701, 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.
Property timeline for 701, Bays Edge
What is 701 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 6 May 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 845 sqft
- Floor
- 7th of 22
- Parking
- P1-40
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.36M · September 2024
- Building
- Bays Edge
About 701, Bays Edge
701 is a one-bedroom hotel apartment of 845 sqft on the 7th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 13 September 2024 for AED 1,355,000, or AED 1,604 per sqft, 11% above the AED 1,450 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 6 May 2025, is AED 77,176 a year: a gross yield of 5.7% on the 2024 price.
Sales and rents for 701 over time
701 has sold twice; 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 701 sits
All 108 1-beds →701 last sold in September 2024 at AED 1,604 per sqft, 11% above what one-beds in Bays Edge were fetching at the time (AED 1,450). 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. 701's AED 77,176 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 7th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 425 sqft | AED 800KAED 800,000 · Aug 2017August 2017 | 56,000 /yr | |
| 703 | 1-bed | 855 sqft | AED 1.79MAED 1,790,000 · Dec 2014December 2014 | 95,000 /yr | |
| 704 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Sep 2013September 2013 | 131,250 /yr | |
| 705 | 1-bed | 874 sqft | AED 1.64MAED 1,636,200 · Dec 2013December 2013 | 85,000 /yr | |
| 706 | 2-bed | 1,385 sqft | AED 2.86MAED 2,864,000 · Sep 2014September 2014 | 126,500 /yr | |
| 707 | 2-bed | 1,254 sqft | AED 2.09MAED 2,089,600 · Jul 2013July 2013 | 120,000 /yr | |
| 708 | 1-bed | 860 sqft | AED 1.74MAED 1,737,880 · Mar 2014March 2014 | 87,000 /yr | |
| 709 | Studio | 426 sqft | AED 739KAED 739,200 · Jul 2013July 2013 | 60,000 /yr | |
| 710 | Studio | 426 sqft | AED 600KAED 600,000 · Sep 2021September 2021 | 52,500 /yr | |
| 711 | Studio | 425 sqft | AED 590KAED 590,000 · Dec 2021December 2021 | 70,000 /yr | |
| 712 | 1-bed | 860 sqft | AED 1.14MAED 1,140,000 · Mar 2024March 2024 | 90,000 /yr | |
| 703A | 1-bed | 860 sqft | AED 1.74MAED 1,737,880 · Mar 2014March 2014 | 97,000 /yr | |
| 705A | 2-bed | 1,385 sqft | AED 2.29MAED 2,291,200 · Jul 2013July 2013 | ||
| 706A | 1-bed | 847 sqft | AED 1.45MAED 1,450,000 · Apr 2025April 2025 |
701, Bays Edge in numbers
- Sold twice: first on 22 June 2015 for AED 1,790,000, last on 13 September 2024 for AED 1,355,000 (AED 1,604 per sqft).
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 95,000 to AED 54,000 in 2020 and recovered to AED 77,176 by May 2025.
- At AED 77,176 a year the gross yield on the 2024 price is 5.7%.
- 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 6 May 2025.
Questions about 701, Bays Edge
What did unit 701 last sell for?
AED 1,355,000 on 13 September 2024: AED 1,604 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 1,790,000 in June 2015.
What is the rent for unit 701?
AED 77,176 a year on the contract renewed on 6 May 2025. The previous contract, from May 2025, was AED 77,176; the unit has been rented since April 2017.
How big is unit 701?
845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 7th floor of a 22-storey tower completed in 2016.
What is unit 701 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 701? 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 701, Bays Edge
Starts from the last sale price (AED 1.36M, 13 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,355,000
- Deposit, UAE resident (20%)
- AED 271,000
- Deposit, non-resident (40%)
- AED 542,000
- Monthly over 25 years at 3.7%
- AED 5,544
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →