P15, Bay Square 9
Sold prices and rental history: sold twice, last in March 2025, 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 P15, Bay Square 9
What is P15 worth today?
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Source: Dubai Land Department. Updated 11 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 814 sqft
- Parking
- B2-579
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 17,900 /yr
- Last sold
- AED 971K · March 2025
- Building
- Bay Square 9
About P15, Bay Square 9
P15 is a studio of 814 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 11 March 2025 for AED 971,250, or AED 1,193 per sqft, 9% below the AED 1,315 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 August 2023, is AED 48,640 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 17,900 a year.
Sales and rents for P15 over time
P15 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 P15 sits
All 112 studios →P15 last sold in March 2025 at AED 1,193 per sqft, 9% below what studios in Bay Square 9 were fetching at the time (AED 1,315). 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. P15's AED 48,640 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%
P15, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 979,535, last on 11 March 2025 for AED 971,250 (AED 1,193 per sqft).
- Rented since April 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2021 and recovered to AED 48,640 by August 2023.
- At AED 48,640 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 17,900 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 11 March 2025.
Questions about P15, Bay Square 9
What did unit P15 last sell for?
AED 971,250 on 11 March 2025: AED 1,193 per sqft for 814 sqft. The unit has 2 registered sales; the first was AED 979,535 in January 2015.
What is the rent for unit P15?
AED 48,640 a year on the contract signed on 15 August 2023. The previous contract, from August 2022, was AED 44,100; the unit has been rented since April 2016.
How big is unit P15?
814 sqft (75.6 sqm): a studio of a 8-storey tower completed in 2014.
What is unit P15 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 P15, Bay Square 9
Starts from the last sale price (AED 971K, 11 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 971,250
- Deposit, UAE resident (20%)
- AED 194,250
- Deposit, non-resident (40%)
- AED 388,500
- Monthly over 25 years at 3.7%
- AED 3,974
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →