708, Bays Edge
Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Bays Edge
What is 708 worth today?
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Source: Dubai Land Department. Updated 23 November 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 860 sqft
- Floor
- 7th of 22
- Parking
- P1-50
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.74M · March 2014
- Building
- Bays Edge
About 708, Bays Edge
708 is a one-bedroom hotel apartment of 860 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 24 March 2014 for AED 1,737,880, or AED 2,020 per sqft, 17% above the AED 1,728 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 23 November 2026, is AED 87,000 a year: a gross yield of 5.0% on the 2014 price.
Sales and rents for 708 over time
708 has sold once; the dashed line is the one-bed median of each year in the building.
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 708 sits
All 108 1-beds →708 last sold in March 2014 at AED 2,020 per sqft, 17% above what one-beds in Bays Edge were fetching at the time (AED 1,728). 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. 708's AED 87,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202620 February 2026 | 855 sqft | 1,200,000 | 1,402 | ||
| 12 Jan 202612 January 2026 | 855 sqft | 2,000,000 | 2,338 | ||
| 6 Jan 20266 January 2026 | 845 sqft | 1,120,000 | 1,326 | ||
| 12 Dec 202512 December 2025 | 847 sqft | 1,420,000 | 1,676 |
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 | |
| 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 | |
| 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 |
708, Bays Edge in numbers
- Sold once: by DAMAC on 24 March 2014 for AED 1,737,880, or AED 2,020 per sqft.
- Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 87,000 by November 2026.
- At AED 87,000 a year the gross yield on the 2014 price is 5.0%.
- 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 23 November 2026.
Questions about 708, Bays Edge
What did unit 708 last sell for?
AED 1,737,880 on 24 March 2014, sold by the developer: AED 2,020 per sqft for 860 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 87,000 a year on the contract renewed on 23 November 2026. The previous contract, from November 2025, was AED 89,000; the unit has been rented since December 2017.
How big is unit 708?
860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 7th floor of a 22-storey tower completed in 2016.
What is unit 708 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 708, Bays Edge
Starts from the last sale price (AED 1.74M, 24 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,737,880
- Deposit, UAE resident (20%)
- AED 347,576
- Deposit, non-resident (40%)
- AED 695,152
- Monthly over 25 years at 3.7%
- AED 7,110
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →