Studio · 480 sqftBays Edge, Business Bay · 4th floor · completed 2016

403, Bays Edge

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 12 January 2026
Last soldAED 700K11 November 2020
Current rentAED 55K /yr12 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Bays Edge

What is 403 worth today?

Last sold for AED 700,000 in 2020

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12 Jan 2026RentedRenewal
AED 54,600/yr12 months · AED 114 per sqft
11 Jan 2026RentedNew contract
AED 54,308/yr12 months · AED 113 per sqft
12 Jan 2025RentedRenewal
AED 52,000/yr12 months · AED 108 per sqft
12 Jan 2024RentedNew contract
AED 44,000/yr12 months · AED 92 per sqft
6 Jan 2023RentedRenewal
AED 42,000/yr12 months · AED 87 per sqft
6 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
6 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
11 Nov 2020SoldReady
AED 700,000AED 1,459 per sqft

Source: Dubai Land Department. Updated 12 January 2026.

Key facts

Type
Studio hotel apartment
Size
480 sqft
Floor
4th of 22
Parking
P1-06
Developer
DAMAC
Completed
2016
Last sold
AED 700K · November 2020
Building
Bays Edge

About 403, Bays Edge

403 is a studio of 480 sqft on the 4th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 11 November 2020 for AED 700,000, or AED 1,459 per sqft.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 12 January 2026, is AED 54,600 a year: a gross yield of 7.8% on the 2020 price.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical studio in Bays Edge
600K800K1M2013201720212025Typical sale price by year: 2013 AED 784,000; 2014 AED 851,200; 2016 AED 792,500; 2017 AED 830,000; 2018 AED 655,000; 2019 AED 667,500; 2021 AED 590,000; 2022 AED 715,000; 2023 AED 735,000; 2024 AED 870,000; 2025 AED 850,000; 2026 AED 890,000Sold by developer, August 2017: AED 1,008,000 (AED 2,101 per sqft)Sold, November 2020: AED 700,000 (AED 1,459 per sqft)

403 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 403, each contractTypical studio in Bays Edge
40K60K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 54,500; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 64,000; 2025 AED 65,000; 2026 AED 56,015New contract, October 2017: AED 70,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, November 2019: AED 57,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 40,000 a yearRenewal, January 2023: AED 42,000 a yearNew contract, January 2024: AED 44,000 a yearRenewal, January 2025: AED 52,000 a yearRenewal, January 2026: AED 54,600 a yearNew contract, January 2026: AED 54,308 a year

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 403 sits

All 70 studios →

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. 403's AED 54,600 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jul 20261,044,480
18 Feb 2026890,000
16 Feb 2026850,000
8 Oct 2025850,000
3 studio 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 4th floor

All 253 units in Bays Edge
Value
401StudioAED 1M · Nov 2017
402StudioAED 1M · Jun 2017
404StudioAED 1.02M · Nov 2017
405StudioAED 640K · Nov 2023

403, Bays Edge in numbers

  • Sold twice: first on 30 August 2017 for AED 1,008,000, last on 11 November 2020 for AED 700,000 (AED 1,459 per sqft).
  • Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2022 and recovered to AED 54,600 by January 2026.
  • At AED 54,600 a year the gross yield on the 2020 price is 7.8%.
  • 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 12 January 2026.

Questions about 403, Bays Edge

What did unit 403 last sell for?

AED 700,000 on 11 November 2020: AED 1,459 per sqft for 480 sqft. The unit has 2 registered sales; the first was AED 1,008,000 in August 2017.

What is the rent for unit 403?

AED 54,600 a year on the contract renewed on 12 January 2026. The previous contract, from January 2026, was AED 54,308; the unit has been rented since October 2017.

How big is unit 403?

480 sqft (44.6 sqm): a studio on the 4th floor of a 22-storey tower completed in 2016.

What is unit 403 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 403, Bays Edge

Starts from the last sale price (AED 700K, 11 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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