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1-bed · 860 sqftBays Edge, Business Bay · 18th floor · completed 2016

1809, Bays Edge

Sold prices and rental history: sold twice, last in October 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 21 October 2019
Last soldAED 1.04M21 October 2019
Current rentAED 90K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1809, Bays Edge

What is 1809 worth today?

Last sold for AED 1,040,000 in 2019

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21 Oct 2019SoldReady
AED 1,040,000AED 1,209 per sqft
1 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
10 Jun 2017RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
12 Dec 2013Sold by developerOff-plan
AED 1,659,450AED 1,929 per sqft

Source: Dubai Land Department. Updated 21 October 2019.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
18th of 22
Parking
P3-41
Developer
DAMAC
Completed
2016
Last sold
AED 1.04M · October 2019
Building
Bays Edge

About 1809, Bays Edge

1809 is a one-bedroom hotel apartment of 860 sqft on the 18th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 21 October 2019 for AED 1,040,000, or AED 1,209 per sqft, 3% above the AED 1,173 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 July 2018, is AED 90,000 a year: a gross yield of 8.6% on the 2019 price.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical one-bed in Bays Edge
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,544,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000; 2026 AED 1,200,000Sold by developer, December 2013: AED 1,659,450 (AED 1,929 per sqft)Sold, October 2019: AED 1,040,000 (AED 1,209 per sqft)

1809 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1809, each contractTypical one-bed in Bays Edge
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 91,226; 2026 AED 80,000New contract, June 2017: AED 100,000 a yearNew contract, July 2018: AED 90,000 a year

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 1809 sits

All 108 1-beds →

1809 last sold in October 2019 at AED 1,209 per sqft, 3% above what one-beds in Bays Edge were fetching at the time (AED 1,173). 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. 1809's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20261,200,000
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
6 1-bed 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 18th floor

All 253 units in Bays Edge
Value
18011-bedAED 1.66M · Nov 2013
1802StudioAED 960K · Apr 2024
18031-bedAED 1.75M · Mar 2014
18041-bedAED 1.81M · Mar 2014
18052-bedAED 2.09M · Jul 2013
18061-bedAED 1.68M · Dec 2013
18072-bedAED 2.84M · May 2016
1–7 of 14

1809, Bays Edge in numbers

  • Sold twice: first on 12 December 2013 for AED 1,659,450, last on 21 October 2019 for AED 1,040,000 (AED 1,209 per sqft).
  • Rented since June 2017 on 2 Ejari contracts, from AED 100,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 8.6%.
  • 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 21 October 2019.

Questions about 1809, Bays Edge

What did unit 1809 last sell for?

AED 1,040,000 on 21 October 2019: AED 1,209 per sqft for 860 sqft. The unit has 2 registered sales; the first was AED 1,659,450 in December 2013.

What is the rent for unit 1809?

AED 90,000 a year on the contract signed on 1 July 2018. The previous contract, from June 2017, was AED 100,000.

How big is unit 1809?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 18th floor of a 22-storey tower completed in 2016.

What is unit 1809 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 1809, Bays Edge

Starts from the last sale price (AED 1.04M, 21 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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