505A, Bays Edge
Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505A, Bays Edge
What is 505A worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,385 sqft
- Floor
- 5th of 22
- Parking
- P1-15
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.05M · November 2016
- Building
- Bays Edge
About 505A, Bays Edge
505A is a two-bedroom hotel apartment of 1,385 sqft on the 5th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 13 November 2016 for AED 2,054,000, or AED 1,482 per sqft, 28% below the AED 2,046 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 June 2024, is AED 155,000 a year: a gross yield of 7.5% on the 2016 price.
Sales and rents for 505A over time
505A 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 505A sits
All 62 2-beds →505A last sold in November 2016 at AED 1,482 per sqft, 28% below what two-beds in Bays Edge were fetching at the time (AED 2,046). 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. 505A's AED 155,000 is in the upper 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 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 | |
| 503 | 1-bed | 855 sqft | AED 1.54MAED 1,540,000 · Jun 2017June 2017 | 115,000 /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 | |
| 506a | 1-bed | 847 sqft | AED 1.85MAED 1,852,500 · Mar 2014March 2014 | 76,000 /yr |
505A, Bays Edge in numbers
- Sold twice: first on 17 November 2013 for AED 2,434,400, last on 13 November 2016 for AED 2,054,000 (AED 1,482 per sqft).
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 155,000 by June 2024.
- At AED 155,000 a year the gross yield on the 2016 price is 7.5%.
- 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 15 June 2024.
Questions about 505A, Bays Edge
What did unit 505A last sell for?
AED 2,054,000 on 13 November 2016: AED 1,482 per sqft for 1,385 sqft. The unit has 2 registered sales; the first was AED 2,434,400 in November 2013.
What is the rent for unit 505A?
AED 155,000 a year on the contract signed on 15 June 2024. The previous contract, from October 2022, was AED 145,000; the unit has been rented since April 2018.
How big is unit 505A?
1,385 sqft (128.7 sqm): a two-bedroom hotel apartment on the 5th floor of a 22-storey tower completed in 2016.
What is unit 505A 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 505A, Bays Edge
Starts from the last sale price (AED 2.05M, 13 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,054,000
- Deposit, UAE resident (20%)
- AED 410,800
- Deposit, non-resident (40%)
- AED 821,600
- Monthly over 25 years at 3.7%
- AED 8,404
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →