2-bed · 1,254 sqftBays Edge, Business Bay · 7th floor · completed 2016

707, Bays Edge

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 7 October 2026
Last soldAED 2.09M14 July 2013
Current rentAED 120K /yr7 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Bays Edge

What is 707 worth today?

Last sold for AED 2,089,600 in 2013

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7 Oct 2026RentedNew contract
AED 120,000/yr12 months · AED 96 per sqft
20 Oct 2023RentedRenewal
AED 105,000/yr12 months · AED 84 per sqft
20 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 80 per sqft
20 Oct 2021RentedNew contract
AED 95,000/yr12 months · AED 76 per sqft
28 Sep 2019RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
28 Sep 2018RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
14 Jul 2013Sold by developerOff-plan
AED 2,089,600AED 1,665 per sqft

Source: Dubai Land Department. Updated 7 October 2026.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
7th of 22
Parking
P1-49
Developer
DAMAC
Completed
2016
Last sold
AED 2.09M · July 2013
Building
Bays Edge

About 707, Bays Edge

707 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 14 July 2013 for AED 2,089,600, or AED 1,665 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 6 Ejari contracts. The current contract, signed on 7 October 2026, is AED 120,000 a year: a gross yield of 5.7% on the 2013 price.

Sales and rents for 707 over time

Sales
Unit 707, 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 2,089,600 (AED 1,665 per sqft)

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

Rents
Unit 707, 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 130,000New contract, September 2018: AED 120,000 a yearRenewal, September 2019: AED 110,000 a yearNew contract, October 2021: AED 95,000 a yearRenewal, October 2022: AED 100,000 a yearRenewal, October 2023: AED 105,000 a yearNew contract, October 2026: AED 120,000 a year

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 707 sits

All 62 2-beds →

707 last sold in July 2013 at AED 1,665 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. 707's AED 120,000 is in the lower half of that range.

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
7081-bedAED 1.74M · Mar 2014
1–7 of 14

707, Bays Edge in numbers

  • Sold once: by DAMAC on 14 July 2013 for AED 2,089,600, or AED 1,665 per sqft.
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2021 and recovered to AED 120,000 by October 2026.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.7%.
  • 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 7 October 2026.

Questions about 707, Bays Edge

What did unit 707 last sell for?

AED 2,089,600 on 14 July 2013, sold by the developer: AED 1,665 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 120,000 a year on the contract signed on 7 October 2026. The previous contract, from October 2023, was AED 105,000; the unit has been rented since September 2018.

How big is unit 707?

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 707 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 707, Bays Edge

Starts from the last sale price (AED 2.09M, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,089,600
Deposit, UAE resident (20%)
AED 417,920
Deposit, non-resident (40%)
AED 835,840
Monthly over 25 years at 3.7%
AED 8,549

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