1001, Bays Edge
Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Bays Edge
What is 1001 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 845 sqft
- Floor
- 10th of 22
- Parking
- P2-09
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.52M · June 2017
- Building
- Bays Edge
About 1001, Bays Edge
1001 is a one-bedroom hotel apartment of 845 sqft on the 10th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 11 June 2017 for AED 1,521,000, or AED 1,800 per sqft, in line with the AED 1,801 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 23 September 2024, is AED 95,000 a year: a gross yield of 6.3% on the 2017 price.
Sales and rents for 1001 over time
1001 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 1001 sits
All 101 1-beds →1001 last sold in June 2017 at AED 1,800 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,801). Over the last 12 months one-beds sold for AED 434,000 to 2,000,000, around AED 1,676 per sqft, and rent for AED 89,000 to 110,000 a year. 1001's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 855 sqft | 2,000,000 | 2,338 | ||
| 6 Jan 20266 January 2026 | 845 sqft | 1,120,000 | 1,325 | ||
| 12 Dec 202512 December 2025 | 847 sqft | 1,420,000 | 1,676 | ||
| 4 Jul 20254 July 2025 | 860 sqft | 1,480,000 | 1,720 |
Bays Edge
Building253 apartments, studios to 3-bed over 22 floors in Business Bay, completed in 2016 by DAMAC. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,745
- Typical sale
- AED 1.12M
- Typical rent
- AED 98K /yr
- Typical yield
- 6.4%
Other units on the 10th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | Studio | 425 sqft | AED 828KAED 828,410 · Sep 2014September 2014 | 65,730 /yr | |
| 1003 | 1-bed | 855 sqft | AED 1.5MAED 1,500,000 · Jun 2025June 2025 | 144,000 /yr | |
| 1004 | 860 sqft | AED 434KAED 434,000 · Nov 2025November 2025 | 66,150 /yr | ||
| 1005 | 2-bed | 1,254 sqft | AED 710KAED 710,000 · Aug 2019August 2019 | 110,000 /yr | |
| 1006 | 1-bed | 874 sqft | AED 1.86MAED 1,857,480 · Mar 2014March 2014 | 90,000 /yr | |
| 1007 | 2-bed | 1,385 sqft | AED 1.5MAED 1,500,000 · Feb 2022February 2022 | 100,000 /yr | |
| 1008 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 140,000 /yr | |
| 1009 | 1-bed | 860 sqft | AED 895KAED 895,000 · Dec 2020December 2020 | 85,000 /yr | |
| 1010 | Studio | 426 sqft | AED 715KAED 715,000 · Jan 2022January 2022 | 65,000 /yr | |
| 1011 | Studio | 426 sqft | AED 1.05MAED 1,050,000 · Jul 2024July 2024 | 73,000 /yr | |
| 1012 | Studio | 425 sqft | AED 365KAED 365,000 · Mar 2023March 2023 | 80,000 /yr | |
| 1013 | 1-bed | 860 sqft | AED 1.2MAED 1,200,000 · May 2024May 2024 | 88,000 /yr | |
| 1006A | 2-bed | 1,385 sqft | AED 2.86MAED 2,864,000 · Nov 2016November 2016 | ||
| 1007A | 847 sqft | AED 1.35MAED 1,350,000 · Mar 2025March 2025 | 83,000 /yr |
1001, Bays Edge in numbers
- Sold once: by DAMAC on 11 June 2017 for AED 1,521,000, or AED 1,800 per sqft.
- Rented since September 2023 on 2 Ejari contracts, from AED 85,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2017 price is 6.3%.
- 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 1,745 per sqft.
Source: Dubai Land Department. Updated 23 September 2024.
Questions about 1001, Bays Edge
What did unit 1001 last sell for?
AED 1,521,000 on 11 June 2017, sold by the developer: AED 1,800 per sqft for 845 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 95,000 a year on the contract renewed on 23 September 2024. The previous contract, from September 2023, was AED 85,000.
How big is unit 1001?
845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 10th floor of a 22-storey tower completed in 2016.
What is unit 1001 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 1,676 per sqft.
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Mortgage on 1001, Bays Edge
Starts from the last sale price (AED 1.52M, 11 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,521,000
- Deposit, UAE resident (20%)
- AED 304,200
- Deposit, non-resident (40%)
- AED 608,400
- Monthly over 25 years at 3.7%
- AED 6,223
Plus AED 68,892 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →