1502, Bays Edge
Sold prices and rental history: sold once, by the developer in July 2013, 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 1502, Bays Edge
What is 1502 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 15th of 22
- Parking
- P2-83
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 842K · July 2013
- Building
- Bays Edge
About 1502, Bays Edge
1502 is a studio of 425 sqft on the 15th 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 841,700, or AED 1,982 per sqft, 14% above the AED 1,734 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 55,000 a year: a gross yield of 6.5% on the 2013 price.
Sales and rents for 1502 over time
1502 has sold once; the dashed line is the studio median of each year in the building.
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 1502 sits
All 70 studios →1502 last sold in July 2013 at AED 1,982 per sqft, 14% 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. 1502's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 426 sqft | 1,044,480 | 2,451 | ||
| 18 Feb 202618 February 2026 | 426 sqft | 890,000 | 2,087 | ||
| 16 Feb 202616 February 2026 | 426 sqft | 850,000 | 1,994 | ||
| 8 Oct 20258 October 2025 | 425 sqft | 850,000 | 2,002 |
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 15th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 422 sqft | AED 1.81MAED 1,808,800 · Mar 2014March 2014 | 82,000 /yr | |
| 1503 | 1-bed | 855 sqft | AED 1.48MAED 1,476,750 · Jul 2013July 2013 | 80,000 /yr | |
| 1504 | 1-bed | 860 sqft | AED 1.52MAED 1,521,500 · Jul 2013July 2013 | 90,000 /yr | |
| 1505 | 2-bed | 1,254 sqft | AED 2.16MAED 2,155,300 · Jul 2013July 2013 | 110,000 /yr | |
| 1506 | 1-bed | 874 sqft | AED 1.5MAED 1,500,000 · Aug 2013August 2013 | 80,000 /yr | |
| 1507 | 2-bed | 1,385 sqft | AED 1.9MAED 1,900,000 · Feb 2023February 2023 | 140,000 /yr | |
| 1508 | 2-bed | 1,254 sqft | AED 2.16MAED 2,155,300 · Jul 2013July 2013 | 135,000 /yr | |
| 1509 | 1-bed | 860 sqft | AED 1.2MAED 1,200,000 · Nov 2023November 2023 | 115,000 /yr | |
| 1510 | Studio | 426 sqft | AED 780KAED 780,000 · Apr 2024April 2024 | 52,000 /yr | |
| 1511 | Studio | 426 sqft | AED 851KAED 851,200 · Jul 2013July 2013 | 54,000 /yr | |
| 1512 | Studio | 425 sqft | AED 844KAED 844,200 · Oct 2013October 2013 | 65,000 /yr | |
| 1513 | 1-bed | 860 sqft | AED 1.5MAED 1,500,000 · Mar 2018March 2018 | 79,500 /yr | |
| 1506A | 2-bed | 1,385 sqft | AED 3.1MAED 3,100,000 · Feb 2025February 2025 | ||
| 1507A | 1-bed | 847 sqft | AED 1.87MAED 1,870,550 · Mar 2014March 2014 | 90,000 /yr |
1502, Bays Edge in numbers
- Sold once: by DAMAC on 11 July 2013 for AED 841,700, or AED 1,982 per sqft.
- Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 55,000 by October 2025.
- At AED 55,000 a year the gross yield on the 2013 price is 6.5%.
- 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 25 October 2025.
Questions about 1502, Bays Edge
What did unit 1502 last sell for?
AED 841,700 on 11 July 2013, sold by the developer: AED 1,982 per sqft for 425 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 55,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 52,080; the unit has been rented since June 2017.
How big is unit 1502?
425 sqft (39.5 sqm): a studio on the 15th floor of a 22-storey tower completed in 2016.
What is unit 1502 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 1502, Bays Edge
Starts from the last sale price (AED 842K, 11 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 841,700
- Deposit, UAE resident (20%)
- AED 168,340
- Deposit, non-resident (40%)
- AED 336,680
- Monthly over 25 years at 3.7%
- AED 3,444
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →