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2-bed · 1,385 sqftBays Edge, Business Bay · 10th floor · completed 2016

1007, Bays Edge

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 1.5M17 February 2022
Current rentAED 100K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1007, Bays Edge

What is 1007 worth today?

Last sold for AED 1,500,000 in 2022

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17 Feb 2022SoldReady
AED 1,500,000AED 1,082 per sqft
10 Jul 2021RentedNew contract
AED 100,000/yr9 months · AED 72 per sqft
10 Jul 2020RentedNew contract
AED 85,000/yr12 months · AED 61 per sqft
10 Jul 2019RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft
10 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft
26 May 2017RentedNew contract
AED 132,200/yr12 months · AED 95 per sqft
26 Mar 2017RentedNew contract
AED 132,200/yr12 months · AED 95 per sqft
12 Sep 2013Sold by developerOff-plan
AED 2,506,000AED 1,808 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
2-bed hotel apartment
Size
1,385 sqft
Floor
10th of 22
Parking
P2-16
Developer
DAMAC
Completed
2016
Last sold
AED 1.5M · February 2022
Building
Bays Edge

About 1007, Bays Edge

1007 is a two-bedroom hotel apartment of 1,385 sqft on the 10th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 17 February 2022 for AED 1,500,000, or AED 1,082 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 10 July 2021, is AED 100,000 a year: a gross yield of 6.7% on the 2022 price.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Bays Edge
2M3M2013201720212025Typical sale price by year: 2013 AED 2,090,200; 2014 AED 2,562,200; 2016 AED 2,849,680; 2017 AED 2,771,000; 2019 AED 1,460,000; 2022 AED 1,450,000; 2023 AED 1,850,000; 2025 AED 1,909,500Sold by developer, September 2013: AED 2,506,000 (AED 1,808 per sqft)Sold, February 2022: AED 1,500,000 (AED 1,082 per sqft)

1007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Bays Edge
100K125K2017202020232026Typical rent by year: 2017 AED 132,200; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 134,125; 2025 AED 140,000; 2026 AED 130,000New contract, March 2017: AED 132,200 a yearNew contract, May 2017: AED 132,200 a yearNew contract, September 2018: AED 100,000 a yearNew contract, July 2019: AED 110,000 a yearNew contract, July 2020: AED 85,000 a yearNew contract, July 2021: AED 100,000 a year

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

2-beds in Bays Edge, and where 1007 sits

All 62 2-beds →

Over the last 12 months two-beds sold for AED 1,815,000, around AED 1,446 per sqft, and rent for AED 100,000 to 195,000 a year. 1007's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Mar 20261,815,000
11 Sep 20251,800,000
20 Jun 20251,800,000
21 Apr 20252,050,000
1 2-bed sale 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
1002StudioAED 828K · Sep 2014
10031-bedAED 1.5M · Jun 2025
10041-bedAED 434K · Nov 2025
10052-bedAED 710K · Aug 2019
10061-bedAED 1.86M · Mar 2014
10082-bedAED 2.09M · Jul 2013
1–7 of 14

1007, Bays Edge in numbers

  • Sold twice: first on 12 September 2013 for AED 2,506,000, last on 17 February 2022 for AED 1,500,000 (AED 1,082 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 132,200 to AED 85,000 in 2020 and recovered to AED 100,000 by July 2021.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.7%.
  • Two-beds in Bays Edge sold for AED 1,815,000–1,815,000 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 17 February 2022.

Questions about 1007, Bays Edge

What did unit 1007 last sell for?

AED 1,500,000 on 17 February 2022: AED 1,082 per sqft for 1,385 sqft. The unit has 2 registered sales; the first was AED 2,506,000 in September 2013.

What is the rent for unit 1007?

AED 100,000 a year on the contract signed on 10 July 2021. The previous contract, from July 2020, was AED 85,000; the unit has been rented since March 2017.

How big is unit 1007?

1,385 sqft (128.7 sqm): a two-bedroom hotel apartment on the 10th floor of a 22-storey tower completed in 2016.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bays Edge sold for AED 1,815,000 to 1,815,000 in the last 12 months, around AED 1,446 per sqft.

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Mortgage on 1007, Bays Edge

Starts from the last sale price (AED 1.5M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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