Studio · 659 sqftBay Square 9, Business Bay · completed 2014

P06, Bay Square 9

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P06 · DLD and Ejari recordsUpdated 29 September 2026
Last soldAED 840K20 February 2024
Current rentAED 65K /yr29 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P06, Bay Square 9

What is P06 worth today?

Last sold for AED 840,000 in 2024

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29 Sep 2026RentedRenewal
AED 65,000/yr12 months · AED 99 per sqft
29 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 129 per sqft
20 Feb 2024SoldReady
AED 840,000AED 1,274 per sqft
20 Feb 2023RentedNew contract
AED 48,300/yr12 months · AED 73 per sqft
20 Feb 2022RentedNew contract
AED 46,000/yr12 months · AED 70 per sqft
20 Feb 2021RentedRenewal
AED 42,000/yr12 months · AED 64 per sqft
20 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 68 per sqft
23 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type
Studio apartment
Size
659 sqft
Parking
B2-774
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 840K · February 2024
Building
Bay Square 9

About P06, Bay Square 9

P06 is a studio of 659 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 20 February 2024 for AED 840,000, or AED 1,274 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 29 September 2026, is AED 65,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for P06 over time

Sales
Unit P06, 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 793,802 (AED 1,204 per sqft)Sold, February 2024: AED 840,000 (AED 1,274 per sqft)

P06 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P06, 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 77,000Renewal, February 2017: AED 70,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, February 2020: AED 45,000 a yearRenewal, February 2021: AED 42,000 a yearNew contract, February 2022: AED 46,000 a yearNew contract, February 2023: AED 48,300 a yearNew contract, September 2025: AED 85,000 a yearRenewal, September 2026: AED 65,000 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 P06 sits

All 112 studios →

P06 last sold in February 2024 at AED 1,274 per sqft, in line with what studios in Bay Square 9 were fetching at the time (AED 1,274). 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. P06's AED 65,000 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 →

P06, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 793,802, last on 20 February 2024 for AED 840,000 (AED 1,274 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 65,000 by September 2026.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.7%, 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 29 September 2026.

Questions about P06, Bay Square 9

What did unit P06 last sell for?

AED 840,000 on 20 February 2024: AED 1,274 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 793,802 in January 2015.

What is the rent for unit P06?

AED 65,000 a year on the contract renewed on 29 September 2026. The previous contract, from September 2025, was AED 85,000; the unit has been rented since February 2017.

How big is unit P06?

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

What is unit P06 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 P06, Bay Square 9

Starts from the last sale price (AED 840K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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