P05, Bay Square 9
Sold prices and rental history: sold twice, last in November 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 P05, Bay Square 9
What is P05 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,139 sqft
- Parking
- B2-775
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1M · November 2024
- Building
- Bay Square 9
About P05, Bay Square 9
P05 is a one-bedroom apartment of 1,139 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 1 November 2024 for AED 1,000,390, or AED 878 per sqft, 32% below the AED 1,283 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 120,000 a year: a gross yield of 12.0% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for P05 over time
P05 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 P05 sits
All 59 1-beds →P05 last sold in November 2024 at AED 878 per sqft, 32% below what one-beds in Bay Square 9 were fetching at the time (AED 1,283). 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. P05's AED 120,000 is in the lower half 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%
P05, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 1,373,478, last on 1 November 2024 for AED 1,000,390 (AED 878 per sqft).
- Rented since February 2016 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 66,000 in 2021 and recovered to AED 120,000 by April 2026.
- At AED 120,000 a year the gross yield on the 2024 price is 12.0%, 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 1 April 2026.
Questions about P05, Bay Square 9
What did unit P05 last sell for?
AED 1,000,390 on 1 November 2024: AED 878 per sqft for 1,139 sqft. The unit has 2 registered sales; the first was AED 1,373,478 in January 2015.
What is the rent for unit P05?
AED 120,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 120,000; the unit has been rented since February 2016.
How big is unit P05?
1,139 sqft (105.8 sqm): a one-bedroom apartment of a 8-storey tower completed in 2014.
What is unit P05 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 P05, Bay Square 9
Starts from the last sale price (AED 1M, 1 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,390
- Deposit, UAE resident (20%)
- AED 200,078
- Deposit, non-resident (40%)
- AED 400,156
- Monthly over 25 years at 3.7%
- AED 4,093
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →