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

P18, Bay Square 9

Sold prices and rental history: sold 3 times, last in June 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P18 · DLD and Ejari recordsUpdated 25 June 2026
Last soldAED 1.04M25 June 2026
Current rentAED 75K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P18, Bay Square 9

What is P18 worth today?

Last sold for AED 1,035,000 in 2026

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25 Jun 2026SoldReady
AED 1,035,000AED 1,468 per sqft
1 May 2024RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
14 Dec 2023SoldReady
AED 892,500AED 1,266 per sqft
1 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 60 per sqft
24 Apr 2020RentedRenewal
AED 54,000/yr6 months · AED 77 per sqft
24 Apr 2019RentedNew contract
AED 63,000/yr12 months · AED 89 per sqft
15 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
1 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type
Studio apartment
Size
705 sqft
Parking
B2-576
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.04M · June 2026
Building
Bay Square 9

About P18, Bay Square 9

P18 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 25 June 2026 for AED 1,035,000, or AED 1,468 per sqft, 6% below the AED 1,569 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 1 May 2024, is AED 75,000 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 15,500 a year.

Sales and rents for P18 over time

Sales
Unit P18, 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 855,318 (AED 1,213 per sqft)Sold, December 2023: AED 892,500 (AED 1,266 per sqft)Sold, June 2026: AED 1,035,000 (AED 1,468 per sqft)

P18 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit P18, 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 yearRenewal, February 2017: AED 75,000 a yearNew contract, February 2018: AED 75,000 a yearNew contract, April 2019: AED 63,000 a yearRenewal, April 2020: AED 54,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, May 2024: AED 75,000 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 P18 sits

All 112 studios →

P18 last sold in June 2026 at AED 1,468 per sqft, 6% below what studios in Bay Square 9 were fetching at the time (AED 1,569). 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. P18's AED 75,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026935,000
31 Aug 20261,065,000
26 Feb 20261,030,000
21 Nov 20251,050,000
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 →

P18, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 855,318, last on 25 June 2026 for AED 1,035,000 (AED 1,468 per sqft).
  • Rented since February 2016 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2021 and recovered to AED 75,000 by May 2024.
  • At AED 75,000 a year the gross yield on the 2026 price is 7.2%, 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 25 June 2026.

Questions about P18, Bay Square 9

What did unit P18 last sell for?

AED 1,035,000 on 25 June 2026: AED 1,468 per sqft for 705 sqft. The unit has 3 registered sales; the first was AED 855,318 in January 2015.

What is the rent for unit P18?

AED 75,000 a year on the contract signed on 1 May 2024. The previous contract, from October 2021, was AED 42,000; the unit has been rented since February 2016.

How big is unit P18?

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

What is unit P18 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 P18, Bay Square 9

Starts from the last sale price (AED 1.04M, 25 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,035,000
Deposit, UAE resident (20%)
AED 207,000
Deposit, non-resident (40%)
AED 414,000
Monthly over 25 years at 3.7%
AED 4,235

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