2-bed · 1,385 sqftBays Edge, Business Bay · 15th floor · completed 2016

1507, Bays Edge

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 1.9M7 February 2023
Current rentAED 140K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Bays Edge

What is 1507 worth today?

Last sold for AED 1,900,000 in 2023

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25 Dec 2025RentedRenewal
AED 140,000/yr12 months · AED 101 per sqft
25 Dec 2024RentedRenewal
AED 140,000/yr12 months · AED 101 per sqft
25 Dec 2023RentedNew contract
AED 140,000/yr12 months · AED 101 per sqft
7 Feb 2023SoldReady
AED 1,900,000AED 1,371 per sqft
15 Dec 2021RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
15 Dec 2020RentedRenewal
AED 90,000/yr12 months · AED 65 per sqft
15 Dec 2019RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
15 Dec 2018RentedNew contract
AED 110,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
2-bed hotel apartment
Size
1,385 sqft
Floor
15th of 22
Parking
P2-89
Developer
DAMAC
Completed
2016
Last sold
AED 1.9M · February 2023
Building
Bays Edge

About 1507, Bays Edge

1507 is a two-bedroom hotel apartment of 1,385 sqft on the 15th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 7 February 2023 for AED 1,900,000, or AED 1,371 per sqft, 17% above the AED 1,169 two-beds 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 December 2025, is AED 140,000 a year: a gross yield of 7.4% on the 2023 price.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, September 2013: AED 2,362,800 (AED 1,705 per sqft)Sold, February 2023: AED 1,900,000 (AED 1,371 per sqft)

1507 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, 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, October 2017: AED 150,000 a yearNew contract, December 2018: AED 110,000 a yearRenewal, December 2019: AED 110,000 a yearRenewal, December 2020: AED 90,000 a yearRenewal, December 2021: AED 90,000 a yearNew contract, December 2023: AED 140,000 a yearRenewal, December 2024: AED 140,000 a yearRenewal, December 2025: AED 140,000 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 1507 sits

All 62 2-beds →

1507 last sold in February 2023 at AED 1,371 per sqft, 17% above what two-beds in Bays Edge were fetching at the time (AED 1,169). 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. 1507's AED 140,000 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 15th floor

All 253 units in Bays Edge
Value
15011-bedAED 1.81M · Mar 2014
1502StudioAED 842K · Jul 2013
15031-bedAED 1.48M · Jul 2013
15041-bedAED 1.52M · Jul 2013
15052-bedAED 2.16M · Jul 2013
15061-bedAED 1.5M · Aug 2013
15082-bedAED 2.16M · Jul 2013
1–7 of 14

1507, Bays Edge in numbers

  • Sold twice: first on 26 September 2013 for AED 2,362,800, last on 7 February 2023 for AED 1,900,000 (AED 1,371 per sqft).
  • Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2021 and recovered to AED 140,000 by December 2025.
  • At AED 140,000 a year the gross yield on the 2023 price is 7.4%.
  • 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 25 December 2025.

Questions about 1507, Bays Edge

What did unit 1507 last sell for?

AED 1,900,000 on 7 February 2023: AED 1,371 per sqft for 1,385 sqft. The unit has 2 registered sales; the first was AED 2,362,800 in September 2013.

What is the rent for unit 1507?

AED 140,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 140,000; the unit has been rented since October 2017.

How big is unit 1507?

1,385 sqft (128.7 sqm): a two-bedroom hotel apartment on the 15th floor of a 22-storey tower completed in 2016.

What is unit 1507 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 1507, Bays Edge

Starts from the last sale price (AED 1.9M, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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