Studio · 705 sqftBay Square 9, Business Bay · 6th floor · completed 2014

617, Bay Square 9

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 900K22 December 2023
Current rentAED 85K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Bay Square 9

What is 617 worth today?

Last sold for AED 900,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2026RentedRenewal
AED 85,000/yr12 months · AED 121 per sqft
1 Aug 2025RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
1 Aug 2025RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
4 May 2024RentedNew contract
AED 90,000/yr12 months · AED 129 per sqft
22 Dec 2023SoldReady
AED 900,000AED 1,277 per sqft
13 Oct 2023RentedNew contract
AED 50,844/yr8 months · AED 72 per sqft
12 Oct 2022RentedNew contract
AED 48,300/yr12 months · AED 69 per sqft
12 Oct 2021RentedNew contract
AED 46,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
705 sqft
Floor
6th of 8
Parking
B2-876
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 900K · December 2023
Building
Bay Square 9

About 617, Bay Square 9

617 is a studio of 705 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 22 December 2023 for AED 900,000, or AED 1,277 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 9 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 85,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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 867,148 (AED 1,230 per sqft)Sold, December 2023: AED 900,000 (AED 1,277 per sqft)

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

Rents
Unit 617, each contractTypical studio in Bay Square 9
50K75K2016201920222025Typical 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, June 2016: AED 85,000 a yearNew contract, April 2018: AED 76,000 a yearNew contract, October 2021: AED 46,000 a yearNew contract, October 2022: AED 48,300 a yearNew contract, October 2023: AED 50,844 a yearNew contract, May 2024: AED 90,000 a yearNew contract, August 2025: AED 85,000 a yearNew contract, August 2025: AED 85,000 a yearRenewal, August 2026: AED 85,000 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 617 sits

All 112 studios →

617 last sold in December 2023 at AED 1,277 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. 617's AED 85,000 is in the upper 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

617, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 867,148, last on 22 December 2023 for AED 900,000 (AED 1,277 per sqft).
  • Rented since June 2016 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 46,000 in 2021 and recovered to AED 85,000 by August 2026.
  • At AED 85,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 15,500 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 1 August 2026.

Questions about 617, Bay Square 9

What did unit 617 last sell for?

AED 900,000 on 22 December 2023: AED 1,277 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 867,148 in January 2015.

What is the rent for unit 617?

AED 85,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 85,000; the unit has been rented since June 2016.

How big is unit 617?

705 sqft (65.5 sqm): a studio on the 6th floor of a 8-storey tower completed in 2014.

What is unit 617 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.

Selling 617? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 617, Bay Square 9

Starts from the last sale price (AED 900K, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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