405, Bays Edge
Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Bays Edge
What is 405 worth today?
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Source: Dubai Land Department. Updated 5 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 479 sqft
- Floor
- 4th of 22
- Parking
- P1-08
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 640K · November 2023
- Building
- Bays Edge
About 405, Bays Edge
405 is a studio of 479 sqft on the 4th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 30 November 2023 for AED 640,000, or AED 1,335 per sqft, 19% below the AED 1,657 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 5 February 2025, is AED 49,800 a year: a gross yield of 7.8% on the 2023 price.
Sales and rents for 405 over time
405 has sold 4 times; 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 405 sits
All 70 studios →405 last sold in November 2023 at AED 1,335 per sqft, 19% below what studios in Bays Edge were fetching at the time (AED 1,657). 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. 405's AED 49,800 is in the lower 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 4th floor
All 253 units in Bays Edge405, Bays Edge in numbers
- Sold 4 times: first on 18 December 2017 for AED 1,007,000, last on 30 November 2023 for AED 640,000 (AED 1,335 per sqft).
- Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 38,000 in 2021 and recovered to AED 49,800 by February 2025.
- At AED 49,800 a year the gross yield on the 2023 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 5 February 2025.
Questions about 405, Bays Edge
What did unit 405 last sell for?
AED 640,000 on 30 November 2023: AED 1,335 per sqft for 479 sqft. The unit has 4 registered sales; the first was AED 1,007,000 in December 2017.
What is the rent for unit 405?
AED 49,800 a year on the contract renewed on 5 February 2025. The previous contract, from February 2024, was AED 50,000; the unit has been rented since July 2019.
How big is unit 405?
479 sqft (44.5 sqm): a studio on the 4th floor of a 22-storey tower completed in 2016.
What is unit 405 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 405, Bays Edge
Starts from the last sale price (AED 640K, 30 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →