2-bed · 1,385 sqftBays Edge, Business Bay · 7th floor · completed 2016

705A, Bays Edge

Sold prices and rental history: sold once, by the developer in July 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705A · DLD and Ejari recordsUpdated 25 July 2013
Last soldAED 2.29M25 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705A, Bays Edge

What is 705A worth today?

Last sold for AED 2,291,200 in 2013

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25 Jul 2013Sold by developerOff-plan
AED 2,291,200AED 1,653 per sqft

Source: Dubai Land Department. Updated 25 July 2013.

Key facts

Type
2-bed hotel apartment
Size
1,385 sqft
Floor
7th of 22
Parking
P1-46
Developer
DAMAC
Completed
2016
Last sold
AED 2.29M · July 2013
Building
Bays Edge

About 705A, Bays Edge

705A is a two-bedroom hotel apartment of 1,385 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 25 July 2013 for AED 2,291,200, or AED 1,653 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705A over time

Sales
Unit 705A, each saleTypical two-bed in Bays Edge
2M3M2013201720212025Typical sale price by year: 2013 AED 2,090,200; 2014 AED 2,562,200; 2016 AED 2,849,680; 2017 AED 2,771,000; 2019 AED 1,460,000; 2022 AED 1,450,000; 2023 AED 1,850,000; 2025 AED 1,909,500Sold by developer, July 2013: AED 2,291,200 (AED 1,653 per sqft)

705A has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705A, each contractTypical two-bed in Bays Edge
100K125K2017202020232026Typical rent by year: 2017 AED 132,200; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 134,125; 2025 AED 140,000; 2026 AED 130,000

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 705A sits

All 62 2-beds →

705A last sold in July 2013 at AED 1,653 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.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Mar 20261,815,000
11 Sep 20251,800,000
20 Jun 20251,800,000
21 Apr 20252,050,000
1 2-bed sale 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
7031-bedAED 1.79M · Dec 2014
7042-bedAED 2.09M · Sep 2013
7051-bedAED 1.64M · Dec 2013
7062-bedAED 2.86M · Sep 2014
7072-bedAED 2.09M · Jul 2013
1–7 of 14

705A, Bays Edge in numbers

  • Sold once: by DAMAC on 25 July 2013 for AED 2,291,200, or AED 1,653 per sqft.
  • 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 25 July 2013.

Questions about 705A, Bays Edge

What did unit 705A last sell for?

AED 2,291,200 on 25 July 2013, sold by the developer: AED 1,653 per sqft for 1,385 sqft. It is the only registered sale of the unit.

How big is unit 705A?

1,385 sqft (128.7 sqm): a two-bedroom hotel apartment on the 7th floor of a 22-storey tower completed in 2016.

What is unit 705A 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 705A, Bays Edge

Starts from the last sale price (AED 2.29M, 25 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,291,200
Deposit, UAE resident (20%)
AED 458,240
Deposit, non-resident (40%)
AED 916,480
Monthly over 25 years at 3.7%
AED 9,374

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