1407, Bays Edge
Sold prices and rental history: sold twice, last in May 2022, 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 1407, Bays Edge
What is 1407 worth today?
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Source: Dubai Land Department. Updated 20 May 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,235 sqft
- Floor
- 14th of 22
- Parking
- P2-75
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.42M · May 2022
- Building
- Bays Edge
About 1407, Bays Edge
1407 is a three-bedroom hotel apartment of 2,235 sqft on the 14th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 20 May 2022 for AED 2,421,000, or AED 1,082 per sqft.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 110,000 a year: a gross yield of 4.5% on the 2022 price.
Sales and rents for 1407 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Bays Edge, and where 1407 sits
All 13 3-beds →1407's AED 110,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jul 20259 July 2025 | 2,261 sqft | 2,898,932 | 1,282 | ||
| 21 May 202421 May 2024 | 2,261 sqft | 3,400,000 | 1,504 | ||
| 6 Jul 20236 July 2023 | 1,720 sqft | 2,200,000 | 1,279 | ||
| 2 Jan 20232 January 2023 | 2,261 sqft | 2,920,000 | 1,291 |
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 14th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 845 sqft | AED 1.8MAED 1,799,300 · Mar 2014March 2014 | 75,000 /yr | |
| 1402 | Studio | 425 sqft | AED 776KAED 775,600 · Jul 2013July 2013 | 60,000 /yr | |
| 1403 | 1-bed | 855 sqft | AED 1.43MAED 1,432,200 · Jun 2013June 2013 | ||
| 1404 | 1-bed | 860 sqft | AED 1.74MAED 1,742,480 · Dec 2014December 2014 | ||
| 1405 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | ||
| 1406 | 3-bed | 2,261 sqft | AED 2.9MAED 2,898,932 · Jul 2025July 2025 | ||
| 1408 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jun 2013June 2013 | 133,250 /yr | |
| 1409 | 1-bed | 860 sqft | AED 1.44MAED 1,435,700 · Jul 2013July 2013 | 105,000 /yr | |
| 1410 | Studio | 426 sqft | AED 784KAED 784,000 · Jul 2013July 2013 | 53,000 /yr | |
| 1411 | Studio | 426 sqft | AED 784KAED 784,000 · Jul 2013July 2013 | 53,361 /yr | |
| 1412 | Studio | 425 sqft | AED 777KAED 777,000 · Jul 2013July 2013 | 67,000 /yr | |
| 1413 | 1-bed | 860 sqft | AED 1.5MAED 1,500,000 · Mar 2015March 2015 | 90,000 /yr |
1407, Bays Edge in numbers
- Sold twice: first on 12 September 2013 for AED 3,828,300, last on 20 May 2022 for AED 2,421,000 (AED 1,082 per sqft).
- Rented since November 2017 on 7 Ejari contracts, from AED 50,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 4.5%.
Source: Dubai Land Department. Updated 20 May 2022.
Questions about 1407, Bays Edge
What did unit 1407 last sell for?
AED 2,421,000 on 20 May 2022: AED 1,082 per sqft for 2,235 sqft. The unit has 2 registered sales; the first was AED 3,828,300 in September 2013.
What is the rent for unit 1407?
AED 110,000 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 110,000; the unit has been rented since November 2017.
How big is unit 1407?
2,235 sqft (207.6 sqm): a three-bedroom hotel apartment on the 14th floor of a 22-storey tower completed in 2016.
What is unit 1407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1407, Bays Edge
Starts from the last sale price (AED 2.42M, 20 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,421,000
- Deposit, UAE resident (20%)
- AED 484,200
- Deposit, non-resident (40%)
- AED 968,400
- Monthly over 25 years at 3.7%
- AED 9,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →