1-bed · 1,301 sqftBay Square 9, Business Bay · 5th floor · completed 2014

513, Bay Square 9

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 29 April 2025
Last soldAED 1.8M29 April 2025
Current rentAED 85K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Bay Square 9

What is 513 worth today?

Last sold for AED 1,800,000 in 2025

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29 Apr 2025SoldReady
AED 1,800,000AED 1,383 per sqft
15 Apr 2024SoldReady
AED 1,645,200AED 1,264 per sqft
1 Jun 2023RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
1 Jun 2022RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
12 Feb 2022RentedRenewal
AED 75,883/yr2 months · AED 58 per sqft
12 Aug 2021RentedRenewal
AED 79,200/yr6 months · AED 61 per sqft
12 May 2021RentedRenewal
AED 82,800/yr3 months · AED 64 per sqft
12 May 2020RentedNew contract
AED 92,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 29 April 2025.

Key facts

Type
1-bed apartment
Size
1,301 sqft
Floor
5th of 8
Parking
B3-824
Developer
Business Bay
Completed
2014
Service charge
AED 28,600 /yr
Last sold
AED 1.8M · April 2025
Building
Bay Square 9

About 513, Bay Square 9

513 is a one-bedroom apartment of 1,301 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 29 April 2025 for AED 1,800,000, or AED 1,383 per sqft, 5% above the AED 1,323 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 1 June 2023, is AED 85,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 28,600 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical one-bed in Bay Square 9
1.4M1.6M1.8M20152018202120242027Typical 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 1,567,492 (AED 1,204 per sqft)Sold, April 2024: AED 1,645,200 (AED 1,264 per sqft)Sold, April 2025: AED 1,800,000 (AED 1,383 per sqft)

513 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 513, 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 125,000 a yearRenewal, May 2017: AED 125,000 a yearNew contract, June 2018: AED 115,000 a yearNew contract, May 2020: AED 92,000 a yearRenewal, May 2021: AED 82,800 a yearRenewal, August 2021: AED 79,200 a yearRenewal, February 2022: AED 75,883 a yearNew contract, June 2022: AED 85,000 a yearNew contract, June 2023: AED 85,000 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 513 sits

All 59 1-beds →

513 last sold in April 2025 at AED 1,383 per sqft, 5% above what one-beds in Bay Square 9 were fetching at the time (AED 1,323). 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. 513's AED 85,000 is at the bottom 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
5051-bedAED 1.51M · Jan 2024
506StudioAED 903K · Mar 2024
507StudioAED 840K · Feb 2024
1–7 of 18

513, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 1,567,492, last on 29 April 2025 for AED 1,800,000 (AED 1,383 per sqft).
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 75,883 in 2022 and recovered to AED 85,000 by June 2023.
  • At AED 85,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 28,600 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 29 April 2025.

Questions about 513, Bay Square 9

What did unit 513 last sell for?

AED 1,800,000 on 29 April 2025: AED 1,383 per sqft for 1,301 sqft. The unit has 3 registered sales; the first was AED 1,567,492 in January 2015.

What is the rent for unit 513?

AED 85,000 a year on the contract signed on 1 June 2023. The previous contract, from June 2022, was AED 85,000; the unit has been rented since May 2016.

How big is unit 513?

1,301 sqft (120.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 513 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 513, Bay Square 9

Starts from the last sale price (AED 1.8M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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