1-bed · 860 sqftBays Edge, Business Bay · 7th floor · completed 2016

712, Bays Edge

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 1.14M7 March 2024
Current rentAED 90K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Bays Edge

What is 712 worth today?

Last sold for AED 1,140,000 in 2024

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25 Apr 2026RentedRenewal
AED 90,000/yr12 months · AED 106 per sqft
26 Apr 2025RentedRenewal
AED 90,000/yr12 months · AED 106 per sqft
26 Apr 2025RentedRenewal
AED 90,000/yr12 months · AED 106 per sqft
25 Apr 2024RentedNew contract
AED 89,751/yr12 months · AED 104 per sqft
7 Mar 2024SoldReady
AED 1,140,000AED 1,326 per sqft
28 Mar 2023RentedNew contract
AED 87,000/yr12 months · AED 101 per sqft
25 Sep 2020RentedNew contract
AED 55,000/yr13 months · AED 64 per sqft
31 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
7th of 22
Parking
P1-54
Developer
DAMAC
Completed
2016
Last sold
AED 1.14M · March 2024
Building
Bays Edge

About 712, Bays Edge

712 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. It last sold on 7 March 2024 for AED 1,140,000, or AED 1,326 per sqft, 4% below the AED 1,379 one-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 25 April 2026, is AED 90,000 a year: a gross yield of 7.9% on the 2024 price.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical one-bed in Bays Edge
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,544,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000; 2026 AED 1,200,000Sold by developer, June 2017: AED 1,548,000 (AED 1,801 per sqft)Sold, March 2024: AED 1,140,000 (AED 1,326 per sqft)

712 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 712, each contractTypical one-bed in Bays Edge
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 91,226; 2026 AED 80,000New contract, May 2018: AED 80,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, September 2020: AED 55,000 a yearNew contract, March 2023: AED 87,000 a yearNew contract, April 2024: AED 89,751 a yearRenewal, April 2025: AED 90,000 a yearRenewal, April 2025: AED 90,000 a yearRenewal, April 2026: AED 90,000 a year

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 712 sits

All 108 1-beds →

712 last sold in March 2024 at AED 1,326 per sqft, 4% below what one-beds in Bays Edge were fetching at the time (AED 1,379). 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. 712's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Feb 20261,200,000
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
6 1-bed sales 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

712, Bays Edge in numbers

  • Sold twice: first on 11 June 2017 for AED 1,548,000, last on 7 March 2024 for AED 1,140,000 (AED 1,326 per sqft).
  • Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2020 and recovered to AED 90,000 by April 2026.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.9%.
  • 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 25 April 2026.

Questions about 712, Bays Edge

What did unit 712 last sell for?

AED 1,140,000 on 7 March 2024: AED 1,326 per sqft for 860 sqft. The unit has 2 registered sales; the first was AED 1,548,000 in June 2017.

What is the rent for unit 712?

AED 90,000 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 90,000; the unit has been rented since May 2018.

How big is unit 712?

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 712 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 712, Bays Edge

Starts from the last sale price (AED 1.14M, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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