511, Bays Edge
Sold prices and rental history: sold once, by the developer in July 2013, 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 511, Bays Edge
What is 511 worth today?
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Source: Dubai Land Department. Updated 28 June 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 5th of 22
- Parking
- P1-22
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 755K · July 2013
- Building
- Bays Edge
About 511, Bays Edge
511 is a studio of 425 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 14 July 2013 for AED 755,300, or AED 1,775 per sqft, in line with the AED 1,774 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 28 June 2026, is AED 63,000 a year: a gross yield of 8.3% on the 2013 price.
Sales and rents for 511 over time
511 has sold once; 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 511 sits
All 70 studios →511 last sold in July 2013 at AED 1,775 per sqft, in line with what studios in Bays Edge were fetching at the time (AED 1,774). 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. 511's AED 63,000 is in the upper 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 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 | |
| 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 |
511, Bays Edge in numbers
- Sold once: by DAMAC on 14 July 2013 for AED 755,300, or AED 1,775 per sqft.
- Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 62,000 to AED 42,000 in 2021 and recovered to AED 63,000 by June 2026.
- At AED 63,000 a year the gross yield on the 2013 price is 8.3%.
- 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 28 June 2026.
Questions about 511, Bays Edge
What did unit 511 last sell for?
AED 755,300 on 14 July 2013, sold by the developer: AED 1,775 per sqft for 425 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 63,000 a year on the contract renewed on 28 June 2026. The previous contract, from June 2025, was AED 63,000; the unit has been rented since February 2018.
How big is unit 511?
425 sqft (39.5 sqm): a studio on the 5th floor of a 22-storey tower completed in 2016.
What is unit 511 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 511, Bays Edge
Starts from the last sale price (AED 755K, 14 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 755,300
- Deposit, UAE resident (20%)
- AED 151,060
- Deposit, non-resident (40%)
- AED 302,120
- Monthly over 25 years at 3.7%
- AED 3,090
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →