2008, Bays Edge
Sold prices and rental history: sold twice, last in October 2018, and rented once, from May 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2008, Bays Edge
What is 2008 worth today?
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Source: Dubai Land Department. Updated 3 October 2018.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,254 sqft
- Floor
- 20th of 22
- Parking
- P3-71
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.55M · October 2018
- Building
- Bays Edge
About 2008, Bays Edge
2008 is a two-bedroom hotel apartment of 1,254 sqft on the 20th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 3 October 2018 for AED 1,550,000, or AED 1,235 per sqft, 8% below the AED 1,339 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2017. The current contract, signed on 1 May 2017, is AED 130,000 a year: a gross yield of 8.4% on the 2018 price.
Sales and rents for 2008 over time
2008 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2008 sits
All 62 2-beds →2008 last sold in October 2018 at AED 1,235 per sqft, 8% below what two-beds in Bays Edge were fetching at the time (AED 1,339). 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. 2008's AED 130,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 1,254 sqft | 1,815,000 | 1,446 | ||
| 11 Sep 202511 September 2025 | 1,385 sqft | 1,800,000 | 1,299 | ||
| 20 Jun 202520 June 2025 | 1,387 sqft | 1,800,000 | 1,297 | ||
| 21 Apr 202521 April 2025 | 1,254 sqft | 2,050,000 | 1,634 |
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 | |
| 2002 | Studio | 425 sqft | AED 753KAED 753,100 · May 2014May 2014 | 70,000 /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 | |
| 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 |
2008, Bays Edge in numbers
- Sold twice: first on 9 November 2015 for AED 2,475,700, last on 3 October 2018 for AED 1,550,000 (AED 1,235 per sqft).
- Rented since May 2017 on one Ejari contract, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2018 price is 8.4%.
- 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 3 October 2018.
Questions about 2008, Bays Edge
What did unit 2008 last sell for?
AED 1,550,000 on 3 October 2018: AED 1,235 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 2,475,700 in November 2015.
What is the rent for unit 2008?
AED 130,000 a year on the contract signed on 1 May 2017.
How big is unit 2008?
1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 20th floor of a 22-storey tower completed in 2016.
What is unit 2008 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.
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Mortgage on 2008, Bays Edge
Starts from the last sale price (AED 1.55M, 3 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →