1-bed · 845 sqftBays Edge, Business Bay · 20th floor · completed 2016

2001, Bays Edge

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2001 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.2M1 April 2024
Current rentAED 80K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2001, Bays Edge

What is 2001 worth today?

Last sold for AED 1,200,000 in 2024

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1 Apr 2024SoldReady
AED 1,200,000AED 1,420 per sqft
1 Jul 2023RentedRenewal
AED 80,000/yr12 months · AED 95 per sqft
1 Jul 2022RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft
30 May 2022SoldReady
AED 945,000AED 1,118 per sqft
2 Jun 2021RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
8 May 2020RentedRenewal
AED 75,000/yr12 months · AED 89 per sqft
8 May 2019RentedRenewal
AED 83,000/yr12 months · AED 99 per sqft
7 May 2018RentedRenewal
AED 89,759/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed hotel apartment
Size
845 sqft
Floor
20th of 22
Parking
P3-61
Developer
DAMAC
Completed
2016
Last sold
AED 1.2M · April 2024
Building
Bays Edge

About 2001, Bays Edge

2001 is a one-bedroom hotel apartment of 845 sqft on the 20th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 1 April 2024 for AED 1,200,000, or AED 1,420 per sqft, in line with the AED 1,395 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 1 July 2023, is AED 80,000 a year: a gross yield of 6.7% on the 2024 price.

Sales and rents for 2001 over time

Sales
Unit 2001, 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, April 2014: AED 1,721,700 (AED 2,038 per sqft)Sold, October 2015: AED 1,500,000 (AED 1,775 per sqft)Sold, May 2022: AED 945,000 (AED 1,118 per sqft)Sold, April 2024: AED 1,200,000 (AED 1,420 per sqft)

2001 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2001, 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, May 2017: AED 95,000 a yearRenewal, May 2018: AED 89,759 a yearRenewal, May 2019: AED 83,000 a yearRenewal, May 2020: AED 75,000 a yearNew contract, June 2021: AED 60,000 a yearNew contract, July 2022: AED 75,000 a yearRenewal, July 2023: AED 80,000 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 2001 sits

All 108 1-beds →

2001 last sold in April 2024 at AED 1,420 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,395). 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. 2001's AED 80,000 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 20th floor

All 253 units in Bays Edge
Value
2002StudioAED 753K · May 2014
20031-bedAED 1.76M · Mar 2014
20041-bedAED 1.29M · Aug 2025
20052-bedAED 1.46M · Oct 2019
20061-bedAED 875K · Nov 2021
20072-bedAED 2.33M · Aug 2013
20082-bedAED 1.55M · Oct 2018
1–7 of 14

2001, Bays Edge in numbers

  • Sold 4 times: first on 1 April 2014 for AED 1,721,700, last on 1 April 2024 for AED 1,200,000 (AED 1,420 per sqft).
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 80,000 by July 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.7%.
  • 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 1 April 2024.

Questions about 2001, Bays Edge

What did unit 2001 last sell for?

AED 1,200,000 on 1 April 2024: AED 1,420 per sqft for 845 sqft. The unit has 4 registered sales; the first was AED 1,721,700 in April 2014.

What is the rent for unit 2001?

AED 80,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 75,000; the unit has been rented since May 2017.

How big is unit 2001?

845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 20th floor of a 22-storey tower completed in 2016.

What is unit 2001 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 2001, Bays Edge

Starts from the last sale price (AED 1.2M, 1 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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