1-bed · 860 sqftBays Edge, Business Bay · 15th floor · completed 2016

1509, Bays Edge

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 1.2M6 November 2023
Current rentAED 115K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Bays Edge

What is 1509 worth today?

Last sold for AED 1,200,000 in 2023

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15 Oct 2025RentedNew contract
AED 115,000/yr12 months · AED 134 per sqft
15 Aug 2024RentedNew contract
AED 105,000/yr12 months · AED 122 per sqft
15 Aug 2024RentedNew contract
AED 105,000/yr12 months · AED 122 per sqft
6 Nov 2023SoldReady
AED 1,200,000AED 1,395 per sqft
3 Jun 2022RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
6 May 2019RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
9 Dec 2018SoldReady
AED 587,500AED 683 per sqft
26 Sep 2013Sold by developerOff-plan
AED 1,435,200AED 1,668 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
15th of 22
Parking
P2-92
Developer
DAMAC
Completed
2016
Last sold
AED 1.2M · November 2023
Building
Bays Edge

About 1509, Bays Edge

1509 is a one-bedroom hotel apartment of 860 sqft on the 15th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 6 November 2023 for AED 1,200,000, or AED 1,395 per sqft, in line with the AED 1,379 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 October 2025, is AED 115,000 a year: a gross yield of 9.6% on the 2023 price.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical one-bed in Bays Edge
1M2M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,544,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000; 2026 AED 1,200,000Sold by developer, September 2013: AED 1,435,200 (AED 1,668 per sqft)Sold, December 2018: AED 587,500 (AED 683 per sqft)Sold, November 2023: AED 1,200,000 (AED 1,395 per sqft)

1509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, each contractTypical one-bed in Bays Edge
75K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 91,226; 2026 AED 80,000New contract, May 2019: AED 90,000 a yearNew contract, June 2022: AED 85,000 a yearNew contract, August 2024: AED 105,000 a yearNew contract, August 2024: AED 105,000 a yearNew contract, October 2025: AED 115,000 a year

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 1509 sits

All 108 1-beds →

1509 last sold in November 2023 at AED 1,395 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,379). 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. 1509's AED 115,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20261,200,000
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
6 1-bed sales 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
15072-bedAED 1.9M · Feb 2023
1–7 of 14

1509, Bays Edge in numbers

  • Sold 3 times: first on 26 September 2013 for AED 1,435,200, last on 6 November 2023 for AED 1,200,000 (AED 1,395 per sqft).
  • Rented since May 2019 on 5 Ejari contracts, from AED 90,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 9.6%.
  • 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 15 October 2025.

Questions about 1509, Bays Edge

What did unit 1509 last sell for?

AED 1,200,000 on 6 November 2023: AED 1,395 per sqft for 860 sqft. The unit has 3 registered sales; the first was AED 1,435,200 in September 2013.

What is the rent for unit 1509?

AED 115,000 a year on the contract signed on 15 October 2025. The previous contract, from August 2024, was AED 105,000; the unit has been rented since May 2019.

How big is unit 1509?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 15th floor of a 22-storey tower completed in 2016.

What is unit 1509 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 1509, Bays Edge

Starts from the last sale price (AED 1.2M, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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