Studio · 425 sqftBays Edge, Business Bay · 15th floor · completed 2016

1512, Bays Edge

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1512 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 844K31 October 2013
Current rentAED 65K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1512, Bays Edge

What is 1512 worth today?

Last sold for AED 844,200 in 2013

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1 Jun 2026RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
5 May 2025RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
5 May 2025RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
20 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
25 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 167 per sqft
15 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 107 per sqft
13 Nov 2019RentedRenewal
AED 60,000/yr12 months · AED 143 per sqft
13 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio hotel apartment
Size
425 sqft
Floor
15th of 22
Parking
P2-95
Developer
DAMAC
Completed
2016
Last sold
AED 844K · October 2013
Building
Bays Edge

About 1512, Bays Edge

1512 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 31 October 2013 for AED 844,200, or AED 1,986 per sqft, 9% above the AED 1,827 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 1 June 2026, is AED 65,000 a year: a gross yield of 7.7% on the 2013 price.

Sales and rents for 1512 over time

Sales
Unit 1512, each saleTypical studio in Bays Edge
600K800K2013201720212025Typical sale price by year: 2013 AED 784,000; 2014 AED 851,200; 2016 AED 792,500; 2017 AED 830,000; 2018 AED 655,000; 2019 AED 667,500; 2021 AED 590,000; 2022 AED 715,000; 2023 AED 735,000; 2024 AED 870,000; 2025 AED 850,000; 2026 AED 890,000Sold by developer, October 2013: AED 844,200 (AED 1,986 per sqft)

1512 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1512, each contractTypical studio in Bays Edge
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 54,500; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 64,000; 2025 AED 65,000; 2026 AED 56,015New contract, February 2018: AED 70,000 a yearNew contract, November 2018: AED 65,000 a yearRenewal, November 2019: AED 60,000 a yearNew contract, August 2021: AED 45,000 a yearNew contract, October 2023: AED 70,000 a yearNew contract, January 2024: AED 70,000 a yearNew contract, May 2025: AED 65,000 a yearNew contract, May 2025: AED 65,000 a yearNew contract, June 2026: AED 65,000 a year

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 1512 sits

All 70 studios →

1512 last sold in October 2013 at AED 1,986 per sqft, 9% above what studios in Bays Edge were fetching at the time (AED 1,827). 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. 1512's AED 65,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jul 20261,044,480
18 Feb 2026890,000
16 Feb 2026850,000
8 Oct 2025850,000
3 studio 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

1512, Bays Edge in numbers

  • Sold once: by DAMAC on 31 October 2013 for AED 844,200, or AED 1,986 per sqft.
  • Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 65,000 by June 2026.
  • At AED 65,000 a year the gross yield on the 2013 price is 7.7%.
  • 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 1 June 2026.

Questions about 1512, Bays Edge

What did unit 1512 last sell for?

AED 844,200 on 31 October 2013, sold by the developer: AED 1,986 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 1512?

AED 65,000 a year on the contract signed on 1 June 2026. The previous contract, from May 2025, was AED 65,000; the unit has been rented since February 2018.

How big is unit 1512?

425 sqft (39.5 sqm): a studio on the 15th floor of a 22-storey tower completed in 2016.

What is unit 1512 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 1512, Bays Edge

Starts from the last sale price (AED 844K, 31 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 844,200
Deposit, UAE resident (20%)
AED 168,840
Deposit, non-resident (40%)
AED 337,680
Monthly over 25 years at 3.7%
AED 3,454

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