704, Bays Edge
Sold prices and rental history: sold once, by the developer in September 2013, 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 704, Bays Edge
What is 704 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,254 sqft
- Floor
- 7th of 22
- Parking
- P1-44
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.09M · September 2013
- Building
- Bays Edge
About 704, Bays Edge
704 is a two-bedroom hotel apartment of 1,254 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 26 September 2013 for AED 2,090,200, or AED 1,666 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 131,250 a year: a gross yield of 6.3% on the 2013 price.
Sales and rents for 704 over time
704 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Bays Edge, and where 704 sits
All 62 2-beds →704 last sold in September 2013 at AED 1,666 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,666). Over the last 12 months two-beds sold for AED 1,815,000, around AED 1,446 per sqft, and rent for AED 100,000 to 195,000 a year. 704's AED 131,250 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 1,254 sqft | 1,815,000 | 1,446 | ||
| 11 Sep 202511 September 2025 | 1,385 sqft | 1,800,000 | 1,299 | ||
| 20 Jun 202520 June 2025 | 1,387 sqft | 1,800,000 | 1,297 | ||
| 21 Apr 202521 April 2025 | 1,254 sqft | 2,050,000 | 1,634 |
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 | |
| 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 | |
| 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 |
704, Bays Edge in numbers
- Sold once: by DAMAC on 26 September 2013 for AED 2,090,200, or AED 1,666 per sqft.
- Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2020 and recovered to AED 131,250 by February 2026.
- At AED 131,250 a year the gross yield on the 2013 price is 6.3%.
- Two-beds in Bays Edge sold for AED 1,815,000–1,815,000 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 10 February 2026.
Questions about 704, Bays Edge
What did unit 704 last sell for?
AED 2,090,200 on 26 September 2013, sold by the developer: AED 1,666 per sqft for 1,254 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 131,250 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 131,250; the unit has been rented since July 2018.
How big is unit 704?
1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 7th floor of a 22-storey tower completed in 2016.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bays Edge sold for AED 1,815,000 to 1,815,000 in the last 12 months, around AED 1,446 per sqft.
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Mortgage on 704, Bays Edge
Starts from the last sale price (AED 2.09M, 26 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,090,200
- Deposit, UAE resident (20%)
- AED 418,040
- Deposit, non-resident (40%)
- AED 836,080
- Monthly over 25 years at 3.7%
- AED 8,552
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →