1-bed · 860 sqftBays Edge, Business Bay · 12th floor · completed 2016

1204, Bays Edge

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 2 August 2026
Last soldAED 1.55M11 June 2017
Current rentAED 74K /yr2 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Bays Edge

What is 1204 worth today?

Last sold for AED 1,549,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Aug 2026RentedNew contract
AED 74,000/yr12 months · AED 86 per sqft
27 Aug 2024RentedRenewal
AED 86,500/yr12 months · AED 100 per sqft
27 Aug 2023RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
15 Feb 2023RentedRenewal
AED 81,000/yr6 months · AED 95 per sqft
15 Feb 2022RentedRenewal
AED 81,000/yr12 months · AED 94 per sqft
15 Feb 2021RentedRenewal
AED 75,000/yr12 months · AED 87 per sqft
15 Feb 2020RentedRenewal
AED 83,000/yr12 months · AED 96 per sqft
15 Feb 2019RentedRenewal
AED 87,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 2 August 2026.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
12th of 22
Parking
P2-40
Developer
DAMAC
Completed
2016
Last sold
AED 1.55M · June 2017
Building
Bays Edge

About 1204, Bays Edge

1204 is a one-bedroom hotel apartment of 860 sqft on the 12th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 11 June 2017 for AED 1,549,000, or AED 1,800 per sqft, in line with the AED 1,801 one-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 2 August 2026, is AED 74,000 a year: a gross yield of 4.8% on the 2017 price.

Sales and rents for 1204 over time

Sales
Unit 1204, 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 2017: AED 1,549,000 (AED 1,800 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Bays Edge
60K80K100K2017202020232026Typical 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, February 2018: AED 93,000 a yearRenewal, February 2019: AED 87,000 a yearRenewal, February 2020: AED 83,000 a yearRenewal, February 2021: AED 75,000 a yearRenewal, February 2022: AED 81,000 a yearRenewal, February 2023: AED 81,000 a yearNew contract, August 2023: AED 85,000 a yearRenewal, August 2024: AED 86,500 a yearNew contract, August 2026: AED 74,000 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 1204 sits

All 108 1-beds →

1204 last sold in June 2017 at AED 1,800 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,801). 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. 1204's AED 74,000 is in the lower 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 12th floor

All 253 units in Bays Edge
Value
12011-bedAED 1.43M · Jul 2013
1202StudioAED 732K · Jul 2013
12031-bedAED 1.27M · Mar 2024
12052-bedAED 2.09M · Jul 2013
12061-bedAED 950K · Jul 2019
12073-bedAED 3.94M · Nov 2013
12082-bedAED 2.02M · Jan 2025
1–7 of 13

1204, Bays Edge in numbers

  • Sold once: by DAMAC on 11 June 2017 for AED 1,549,000, or AED 1,800 per sqft.
  • Rented since February 2018 on 9 Ejari contracts, from AED 93,000 to AED 74,000 a year.
  • At AED 74,000 a year the gross yield on the 2017 price is 4.8%.
  • 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 2 August 2026.

Questions about 1204, Bays Edge

What did unit 1204 last sell for?

AED 1,549,000 on 11 June 2017, sold by the developer: AED 1,800 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 74,000 a year on the contract signed on 2 August 2026. The previous contract, from August 2024, was AED 86,500; the unit has been rented since February 2018.

How big is unit 1204?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 12th floor of a 22-storey tower completed in 2016.

What is unit 1204 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.

Selling 1204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1204, Bays Edge

Starts from the last sale price (AED 1.55M, 11 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,549,000
Deposit, UAE resident (20%)
AED 309,800
Deposit, non-resident (40%)
AED 619,600
Monthly over 25 years at 3.7%
AED 6,337

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