P12, 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 P12, Bay Square 9
What is P12 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 664 sqft
- Parking
- B2-768
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,600 /yr
- Last sold
- AED 866K · January 2024
- Building
- Bay Square 9
About P12, Bay Square 9
P12 is a studio of 664 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 866,453, or AED 1,304 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 7 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 73,500 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 14,600 a year.
Sales and rents for P12 over time
P12 has sold twice; the dashed line is the studio median of each year in the building.
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 P12 sits
All 112 studios →P12 last sold in January 2024 at AED 1,304 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. P12's AED 73,500 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 667 sqft | 935,000 | 1,402 | ||
| 31 Aug 202631 August 2026 | 705 sqft | 1,065,000 | 1,511 | ||
| 25 Jun 202625 June 2026 | 705 sqft | 1,035,000 | 1,468 | ||
| 26 Feb 202626 February 2026 | 664 sqft | 1,030,000 | 1,552 |
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%
P12, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 791,436, last on 23 January 2024 for AED 866,453 (AED 1,304 per sqft).
- Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2021 and recovered to AED 73,500 by October 2025.
- At AED 73,500 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 14,600 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 1 October 2025.
Questions about P12, Bay Square 9
What did unit P12 last sell for?
AED 866,453 on 23 January 2024: AED 1,304 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 791,436 in January 2015.
What is the rent for unit P12?
AED 73,500 a year on the contract renewed on 1 October 2025. The previous contract, from November 2022, was AED 47,300; the unit has been rented since February 2016.
How big is unit P12?
664 sqft (61.7 sqm): a studio of a 8-storey tower completed in 2014.
What is unit P12 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 P12, Bay Square 9
Starts from the last sale price (AED 866K, 23 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 866,453
- Deposit, UAE resident (20%)
- AED 173,291
- Deposit, non-resident (40%)
- AED 346,581
- Monthly over 25 years at 3.7%
- AED 3,545
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →