Studio · 425 sqftBays Edge, Business Bay · 11th floor · completed 2016

1112, Bays Edge

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1112 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 840K14 May 2017
Current rentAED 60K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1112, Bays Edge

What is 1112 worth today?

Last sold for AED 840,000 in 2017

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30 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 141 per sqft
30 Sep 2023RentedNew contract
AED 60,000/yr12 months · AED 141 per sqft
15 Sep 2022RentedRenewal
AED 39,000/yr12 months · AED 91 per sqft
15 Sep 2021RentedNew contract
AED 37,000/yr12 months · AED 86 per sqft
25 Sep 2020RentedNew contract
AED 34,000/yr12 months · AED 79 per sqft
14 Jul 2018RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
1 Jun 2017RentedNew contract
AED 75,000/yr12 months · AED 174 per sqft
14 May 2017SoldReady
AED 840,000AED 1,975 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
Studio hotel apartment
Size
425 sqft
Floor
11th of 22
Parking
P2-35
Developer
DAMAC
Completed
2016
Last sold
AED 840K · May 2017
Building
Bays Edge

About 1112, Bays Edge

1112 is a studio of 425 sqft on the 11th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 14 May 2017 for AED 840,000, or AED 1,975 per sqft, 6% above the AED 1,862 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 30 September 2024, is AED 60,000 a year: a gross yield of 7.1% on the 2017 price.

Sales and rents for 1112 over time

Sales
Unit 1112, each saleTypical studio in Bays Edge
600K800K20132016201920222025Typical sale price by year: 2013 AED 784,000; 2014 AED 851,200; 2016 AED 792,500; 2017 AED 830,000; 2018 AED 655,000; 2019 AED 675,000; 2021 AED 590,000; 2022 AED 715,000; 2023 AED 735,000; 2024 AED 870,000Sold by developer, September 2013: AED 777,000 (AED 1,827 per sqft)Sold, May 2017: AED 840,000 (AED 1,975 per sqft)

1112 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1112, each contractTypical studio in Bays Edge
40K60K80K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 55,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 51,100; 2023 AED 62,000; 2024 AED 64,000; 2025 AED 64,000; 2026 AED 57,405New contract, June 2017: AED 75,000 a yearNew contract, July 2018: AED 55,000 a yearNew contract, September 2020: AED 34,000 a yearNew contract, September 2021: AED 37,000 a yearRenewal, September 2022: AED 39,000 a yearNew contract, September 2023: AED 60,000 a yearNew contract, September 2024: AED 60,000 a year

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

Studios in Bays Edge, and where 1112 sits

All 69 studios →

1112 last sold in May 2017 at AED 1,975 per sqft, 6% above what studios in Bays Edge were fetching at the time (AED 1,862). Over the last 12 months studios sold for AED 850,000 to 890,000, around AED 2,041 per sqft, and rent for AED 54,308 to 79,500 a year. 1112's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 2026890,000
16 Feb 2026850,000
4 Jul 2025825,000
21 May 2025850,000
2 studio 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. 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%
Bays Edge, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 253 units in Bays Edge
Value
11011-bedAED 1.43M · Jul 2013
1102StudioAED 575K · Nov 2021
11031-bedAED 1.31M · Feb 2025
11041-bedAED 1.47M · Feb 2025
11052-bedAED 2.09M · Aug 2013
11063-bedAED 3.99M · Nov 2013
11073-bedAED 3.94M · Nov 2014
1–7 of 12

1112, Bays Edge in numbers

  • Sold twice: first on 12 September 2013 for AED 777,000, last on 14 May 2017 for AED 840,000 (AED 1,975 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 34,000 in 2020 and recovered to AED 60,000 by September 2024.
  • At AED 60,000 a year the gross yield on the 2017 price is 7.1%.
  • Studios in Bays Edge sold for AED 850,000–890,000 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 30 September 2024.

Questions about 1112, Bays Edge

What did unit 1112 last sell for?

AED 840,000 on 14 May 2017: AED 1,975 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 777,000 in September 2013.

What is the rent for unit 1112?

AED 60,000 a year on the contract signed on 30 September 2024. The previous contract, from September 2023, was AED 60,000; the unit has been rented since June 2017.

How big is unit 1112?

425 sqft (39.5 sqm): a studio on the 11th floor of a 22-storey tower completed in 2016.

What is unit 1112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bays Edge sold for AED 850,000 to 890,000 in the last 12 months, around AED 2,041 per sqft.

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Mortgage on 1112, Bays Edge

Starts from the last sale price (AED 840K, 14 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →