2002, Bays Edge
Sold prices and rental history: sold once, by the developer in May 2014, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2002, Bays Edge
What is 2002 worth today?
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Source: Dubai Land Department. Updated 20 December 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 20th of 22
- Parking
- P3-62
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 753K · May 2014
- Building
- Bays Edge
About 2002, Bays Edge
2002 is a studio of 425 sqft on the 20th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 20 May 2014 for AED 753,100, or AED 1,773 per sqft, 4% below the AED 1,839 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 December 2023, is AED 70,000 a year: a gross yield of 9.3% on the 2014 price.
Sales and rents for 2002 over time
2002 has sold once; the dashed line is the studio median of each year in the building.
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 2002 sits
All 70 studios →2002 last sold in May 2014 at AED 1,773 per sqft, 4% below what studios in Bays Edge were fetching at the time (AED 1,839). 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. 2002's AED 70,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 426 sqft | 1,044,480 | 2,451 | ||
| 18 Feb 202618 February 2026 | 426 sqft | 890,000 | 2,087 | ||
| 16 Feb 202616 February 2026 | 426 sqft | 850,000 | 1,994 | ||
| 8 Oct 20258 October 2025 | 425 sqft | 850,000 | 2,002 |
Bays Edge
Building253 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%
Other units on the 20th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 1-bed | 845 sqft | AED 1.2MAED 1,200,000 · Apr 2024April 2024 | 80,000 /yr | |
| 2003 | 1-bed | 855 sqft | AED 1.76MAED 1,759,960 · Mar 2014March 2014 | 100,000 /yr | |
| 2004 | 1-bed | 860 sqft | AED 1.29MAED 1,290,000 · Aug 2025August 2025 | 84,000 /yr | |
| 2005 | 2-bed | 1,254 sqft | AED 1.46MAED 1,460,000 · Oct 2019October 2019 | ||
| 2006 | 1-bed | 874 sqft | AED 875KAED 875,000 · Nov 2021November 2021 | 73,600 /yr | |
| 2007 | 2-bed | 1,385 sqft | AED 2.33MAED 2,334,160 · Aug 2013August 2013 | 120,000 /yr | |
| 2008 | 2-bed | 1,254 sqft | AED 1.55MAED 1,550,000 · Oct 2018October 2018 | 130,000 /yr | |
| 2009 | 1-bed | 860 sqft | AED 1.13MAED 1,125,000 · May 2018May 2018 | ||
| 2010 | Studio | 426 sqft | AED 775KAED 775,000 · Nov 2022November 2022 | 55,000 /yr | |
| 2011 | Studio | 426 sqft | AED 700KAED 700,000 · Feb 2017February 2017 | 65,000 /yr | |
| 2012 | Studio | 425 sqft | AED 420KAED 420,000 · Apr 2017April 2017 | ||
| 2013 | 1-bed | 860 sqft | AED 1.36MAED 1,355,000 · Sep 2024September 2024 | 84,000 /yr | |
| 2006A | 2-bed | 1,385 sqft | AED 2.95MAED 2,954,120 · Dec 2014December 2014 | 140,000 /yr | |
| 2007A | 1-bed | 847 sqft | AED 1.42MAED 1,420,000 · Dec 2025December 2025 | 80,000 /yr |
2002, Bays Edge in numbers
- Sold once: by DAMAC on 20 May 2014 for AED 753,100, or AED 1,773 per sqft.
- Rented since September 2021 on 3 Ejari contracts, from AED 39,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2014 price is 9.3%.
- 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 20 December 2023.
Questions about 2002, Bays Edge
What did unit 2002 last sell for?
AED 753,100 on 20 May 2014, sold by the developer: AED 1,773 per sqft for 425 sqft. It is the only registered sale of the unit.
What is the rent for unit 2002?
AED 70,000 a year on the contract signed on 20 December 2023. The previous contract, from November 2022, was AED 58,000; the unit has been rented since September 2021.
How big is unit 2002?
425 sqft (39.5 sqm): a studio on the 20th floor of a 22-storey tower completed in 2016.
What is unit 2002 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 2002, Bays Edge
Starts from the last sale price (AED 753K, 20 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 753,100
- Deposit, UAE resident (20%)
- AED 150,620
- Deposit, non-resident (40%)
- AED 301,240
- Monthly over 25 years at 3.7%
- AED 3,081
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →