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2-bed · 1,386 sqftBays Edge, Business Bay · 13th floor · completed 2016

1307, Bays Edge

Sold prices and rental history: sold twice, last in September 2019, and rented once, from October 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 18 September 2019
Last soldAED 1.5M18 September 2019
Current rentAED 130K /yr22 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1307, Bays Edge

What is 1307 worth today?

Last sold for AED 1,500,000 in 2019

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18 Sep 2019SoldReady
AED 1,500,000AED 1,081 per sqft
22 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
12 Sep 2013Sold by developerOff-plan
AED 2,506,000AED 1,807 per sqft

Source: Dubai Land Department. Updated 18 September 2019.

Key facts

Type
2-bed hotel apartment
Size
1,386 sqft
Floor
13th of 22
Parking
P2-57
Developer
DAMAC
Completed
2016
Last sold
AED 1.5M · September 2019
Building
Bays Edge

About 1307, Bays Edge

1307 is a two-bedroom hotel apartment of 1,386 sqft on the 13th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 18 September 2019 for AED 1,500,000, or AED 1,081 per sqft, in line with the AED 1,081 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 October 2017. The current contract, signed on 22 October 2017, is AED 130,000 a year: a gross yield of 8.7% on the 2019 price.

Sales and rents for 1307 over time

Sales
Unit 1307, 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, September 2013: AED 2,506,000 (AED 1,807 per sqft)Sold, September 2019: AED 1,500,000 (AED 1,081 per sqft)

1307 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1307, each contractTypical two-bed in Bays Edge
100K125K2017202020232026Typical 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, October 2017: AED 130,000 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 1307 sits

All 62 2-beds →

1307 last sold in September 2019 at AED 1,081 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,081). 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. 1307's AED 130,000 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 13th floor

All 253 units in Bays Edge
Value
13011-bedAED 1.23M · May 2024
1302StudioAED 776K · Jul 2013
13031-bedAED 2M · Jan 2026
13041-bedAED 1.5M · Sep 2024
13052-bedAED 1.82M · Mar 2026
13063-bedAED 3.87M · Jun 2013
13082-bedAED 1.85M · Sep 2024
1–7 of 13

1307, Bays Edge in numbers

  • Sold twice: first on 12 September 2013 for AED 2,506,000, last on 18 September 2019 for AED 1,500,000 (AED 1,081 per sqft).
  • Rented since October 2017 on one Ejari contract, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2019 price is 8.7%.
  • 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 18 September 2019.

Questions about 1307, Bays Edge

What did unit 1307 last sell for?

AED 1,500,000 on 18 September 2019: AED 1,081 per sqft for 1,386 sqft. The unit has 2 registered sales; the first was AED 2,506,000 in September 2013.

What is the rent for unit 1307?

AED 130,000 a year on the contract signed on 22 October 2017.

How big is unit 1307?

1,386 sqft (128.8 sqm): a two-bedroom hotel apartment on the 13th floor of a 22-storey tower completed in 2016.

What is unit 1307 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 1307, Bays Edge

Starts from the last sale price (AED 1.5M, 18 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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