2-bed · 1,254 sqftBays Edge, Business Bay · 14th floor · completed 2016

1408, Bays Edge

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 29 December 2025
Last soldAED 2.09M26 June 2013
Current rentAED 133K /yr29 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Bays Edge

What is 1408 worth today?

Last sold for AED 2,090,200 in 2013

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29 Dec 2025RentedNew contract
AED 133,250/yr12 months · AED 106 per sqft
29 Dec 2025RentedNew contract
AED 133,250/yr12 months · AED 106 per sqft
29 Dec 2024RentedRenewal
AED 133,250/yr12 months · AED 106 per sqft
29 Dec 2023RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
1 Nov 2022RentedRenewal
AED 105,000/yr12 months · AED 83 per sqft
1 Nov 2021RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
1 Nov 2020RentedNew contract
AED 80,000/yr12 months · AED 64 per sqft
20 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 29 December 2025.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
14th of 22
Parking
P2-76
Developer
DAMAC
Completed
2016
Last sold
AED 2.09M · June 2013
Building
Bays Edge

About 1408, Bays Edge

1408 is a two-bedroom hotel apartment of 1,254 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 26 June 2013 for AED 2,090,200, or AED 1,666 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 29 December 2025, is AED 133,250 a year: a gross yield of 6.4% on the 2013 price.

Sales and rents for 1408 over time

Sales
Unit 1408, 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, June 2013: AED 2,090,200 (AED 1,666 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, each contractTypical two-bed in Bays Edge
100K150K2017202020232026Typical 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, November 2017: AED 135,000 a yearNew contract, January 2019: AED 100,000 a yearNew contract, September 2019: AED 85,000 a yearNew contract, November 2020: AED 80,000 a yearNew contract, November 2021: AED 100,000 a yearRenewal, November 2022: AED 105,000 a yearNew contract, December 2023: AED 130,000 a yearRenewal, December 2024: AED 133,250 a yearNew contract, December 2025: AED 133,250 a yearNew contract, December 2025: AED 133,250 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 1408 sits

All 62 2-beds →

1408 last sold in June 2013 at AED 1,666 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,666). 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. 1408's AED 133,250 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 14th floor

All 253 units in Bays Edge
Value
14011-bedAED 1.8M · Mar 2014
1402StudioAED 776K · Jul 2013
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
1–7 of 12

1408, Bays Edge in numbers

  • Sold once: by DAMAC on 26 June 2013 for AED 2,090,200, or AED 1,666 per sqft.
  • Rented since November 2017 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 133,250 by December 2025.
  • At AED 133,250 a year the gross yield on the 2013 price is 6.4%.
  • 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 29 December 2025.

Questions about 1408, Bays Edge

What did unit 1408 last sell for?

AED 2,090,200 on 26 June 2013, sold by the developer: AED 1,666 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 133,250 a year on the contract signed on 29 December 2025. The previous contract, from December 2025, was AED 133,250; the unit has been rented since November 2017.

How big is unit 1408?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 14th floor of a 22-storey tower completed in 2016.

What is unit 1408 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 1408, Bays Edge

Starts from the last sale price (AED 2.09M, 26 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,200
Deposit, UAE resident (20%)
AED 418,040
Deposit, non-resident (40%)
AED 836,080
Monthly over 25 years at 3.7%
AED 8,552

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