
1308, Bays Edge
Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1308, Bays Edge
What is 1308 worth today?
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Source: Dubai Land Department. Updated 12 September 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,254 sqft
- Floor
- 13th of 22
- Parking
- P2-59
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.85M · September 2024
- Building
- Bays Edge
About 1308, Bays Edge
1308 is a two-bedroom hotel apartment of 1,254 sqft on the 13th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 12 September 2024 for AED 1,850,000, or AED 1,474 per sqft, in line with the AED 1,474 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 10 August 2022, is AED 110,000 a year: a gross yield of 5.9% on the 2024 price.
Sales and rents for 1308 over time
1308 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1308 sits
All 62 2-beds →1308 last sold in September 2024 at AED 1,474 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,474). 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. 1308's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 1,254 sqft | 1,815,000 | 1,446 | ||
| 11 Sep 202511 September 2025 | 1,385 sqft | 1,800,000 | 1,299 | ||
| 20 Jun 202520 June 2025 | 1,387 sqft | 1,800,000 | 1,297 | ||
| 21 Apr 202521 April 2025 | 1,254 sqft | 2,050,000 | 1,634 |
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 13th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 845 sqft | AED 1.23MAED 1,225,000 · May 2024May 2024 | 75,000 /yr | |
| 1302 | Studio | 425 sqft | AED 776KAED 775,600 · Jul 2013July 2013 | 70,000 /yr | |
| 1303 | 1-bed | 855 sqft | AED 2MAED 2,000,000 · Jan 2026January 2026 | 87,764 /yr | |
| 1304 | 1-bed | 860 sqft | AED 1.5MAED 1,500,000 · Sep 2024September 2024 | 80,000 /yr | |
| 1305 | 2-bed | 1,254 sqft | AED 1.82MAED 1,815,000 · Mar 2026March 2026 | 120,000 /yr | |
| 1306 | 3-bed | 2,261 sqft | AED 3.87MAED 3,871,000 · Jun 2013June 2013 | 200,000 /yr | |
| 1307 | 2-bed | 1,386 sqft | AED 1.5MAED 1,500,000 · Sep 2019September 2019 | 130,000 /yr | |
| 1309 | 1-bed | 860 sqft | AED 1.61MAED 1,611,000 · Dec 2013December 2013 | 90,000 /yr | |
| 1310 | Studio | 426 sqft | AED 885KAED 885,000 · Aug 2023August 2023 | 75,000 /yr | |
| 1311 | Studio | 426 sqft | AED 820KAED 820,000 · Aug 2017August 2017 | 54,574 /yr | |
| 1312 | Studio | 425 sqft | AED 1.12MAED 1,115,300 · Jun 2014June 2014 | 50,000 /yr | |
| 1313 | 1-bed | 860 sqft | AED 1.46MAED 1,456,000 · Jul 2013July 2013 | 105,000 /yr | |
| 1307A | 1-bed | 847 sqft | AED 1.53MAED 1,530,000 · Nov 2025November 2025 | 80,000 /yr |
1308, Bays Edge in numbers
- Sold 3 times: first on 11 July 2013 for AED 2,090,200, last on 12 September 2024 for AED 1,850,000 (AED 1,474 per sqft).
- Rented since March 2021 on 2 Ejari contracts, from AED 95,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 5.9%.
- 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 12 September 2024.
Questions about 1308, Bays Edge
What did unit 1308 last sell for?
AED 1,850,000 on 12 September 2024: AED 1,474 per sqft for 1,254 sqft. The unit has 3 registered sales; the first was AED 2,090,200 in July 2013.
What is the rent for unit 1308?
AED 110,000 a year on the contract signed on 10 August 2022. The previous contract, from March 2021, was AED 95,000.
How big is unit 1308?
1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 13th floor of a 22-storey tower completed in 2016.
What is unit 1308 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 1308, Bays Edge
Starts from the last sale price (AED 1.85M, 12 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →