1508, Bays Edge
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Bays Edge
What is 1508 worth today?
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Source: Dubai Land Department. Updated 30 November 2025.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,254 sqft
- Floor
- 15th of 22
- Parking
- P2-91
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.16M · July 2013
- Building
- Bays Edge
About 1508, Bays Edge
1508 is a two-bedroom hotel apartment of 1,254 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 2,155,300, or AED 1,718 per sqft, 3% above the AED 1,666 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 30 November 2025, is AED 135,000 a year: a gross yield of 6.3% on the 2013 price.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the two-bed median of each year in the building.
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 1508 sits
All 62 2-beds →1508 last sold in July 2013 at AED 1,718 per sqft, 3% above 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. 1508's AED 135,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 1,254 sqft | 1,815,000 | 1,446 | ||
| 11 Sep 202511 September 2025 | 1,385 sqft | 1,800,000 | 1,299 | ||
| 20 Jun 202520 June 2025 | 1,387 sqft | 1,800,000 | 1,297 | ||
| 21 Apr 202521 April 2025 | 1,254 sqft | 2,050,000 | 1,634 |
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 | |
| 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 | |
| 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 |
1508, Bays Edge in numbers
- Sold once: by DAMAC on 11 July 2013 for AED 2,155,300, or AED 1,718 per sqft.
- Rented since November 2019 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 90,000 in 2020 and recovered to AED 135,000 by November 2025.
- At AED 135,000 a year the gross yield on the 2013 price is 6.3%.
- 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 30 November 2025.
Questions about 1508, Bays Edge
What did unit 1508 last sell for?
AED 2,155,300 on 11 July 2013, sold by the developer: AED 1,718 per sqft for 1,254 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 135,000 a year on the contract renewed on 30 November 2025. The previous contract, from November 2024, was AED 135,000; the unit has been rented since November 2019.
How big is unit 1508?
1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 15th floor of a 22-storey tower completed in 2016.
What is unit 1508 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 1508, Bays Edge
Starts from the last sale price (AED 2.16M, 11 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,155,300
- Deposit, UAE resident (20%)
- AED 431,060
- Deposit, non-resident (40%)
- AED 862,120
- Monthly over 25 years at 3.7%
- AED 8,818
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →