2-bed · 1,254 sqftBays Edge, Business Bay · 10th floor · completed 2016

1008, Bays Edge

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 7 October 2025
Last soldAED 2.09M11 July 2013
Current rentAED 140K /yr7 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Bays Edge

What is 1008 worth today?

Last sold for AED 2,090,200 in 2013

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7 Oct 2025RentedNew contract
AED 140,000/yr12 months · AED 112 per sqft
1 Aug 2025RentedNew contract
AED 135,000/yr12 months · AED 108 per sqft
1 Aug 2025RentedNew contract
AED 135,000/yr12 months · AED 108 per sqft
21 Feb 2024RentedNew contract
AED 145,000/yr12 months · AED 115 per sqft
14 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 99 per sqft
14 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 76 per sqft
20 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 56 per sqft
27 Aug 2019RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 7 October 2025.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
10th of 22
Parking
P2-18
Developer
DAMAC
Completed
2016
Last sold
AED 2.09M · July 2013
Building
Bays Edge

About 1008, Bays Edge

1008 is a two-bedroom hotel apartment of 1,254 sqft on the 10th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 11 July 2013 for AED 2,090,200, or AED 1,666 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 7 October 2025, is AED 140,000 a year: a gross yield of 6.7% on the 2013 price.

Sales and rents for 1008 over time

Sales
Unit 1008, 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, July 2013: AED 2,090,200 (AED 1,666 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Bays Edge
100K150K2017202020232026Typical 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, May 2018: AED 120,000 a yearNew contract, August 2019: AED 100,000 a yearNew contract, August 2020: AED 70,000 a yearNew contract, September 2021: AED 95,000 a yearNew contract, October 2022: AED 125,000 a yearNew contract, February 2024: AED 145,000 a yearNew contract, August 2025: AED 135,000 a yearNew contract, August 2025: AED 135,000 a yearNew contract, October 2025: AED 140,000 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 1008 sits

All 62 2-beds →

1008 last sold in July 2013 at AED 1,666 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,666). 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. 1008's AED 140,000 is in the lower half 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
10072-bedAED 1.5M · Feb 2022
1–7 of 14

1008, Bays Edge in numbers

  • Sold once: by DAMAC on 11 July 2013 for AED 2,090,200, or AED 1,666 per sqft.
  • Rented since May 2018 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2020 and recovered to AED 140,000 by October 2025.
  • At AED 140,000 a year the gross yield on the 2013 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 7 October 2025.

Questions about 1008, Bays Edge

What did unit 1008 last sell for?

AED 2,090,200 on 11 July 2013, sold by the developer: AED 1,666 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 140,000 a year on the contract signed on 7 October 2025. The previous contract, from August 2025, was AED 135,000; the unit has been rented since May 2018.

How big is unit 1008?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 10th floor of a 22-storey tower completed in 2016.

What is unit 1008 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 1008, Bays Edge

Starts from the last sale price (AED 2.09M, 11 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,200
Deposit, UAE resident (20%)
AED 418,040
Deposit, non-resident (40%)
AED 836,080
Monthly over 25 years at 3.7%
AED 8,552

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