Studio · 705 sqftBay Square 9, Business Bay · 8th floor · completed 2014

818, Bay Square 9

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

Unit 818 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 1.02M4 April 2024
Current rentAED 52K /yr19 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 818, Bay Square 9

What is 818 worth today?

Last sold for AED 1,017,616 in 2024

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4 Apr 2024SoldReady
AED 1,017,616AED 1,444 per sqft
19 Jan 2024RentedNew contract
AED 52,256/yr4 months · AED 74 per sqft
19 Jan 2023RentedNew contract
AED 52,500/yr12 months · AED 74 per sqft
19 Jan 2022RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
31 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
1 Jun 2018RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
1 Jun 2017RentedRenewal
AED 85,000/yr12 months · AED 121 per sqft
1 Jun 2016RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
Studio apartment
Size
705 sqft
Floor
8th of 8
Parking
B2-792
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.02M · April 2024
Building
Bay Square 9

About 818, Bay Square 9

818 is a studio of 705 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 4 April 2024 for AED 1,017,616, or AED 1,444 per sqft, 13% above the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 19 January 2024, is AED 52,256 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 818 over time

Sales
Unit 818, 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 855,318 (AED 1,213 per sqft)Sold, April 2024: AED 1,017,616 (AED 1,444 per sqft)

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

Rents
Unit 818, 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 85,000 a yearRenewal, June 2017: AED 85,000 a yearNew contract, June 2018: AED 75,000 a yearNew contract, July 2019: AED 70,000 a yearNew contract, January 2022: AED 50,000 a yearNew contract, January 2023: AED 52,500 a yearNew contract, January 2024: AED 52,256 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 818 sits

All 112 studios →

818 last sold in April 2024 at AED 1,444 per sqft, 13% above what studios in Bay Square 9 were fetching at the time (AED 1,277). 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. 818's AED 52,256 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

818, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 855,318, last on 4 April 2024 for AED 1,017,616 (AED 1,444 per sqft).
  • Rented since June 2016 on 7 Ejari contracts, from AED 85,000 to AED 52,256 a year.
  • At AED 52,256 a year the gross yield on the 2024 price is 5.1%, 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 4 April 2024.

Questions about 818, Bay Square 9

What did unit 818 last sell for?

AED 1,017,616 on 4 April 2024: AED 1,444 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 855,318 in January 2015.

What is the rent for unit 818?

AED 52,256 a year on the contract signed on 19 January 2024. The previous contract, from January 2023, was AED 52,500; the unit has been rented since June 2016.

How big is unit 818?

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

What is unit 818 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 818, Bay Square 9

Starts from the last sale price (AED 1.02M, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,017,616
Deposit, UAE resident (20%)
AED 203,523
Deposit, non-resident (40%)
AED 407,046
Monthly over 25 years at 3.7%
AED 4,163

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