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1-bed · 859 sqftBays Edge, Business Bay · 6th floor · completed 2016

612, Bays Edge

Sold prices and rental history: sold once, by the developer in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 21 September 2014
Last soldAED 1.82M21 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 612, Bays Edge

What is 612 worth today?

Last sold for AED 1,820,000 in 2014

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21 Sep 2014Sold by developerOff-plan
AED 1,820,000AED 2,118 per sqft

Source: Dubai Land Department. Updated 21 September 2014.

Key facts

Type
1-bed hotel apartment
Size
859 sqft
Floor
6th of 22
Parking
P1-39
Developer
DAMAC
Completed
2016
Last sold
AED 1.82M · September 2014
Building
Bays Edge

About 612, Bays Edge

612 is a one-bedroom hotel apartment of 859 sqft on the 6th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 21 September 2014 for AED 1,820,000, or AED 2,118 per sqft, 5% above the AED 2,020 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 612 over time

Sales
Unit 612, 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, September 2014: AED 1,820,000 (AED 2,118 per sqft)

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

Rents
Unit 612, 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 80,000

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 612 sits

All 108 1-beds →

612 last sold in September 2014 at AED 2,118 per sqft, 5% above what one-beds in Bays Edge were fetching at the time (AED 2,020). 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.

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 6th floor

All 253 units in Bays Edge
Value
6011-bedAED 1.79M · Nov 2015
602StudioAED 753K · Jul 2013
6033-bedAED 2.87M · Jul 2013
6042-bedAED 2.08M · Dec 2013
6051-bedAED 1.91M · Mar 2014
6062-bedAED 2.51M · Oct 2013
6072-bedAED 2.09M · Aug 2013
1–7 of 13

612, Bays Edge in numbers

  • Sold once: by DAMAC on 21 September 2014 for AED 1,820,000, or AED 2,118 per sqft.
  • 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 21 September 2014.

Questions about 612, Bays Edge

What did unit 612 last sell for?

AED 1,820,000 on 21 September 2014, sold by the developer: AED 2,118 per sqft for 859 sqft. It is the only registered sale of the unit.

How big is unit 612?

859 sqft (79.8 sqm): a one-bedroom hotel apartment on the 6th floor of a 22-storey tower completed in 2016.

What is unit 612 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 612, Bays Edge

Starts from the last sale price (AED 1.82M, 21 September 2014). 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 →