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

712, Bay Square 9

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

Unit 712 · DLD and Ejari recordsUpdated 30 June 2026
Last soldAED 916K25 July 2023
Current rentAED 80K /yr30 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Bay Square 9

What is 712 worth today?

Last sold for AED 916,106 in 2023

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30 Jun 2026RentedRenewal
AED 80,000/yr12 months · AED 122 per sqft
30 Jun 2025RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
27 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
25 Jul 2023SoldReady
AED 916,106AED 1,389 per sqft
12 Feb 2022RentedNew contract
AED 48,000/yr12 months · AED 73 per sqft
28 May 2020RentedRenewal
AED 55,000/yr12 months · AED 83 per sqft
28 May 2019RentedNew contract
AED 62,000/yr12 months · AED 94 per sqft
10 Jan 2018RentedNew contract
AED 72,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 30 June 2026.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
7th of 8
Parking
B2-847
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 916K · July 2023
Building
Bay Square 9

About 712, Bay Square 9

712 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 25 July 2023 for AED 916,106, or AED 1,389 per sqft, 9% 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, renewed on 30 June 2026, is AED 80,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 14,500 a year.

Sales and rents for 712 over time

Sales
Unit 712, 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 791,436 (AED 1,200 per sqft)Sold, July 2023: AED 916,106 (AED 1,389 per sqft)

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

Rents
Unit 712, 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, June 2016: AED 80,000 a yearNew contract, January 2018: AED 72,000 a yearNew contract, May 2019: AED 62,000 a yearRenewal, May 2020: AED 55,000 a yearNew contract, February 2022: AED 48,000 a yearNew contract, December 2023: AED 75,000 a yearNew contract, June 2025: AED 80,000 a yearRenewal, June 2026: AED 80,000 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 712 sits

All 112 studios →

712 last sold in July 2023 at AED 1,389 per sqft, 9% 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. 712's AED 80,000 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

712, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 791,436, last on 25 July 2023 for AED 916,106 (AED 1,389 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2022 and recovered to AED 80,000 by June 2026.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.7%, 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 30 June 2026.

Questions about 712, Bay Square 9

What did unit 712 last sell for?

AED 916,106 on 25 July 2023: AED 1,389 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 791,436 in January 2015.

What is the rent for unit 712?

AED 80,000 a year on the contract renewed on 30 June 2026. The previous contract, from June 2025, was AED 80,000; the unit has been rented since June 2016.

How big is unit 712?

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

What is unit 712 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 712, Bay Square 9

Starts from the last sale price (AED 916K, 25 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 916,106
Deposit, UAE resident (20%)
AED 183,221
Deposit, non-resident (40%)
AED 366,442
Monthly over 25 years at 3.7%
AED 3,748

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