1-bed · 1,139 sqftBay Square 9, Business Bay · 5th floor · completed 2014

505, Bay Square 9

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

Unit 505 · DLD and Ejari recordsUpdated 12 May 2026
Last soldAED 1.51M23 January 2024
Current rentAED 114K /yr12 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bay Square 9

What is 505 worth today?

Last sold for AED 1,512,310 in 2024

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12 May 2026RentedRenewal
AED 113,803/yr10 months · AED 100 per sqft
12 May 2025RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
12 May 2025RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
12 May 2024RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
23 Jan 2024SoldReady
AED 1,512,310AED 1,327 per sqft
3 Mar 2023RentedNew contract
AED 69,706/yr5 months · AED 61 per sqft
3 Mar 2022RentedRenewal
AED 66,000/yr12 months · AED 58 per sqft
3 Mar 2021RentedNew contract
AED 64,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 12 May 2026.

Key facts

Type
1-bed apartment
Size
1,139 sqft
Floor
5th of 8
Parking
B3-792
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.51M · January 2024
Building
Bay Square 9

About 505, Bay Square 9

505 is a one-bedroom apartment of 1,139 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 23 January 2024 for AED 1,512,310, or AED 1,327 per sqft, in line with the AED 1,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 12 May 2026, is AED 113,803 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2024: AED 1,512,310 (AED 1,327 per sqft)

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

Rents
Unit 505, 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, May 2016: AED 110,000 a yearRenewal, May 2017: AED 101,538 a yearNew contract, March 2021: AED 64,000 a yearRenewal, March 2022: AED 66,000 a yearNew contract, March 2023: AED 69,706 a yearNew contract, May 2024: AED 115,000 a yearNew contract, May 2025: AED 115,000 a yearNew contract, May 2025: AED 115,000 a yearRenewal, May 2026: AED 113,803 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 505 sits

All 59 1-beds →

505 last sold in January 2024 at AED 1,327 per sqft, in line with what one-beds in Bay Square 9 were fetching at the time (AED 1,304). 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. 505's AED 113,803 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
5021-bedAED 1.54M · Sep 2024
5031-bedAED 1.54M · Sep 2024
5041-bedAED 1.51M · Jan 2024
506StudioAED 903K · Mar 2024
507StudioAED 840K · Feb 2024
5081-bedAED 1.64M · Feb 2024
1–7 of 18

505, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,373,478, last on 23 January 2024 for AED 1,512,310 (AED 1,327 per sqft).
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 64,000 in 2021 and recovered to AED 113,803 by May 2026.
  • At AED 113,803 a year the gross yield on the 2024 price is 7.5%, 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 12 May 2026.

Questions about 505, Bay Square 9

What did unit 505 last sell for?

AED 1,512,310 on 23 January 2024: AED 1,327 per sqft for 1,139 sqft. The unit has 2 registered sales; the first was AED 1,373,478 in January 2015.

What is the rent for unit 505?

AED 113,803 a year on the contract renewed on 12 May 2026. The previous contract, from May 2025, was AED 115,000; the unit has been rented since May 2016.

How big is unit 505?

1,139 sqft (105.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 505 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 505, Bay Square 9

Starts from the last sale price (AED 1.51M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,512,310
Deposit, UAE resident (20%)
AED 302,462
Deposit, non-resident (40%)
AED 604,924
Monthly over 25 years at 3.7%
AED 6,187

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