Studio · 655 sqftBay Square 9, Business Bay · completed 2014

P07, 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.

Unit P07 · DLD and Ejari recordsUpdated 6 June 2026
Last soldAED 840K3 January 2024
Current rentAED 60K /yr6 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P07, Bay Square 9

What is P07 worth today?

Last sold for AED 840,000 in 2024

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6 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 92 per sqft
3 Jan 2024SoldReady
AED 840,000AED 1,282 per sqft
28 Feb 2023RentedRenewal
AED 48,400/yr12 months · AED 74 per sqft
28 Feb 2022RentedRenewal
AED 44,000/yr12 months · AED 67 per sqft
28 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
1 Mar 2019RentedRenewal
AED 70,202/yr12 months · AED 107 per sqft
1 Mar 2018RentedNew contract
AED 70,000/yr12 months · AED 107 per sqft
1 Feb 2017RentedRenewal
AED 70,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 6 June 2026.

Key facts

Type
Studio apartment
Size
655 sqft
Parking
B2-773
Developer
Business Bay
Completed
2014
Service charge
AED 14,400 /yr
Last sold
AED 840K · January 2024
Building
Bay Square 9

About P07, Bay Square 9

P07 is a studio of 655 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 3 January 2024 for AED 840,000, or AED 1,282 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 6 June 2026, is AED 60,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 14,400 a year.

Sales and rents for P07 over time

Sales
Unit P07, 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 791,436 (AED 1,208 per sqft)Sold, January 2024: AED 840,000 (AED 1,282 per sqft)

P07 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P07, 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, February 2016: AED 70,000 a yearRenewal, February 2017: AED 70,000 a yearNew contract, March 2018: AED 70,000 a yearRenewal, March 2019: AED 70,202 a yearNew contract, February 2021: AED 40,000 a yearRenewal, February 2022: AED 44,000 a yearRenewal, February 2023: AED 48,400 a yearNew contract, June 2026: AED 60,000 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 P07 sits

All 112 studios →

P07 last sold in January 2024 at AED 1,282 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. P07's AED 60,000 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 →

P07, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 791,436, last on 3 January 2024 for AED 840,000 (AED 1,282 per sqft).
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 60,000 by June 2026.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 14,400 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 6 June 2026.

Questions about P07, Bay Square 9

What did unit P07 last sell for?

AED 840,000 on 3 January 2024: AED 1,282 per sqft for 655 sqft. The unit has 2 registered sales; the first was AED 791,436 in January 2015.

What is the rent for unit P07?

AED 60,000 a year on the contract signed on 6 June 2026. The previous contract, from February 2023, was AED 48,400; the unit has been rented since February 2016.

How big is unit P07?

655 sqft (60.9 sqm): a studio of a 8-storey tower completed in 2014.

What is unit P07 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 P07, Bay Square 9

Starts from the last sale price (AED 840K, 3 January 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 →