Studio · 659 sqftBay Square 9, Business Bay · 5th floor · completed 2014

507, Bay Square 9

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

Unit 507 · DLD and Ejari recordsUpdated 29 November 2025
Last soldAED 840K12 February 2024
Current rentAED 97K /yr29 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Bay Square 9

What is 507 worth today?

Last sold for AED 840,000 in 2024

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29 Nov 2025RentedRenewal
AED 97,000/yr12 months · AED 148 per sqft
29 Nov 2024RentedNew contract
AED 97,000/yr12 months · AED 148 per sqft
12 Feb 2024SoldReady
AED 840,000AED 1,274 per sqft
1 Dec 2023RentedNew contract
AED 48,552/yr5 months · AED 74 per sqft
1 Dec 2022RentedNew contract
AED 46,200/yr12 months · AED 70 per sqft
1 Dec 2021RentedRenewal
AED 42,000/yr12 months · AED 64 per sqft
1 Dec 2020RentedRenewal
AED 42,000/yr12 months · AED 64 per sqft
1 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 29 November 2025.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
5th of 8
Parking
B3-794
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 840K · February 2024
Building
Bay Square 9

About 507, Bay Square 9

507 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 12 February 2024 for AED 840,000, or AED 1,274 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 29 November 2025, is AED 97,000 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical studio in Bay Square 9
800K1M20152018202120242027Typical sale price by year: 2015 AED 803,266; 2023 AED 859,730; 2024 AED 892,500; 2025 AED 1,060,000; 2026 AED 1,032,500Sold by developer, January 2015: AED 791,436 (AED 1,200 per sqft)Sold, February 2024: AED 840,000 (AED 1,274 per sqft)

507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 507, each contractTypical studio in Bay Square 9
50K75K100K2016201920222025Typical rent by year: 2016 AED 75,000; 2017 AED 75,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 53,500; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 50,751; 2024 AED 83,000; 2025 AED 83,000; 2026 AED 77,000New contract, May 2016: AED 75,000 a yearNew contract, January 2018: AED 70,000 a yearNew contract, December 2019: AED 55,000 a yearRenewal, December 2020: AED 42,000 a yearRenewal, December 2021: AED 42,000 a yearNew contract, December 2022: AED 46,200 a yearNew contract, December 2023: AED 48,552 a yearNew contract, November 2024: AED 97,000 a yearRenewal, November 2025: AED 97,000 a year

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 507 sits

All 112 studios →

507 last sold in February 2024 at AED 1,274 per sqft, in line with 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. 507's AED 97,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026935,000
31 Aug 20261,065,000
25 Jun 20261,035,000
26 Feb 20261,030,000
5 studio 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
5051-bedAED 1.51M · Jan 2024
506StudioAED 903K · Mar 2024
5081-bedAED 1.64M · Feb 2024
1–7 of 18

507, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 791,436, last on 12 February 2024 for AED 840,000 (AED 1,274 per sqft).
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2021 and recovered to AED 97,000 by November 2025.
  • At AED 97,000 a year the gross yield on the 2024 price is 11.6%, 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 29 November 2025.

Questions about 507, Bay Square 9

What did unit 507 last sell for?

AED 840,000 on 12 February 2024: AED 1,274 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 791,436 in January 2015.

What is the rent for unit 507?

AED 97,000 a year on the contract renewed on 29 November 2025. The previous contract, from November 2024, was AED 97,000; the unit has been rented since May 2016.

How big is unit 507?

659 sqft (61.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.

What is unit 507 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.

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Mortgage on 507, Bay Square 9

Starts from the last sale price (AED 840K, 12 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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