Studio · 425 sqftBays Edge, Business Bay · 17th floor · completed 2016

1702, Bays Edge

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

Unit 1702 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 815K9 May 2017
Current rentAED 57K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Bays Edge

What is 1702 worth today?

Last sold for AED 815,000 in 2017

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25 Jul 2026RentedRenewal
AED 56,849/yr12 months · AED 134 per sqft
25 Jul 2025RentedRenewal
AED 55,902/yr12 months · AED 132 per sqft
25 Jul 2024RentedRenewal
AED 53,240/yr12 months · AED 125 per sqft
25 Jul 2023RentedRenewal
AED 48,400/yr12 months · AED 114 per sqft
25 Jul 2022RentedRenewal
AED 44,000/yr12 months · AED 104 per sqft
25 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 94 per sqft
25 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
29 Aug 2019RentedNew contract
AED 47,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
Studio hotel apartment
Size
425 sqft
Floor
17th of 22
Parking
P3-19
Developer
DAMAC
Completed
2016
Last sold
AED 815K · May 2017
Building
Bays Edge

About 1702, Bays Edge

1702 is a studio of 425 sqft on the 17th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 9 May 2017 for AED 815,000, or AED 1,919 per sqft, 6% above the AED 1,818 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 25 July 2026, is AED 56,849 a year: a gross yield of 7.0% on the 2017 price.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, July 2013: AED 841,700 (AED 1,982 per sqft)Sold, May 2017: AED 815,000 (AED 1,919 per sqft)

1702 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1702, 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, April 2017: AED 68,000 a yearNew contract, July 2018: AED 60,000 a yearNew contract, August 2019: AED 47,000 a yearNew contract, July 2020: AED 40,000 a yearNew contract, July 2021: AED 40,000 a yearRenewal, July 2022: AED 44,000 a yearRenewal, July 2023: AED 48,400 a yearRenewal, July 2024: AED 53,240 a yearRenewal, July 2025: AED 55,902 a yearRenewal, July 2026: AED 56,849 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 1702 sits

All 70 studios →

1702 last sold in May 2017 at AED 1,919 per sqft, 6% above what studios in Bays Edge were fetching at the time (AED 1,818). 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. 1702's AED 56,849 is in the lower 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 17th floor

All 253 units in Bays Edge
Value
17011-bedAED 1.81M · Apr 2014
17031-bedAED 1.75M · Apr 2014
17041-bedAED 1.48M · Apr 2014
17052-bedAED 2.96M · Oct 2014
17063-bedAED 3.99M · Dec 2013
17073-bedAED 4M · Oct 2013
17082-bedAED 2.55M · Mar 2014
1–7 of 12

1702, Bays Edge in numbers

  • Sold twice: first on 29 July 2013 for AED 841,700, last on 9 May 2017 for AED 815,000 (AED 1,919 per sqft).
  • Rented since April 2017 on 10 Ejari contracts. The rent fell from AED 68,000 to AED 40,000 in 2021 and recovered to AED 56,849 by July 2026.
  • At AED 56,849 a year the gross yield on the 2017 price is 7.0%.
  • 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 25 July 2026.

Questions about 1702, Bays Edge

What did unit 1702 last sell for?

AED 815,000 on 9 May 2017: AED 1,919 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 841,700 in July 2013.

What is the rent for unit 1702?

AED 56,849 a year on the contract renewed on 25 July 2026. The previous contract, from July 2025, was AED 55,902; the unit has been rented since April 2017.

How big is unit 1702?

425 sqft (39.5 sqm): a studio on the 17th floor of a 22-storey tower completed in 2016.

What is unit 1702 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 1702, Bays Edge

Starts from the last sale price (AED 815K, 9 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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