Studio · 705 sqftBay Square 9, Business Bay · completed 2014

P17, Bay Square 9

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P17 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 937K19 March 2024
Current rentAED 68K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P17, Bay Square 9

What is P17 worth today?

Last sold for AED 937,125 in 2024

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15 Sep 2026RentedNew contract
AED 68,000/yr12 months · AED 96 per sqft
15 Sep 2025RentedRenewal
AED 74,000/yr12 months · AED 106 per sqft
15 Sep 2025RentedRenewal
AED 74,000/yr12 months · AED 106 per sqft
15 Aug 2024RentedNew contract
AED 72,000/yr13 months · AED 101 per sqft
19 Mar 2024SoldReady
AED 937,125AED 1,329 per sqft
1 Nov 2023RentedNew contract
AED 49,499/yr6 months · AED 70 per sqft
1 Nov 2022RentedNew contract
AED 47,250/yr12 months · AED 67 per sqft
1 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
Studio apartment
Size
705 sqft
Parking
B2-577
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 937K · March 2024
Building
Bay Square 9

About P17, Bay Square 9

P17 is a studio of 705 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 19 March 2024 for AED 937,125, or AED 1,329 per sqft, 4% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, signed on 15 September 2026, is AED 68,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for P17 over time

Sales
Unit P17, 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 867,148 (AED 1,229 per sqft)Sold, March 2024: AED 937,125 (AED 1,329 per sqft)

P17 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P17, 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 75,000 a yearNew contract, April 2017: AED 80,000 a yearNew contract, September 2018: AED 60,000 a yearNew contract, November 2019: AED 60,000 a yearRenewal, November 2020: AED 43,000 a yearRenewal, November 2021: AED 45,000 a yearNew contract, November 2022: AED 47,250 a yearNew contract, November 2023: AED 49,499 a yearNew contract, August 2024: AED 72,000 a yearRenewal, September 2025: AED 74,000 a yearRenewal, September 2025: AED 74,000 a yearNew contract, September 2026: AED 68,000 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 P17 sits

All 112 studios →

P17 last sold in March 2024 at AED 1,329 per sqft, 4% above 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. P17's AED 68,000 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 →

P17, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 867,148, last on 19 March 2024 for AED 937,125 (AED 1,329 per sqft).
  • Rented since February 2016 on 12 Ejari contracts. The rent fell from AED 75,000 to AED 43,000 in 2020 and recovered to AED 68,000 by September 2026.
  • At AED 68,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 15,500 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 15 September 2026.

Questions about P17, Bay Square 9

What did unit P17 last sell for?

AED 937,125 on 19 March 2024: AED 1,329 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 867,148 in January 2015.

What is the rent for unit P17?

AED 68,000 a year on the contract signed on 15 September 2026. The previous contract, from September 2025, was AED 74,000; the unit has been rented since February 2016.

How big is unit P17?

705 sqft (65.5 sqm): a studio of a 8-storey tower completed in 2014.

What is unit P17 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 P17, Bay Square 9

Starts from the last sale price (AED 937K, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 937,125
Deposit, UAE resident (20%)
AED 187,425
Deposit, non-resident (40%)
AED 374,850
Monthly over 25 years at 3.7%
AED 3,834

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