1-bed · 855 sqftBays Edge, Business Bay · 7th floor · completed 2016

703, Bays Edge

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 12 December 2025
Last soldAED 1.79M16 December 2014
Current rentAED 95K /yr12 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Bays Edge

What is 703 worth today?

Last sold for AED 1,790,000 in 2014

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12 Dec 2025RentedRenewal
AED 95,000/yr12 months · AED 111 per sqft
12 Dec 2024RentedNew contract
AED 95,000/yr12 months · AED 111 per sqft
16 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
23 Sep 2022RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft
30 May 2019RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
4 Nov 2017RentedNew contract
AED 84,000/yr12 months · AED 99 per sqft
16 Dec 2014Sold by developerOff-plan
AED 1,790,000AED 2,092 per sqft

Source: Dubai Land Department. Updated 12 December 2025.

Key facts

Type
1-bed hotel apartment
Size
855 sqft
Floor
7th of 22
Parking
P1-42
Developer
DAMAC
Completed
2016
Last sold
AED 1.79M · December 2014
Building
Bays Edge

About 703, Bays Edge

703 is a one-bedroom hotel apartment of 855 sqft on the 7th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 16 December 2014 for AED 1,790,000, or AED 2,092 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 6 Ejari contracts. The current contract, renewed on 12 December 2025, is AED 95,000 a year: a gross yield of 5.3% on the 2014 price.

Sales and rents for 703 over time

Sales
Unit 703, 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, December 2014: AED 1,790,000 (AED 2,092 per sqft)

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

Rents
Unit 703, 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, November 2017: AED 84,000 a yearNew contract, May 2019: AED 70,000 a yearNew contract, September 2022: AED 78,000 a yearNew contract, October 2023: AED 80,000 a yearNew contract, December 2024: AED 95,000 a yearRenewal, December 2025: AED 95,000 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 703 sits

All 108 1-beds →

703 last sold in December 2014 at AED 2,092 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. 703's AED 95,000 is in the upper 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 7th floor

All 253 units in Bays Edge
Value
7011-bedAED 1.36M · Sep 2024
702StudioAED 800K · Aug 2017
7042-bedAED 2.09M · Sep 2013
7051-bedAED 1.64M · Dec 2013
7062-bedAED 2.86M · Sep 2014
7072-bedAED 2.09M · Jul 2013
7081-bedAED 1.74M · Mar 2014
1–7 of 14

703, Bays Edge in numbers

  • Sold once: by DAMAC on 16 December 2014 for AED 1,790,000, or AED 2,092 per sqft.
  • Rented since November 2017 on 6 Ejari contracts. The rent fell from AED 84,000 to AED 70,000 in 2019 and recovered to AED 95,000 by December 2025.
  • At AED 95,000 a year the gross yield on the 2014 price is 5.3%.
  • 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 12 December 2025.

Questions about 703, Bays Edge

What did unit 703 last sell for?

AED 1,790,000 on 16 December 2014, sold by the developer: AED 2,092 per sqft for 855 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 95,000 a year on the contract renewed on 12 December 2025. The previous contract, from December 2024, was AED 95,000; the unit has been rented since November 2017.

How big is unit 703?

855 sqft (79.4 sqm): a one-bedroom hotel apartment on the 7th floor of a 22-storey tower completed in 2016.

What is unit 703 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 703, Bays Edge

Starts from the last sale price (AED 1.79M, 16 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,790,000
Deposit, UAE resident (20%)
AED 358,000
Deposit, non-resident (40%)
AED 716,000
Monthly over 25 years at 3.7%
AED 7,323

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