506a, Bays Edge
Sold prices and rental history: sold once, by the developer in March 2014, 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 506a, Bays Edge
What is 506a worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 22 September 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 847 sqft
- Floor
- 5th of 22
- Parking
- P1-17
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.85M · March 2014
- Building
- Bays Edge
About 506a, Bays Edge
506a is a one-bedroom hotel apartment of 847 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 26 March 2014 for AED 1,852,500, or AED 2,187 per sqft, 26% above the AED 1,734 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 22 September 2026, is AED 76,000 a year: a gross yield of 4.1% on the 2014 price.
Sales and rents for 506a over time
506a 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 506a sits
All 108 1-beds →506a last sold in March 2014 at AED 2,187 per sqft, 26% above what one-beds in Bays Edge were fetching at the time (AED 1,734). 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. 506a's AED 76,000 is in the lower half 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 | |
| 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 | |
| 505A | 2-bed | 1,385 sqft | AED 2.05MAED 2,054,000 · Nov 2016November 2016 | 155,000 /yr |
506a, Bays Edge in numbers
- Sold once: by DAMAC on 26 March 2014 for AED 1,852,500, or AED 2,187 per sqft.
- Rented since September 2019 on 8 Ejari contracts, from AED 75,000 to AED 76,000 a year.
- At AED 76,000 a year the gross yield on the 2014 price is 4.1%.
- 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 22 September 2026.
Questions about 506a, Bays Edge
What did unit 506a last sell for?
AED 1,852,500 on 26 March 2014, sold by the developer: AED 2,187 per sqft for 847 sqft. It is the only registered sale of the unit.
What is the rent for unit 506a?
AED 76,000 a year on the contract signed on 22 September 2026. The previous contract, from May 2025, was AED 90,000; the unit has been rented since September 2019.
How big is unit 506a?
847 sqft (78.7 sqm): a one-bedroom hotel apartment on the 5th floor of a 22-storey tower completed in 2016.
What is unit 506a 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.
Selling 506a? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506a, Bays Edge
Starts from the last sale price (AED 1.85M, 26 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,852,500
- Deposit, UAE resident (20%)
- AED 370,500
- Deposit, non-resident (40%)
- AED 741,000
- Monthly over 25 years at 3.7%
- AED 7,579
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →