506, Bay Square 9
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Bay Square 9
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 659 sqft
- Floor
- 5th of 8
- Parking
- B3-793
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 903K · March 2024
- Building
- Bay Square 9
About 506, Bay Square 9
506 is a studio of 659 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 1 March 2024 for AED 903,000, or AED 1,369 per sqft, 7% above the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 15 July 2025, is AED 68,000 a year: a gross yield of 7.5% on the 2024 price, before the service charge of about AED 14,500 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Bay Square 9, and where 506 sits
All 112 studios →506 last sold in March 2024 at AED 1,369 per sqft, 7% above what studios in Bay Square 9 were fetching at the time (AED 1,274). Over the last 12 months studios sold for AED 935,000 to 1,065,000, around AED 1,511 per sqft, and rent for AED 45,000 to 118,588 a year. 506's AED 68,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 667 sqft | 935,000 | 1,402 | ||
| 31 Aug 202631 August 2026 | 705 sqft | 1,065,000 | 1,511 | ||
| 25 Jun 202625 June 2026 | 705 sqft | 1,035,000 | 1,468 | ||
| 26 Feb 202626 February 2026 | 664 sqft | 1,030,000 | 1,552 |
Bay Square 9
Building152 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%
Other units on the 5th floor
All 152 units in Bay Square 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 851 sqft | AED 950KAED 950,000 · May 2024May 2024 | 100,000 /yr | |
| 502 | 1-bed | 1,140 sqft | AED 1.54MAED 1,543,756 · Sep 2024September 2024 | 120,000 /yr | |
| 503 | 1-bed | 1,140 sqft | AED 1.54MAED 1,543,758 · Sep 2024September 2024 | 125,000 /yr | |
| 504 | 1-bed | 1,140 sqft | AED 1.51MAED 1,512,881 · Jan 2024January 2024 | 120,000 /yr | |
| 505 | 1-bed | 1,139 sqft | AED 1.51MAED 1,512,310 · Jan 2024January 2024 | 113,803 /yr | |
| 507 | Studio | 659 sqft | AED 840KAED 840,000 · Feb 2024February 2024 | 97,000 /yr | |
| 508 | 1-bed | 1,329 sqft | AED 1.64MAED 1,641,210 · Feb 2024February 2024 | 80,218 /yr | |
| 509 | Studio | 1,140 sqft | AED 1.47MAED 1,470,656 · Apr 2024April 2024 | 77,000 /yr | |
| 510 | Studio | 659 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 80,000 /yr | |
| 511 | Studio | 659 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 77,000 /yr | |
| 512 | Studio | 659 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 90,000 /yr | |
| 513 | 1-bed | 1,301 sqft | AED 1.8MAED 1,800,000 · Apr 2025April 2025 | 85,000 /yr | |
| 514 | Studio | 667 sqft | AED 919KAED 918,750 · Feb 2025February 2025 | 40,000 /yr | |
| 515 | Studio | 659 sqft | AED 945KAED 945,394 · Jan 2024January 2024 | 80,325 /yr | |
| 516 | Studio | 664 sqft | AED 873KAED 873,000 · Feb 2025February 2025 | 75,000 /yr | |
| 517 | Studio | 705 sqft | AED 1.08MAED 1,075,000 · Jan 2025January 2025 | 49,612 /yr | |
| 518 | Studio | 705 sqft | AED 900KAED 900,000 · May 2024May 2024 | 70,000 /yr | |
| 519 | Studio | 707 sqft | AED 920KAED 920,000 · May 2024May 2024 | 85,000 /yr |
506, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 793,802, last on 1 March 2024 for AED 903,000 (AED 1,369 per sqft).
- Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 41,000 in 2021 and recovered to AED 68,000 by July 2025.
- At AED 68,000 a year the gross yield on the 2024 price is 7.5%, before a service charge of about AED 14,500 a year (AED 22.00 per sqft).
- Studios in Bay Square 9 sold for AED 935,000–1,065,000 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 15 July 2025.
Questions about 506, Bay Square 9
What did unit 506 last sell for?
AED 903,000 on 1 March 2024: AED 1,369 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 793,802 in January 2015.
What is the rent for unit 506?
AED 68,000 a year on the contract signed on 15 July 2025. The previous contract, from July 2025, was AED 68,000; the unit has been rented since May 2016.
How big is unit 506?
659 sqft (61.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bay Square 9 sold for AED 935,000 to 1,065,000 in the last 12 months, around AED 1,511 per sqft.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Bay Square 9
Starts from the last sale price (AED 903K, 1 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 903,000
- Deposit, UAE resident (20%)
- AED 180,600
- Deposit, non-resident (40%)
- AED 361,200
- Monthly over 25 years at 3.7%
- AED 3,694
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →