Studio · 425 sqftBays Edge, Business Bay · 14th floor · completed 2016

1402, Bays Edge

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 776K11 July 2013
Current rentAED 60K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Bays Edge

What is 1402 worth today?

Last sold for AED 775,600 in 2013

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1 Jan 2026RentedRenewal
AED 60,000/yr12 months · AED 143 per sqft
1 Jan 2025RentedRenewal
AED 50,094/yr12 months · AED 119 per sqft
1 Jan 2025RentedRenewal
AED 50,094/yr12 months · AED 119 per sqft
1 Jan 2024RentedRenewal
AED 45,540/yr12 months · AED 108 per sqft
1 Jan 2023RentedRenewal
AED 41,400/yr12 months · AED 99 per sqft
1 Jan 2022RentedRenewal
AED 35,000/yr12 months · AED 83 per sqft
1 Jan 2021RentedNew contract
AED 35,000/yr12 months · AED 83 per sqft
12 Jan 2019RentedNew contract
AED 58,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio hotel apartment
Size
425 sqft
Floor
14th of 22
Parking
P2-66
Developer
DAMAC
Completed
2016
Last sold
AED 776K · July 2013
Building
Bays Edge

About 1402, Bays Edge

1402 is a studio of 425 sqft on the 14th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 11 July 2013 for AED 775,600, or AED 1,826 per sqft, 5% above the AED 1,734 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 60,000 a year: a gross yield of 7.7% on the 2013 price.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical studio in Bays Edge
600K800K2013201720212025Typical 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, July 2013: AED 775,600 (AED 1,826 per sqft)

1402 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, 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, January 2019: AED 58,000 a yearNew contract, January 2021: AED 35,000 a yearRenewal, January 2022: AED 35,000 a yearRenewal, January 2023: AED 41,400 a yearRenewal, January 2024: AED 45,540 a yearRenewal, January 2025: AED 50,094 a yearRenewal, January 2025: AED 50,094 a yearRenewal, January 2026: AED 60,000 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 1402 sits

All 70 studios →

1402 last sold in July 2013 at AED 1,826 per sqft, 5% above what studios in Bays Edge were fetching at the time (AED 1,734). 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. 1402's AED 60,000 is in the upper 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 14th floor

All 253 units in Bays Edge
Value
14011-bedAED 1.8M · Mar 2014
14031-bedAED 1.43M · Jun 2013
14041-bedAED 1.74M · Dec 2014
14052-bedAED 2.09M · Jul 2013
14063-bedAED 2.9M · Jul 2025
14073-bedAED 2.42M · May 2022
14082-bedAED 2.09M · Jun 2013
1–7 of 12

1402, Bays Edge in numbers

  • Sold once: by DAMAC on 11 July 2013 for AED 775,600, or AED 1,826 per sqft.
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 35,000 in 2022 and recovered to AED 60,000 by January 2026.
  • At AED 60,000 a year the gross yield on the 2013 price is 7.7%.
  • 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 January 2026.

Questions about 1402, Bays Edge

What did unit 1402 last sell for?

AED 775,600 on 11 July 2013, sold by the developer: AED 1,826 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 60,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 50,094; the unit has been rented since January 2019.

How big is unit 1402?

425 sqft (39.5 sqm): a studio on the 14th floor of a 22-storey tower completed in 2016.

What is unit 1402 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 1402, Bays Edge

Starts from the last sale price (AED 776K, 11 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 775,600
Deposit, UAE resident (20%)
AED 155,120
Deposit, non-resident (40%)
AED 310,240
Monthly over 25 years at 3.7%
AED 3,173

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