3-bed · 1,720 sqftBays Edge, Business Bay · 9th floor · completed 2016

903, Bays Edge

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 6 July 2023
Last soldAED 2.2M6 July 2023
Current rentAED 150K /yr20 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Bays Edge

What is 903 worth today?

Last sold for AED 2,200,000 in 2023

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6 Jul 2023SoldReady
AED 2,200,000AED 1,279 per sqft
20 Feb 2022RentedNew contract
AED 150,000/yr12 months · AED 87 per sqft
7 Nov 2020RentedRenewal
AED 115,000/yr12 months · AED 67 per sqft
7 Nov 2019RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
19 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
25 Aug 2013Sold by developerOff-plan
AED 2,865,800AED 1,666 per sqft

Source: Dubai Land Department. Updated 6 July 2023.

Key facts

Type
3-bed hotel apartment
Size
1,720 sqft
Floor
9th of 22
Parking
P1-71
Developer
DAMAC
Completed
2016
Last sold
AED 2.2M · July 2023
Building
Bays Edge

About 903, Bays Edge

903 is a three-bedroom hotel apartment of 1,720 sqft on the 9th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 6 July 2023 for AED 2,200,000, or AED 1,279 per sqft.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 20 February 2022, is AED 150,000 a year: a gross yield of 6.8% on the 2023 price.

Sales and rents for 903 over time

Rents
Unit 903, each contractTypical three-bed in Bays Edge
100K150K200K2018202120242027Typical rent by year: 2018 AED 140,000; 2019 AED 130,000; 2020 AED 112,500; 2021 AED 110,000; 2022 AED 150,000; 2023 AED 160,000; 2024 AED 200,000; 2025 AED 205,000; 2026 AED 192,500New contract, September 2018: AED 130,000 a yearNew contract, November 2019: AED 130,000 a yearRenewal, November 2020: AED 115,000 a yearNew contract, February 2022: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bays Edge, and where 903 sits

All 13 3-beds →

903's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Jul 20252,898,932
21 May 20243,400,000
2 Jan 20232,920,000
20 May 20222,421,000
0 3-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 9th floor

All 253 units in Bays Edge
Value
9011-bedAED 2.1M · Aug 2014
902StudioAED 745K · Apr 2018
9042-bedAED 97K · Mar 2022
9051-bedAED 1.68M · Dec 2013
9062-bedAED 3.37M · Aug 2014
9072-bedAED 2.28M · Dec 2013
9081-bedAED 1.44M · Jul 2013
1–7 of 13

903, Bays Edge in numbers

  • Sold twice: first on 25 August 2013 for AED 2,865,800, last on 6 July 2023 for AED 2,200,000 (AED 1,279 per sqft).
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 130,000 to AED 115,000 in 2020 and recovered to AED 150,000 by February 2022.
  • At AED 150,000 a year the gross yield on the 2023 price is 6.8%.

Source: Dubai Land Department. Updated 6 July 2023.

Questions about 903, Bays Edge

What did unit 903 last sell for?

AED 2,200,000 on 6 July 2023: AED 1,279 per sqft for 1,720 sqft. The unit has 2 registered sales; the first was AED 2,865,800 in August 2013.

What is the rent for unit 903?

AED 150,000 a year on the contract signed on 20 February 2022. The previous contract, from November 2020, was AED 115,000; the unit has been rented since September 2018.

How big is unit 903?

1,720 sqft (159.8 sqm): a three-bedroom hotel apartment on the 9th floor of a 22-storey tower completed in 2016.

What is unit 903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 903, Bays Edge

Starts from the last sale price (AED 2.2M, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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