Studio · 659 sqftBay Square 9, Business Bay · 7th floor · completed 2014

711, 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 711 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 960K6 February 2024
Current rentAED 49K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Bay Square 9

What is 711 worth today?

Last sold for AED 960,000 in 2024

Unlock today's estimate, updated daily, with

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

6 Feb 2024SoldReady
AED 960,000AED 1,456 per sqft
15 Nov 2023RentedNew contract
AED 49,498/yr6 months · AED 75 per sqft
15 Nov 2022RentedNew contract
AED 47,250/yr12 months · AED 72 per sqft
15 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 68 per sqft
15 Nov 2020RentedRenewal
AED 45,000/yr12 months · AED 68 per sqft
15 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
16 Sep 2018RentedNew contract
AED 68,000/yr12 months · AED 103 per sqft
26 Jun 2018RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
7th of 8
Parking
B2-846
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 960K · February 2024
Building
Bay Square 9

About 711, Bay Square 9

711 is a studio of 659 sqft on the 7th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 6 February 2024 for AED 960,000, or AED 1,456 per sqft, 14% above 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, signed on 15 November 2023, is AED 49,498 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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 797,351 (AED 1,209 per sqft)Sold, February 2024: AED 960,000 (AED 1,456 per sqft)

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

Rents
Unit 711, 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, May 2016: AED 80,000 a yearNew contract, June 2018: AED 75,000 a yearNew contract, September 2018: AED 68,000 a yearNew contract, November 2019: AED 65,000 a yearRenewal, November 2020: AED 45,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, November 2022: AED 47,250 a yearNew contract, November 2023: AED 49,498 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 711 sits

All 112 studios →

711 last sold in February 2024 at AED 1,456 per sqft, 14% 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. 711's AED 49,498 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 7th floor

All 152 units in Bay Square 9
Value
701StudioAED 1.07M · Jul 2024
7021-bedAED 1.63M · Nov 2024
7031-bedAED 1.63M · Nov 2024
7041-bedAED 1.63M · Nov 2024
7051-bedAED 1.6M · Nov 2024
706StudioAED 959K · Apr 2024
707StudioAED 920K · Sep 2024
1–7 of 18

711, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 797,351, last on 6 February 2024 for AED 960,000 (AED 1,456 per sqft).
  • Rented since May 2016 on 8 Ejari contracts, from AED 80,000 to AED 49,498 a year.
  • At AED 49,498 a year the gross yield on the 2024 price is 5.2%, 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 6 February 2024.

Questions about 711, Bay Square 9

What did unit 711 last sell for?

AED 960,000 on 6 February 2024: AED 1,456 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 711?

AED 49,498 a year on the contract signed on 15 November 2023. The previous contract, from November 2022, was AED 47,250; the unit has been rented since May 2016.

How big is unit 711?

659 sqft (61.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.

What is unit 711 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 711? 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 711, Bay Square 9

Starts from the last sale price (AED 960K, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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