Studio · 425 sqftBays Edge, Business Bay · 10th floor · completed 2016

1002, Bays Edge

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 828K24 September 2014
Current rentAED 57K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Bays Edge

What is 1002 worth today?

Last sold for AED 828,410 in 2014

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2 Oct 2026RentedNew contract
AED 57,000/yr12 months · AED 136 per sqft
6 Oct 2025RentedNew contract
AED 65,730/yr12 months · AED 157 per sqft
3 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
3 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
24 Oct 2022RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
15 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 106 per sqft
25 Oct 2020RentedRenewal
AED 48,000/yr6 months · AED 113 per sqft
25 Oct 2019RentedNew contract
AED 52,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
Studio hotel apartment
Size
425 sqft
Floor
10th of 22
Parking
P2-10
Developer
DAMAC
Completed
2016
Last sold
AED 828K · September 2014
Building
Bays Edge

About 1002, Bays Edge

1002 is a studio of 425 sqft on the 10th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 24 September 2014 for AED 828,410, or AED 1,951 per sqft, in line with the AED 1,986 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 2 October 2026, is AED 57,000 a year: a gross yield of 6.9% on the 2014 price.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical studio in Bays Edge
600K800K2013201720212025Typical sale price by year: 2013 AED 784,000; 2014 AED 851,200; 2016 AED 792,500; 2017 AED 830,000; 2018 AED 655,000; 2019 AED 667,500; 2021 AED 590,000; 2022 AED 715,000; 2023 AED 735,000; 2024 AED 870,000; 2025 AED 850,000; 2026 AED 890,000Sold by developer, July 2013: AED 731,500 (AED 1,723 per sqft)Sold, September 2014: AED 828,410 (AED 1,951 per sqft)

1002 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1002, each contractTypical studio in Bays Edge
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 54,500; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 64,000; 2025 AED 65,000; 2026 AED 56,015New contract, April 2018: AED 60,000 a yearNew contract, October 2019: AED 52,000 a yearRenewal, October 2020: AED 48,000 a yearNew contract, October 2021: AED 45,000 a yearNew contract, October 2022: AED 55,000 a yearNew contract, March 2025: AED 70,000 a yearNew contract, March 2025: AED 70,000 a yearNew contract, October 2025: AED 65,730 a yearNew contract, October 2026: AED 57,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Bays Edge, and where 1002 sits

All 70 studios →

1002 last sold in September 2014 at AED 1,951 per sqft, in line with what studios in Bays Edge were fetching at the time (AED 1,986). Over the last 12 months studios sold for AED 850,000 to 1,044,480, around AED 2,087 per sqft, and rent for AED 40,000 to 80,000 a year. 1002's AED 57,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jul 20261,044,480
18 Feb 2026890,000
16 Feb 2026850,000
8 Oct 2025850,000
3 studio sales in the last 12 months

Bays Edge

Building

253 apartments, studios to 3-bed over 22 floors in Business Bay, completed in 2016 by DAMAC. 10 sold in the last 12 months.

Typical price per sqft
AED 1,711 Up 2.3%
Typical sale
AED 1.16M
Typical rent
AED 80K /yr
Typical yield
6.5%
Bays Edge, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 253 units in Bays Edge
Value
10011-bedAED 1.52M · Jun 2017
10031-bedAED 1.5M · Jun 2025
10041-bedAED 434K · Nov 2025
10052-bedAED 710K · Aug 2019
10061-bedAED 1.86M · Mar 2014
10072-bedAED 1.5M · Feb 2022
10082-bedAED 2.09M · Jul 2013
1–7 of 14

1002, Bays Edge in numbers

  • Sold twice: first on 11 July 2013 for AED 731,500, last on 24 September 2014 for AED 828,410 (AED 1,951 per sqft).
  • Rented since April 2018 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 57,000 by October 2026.
  • At AED 57,000 a year the gross yield on the 2014 price is 6.9%.
  • Studios in Bays Edge sold for AED 850,000–1,044,480 in the 12 months to November 2026; the building's median across all types is AED 1,711 per sqft.

Source: Dubai Land Department. Updated 2 October 2026.

Questions about 1002, Bays Edge

What did unit 1002 last sell for?

AED 828,410 on 24 September 2014: AED 1,951 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 731,500 in July 2013.

What is the rent for unit 1002?

AED 57,000 a year on the contract signed on 2 October 2026. The previous contract, from October 2025, was AED 65,730; the unit has been rented since April 2018.

How big is unit 1002?

425 sqft (39.5 sqm): a studio on the 10th floor of a 22-storey tower completed in 2016.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bays Edge sold for AED 850,000 to 1,044,480 in the last 12 months, around AED 2,087 per sqft.

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Mortgage on 1002, Bays Edge

Starts from the last sale price (AED 828K, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 828,410
Deposit, UAE resident (20%)
AED 165,682
Deposit, non-resident (40%)
AED 331,364
Monthly over 25 years at 3.7%
AED 3,389

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