2-bed · 1,254 sqftBays Edge, Business Bay · 21st floor · completed 2016

2108, Bays Edge

Sold prices and rental history: sold once, by the developer in December 2014, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2108 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 2.15M27 December 2014
Current rentAED 128K /yr30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2108, Bays Edge

What is 2108 worth today?

Last sold for AED 2,149,950 in 2014

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30 Jan 2024RentedNew contract
AED 128,000/yr12 months · AED 102 per sqft
10 Feb 2020RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
10 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
27 Dec 2014Sold by developerOff-plan
AED 2,149,950AED 1,713 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
21st of 22
Parking
P3-87
Developer
DAMAC
Completed
2016
Last sold
AED 2.15M · December 2014
Building
Bays Edge

About 2108, Bays Edge

2108 is a two-bedroom hotel apartment of 1,254 sqft on the 21st floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 27 December 2014 for AED 2,149,950, or AED 1,713 per sqft, 17% below the AED 2,055 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 30 January 2024, is AED 128,000 a year: a gross yield of 5.9% on the 2014 price.

Sales and rents for 2108 over time

Sales
Unit 2108, each saleTypical two-bed in Bays Edge
2M3M2013201720212025Typical sale price by year: 2013 AED 2,090,200; 2014 AED 2,562,200; 2016 AED 2,849,680; 2017 AED 2,771,000; 2019 AED 1,460,000; 2022 AED 1,450,000; 2023 AED 1,850,000; 2025 AED 1,909,500Sold by developer, December 2014: AED 2,149,950 (AED 1,713 per sqft)

2108 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2108, each contractTypical two-bed in Bays Edge
100K125K2017202020232026Typical rent by year: 2017 AED 132,200; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 134,125; 2025 AED 140,000; 2026 AED 130,000New contract, February 2019: AED 115,000 a yearNew contract, February 2020: AED 90,000 a yearNew contract, January 2024: AED 128,000 a year

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 2108 sits

All 62 2-beds →

2108 last sold in December 2014 at AED 1,713 per sqft, 17% below what two-beds in Bays Edge were fetching at the time (AED 2,055). 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. 2108's AED 128,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Mar 20261,815,000
11 Sep 20251,800,000
20 Jun 20251,800,000
21 Apr 20252,050,000
1 2-bed sale 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 21st floor

All 253 units in Bays Edge
Value
21011-bedAED 1M · Feb 2019
2102StudioAED 753K · Jun 2014
21031-bedAED 1.76M · Mar 2014
21041-bedAED 1.48M · Sep 2013
21052-bedAED 2.56M · Mar 2014
21061-bedAED 1.25M · Mar 2023
21072-bedAED 2M · Dec 2017
1–7 of 14

2108, Bays Edge in numbers

  • Sold once: by DAMAC on 27 December 2014 for AED 2,149,950, or AED 1,713 per sqft.
  • Rented since February 2019 on 3 Ejari contracts. The rent fell from AED 115,000 to AED 90,000 in 2020 and recovered to AED 128,000 by January 2024.
  • At AED 128,000 a year the gross yield on the 2014 price is 5.9%.
  • 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 30 January 2024.

Questions about 2108, Bays Edge

What did unit 2108 last sell for?

AED 2,149,950 on 27 December 2014, sold by the developer: AED 1,713 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 2108?

AED 128,000 a year on the contract signed on 30 January 2024. The previous contract, from February 2020, was AED 90,000; the unit has been rented since February 2019.

How big is unit 2108?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 21st floor of a 22-storey tower completed in 2016.

What is unit 2108 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 2108, Bays Edge

Starts from the last sale price (AED 2.15M, 27 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,149,950
Deposit, UAE resident (20%)
AED 429,990
Deposit, non-resident (40%)
AED 859,980
Monthly over 25 years at 3.7%
AED 8,796

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