Studio · 659 sqftBay Square 9, Business Bay · 8th floor · completed 2014

812, Bay Square 9

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.08M25 October 2024
Current rentAED 51K /yr15 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Bay Square 9

What is 812 worth today?

Last sold for AED 1,080,000 in 2024

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25 Oct 2024SoldReady
AED 1,080,000AED 1,638 per sqft
13 Nov 2023SoldReady
AED 960,000AED 1,456 per sqft
15 Mar 2022RentedNew contract
AED 51,000/yr12 months · AED 77 per sqft
31 Dec 2020RentedRenewal
AED 43,000/yr12 months · AED 65 per sqft
31 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
1 Nov 2018RentedNew contract
AED 66,000/yr12 months · AED 100 per sqft
25 Feb 2018RentedNew contract
AED 73,000/yr12 months · AED 111 per sqft
15 Oct 2016RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
8th of 8
Parking
B2-786
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 1.08M · October 2024
Building
Bay Square 9

About 812, Bay Square 9

812 is a studio of 659 sqft on the 8th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 25 October 2024 for AED 1,080,000, or AED 1,638 per sqft, 28% above the AED 1,279 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 March 2022, is AED 51,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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 791,435 (AED 1,200 per sqft)Sold, November 2023: AED 960,000 (AED 1,456 per sqft)Sold, October 2024: AED 1,080,000 (AED 1,638 per sqft)

812 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 812, 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, October 2016: AED 75,000 a yearNew contract, February 2018: AED 73,000 a yearNew contract, November 2018: AED 66,000 a yearNew contract, December 2019: AED 60,000 a yearRenewal, December 2020: AED 43,000 a yearNew contract, March 2022: AED 51,000 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 812 sits

All 112 studios →

812 last sold in October 2024 at AED 1,638 per sqft, 28% above what studios in Bay Square 9 were fetching at the time (AED 1,279). 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. 812's AED 51,000 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 8th floor

All 152 units in Bay Square 9
Value
801StudioAED 1.07M · May 2024
8021-bedAED 1.24M · Oct 2026
8031-bedAED 1.48M · Sep 2026
8041-bedAED 1.39M · Sep 2026
8051-bedAED 1.39M · Sep 2026
806StudioAED 940K · Mar 2024
807StudioAED 930K · May 2024
1–7 of 18

812, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 791,435, last on 25 October 2024 for AED 1,080,000 (AED 1,638 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 43,000 in 2020 and recovered to AED 51,000 by March 2022.
  • At AED 51,000 a year the gross yield on the 2024 price is 4.7%, 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 25 October 2024.

Questions about 812, Bay Square 9

What did unit 812 last sell for?

AED 1,080,000 on 25 October 2024: AED 1,638 per sqft for 659 sqft. The unit has 3 registered sales; the first was AED 791,435 in January 2015.

What is the rent for unit 812?

AED 51,000 a year on the contract signed on 15 March 2022. The previous contract, from December 2020, was AED 43,000; the unit has been rented since October 2016.

How big is unit 812?

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

What is unit 812 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 812, Bay Square 9

Starts from the last sale price (AED 1.08M, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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