503, Bays Edge
Sold prices and rental history: sold once, by the developer in June 2017, 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 503, Bays Edge
What is 503 worth today?
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Source: Dubai Land Department. Updated 8 November 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 855 sqft
- Floor
- 5th of 22
- Parking
- P1-11
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.54M · June 2017
- Building
- Bays Edge
About 503, Bays Edge
503 is a one-bedroom hotel apartment of 855 sqft on the 5th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 13 June 2017 for AED 1,540,000, or AED 1,800 per sqft, in line with the AED 1,800 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 8 November 2024, is AED 115,000 a year: a gross yield of 7.5% on the 2017 price.
Sales and rents for 503 over time
503 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bays Edge, and where 503 sits
All 108 1-beds →503 last sold in June 2017 at AED 1,800 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,800). Over the last 12 months one-beds sold for AED 434,000 to 2,000,000, around AED 1,539 per sqft, and rent for AED 50,000 to 110,000 a year. 503's AED 115,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202620 February 2026 | 855 sqft | 1,200,000 | 1,402 | ||
| 12 Jan 202612 January 2026 | 855 sqft | 2,000,000 | 2,338 | ||
| 6 Jan 20266 January 2026 | 845 sqft | 1,120,000 | 1,326 | ||
| 12 Dec 202512 December 2025 | 847 sqft | 1,420,000 | 1,676 |
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 5th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 845 sqft | AED 1.12MAED 1,120,000 · Jan 2026January 2026 | 84,000 /yr | |
| 502 | Studio | 425 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | 53,000 /yr | |
| 504 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 124,800 /yr | |
| 505 | 1-bed | 874 sqft | AED 1.7MAED 1,700,000 · Mar 2017March 2017 | 75,000 /yr | |
| 506 | 2-bed | 1,385 sqft | AED 2.51MAED 2,506,000 · Dec 2013December 2013 | ||
| 507 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 135,000 /yr | |
| 508 | 1-bed | 860 sqft | AED 1.13MAED 1,125,000 · Oct 2023October 2023 | 95,000 /yr | |
| 509 | Studio | 426 sqft | AED 1.04MAED 1,044,480 · Jul 2026July 2026 | ||
| 510 | Studio | 426 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | 55,000 /yr | |
| 511 | Studio | 425 sqft | AED 755KAED 755,300 · Jul 2013July 2013 | 63,000 /yr | |
| 512 | 1-bed | 860 sqft | AED 1.82MAED 1,820,000 · Jan 2015January 2015 | 76,113 /yr | |
| 503A | 1-bed | 860 sqft | AED 970KAED 970,000 · Nov 2022November 2022 | 70,000 /yr | |
| 505A | 2-bed | 1,385 sqft | AED 2.05MAED 2,054,000 · Nov 2016November 2016 | 155,000 /yr | |
| 506a | 1-bed | 847 sqft | AED 1.85MAED 1,852,500 · Mar 2014March 2014 | 76,000 /yr |
503, Bays Edge in numbers
- Sold once: by DAMAC on 13 June 2017 for AED 1,540,000, or AED 1,800 per sqft.
- Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 132,000 to AED 75,000 in 2019 and recovered to AED 115,000 by November 2024.
- At AED 115,000 a year the gross yield on the 2017 price is 7.5%.
- One-beds in Bays Edge sold for AED 434,000–2,000,000 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 8 November 2024.
Questions about 503, Bays Edge
What did unit 503 last sell for?
AED 1,540,000 on 13 June 2017, sold by the developer: AED 1,800 per sqft for 855 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 115,000 a year on the contract signed on 8 November 2024. The previous contract, from October 2023, was AED 90,000; the unit has been rented since April 2019.
How big is unit 503?
855 sqft (79.4 sqm): a one-bedroom hotel apartment on the 5th floor of a 22-storey tower completed in 2016.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bays Edge sold for AED 434,000 to 2,000,000 in the last 12 months, around AED 1,539 per sqft.
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Mortgage on 503, Bays Edge
Starts from the last sale price (AED 1.54M, 13 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,540,000
- Deposit, UAE resident (20%)
- AED 308,000
- Deposit, non-resident (40%)
- AED 616,000
- Monthly over 25 years at 3.7%
- AED 6,301
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →