1-bed · 845 sqftBays Edge, Business Bay · 8th floor · completed 2016

801, Bays Edge

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 1.36M17 September 2024
Current rentAED 69K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Bays Edge

What is 801 worth today?

Last sold for AED 1,355,000 in 2024

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15 Jan 2025RentedRenewal
AED 69,413/yr5 months · AED 82 per sqft
15 Jan 2025RentedRenewal
AED 69,413/yr5 months · AED 82 per sqft
17 Sep 2024SoldReady
AED 1,355,000AED 1,604 per sqft
15 Jan 2024RentedRenewal
AED 63,525/yr12 months · AED 75 per sqft
15 Jan 2023RentedRenewal
AED 60,500/yr12 months · AED 72 per sqft
15 Jan 2022RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
15 Jan 2021RentedNew contract
AED 53,000/yr12 months · AED 63 per sqft
22 Jun 2015Sold by developerOff-plan
AED 1,790,000AED 2,119 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
1-bed hotel apartment
Size
845 sqft
Floor
8th of 22
Parking
P1-55
Developer
DAMAC
Completed
2016
Last sold
AED 1.36M · September 2024
Building
Bays Edge

About 801, Bays Edge

801 is a one-bedroom hotel apartment of 845 sqft on the 8th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 17 September 2024 for AED 1,355,000, or AED 1,604 per sqft, 10% above the AED 1,452 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 69,413 a year: a gross yield of 5.1% on the 2024 price.

Sales and rents for 801 over time

Sales
Unit 801, 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 2015: AED 1,790,000 (AED 2,119 per sqft)Sold, September 2024: AED 1,355,000 (AED 1,604 per sqft)

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

Rents
Unit 801, 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, January 2021: AED 53,000 a yearNew contract, January 2022: AED 55,000 a yearRenewal, January 2023: AED 60,500 a yearRenewal, January 2024: AED 63,525 a yearRenewal, January 2025: AED 69,413 a yearRenewal, January 2025: AED 69,413 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 801 sits

All 108 1-beds →

801 last sold in September 2024 at AED 1,604 per sqft, 10% above what one-beds in Bays Edge were fetching at the time (AED 1,452). 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. 801's AED 69,413 is in the lower 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 8th floor

All 253 units in Bays Edge
Value
802StudioAED 842K · Dec 2013
8033-bedAED 1.5M · Sep 2021
8042-bedAED 2.05M · Aug 2024
8053-bedAED 3.4M · May 2024
8063-bedAED 4.24M · Apr 2016
8072-bedAED 2.09M · Jun 2013
8081-bedAED 1.74M · Dec 2014
1–7 of 11

801, Bays Edge in numbers

  • Sold twice: first on 22 June 2015 for AED 1,790,000, last on 17 September 2024 for AED 1,355,000 (AED 1,604 per sqft).
  • Rented since January 2021 on 6 Ejari contracts, from AED 53,000 to AED 69,413 a year.
  • At AED 69,413 a year the gross yield on the 2024 price is 5.1%.
  • 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 15 January 2025.

Questions about 801, Bays Edge

What did unit 801 last sell for?

AED 1,355,000 on 17 September 2024: AED 1,604 per sqft for 845 sqft. The unit has 2 registered sales; the first was AED 1,790,000 in June 2015.

What is the rent for unit 801?

AED 69,413 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 69,413; the unit has been rented since January 2021.

How big is unit 801?

845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 8th floor of a 22-storey tower completed in 2016.

What is unit 801 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 801, Bays Edge

Starts from the last sale price (AED 1.36M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,355,000
Deposit, UAE resident (20%)
AED 271,000
Deposit, non-resident (40%)
AED 542,000
Monthly over 25 years at 3.7%
AED 5,544

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