Studio · 1,140 sqftBay Square 9, Business Bay · 6th floor · completed 2014

609, 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 609 · DLD and Ejari recordsUpdated 14 September 2025
Last soldAED 1.47M28 February 2024
Current rentAED 120K /yr14 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Bay Square 9

What is 609 worth today?

Last sold for AED 1,470,656 in 2024

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14 Sep 2025RentedRenewal
AED 120,000/yr12 months · AED 106 per sqft
14 Sep 2025RentedRenewal
AED 120,000/yr12 months · AED 106 per sqft
14 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
28 Feb 2024SoldReady
AED 1,470,656AED 1,289 per sqft
10 Feb 2023RentedNew contract
AED 79,000/yr12 months · AED 69 per sqft
10 Feb 2022RentedNew contract
AED 79,000/yr12 months · AED 69 per sqft
15 Oct 2018RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
15 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 14 September 2025.

Key facts

Type
Studio apartment
Size
1,140 sqft
Floor
6th of 8
Parking
B2-868
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.47M · February 2024
Building
Bay Square 9

About 609, Bay Square 9

609 is a studio of 1,140 sqft on the 6th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 28 February 2024 for AED 1,470,656, or AED 1,289 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 8 Ejari contracts. The current contract, renewed on 14 September 2025, is AED 120,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Bay Square 9
1M1.5M20152018202120242027Typical 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 1,377,027 (AED 1,207 per sqft)Sold, February 2024: AED 1,470,656 (AED 1,289 per sqft)

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

Rents
Unit 609, each contractTypical studio in Bay Square 9
50K100K2016201920222025Typical 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, July 2016: AED 120,000 a yearNew contract, August 2017: AED 110,000 a yearNew contract, October 2018: AED 110,000 a yearNew contract, February 2022: AED 79,000 a yearNew contract, February 2023: AED 79,000 a yearNew contract, September 2024: AED 120,000 a yearRenewal, September 2025: AED 120,000 a yearRenewal, September 2025: AED 120,000 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 609 sits

All 112 studios →

609 last sold in February 2024 at AED 1,289 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. 609's AED 120,000 is at the top 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 6th floor

All 152 units in Bay Square 9
Value
601StudioAED 970K · Jan 2024
6021-bedAED 1.42M · Apr 2024
6031-bedAED 1.46M · Jul 2024
6041-bedAED 1.41M · Aug 2024
6051-bedAED 2M · May 2026
606StudioAED 830K · Aug 2023
607StudioAED 860K · Feb 2024
1–7 of 18

609, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,377,027, last on 28 February 2024 for AED 1,470,656 (AED 1,289 per sqft).
  • Rented since July 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 79,000 in 2023 and recovered to AED 120,000 by September 2025.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 25,100 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 14 September 2025.

Questions about 609, Bay Square 9

What did unit 609 last sell for?

AED 1,470,656 on 28 February 2024: AED 1,289 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,377,027 in January 2015.

What is the rent for unit 609?

AED 120,000 a year on the contract renewed on 14 September 2025. The previous contract, from September 2025, was AED 120,000; the unit has been rented since July 2016.

How big is unit 609?

1,140 sqft (105.9 sqm): a studio on the 6th floor of a 8-storey tower completed in 2014.

What is unit 609 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 609, Bay Square 9

Starts from the last sale price (AED 1.47M, 28 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,656
Deposit, UAE resident (20%)
AED 294,131
Deposit, non-resident (40%)
AED 588,262
Monthly over 25 years at 3.7%
AED 6,017

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