P04, Bay Square 9
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P04, Bay Square 9
What is P04 worth today?
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Source: Dubai Land Department. Updated 23 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,140 sqft
- Parking
- B2-776
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.46M · January 2024
- Building
- Bay Square 9
About P04, Bay Square 9
P04 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 23 January 2024 for AED 1,456,672, or AED 1,278 per sqft, in line with the AED 1,304 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 January 2023, is AED 69,500 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for P04 over time
P04 has sold twice; the dashed line is the one-bed median of each year in the building.
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 P04 sits
All 59 1-beds →P04 last sold in January 2024 at AED 1,278 per sqft, in line with what one-beds in Bay Square 9 were fetching at the time (AED 1,304). 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. P04's AED 69,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,140 sqft | 1,235,000 | 1,083 | ||
| 21 Sep 202621 September 2026 | 1,140 sqft | 1,392,472 | 1,221 | ||
| 21 Sep 202621 September 2026 | 1,139 sqft | 1,391,947 | 1,221 | ||
| 21 Sep 202621 September 2026 | 1,140 sqft | 1,479,503 | 1,298 |
Bay Square 9
Building152 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%
P04, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 1,369,929, last on 23 January 2024 for AED 1,456,672 (AED 1,278 per sqft).
- Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 62,897 in 2021 and recovered to AED 69,500 by January 2023.
- At AED 69,500 a year the gross yield on the 2024 price is 4.8%, 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 23 January 2024.
Questions about P04, Bay Square 9
What did unit P04 last sell for?
AED 1,456,672 on 23 January 2024: AED 1,278 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,369,929 in January 2015.
What is the rent for unit P04?
AED 69,500 a year on the contract signed on 1 January 2023. The previous contract, from July 2022, was AED 69,458; the unit has been rented since February 2016.
How big is unit P04?
1,140 sqft (105.9 sqm): a one-bedroom apartment of a 8-storey tower completed in 2014.
What is unit P04 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 P04, Bay Square 9
Starts from the last sale price (AED 1.46M, 23 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,456,672
- Deposit, UAE resident (20%)
- AED 291,334
- Deposit, non-resident (40%)
- AED 582,669
- Monthly over 25 years at 3.7%
- AED 5,960
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →