1012, Bays Edge
Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Bays Edge
What is 1012 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 10th of 22
- Parking
- P2-22
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 365K · March 2023
- Building
- Bays Edge
About 1012, Bays Edge
1012 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 6 March 2023 for AED 365,000, or AED 858 per sqft, 50% below the AED 1,701 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 August 2026, is AED 60,000 a year: a gross yield of 16.4% on the 2023 price.
Sales and rents for 1012 over time
1012 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1012 sits
All 70 studios →1012 last sold in March 2023 at AED 858 per sqft, 50% below what studios in Bays Edge were fetching at the time (AED 1,701). 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. 1012's AED 60,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 426 sqft | 1,044,480 | 2,451 | ||
| 18 Feb 202618 February 2026 | 426 sqft | 890,000 | 2,087 | ||
| 16 Feb 202616 February 2026 | 426 sqft | 850,000 | 1,994 | ||
| 8 Oct 20258 October 2025 | 425 sqft | 850,000 | 2,002 |
Bays Edge
Building253 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%
Other units on the 10th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 845 sqft | AED 1.52MAED 1,521,000 · Jun 2017June 2017 | 95,000 /yr | |
| 1002 | Studio | 425 sqft | AED 828KAED 828,410 · Sep 2014September 2014 | 57,000 /yr | |
| 1003 | 1-bed | 855 sqft | AED 1.5MAED 1,500,000 · Jun 2025June 2025 | 144,000 /yr | |
| 1004 | 1-bed | 860 sqft | AED 434KAED 434,000 · Nov 2025November 2025 | 66,150 /yr | |
| 1005 | 2-bed | 1,254 sqft | AED 710KAED 710,000 · Aug 2019August 2019 | 110,000 /yr | |
| 1006 | 1-bed | 437 sqft | AED 1.86MAED 1,857,480 · Mar 2014March 2014 | 80,000 /yr | |
| 1007 | 2-bed | 1,385 sqft | AED 1.5MAED 1,500,000 · Feb 2022February 2022 | 100,000 /yr | |
| 1008 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 140,000 /yr | |
| 1009 | 1-bed | 860 sqft | AED 895KAED 895,000 · Dec 2020December 2020 | 85,000 /yr | |
| 1010 | Studio | 426 sqft | AED 715KAED 715,000 · Jan 2022January 2022 | 60,000 /yr | |
| 1011 | Studio | 426 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 55,000 /yr | |
| 1013 | 1-bed | 860 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 88,000 /yr | |
| 1006A | 2-bed | 1,385 sqft | AED 2.86MAED 2,864,000 · Nov 2016November 2016 | ||
| 1007A | 1-bed | 847 sqft | AED 1.35MAED 1,350,000 · Mar 2025March 2025 | 109,000 /yr |
1012, Bays Edge in numbers
- Sold 3 times: first on 26 June 2013 for AED 732,900, last on 6 March 2023 for AED 365,000 (AED 858 per sqft).
- Rented since November 2017 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 39,000 in 2021 and recovered to AED 60,000 by August 2026.
- At AED 60,000 a year the gross yield on the 2023 price is 16.4%.
- 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 1 August 2026.
Questions about 1012, Bays Edge
What did unit 1012 last sell for?
AED 365,000 on 6 March 2023: AED 858 per sqft for 425 sqft. The unit has 3 registered sales; the first was AED 732,900 in June 2013.
What is the rent for unit 1012?
AED 60,000 a year on the contract signed on 1 August 2026. The previous contract, from December 2024, was AED 80,000; the unit has been rented since November 2017.
How big is unit 1012?
425 sqft (39.5 sqm): a studio on the 10th floor of a 22-storey tower completed in 2016.
What is unit 1012 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 1012, Bays Edge
Starts from the last sale price (AED 365K, 6 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 365,000
- Deposit, UAE resident (20%)
- AED 73,000
- Deposit, non-resident (40%)
- AED 146,000
- Monthly over 25 years at 3.7%
- AED 1,493
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →