Studio · 667 sqftBay Square 9, Business Bay · 5th floor · completed 2014

514, Bay Square 9

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

Unit 514 · DLD and Ejari recordsUpdated 12 March 2025
Last soldAED 919K25 February 2025
Current rentAED 40K /yr12 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Bay Square 9

What is 514 worth today?

Last sold for AED 918,750 in 2025

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12 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
12 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
25 Feb 2025SoldReady
AED 918,750AED 1,378 per sqft
1 Feb 2023RentedNew contract
AED 51,450/yr12 months · AED 77 per sqft
1 Feb 2022RentedNew contract
AED 49,000/yr12 months · AED 74 per sqft
14 Dec 2019RentedNew contract
AED 53,000/yr14 months · AED 80 per sqft
15 Dec 2018RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
16 Aug 2016RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 12 March 2025.

Key facts

Type
Studio apartment
Size
667 sqft
Floor
5th of 8
Parking
B3-825
Developer
Business Bay
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 919K · February 2025
Building
Bay Square 9

About 514, Bay Square 9

514 is a studio of 667 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 25 February 2025 for AED 918,750, or AED 1,378 per sqft, 4% above the AED 1,322 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 12 March 2025, is AED 40,000 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 14,700 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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 818,645 (AED 1,228 per sqft)Sold, February 2025: AED 918,750 (AED 1,378 per sqft)

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

Rents
Unit 514, each contractTypical studio in Bay Square 9
40K60K80K2016201920222025Typical 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, August 2016: AED 75,000 a yearNew contract, December 2018: AED 60,000 a yearNew contract, December 2019: AED 53,000 a yearNew contract, February 2022: AED 49,000 a yearNew contract, February 2023: AED 51,450 a yearNew contract, March 2025: AED 40,000 a yearNew contract, March 2025: AED 40,000 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 514 sits

All 112 studios →

514 last sold in February 2025 at AED 1,378 per sqft, 4% above what studios in Bay Square 9 were fetching at the time (AED 1,322). 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. 514's AED 40,000 is at the bottom 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
507StudioAED 840K · Feb 2024
1–7 of 18

514, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 818,645, last on 25 February 2025 for AED 918,750 (AED 1,378 per sqft).
  • Rented since August 2016 on 7 Ejari contracts, from AED 75,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 14,700 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 12 March 2025.

Questions about 514, Bay Square 9

What did unit 514 last sell for?

AED 918,750 on 25 February 2025: AED 1,378 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 818,645 in January 2015.

What is the rent for unit 514?

AED 40,000 a year on the contract signed on 12 March 2025. The previous contract, from March 2025, was AED 40,000; the unit has been rented since August 2016.

How big is unit 514?

667 sqft (62.0 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.

What is unit 514 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 514, Bay Square 9

Starts from the last sale price (AED 919K, 25 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 918,750
Deposit, UAE resident (20%)
AED 183,750
Deposit, non-resident (40%)
AED 367,500
Monthly over 25 years at 3.7%
AED 3,759

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