2-bed · 1,254 sqftBays Edge, Business Bay · 17th floor · completed 2016

1708, Bays Edge

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1708 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 2.55M31 March 2014
Current rentAED 140K /yr16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1708, Bays Edge

What is 1708 worth today?

Last sold for AED 2,554,840 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Feb 2026RentedNew contract
AED 140,000/yr12 months · AED 111 per sqft
5 Mar 2025RentedRenewal
AED 160,000/yr12 months · AED 127 per sqft
5 Mar 2025RentedRenewal
AED 160,000/yr12 months · AED 127 per sqft
5 Mar 2024RentedNew contract
AED 150,000/yr12 months · AED 119 per sqft
1 Jan 2021RentedNew contract
AED 96,000/yr36 months · AED 76 per sqft
20 Jun 2019RentedNew contract
AED 110,000/yr12 months · AED 87 per sqft
31 Mar 2014Sold by developerOff-plan
AED 2,554,840AED 2,036 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
17th of 22
Parking
P3-25
Developer
DAMAC
Completed
2016
Last sold
AED 2.55M · March 2014
Building
Bays Edge

About 1708, Bays Edge

1708 is a two-bedroom hotel apartment of 1,254 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 31 March 2014 for AED 2,554,840, or AED 2,036 per sqft, 22% 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, signed on 16 February 2026, is AED 140,000 a year: a gross yield of 5.5% on the 2014 price.

Sales and rents for 1708 over time

Sales
Unit 1708, each saleTypical two-bed in Bays Edge
2M3M2013201720212025Typical sale price by year: 2013 AED 2,090,200; 2014 AED 2,562,200; 2016 AED 2,849,680; 2017 AED 2,771,000; 2019 AED 1,460,000; 2022 AED 1,450,000; 2023 AED 1,850,000; 2025 AED 1,909,500Sold by developer, March 2014: AED 2,554,840 (AED 2,036 per sqft)

1708 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1708, each contractTypical two-bed in Bays Edge
100K150K2017202020232026Typical rent by year: 2017 AED 132,200; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 134,125; 2025 AED 140,000; 2026 AED 130,000New contract, June 2019: AED 110,000 a yearNew contract, January 2021: AED 96,000 a yearNew contract, March 2024: AED 150,000 a yearRenewal, March 2025: AED 160,000 a yearRenewal, March 2025: AED 160,000 a yearNew contract, February 2026: AED 140,000 a year

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 1708 sits

All 62 2-beds →

1708 last sold in March 2014 at AED 2,036 per sqft, 22% 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. 1708's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Mar 20261,815,000
11 Sep 20251,800,000
20 Jun 20251,800,000
21 Apr 20252,050,000
1 2-bed sale 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
1702StudioAED 815K · May 2017
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
1–7 of 12

1708, Bays Edge in numbers

  • Sold once: by DAMAC on 31 March 2014 for AED 2,554,840, or AED 2,036 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 96,000 in 2021 and recovered to AED 140,000 by February 2026.
  • At AED 140,000 a year the gross yield on the 2014 price is 5.5%.
  • 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 16 February 2026.

Questions about 1708, Bays Edge

What did unit 1708 last sell for?

AED 2,554,840 on 31 March 2014, sold by the developer: AED 2,036 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 1708?

AED 140,000 a year on the contract signed on 16 February 2026. The previous contract, from March 2025, was AED 160,000; the unit has been rented since June 2019.

How big is unit 1708?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 17th floor of a 22-storey tower completed in 2016.

What is unit 1708 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.

Selling 1708? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1708, Bays Edge

Starts from the last sale price (AED 2.55M, 31 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,554,840
Deposit, UAE resident (20%)
AED 510,968
Deposit, non-resident (40%)
AED 1,021,936
Monthly over 25 years at 3.7%
AED 10,453

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