1-bed · 860 sqftBays Edge, Business Bay · 10th floor · completed 2016

1009, Bays Edge

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 27 December 2020
Last soldAED 895K27 December 2020
Current rentAED 85K /yr1 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Bays Edge

What is 1009 worth today?

Last sold for AED 895,000 in 2020

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27 Dec 2020SoldReady
AED 895,000AED 1,040 per sqft
1 May 2019RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
25 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
1 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
1 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 174 per sqft
26 Jun 2013Sold by developerOff-plan
AED 1,435,700AED 1,669 per sqft

Source: Dubai Land Department. Updated 27 December 2020.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
10th of 22
Parking
P2-19
Developer
DAMAC
Completed
2016
Last sold
AED 895K · December 2020
Building
Bays Edge

About 1009, Bays Edge

1009 is a one-bedroom hotel apartment of 860 sqft on the 10th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 27 December 2020 for AED 895,000, or AED 1,040 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 May 2019, is AED 85,000 a year: a gross yield of 9.5% on the 2020 price.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical one-bed in Bays Edge
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,544,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000; 2026 AED 1,200,000Sold by developer, June 2013: AED 1,435,700 (AED 1,669 per sqft)Sold, December 2020: AED 895,000 (AED 1,040 per sqft)

1009 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, each contractTypical one-bed in Bays Edge
50K100K150K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 91,226; 2026 AED 80,000New contract, September 2017: AED 150,000 a yearNew contract, November 2017: AED 90,000 a yearNew contract, April 2018: AED 95,000 a yearNew contract, May 2019: AED 85,000 a year

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

1-beds in Bays Edge, and where 1009 sits

All 108 1-beds →

Over the last 12 months one-beds sold for AED 434,000 to 2,000,000, around AED 1,539 per sqft, and rent for AED 50,000 to 110,000 a year. 1009's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20261,200,000
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
6 1-bed 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
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

1009, Bays Edge in numbers

  • Sold twice: first on 26 June 2013 for AED 1,435,700, last on 27 December 2020 for AED 895,000 (AED 1,040 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 150,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2020 price is 9.5%.
  • One-beds in Bays Edge sold for AED 434,000–2,000,000 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 27 December 2020.

Questions about 1009, Bays Edge

What did unit 1009 last sell for?

AED 895,000 on 27 December 2020: AED 1,040 per sqft for 860 sqft. The unit has 2 registered sales; the first was AED 1,435,700 in June 2013.

What is the rent for unit 1009?

AED 85,000 a year on the contract signed on 1 May 2019. The previous contract, from April 2018, was AED 95,000; the unit has been rented since September 2017.

How big is unit 1009?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 10th floor of a 22-storey tower completed in 2016.

What is unit 1009 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bays Edge sold for AED 434,000 to 2,000,000 in the last 12 months, around AED 1,539 per sqft.

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Mortgage on 1009, Bays Edge

Starts from the last sale price (AED 895K, 27 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 895,000
Deposit, UAE resident (20%)
AED 179,000
Deposit, non-resident (40%)
AED 358,000
Monthly over 25 years at 3.7%
AED 3,662

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