Studio · 426 sqftBays Edge, Business Bay · 5th floor · completed 2016

510, Bays Edge

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 880K11 September 2024
Current rentAED 55K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Bays Edge

What is 510 worth today?

Last sold for AED 880,000 in 2024

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2 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
1 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 131 per sqft
11 Sep 2024SoldReady
AED 880,000AED 2,064 per sqft
18 May 2023RentedNew contract
AED 65,000/yr12 months · AED 155 per sqft
16 Apr 2022RentedNew contract
AED 46,000/yr12 months · AED 107 per sqft
10 Jul 2020RentedRenewal
AED 48,000/yr12 months · AED 111 per sqft
10 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 116 per sqft
18 May 2017RentedNew contract
AED 70,000/yr12 months · AED 163 per sqft

Source: Dubai Land Department. Updated 2 September 2026.

Key facts

Type
Studio hotel apartment
Size
426 sqft
Floor
5th of 22
Parking
P1-21
Developer
DAMAC
Completed
2016
Last sold
AED 880K · September 2024
Building
Bays Edge

About 510, Bays Edge

510 is a studio of 426 sqft on the 5th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 11 September 2024 for AED 880,000, or AED 2,064 per sqft, 7% above the AED 1,935 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 2 September 2026, is AED 55,000 a year: a gross yield of 6.3% on the 2024 price.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical studio in Bays Edge
600K800K2013201720212025Typical 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, July 2013: AED 761,600 (AED 1,786 per sqft)Sold, September 2024: AED 880,000 (AED 2,064 per sqft)

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

Rents
Unit 510, 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, May 2017: AED 70,000 a yearNew contract, July 2019: AED 50,000 a yearRenewal, July 2020: AED 48,000 a yearNew contract, April 2022: AED 46,000 a yearNew contract, May 2023: AED 65,000 a yearNew contract, September 2026: AED 55,000 a yearNew contract, September 2026: AED 55,000 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 510 sits

All 70 studios →

510 last sold in September 2024 at AED 2,064 per sqft, 7% above what studios in Bays Edge were fetching at the time (AED 1,935). 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. 510's AED 55,000 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 5th floor

All 253 units in Bays Edge
Value
5011-bedAED 1.12M · Jan 2026
502StudioAED 675K · Nov 2023
5031-bedAED 1.54M · Jun 2017
5042-bedAED 2.09M · Jul 2013
5051-bedAED 1.7M · Mar 2017
5062-bedAED 2.51M · Dec 2013
5072-bedAED 2.09M · Jul 2013
1–7 of 14

510, Bays Edge in numbers

  • Sold twice: first on 14 July 2013 for AED 761,600, last on 11 September 2024 for AED 880,000 (AED 2,064 per sqft).
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2022 and recovered to AED 55,000 by September 2026.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.3%.
  • 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 2 September 2026.

Questions about 510, Bays Edge

What did unit 510 last sell for?

AED 880,000 on 11 September 2024: AED 2,064 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 761,600 in July 2013.

What is the rent for unit 510?

AED 55,000 a year on the contract signed on 2 September 2026. The previous contract, from September 2026, was AED 55,000; the unit has been rented since May 2017.

How big is unit 510?

426 sqft (39.6 sqm): a studio on the 5th floor of a 22-storey tower completed in 2016.

What is unit 510 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 510, Bays Edge

Starts from the last sale price (AED 880K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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