Studio · 426 sqftBays Edge, Business Bay · 10th floor · completed 2016

1011, Bays Edge

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1.05M25 July 2024
Current rentAED 55K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Bays Edge

What is 1011 worth today?

Last sold for AED 1,050,000 in 2024

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18 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
30 Jan 2025RentedNew contract
AED 73,000/yr12 months · AED 170 per sqft
25 Jul 2024SoldReady
AED 1,050,000AED 2,463 per sqft
30 Jan 2024RentedNew contract
AED 73,000/yr12 months · AED 170 per sqft
19 Dec 2023SoldReady
AED 825,000AED 1,935 per sqft
3 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
16 Jun 2019RentedNew contract
AED 65,000/yr13 months · AED 151 per sqft
26 Jun 2013Sold by developerOff-plan
AED 739,200AED 1,734 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
Studio hotel apartment
Size
426 sqft
Floor
10th of 22
Parking
P2-21
Developer
DAMAC
Completed
2016
Last sold
AED 1.05M · July 2024
Building
Bays Edge

About 1011, Bays Edge

1011 is a studio of 426 sqft on the 10th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 25 July 2024 for AED 1,050,000, or AED 2,463 per sqft, 27% above the AED 1,935 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 18 October 2026, is AED 55,000 a year: a gross yield of 5.2% on the 2024 price.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical studio in Bays Edge
750K1M2013201720212025Typical 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, June 2013: AED 739,200 (AED 1,734 per sqft)Sold, December 2023: AED 825,000 (AED 1,935 per sqft)Sold, July 2024: AED 1,050,000 (AED 2,463 per sqft)

1011 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1011, 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, June 2019: AED 65,000 a yearNew contract, July 2022: AED 55,000 a yearNew contract, January 2024: AED 73,000 a yearNew contract, January 2025: AED 73,000 a yearNew contract, October 2026: AED 55,000 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 1011 sits

All 70 studios →

1011 last sold in July 2024 at AED 2,463 per sqft, 27% above what studios in Bays Edge were fetching at the time (AED 1,935). 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. 1011's AED 55,000 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
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

1011, Bays Edge in numbers

  • Sold 3 times: first on 26 June 2013 for AED 739,200, last on 25 July 2024 for AED 1,050,000 (AED 2,463 per sqft).
  • Rented since June 2019 on 5 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 5.2%.
  • 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 18 October 2026.

Questions about 1011, Bays Edge

What did unit 1011 last sell for?

AED 1,050,000 on 25 July 2024: AED 2,463 per sqft for 426 sqft. The unit has 3 registered sales; the first was AED 739,200 in June 2013.

What is the rent for unit 1011?

AED 55,000 a year on the contract signed on 18 October 2026. The previous contract, from January 2025, was AED 73,000; the unit has been rented since June 2019.

How big is unit 1011?

426 sqft (39.6 sqm): a studio on the 10th floor of a 22-storey tower completed in 2016.

What is unit 1011 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 1011, Bays Edge

Starts from the last sale price (AED 1.05M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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