702, Bays Edge
Sold prices and rental history: sold 3 times, last in August 2017, 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 702, Bays Edge
What is 702 worth today?
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Source: Dubai Land Department. Updated 28 October 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 7th of 22
- Parking
- P1-41
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 800K · August 2017
- Building
- Bays Edge
About 702, Bays Edge
702 is a studio of 425 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 August 2017 for AED 800,000, or AED 1,884 per sqft, in line with the AED 1,902 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 28 October 2026, is AED 56,000 a year: a gross yield of 7.0% on the 2017 price.
Sales and rents for 702 over time
702 has sold 3 times; 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 702 sits
All 70 studios →702 last sold in August 2017 at AED 1,884 per sqft, in line with what studios in Bays Edge were fetching at the time (AED 1,902). 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. 702's AED 56,000 is in the lower 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 7th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 845 sqft | AED 1.36MAED 1,355,000 · Sep 2024September 2024 | 77,176 /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 |
702, Bays Edge in numbers
- Sold 3 times: first on 14 July 2013 for AED 731,500, last on 13 August 2017 for AED 800,000 (AED 1,884 per sqft).
- Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 39,999 in 2020 and recovered to AED 56,000 by October 2026.
- At AED 56,000 a year the gross yield on the 2017 price is 7.0%.
- 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 October 2026.
Questions about 702, Bays Edge
What did unit 702 last sell for?
AED 800,000 on 13 August 2017: AED 1,884 per sqft for 425 sqft. The unit has 3 registered sales; the first was AED 731,500 in July 2013.
What is the rent for unit 702?
AED 56,000 a year on the contract signed on 28 October 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since January 2018.
How big is unit 702?
425 sqft (39.5 sqm): a studio on the 7th floor of a 22-storey tower completed in 2016.
What is unit 702 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 702, Bays Edge
Starts from the last sale price (AED 800K, 13 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →