1503, 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 1503, Bays Edge
What is 1503 worth today?
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Source: Dubai Land Department. Updated 9 October 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 855 sqft
- Floor
- 15th of 22
- Parking
- P2-84
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.48M · July 2013
- Building
- Bays Edge
About 1503, Bays Edge
1503 is a one-bedroom hotel apartment of 855 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 29 July 2013 for AED 1,476,750, or AED 1,726 per sqft, in line with the AED 1,694 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 9 October 2026, is AED 80,000 a year: a gross yield of 5.4% on the 2013 price.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bays Edge, and where 1503 sits
All 108 1-beds →1503 last sold in July 2013 at AED 1,726 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,694). Over the last 12 months one-beds sold for AED 434,000 to 2,000,000, around AED 1,539 per sqft, and rent for AED 50,000 to 110,000 a year. 1503's AED 80,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202620 February 2026 | 855 sqft | 1,200,000 | 1,402 | ||
| 12 Jan 202612 January 2026 | 855 sqft | 2,000,000 | 2,338 | ||
| 6 Jan 20266 January 2026 | 845 sqft | 1,120,000 | 1,326 | ||
| 12 Dec 202512 December 2025 | 847 sqft | 1,420,000 | 1,676 |
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 | |
| 1502 | Studio | 425 sqft | AED 842KAED 841,700 · Jul 2013July 2013 | 55,000 /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 |
1503, Bays Edge in numbers
- Sold once: by DAMAC on 29 July 2013 for AED 1,476,750, or AED 1,726 per sqft.
- Rented since February 2017 on 9 Ejari contracts. The rent fell from AED 118,000 to AED 60,000 in 2021 and recovered to AED 80,000 by October 2026.
- At AED 80,000 a year the gross yield on the 2013 price is 5.4%.
- One-beds in Bays Edge sold for AED 434,000–2,000,000 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 9 October 2026.
Questions about 1503, Bays Edge
What did unit 1503 last sell for?
AED 1,476,750 on 29 July 2013, sold by the developer: AED 1,726 per sqft for 855 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 80,000 a year on the contract signed on 9 October 2026. The previous contract, from September 2025, was AED 95,000; the unit has been rented since February 2017.
How big is unit 1503?
855 sqft (79.4 sqm): a one-bedroom hotel apartment on the 15th floor of a 22-storey tower completed in 2016.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bays Edge sold for AED 434,000 to 2,000,000 in the last 12 months, around AED 1,539 per sqft.
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Mortgage on 1503, Bays Edge
Starts from the last sale price (AED 1.48M, 29 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,476,750
- Deposit, UAE resident (20%)
- AED 295,350
- Deposit, non-resident (40%)
- AED 590,700
- Monthly over 25 years at 3.7%
- AED 6,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →