1-bed · 1,140 sqftBay Square 9, Business Bay · completed 2014

P03, Bay Square 9

Sold prices and rental history: sold 3 times, last in November 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P03 · DLD and Ejari recordsUpdated 19 November 2025
Last soldAED 1.63M19 November 2025
Current rentAED 110K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P03, Bay Square 9

What is P03 worth today?

Last sold for AED 1,630,000 in 2025

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19 Nov 2025SoldReady
AED 1,630,000AED 1,430 per sqft
8 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
11 Jun 2024SoldReady
AED 1,350,000AED 1,184 per sqft
19 May 2023RentedNew contract
AED 68,250/yr12 months · AED 60 per sqft
19 May 2021RentedRenewal
AED 65,000/yr12 months · AED 57 per sqft
19 May 2020RentedNew contract
AED 86,000/yr12 months · AED 75 per sqft
19 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
4 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 19 November 2025.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Parking
B2-777
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.63M · November 2025
Building
Bay Square 9

About P03, Bay Square 9

P03 is a one-bedroom apartment of 1,140 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 19 November 2025 for AED 1,630,000, or AED 1,430 per sqft, in line with the AED 1,417 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 8 October 2024, is AED 110,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 25,100 a year.

Sales and rents for P03 over time

Sales
Unit P03, each saleTypical one-bed in Bay Square 9
1.4M1.6M20152018202120242027Typical sale price by year: 2015 AED 1,373,478; 2023 AED 1,550,000; 2024 AED 1,512,881; 2025 AED 1,630,000; 2026 AED 1,700,000Sold by developer, January 2015: AED 1,369,929 (AED 1,201 per sqft)Sold, June 2024: AED 1,350,000 (AED 1,184 per sqft)Sold, November 2025: AED 1,630,000 (AED 1,430 per sqft)

P03 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit P03, each contractTypical one-bed in Bay Square 9
75K100K125K2016201920222025Typical rent by year: 2016 AED 110,000; 2017 AED 110,000; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 66,000; 2022 AED 69,300; 2023 AED 69,603; 2024 AED 116,500; 2025 AED 120,000; 2026 AED 111,902New contract, September 2016: AED 110,000 a yearNew contract, October 2017: AED 100,000 a yearNew contract, March 2019: AED 95,000 a yearNew contract, May 2020: AED 86,000 a yearRenewal, May 2021: AED 65,000 a yearNew contract, May 2023: AED 68,250 a yearNew contract, October 2024: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bay Square 9, and where P03 sits

All 59 1-beds →

P03 last sold in November 2025 at AED 1,430 per sqft, in line with what one-beds in Bay Square 9 were fetching at the time (AED 1,417). Over the last 12 months one-beds sold for AED 1,235,000 to 2,000,000, around AED 1,430 per sqft, and rent for AED 90,000 to 220,000 a year. P03's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,235,000
21 Sep 20261,392,472
21 Sep 20261,391,947
21 Sep 20261,479,503
15 1-bed 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 →

P03, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 1,369,929, last on 19 November 2025 for AED 1,630,000 (AED 1,430 per sqft).
  • Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 110,000 by October 2024.
  • At AED 110,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 25,100 a year (AED 22.00 per sqft).
  • One-beds in Bay Square 9 sold for AED 1,235,000–2,000,000 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 19 November 2025.

Questions about P03, Bay Square 9

What did unit P03 last sell for?

AED 1,630,000 on 19 November 2025: AED 1,430 per sqft for 1,140 sqft. The unit has 3 registered sales; the first was AED 1,369,929 in January 2015.

What is the rent for unit P03?

AED 110,000 a year on the contract signed on 8 October 2024. The previous contract, from May 2023, was AED 68,250; the unit has been rented since September 2016.

How big is unit P03?

1,140 sqft (105.9 sqm): a one-bedroom apartment of a 8-storey tower completed in 2014.

What is unit P03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 9 sold for AED 1,235,000 to 2,000,000 in the last 12 months, around AED 1,430 per sqft.

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Mortgage on P03, Bay Square 9

Starts from the last sale price (AED 1.63M, 19 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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