1701, Bays Edge
Sold prices and rental history: sold once, by the developer in April 2014, 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 1701, Bays Edge
What is 1701 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 845 sqft
- Floor
- 17th of 22
- Parking
- P3-18
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.81M · April 2014
- Building
- Bays Edge
About 1701, Bays Edge
1701 is a one-bedroom hotel apartment of 845 sqft on the 17th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 20 April 2014 for AED 1,808,800, or AED 2,141 per sqft, 21% above the AED 1,768 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 82,500 a year: a gross yield of 4.6% on the 2014 price.
Sales and rents for 1701 over time
1701 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 1701 sits
All 108 1-beds →1701 last sold in April 2014 at AED 2,141 per sqft, 21% above what one-beds in Bays Edge were fetching at the time (AED 1,768). 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. 1701's AED 82,500 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 17th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | Studio | 425 sqft | AED 815KAED 815,000 · May 2017May 2017 | 56,849 /yr | |
| 1703 | 1-bed | 855 sqft | AED 1.75MAED 1,751,680 · Apr 2014April 2014 | 73,750 /yr | |
| 1704 | 1-bed | 860 sqft | AED 1.48MAED 1,476,750 · Apr 2014April 2014 | 87,318 /yr | |
| 1705 | 2-bed | 1,254 sqft | AED 2.96MAED 2,964,950 · Oct 2014October 2014 | 145,000 /yr | |
| 1706 | 3-bed | 2,261 sqft | AED 3.99MAED 3,988,200 · Dec 2013December 2013 | 205,000 /yr | |
| 1707 | 3-bed | 2,235 sqft | AED 4MAED 4,000,000 · Oct 2013October 2013 | 190,000 /yr | |
| 1708 | 2-bed | 1,254 sqft | AED 2.55MAED 2,554,840 · Mar 2014March 2014 | 140,000 /yr | |
| 1709 | 1-bed | 860 sqft | AED 1.48MAED 1,480,050 · Dec 2014December 2014 | 90,000 /yr | |
| 1710 | Studio | 426 sqft | AED 829KAED 828,800 · Sep 2013September 2013 | 60,000 /yr | |
| 1711 | Studio | 426 sqft | AED 829KAED 828,800 · Sep 2013September 2013 | 51,600 /yr | |
| 1712 | Studio | 425 sqft | AED 800KAED 800,000 · Jan 2023January 2023 | 49,000 /yr | |
| 1713 | 1-bed | 860 sqft | AED 2.16MAED 2,157,450 · Oct 2014October 2014 | 95,000 /yr |
1701, Bays Edge in numbers
- Sold once: by DAMAC on 20 April 2014 for AED 1,808,800, or AED 2,141 per sqft.
- Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 62,500 in 2021 and recovered to AED 82,500 by November 2023.
- At AED 82,500 a year the gross yield on the 2014 price is 4.6%.
- 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 10 November 2023.
Questions about 1701, Bays Edge
What did unit 1701 last sell for?
AED 1,808,800 on 20 April 2014, sold by the developer: AED 2,141 per sqft for 845 sqft. It is the only registered sale of the unit.
What is the rent for unit 1701?
AED 82,500 a year on the contract renewed on 10 November 2023. The previous contract, from November 2022, was AED 75,000; the unit has been rented since November 2017.
How big is unit 1701?
845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 17th floor of a 22-storey tower completed in 2016.
What is unit 1701 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 1701, Bays Edge
Starts from the last sale price (AED 1.81M, 20 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,808,800
- Deposit, UAE resident (20%)
- AED 361,760
- Deposit, non-resident (40%)
- AED 723,520
- Monthly over 25 years at 3.7%
- AED 7,400
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →