1-bed · 860 sqftBays Edge, Business Bay · 5th floor · completed 2016

512, Bays Edge

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 13 October 2026
Last soldAED 1.82M7 January 2015
Current rentAED 76K /yr13 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Bays Edge

What is 512 worth today?

Last sold for AED 1,820,000 in 2015

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13 Oct 2026RentedNew contract
AED 76,113/yr13 months · AED 89 per sqft
10 Feb 2025RentedNew contract
AED 95,000/yr12 months · AED 111 per sqft
10 Feb 2025RentedNew contract
AED 95,000/yr12 months · AED 111 per sqft
16 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
16 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
15 Nov 2020RentedRenewal
AED 64,000/yr12 months · AED 74 per sqft
15 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
16 Aug 2017RentedNew contract
AED 94,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 13 October 2026.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
5th of 22
Parking
P1-23
Developer
DAMAC
Completed
2016
Last sold
AED 1.82M · January 2015
Building
Bays Edge

About 512, Bays Edge

512 is a one-bedroom hotel apartment of 860 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 7 January 2015 for AED 1,820,000, or AED 2,117 per sqft, in line with the AED 2,057 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 13 October 2026, is AED 76,113 a year: a gross yield of 4.2% on the 2015 price.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical one-bed in Bays Edge
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,544,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000; 2026 AED 1,200,000Sold by developer, January 2015: AED 1,820,000 (AED 2,117 per sqft)

512 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 512, each contractTypical one-bed in Bays Edge
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 91,226; 2026 AED 80,000New contract, August 2017: AED 94,000 a yearNew contract, November 2019: AED 70,000 a yearRenewal, November 2020: AED 64,000 a yearNew contract, November 2022: AED 85,000 a yearNew contract, November 2023: AED 85,000 a yearNew contract, February 2025: AED 95,000 a yearNew contract, February 2025: AED 95,000 a yearNew contract, October 2026: AED 76,113 a year

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 512 sits

All 108 1-beds →

512 last sold in January 2015 at AED 2,117 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 2,057). 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. 512's AED 76,113 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20261,200,000
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
6 1-bed 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

512, Bays Edge in numbers

  • Sold once: by DAMAC on 7 January 2015 for AED 1,820,000, or AED 2,117 per sqft.
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 94,000 to AED 64,000 in 2020 and recovered to AED 76,113 by October 2026.
  • At AED 76,113 a year the gross yield on the 2015 price is 4.2%.
  • 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 13 October 2026.

Questions about 512, Bays Edge

What did unit 512 last sell for?

AED 1,820,000 on 7 January 2015, sold by the developer: AED 2,117 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 76,113 a year on the contract signed on 13 October 2026. The previous contract, from February 2025, was AED 95,000; the unit has been rented since August 2017.

How big is unit 512?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 5th floor of a 22-storey tower completed in 2016.

What is unit 512 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 512, Bays Edge

Starts from the last sale price (AED 1.82M, 7 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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