1-bed · 1,140 sqftBay Square 9, Business Bay · 5th floor · completed 2014

502, Bay Square 9

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 16 December 2025
Last soldAED 1.54M12 September 2024
Current rentAED 120K /yr16 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Bay Square 9

What is 502 worth today?

Last sold for AED 1,543,756 in 2024

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16 Dec 2025RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
16 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
12 Sep 2024SoldReady
AED 1,543,756AED 1,354 per sqft
27 Jan 2024RentedNew contract
AED 69,000/yr3 months · AED 61 per sqft
27 Jan 2023RentedNew contract
AED 69,300/yr12 months · AED 61 per sqft
27 Jan 2022RentedRenewal
AED 66,000/yr12 months · AED 58 per sqft
27 Jan 2021RentedNew contract
AED 63,000/yr12 months · AED 55 per sqft
26 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
5th of 8
Parking
B3-788
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.54M · September 2024
Building
Bay Square 9

About 502, Bay Square 9

502 is a one-bedroom apartment of 1,140 sqft on the 5th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 12 September 2024 for AED 1,543,756, or AED 1,354 per sqft, 6% above the AED 1,278 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 16 December 2025, is AED 120,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Bay Square 9
1.4M1.6M20152018202120242027Typical sale price by year: 2015 AED 1,373,478; 2023 AED 1,550,000; 2024 AED 1,512,881; 2025 AED 1,630,000; 2026 AED 1,700,000Sold by developer, January 2015: AED 1,373,478 (AED 1,205 per sqft)Sold, September 2024: AED 1,543,756 (AED 1,354 per sqft)

502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Bay Square 9
100K2016201920222025Typical rent by year: 2016 AED 110,000; 2017 AED 110,000; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 66,000; 2022 AED 69,300; 2023 AED 69,603; 2024 AED 116,500; 2025 AED 120,000; 2026 AED 111,902New contract, December 2016: AED 105,000 a yearNew contract, June 2018: AED 100,000 a yearNew contract, August 2019: AED 85,000 a yearNew contract, January 2021: AED 63,000 a yearRenewal, January 2022: AED 66,000 a yearNew contract, January 2023: AED 69,300 a yearNew contract, January 2024: AED 69,000 a yearNew contract, December 2024: AED 120,000 a yearNew contract, December 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bay Square 9, and where 502 sits

All 59 1-beds →

502 last sold in September 2024 at AED 1,354 per sqft, 6% above what one-beds in Bay Square 9 were fetching at the time (AED 1,278). Over the last 12 months one-beds sold for AED 1,235,000 to 2,000,000, around AED 1,430 per sqft, and rent for AED 90,000 to 220,000 a year. 502's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,235,000
21 Sep 20261,392,472
21 Sep 20261,391,947
21 Sep 20261,479,503
15 1-bed sales in the last 12 months

Bay Square 9

Building

152 apartments, studios to 1-bed over 8 floors in Business Bay, completed in 2014 by Business Bay. 20 sold in the last 12 months.

Typical price per sqft
AED 1,430 Down 5.5%
Typical sale
AED 1.5M
Typical rent
AED 85K /yr
Typical yield
7.9%
Bay Square 9, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 152 units in Bay Square 9
Value
501StudioAED 950K · May 2024
5031-bedAED 1.54M · Sep 2024
5041-bedAED 1.51M · Jan 2024
5051-bedAED 1.51M · Jan 2024
506StudioAED 903K · Mar 2024
507StudioAED 840K · Feb 2024
5081-bedAED 1.64M · Feb 2024
1–7 of 18

502, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,373,478, last on 12 September 2024 for AED 1,543,756 (AED 1,354 per sqft).
  • Rented since December 2016 on 9 Ejari contracts. The rent fell from AED 105,000 to AED 63,000 in 2021 and recovered to AED 120,000 by December 2025.
  • At AED 120,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 25,100 a year (AED 22.00 per sqft).
  • One-beds in Bay Square 9 sold for AED 1,235,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,430 per sqft.

Source: Dubai Land Department. Updated 16 December 2025.

Questions about 502, Bay Square 9

What did unit 502 last sell for?

AED 1,543,756 on 12 September 2024: AED 1,354 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,373,478 in January 2015.

What is the rent for unit 502?

AED 120,000 a year on the contract signed on 16 December 2025. The previous contract, from December 2024, was AED 120,000; the unit has been rented since December 2016.

How big is unit 502?

1,140 sqft (105.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 9 sold for AED 1,235,000 to 2,000,000 in the last 12 months, around AED 1,430 per sqft.

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Mortgage on 502, Bay Square 9

Starts from the last sale price (AED 1.54M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,543,756
Deposit, UAE resident (20%)
AED 308,751
Deposit, non-resident (40%)
AED 617,502
Monthly over 25 years at 3.7%
AED 6,316

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →