Studio · 664 sqftBay Square 9, Business Bay · 6th floor · completed 2014

616, 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.

Unit 616 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 945K23 January 2024
Current rentAED 74K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Bay Square 9

What is 616 worth today?

Last sold for AED 945,394 in 2024

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1 Oct 2025RentedRenewal
AED 73,500/yr12 months · AED 111 per sqft
23 Jan 2024SoldReady
AED 945,394AED 1,424 per sqft
28 Dec 2021RentedNew contract
AED 47,000/yr12 months · AED 71 per sqft
30 Dec 2018RentedNew contract
AED 61,000/yr12 months · AED 92 per sqft
5 Jul 2017RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
5 Jul 2016RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
14 Jan 2015Sold by developerReady
AED 803,266AED 1,210 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
Studio apartment
Size
664 sqft
Floor
6th of 8
Parking
B2-875
Developer
Business Bay
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 945K · January 2024
Building
Bay Square 9

About 616, Bay Square 9

616 is a studio of 664 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 23 January 2024 for AED 945,394, or AED 1,424 per sqft, 12% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 73,500 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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 803,266 (AED 1,210 per sqft)Sold, January 2024: AED 945,394 (AED 1,424 per sqft)

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

Rents
Unit 616, 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, July 2016: AED 75,000 a yearNew contract, July 2017: AED 75,000 a yearNew contract, December 2018: AED 61,000 a yearNew contract, December 2021: AED 47,000 a yearRenewal, October 2025: AED 73,500 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 616 sits

All 112 studios →

616 last sold in January 2024 at AED 1,424 per sqft, 12% 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. 616's AED 73,500 is in the lower 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 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

616, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 803,266, last on 23 January 2024 for AED 945,394 (AED 1,424 per sqft).
  • Rented since July 2016 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 47,000 in 2021 and recovered to AED 73,500 by October 2025.
  • At AED 73,500 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 14,600 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 1 October 2025.

Questions about 616, Bay Square 9

What did unit 616 last sell for?

AED 945,394 on 23 January 2024: AED 1,424 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 803,266 in January 2015.

What is the rent for unit 616?

AED 73,500 a year on the contract renewed on 1 October 2025. The previous contract, from December 2021, was AED 47,000; the unit has been rented since July 2016.

How big is unit 616?

664 sqft (61.7 sqm): a studio on the 6th floor of a 8-storey tower completed in 2014.

What is unit 616 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 616, 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 →