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

1712, Bays Edge

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1712 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 800K26 January 2023
Current rentAED 49K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1712, Bays Edge

What is 1712 worth today?

Last sold for AED 800,000 in 2023

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28 Sep 2026RentedNew contract
AED 49,000/yr12 months · AED 114 per sqft
20 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 129 per sqft
1 Aug 2023RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
26 Jan 2023SoldReady
AED 800,000AED 1,881 per sqft
15 Sep 2022RentedNew contract
AED 45,000/yr3 months · AED 106 per sqft
15 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
31 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
19 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
Studio hotel apartment
Size
425 sqft
Floor
17th of 22
Parking
P3-29
Developer
DAMAC
Completed
2016
Last sold
AED 800K · January 2023
Building
Bays Edge

About 1712, Bays Edge

1712 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 26 January 2023 for AED 800,000, or AED 1,881 per sqft, 7% above the AED 1,759 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 28 September 2026, is AED 49,000 a year: a gross yield of 6.1% on the 2023 price.

Sales and rents for 1712 over time

Sales
Unit 1712, 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 843,600 (AED 1,983 per sqft)Sold, January 2023: AED 800,000 (AED 1,881 per sqft)

1712 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1712, 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, May 2017: AED 70,000 a yearNew contract, May 2018: AED 65,000 a yearNew contract, December 2019: AED 60,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, September 2021: AED 45,000 a yearNew contract, September 2022: AED 45,000 a yearNew contract, August 2023: AED 55,000 a yearNew contract, August 2024: AED 55,000 a yearNew contract, September 2026: AED 49,000 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 1712 sits

All 70 studios →

1712 last sold in January 2023 at AED 1,881 per sqft, 7% above what studios in Bays Edge were fetching at the time (AED 1,759). 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. 1712's AED 49,000 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
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

1712, Bays Edge in numbers

  • Sold twice: first on 10 October 2013 for AED 843,600, last on 26 January 2023 for AED 800,000 (AED 1,881 per sqft).
  • Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2020 and recovered to AED 49,000 by September 2026.
  • At AED 49,000 a year the gross yield on the 2023 price is 6.1%.
  • 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 28 September 2026.

Questions about 1712, Bays Edge

What did unit 1712 last sell for?

AED 800,000 on 26 January 2023: AED 1,881 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 843,600 in October 2013.

What is the rent for unit 1712?

AED 49,000 a year on the contract signed on 28 September 2026. The previous contract, from August 2024, was AED 55,000; the unit has been rented since May 2017.

How big is unit 1712?

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

What is unit 1712 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 1712, Bays Edge

Starts from the last sale price (AED 800K, 26 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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