515, 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.
Property timeline for 515, Bay Square 9
What is 515 worth today?
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Source: Dubai Land Department. Updated 31 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 659 sqft
- Floor
- 5th of 8
- Parking
- B3-902
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 945K · January 2024
- Building
- Bay Square 9
About 515, Bay Square 9
515 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 23 January 2024 for AED 945,394, or AED 1,434 per sqft, 13% above the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 31 March 2026, is AED 80,325 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 14,500 a year.
Sales and rents for 515 over time
515 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 515 sits
All 112 studios →515 last sold in January 2024 at AED 1,434 per sqft, 13% 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. 515's AED 80,325 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 | |
| 506 | Studio | 659 sqft | AED 903KAED 903,000 · Mar 2024March 2024 | 68,000 /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 | |
| 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 |
515, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 797,351, last on 23 January 2024 for AED 945,394 (AED 1,434 per sqft).
- Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 80,325 by March 2026.
- At AED 80,325 a year the gross yield on the 2024 price is 8.5%, 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 31 March 2026.
Questions about 515, Bay Square 9
What did unit 515 last sell for?
AED 945,394 on 23 January 2024: AED 1,434 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 797,351 in January 2015.
What is the rent for unit 515?
AED 80,325 a year on the contract renewed on 31 March 2026. The previous contract, from April 2025, was AED 78,962; the unit has been rented since June 2016.
How big is unit 515?
659 sqft (61.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 515 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 515, Bay Square 9
Starts from the last sale price (AED 945K, 23 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 945,394
- Deposit, UAE resident (20%)
- AED 189,079
- Deposit, non-resident (40%)
- AED 378,158
- Monthly over 25 years at 3.7%
- AED 3,868
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →