706, Bays Edge
Sold prices and rental history: sold once, by the developer in September 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Bays Edge
What is 706 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,385 sqft
- Floor
- 7th of 22
- Parking
- P1-47
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 2.86M · September 2014
- Building
- Bays Edge
About 706, Bays Edge
706 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 21 September 2014 for AED 2,864,000, or AED 2,067 per sqft, 14% above the AED 1,813 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 126,500 a year: a gross yield of 4.4% on the 2014 price.
Sales and rents for 706 over time
706 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 706 sits
All 62 2-beds →706 last sold in September 2014 at AED 2,067 per sqft, 14% above what two-beds in Bays Edge were fetching at the time (AED 1,813). 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. 706's AED 126,500 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 | |
| 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 | |
| 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 |
706, Bays Edge in numbers
- Sold once: by DAMAC on 21 September 2014 for AED 2,864,000, or AED 2,067 per sqft.
- Rented since March 2019 on 9 Ejari contracts, from AED 115,000 to AED 126,500 a year.
- At AED 126,500 a year the gross yield on the 2014 price is 4.4%.
- 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 1 March 2026.
Questions about 706, Bays Edge
What did unit 706 last sell for?
AED 2,864,000 on 21 September 2014, sold by the developer: AED 2,067 per sqft for 1,385 sqft. It is the only registered sale of the unit.
What is the rent for unit 706?
AED 126,500 a year on the contract renewed on 1 March 2026. The previous contract, from February 2025, was AED 126,125; the unit has been rented since March 2019.
How big is unit 706?
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 706 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 706, Bays Edge
Starts from the last sale price (AED 2.86M, 21 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,864,000
- Deposit, UAE resident (20%)
- AED 572,800
- Deposit, non-resident (40%)
- AED 1,145,600
- Monthly over 25 years at 3.7%
- AED 11,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →