1202, Bays Edge
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Bays Edge
What is 1202 worth today?
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Source: Dubai Land Department. Updated 12 March 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 12th of 22
- Parking
- P2-38
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 732K · July 2013
- Building
- Bays Edge
About 1202, Bays Edge
1202 is a studio of 425 sqft on the 12th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 11 July 2013 for AED 731,500, or AED 1,723 per sqft, in line with the AED 1,734 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 12 March 2024, is AED 73,000 a year: a gross yield of 10.0% on the 2013 price.
Sales and rents for 1202 over time
1202 has sold once; the dashed line is the studio median of each year in the building.
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 1202 sits
All 69 studios →1202 last sold in July 2013 at AED 1,723 per sqft, in line with what studios in Bays Edge were fetching at the time (AED 1,734). 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. 1202's AED 73,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 426 sqft | 890,000 | 2,087 | ||
| 16 Feb 202616 February 2026 | 426 sqft | 850,000 | 1,994 | ||
| 4 Jul 20254 July 2025 | 425 sqft | 825,000 | 1,940 | ||
| 21 May 202521 May 2025 | 425 sqft | 850,000 | 2,002 |
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 12th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 844 sqft | AED 1.43MAED 1,432,200 · Jul 2013July 2013 | 90,000 /yr | |
| 1203 | 1-bed | 855 sqft | AED 1.27MAED 1,270,000 · Mar 2024March 2024 | 91,226 /yr | |
| 1204 | 1-bed | 860 sqft | AED 1.55MAED 1,549,000 · Jun 2017June 2017 | 86,500 /yr | |
| 1205 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 107,800 /yr | |
| 1206 | 1-bed | 874 sqft | AED 950KAED 950,000 · Jul 2019July 2019 | 105,000 /yr | |
| 1207 | 3-bed | 2,234 sqft | AED 3.94MAED 3,944,000 · Nov 2013November 2013 | 200,000 /yr | |
| 1208 | 2-bed | 1,254 sqft | AED 2.02MAED 2,019,000 · Jan 2025January 2025 | 195,000 /yr | |
| 1209 | 1-bed | 860 sqft | AED 1.48MAED 1,480,000 · Jul 2025July 2025 | 100,000 /yr | |
| 1210 | Studio | 426 sqft | AED 850KAED 850,000 · Feb 2026February 2026 | 72,000 /yr | |
| 1211 | Studio | 426 sqft | AED 790KAED 790,000 · Oct 2017October 2017 | 60,000 /yr | |
| 1212 | Studio | 425 sqft | AED 733KAED 732,900 · Jul 2013July 2013 | 70,000 /yr | |
| 1213 | 859 sqft | AED 1.5MAED 1,500,000 · Nov 2025November 2025 | 95,000 /yr | ||
| 1206A | 2-bed | 1,387 sqft | AED 1.8MAED 1,800,000 · Jun 2025June 2025 | 120,000 /yr |
1202, Bays Edge in numbers
- Sold once: by DAMAC on 11 July 2013 for AED 731,500, or AED 1,723 per sqft.
- Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 50,000 in 2019 and recovered to AED 73,000 by March 2024.
- At AED 73,000 a year the gross yield on the 2013 price is 10.0%.
- 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 12 March 2024.
Questions about 1202, Bays Edge
What did unit 1202 last sell for?
AED 731,500 on 11 July 2013, sold by the developer: AED 1,723 per sqft for 425 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 73,000 a year on the contract signed on 12 March 2024. The previous contract, from February 2023, was AED 62,000; the unit has been rented since July 2018.
How big is unit 1202?
425 sqft (39.5 sqm): a studio on the 12th floor of a 22-storey tower completed in 2016.
What is unit 1202 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 1202, Bays Edge
Starts from the last sale price (AED 732K, 11 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 731,500
- Deposit, UAE resident (20%)
- AED 146,300
- Deposit, non-resident (40%)
- AED 292,600
- Monthly over 25 years at 3.7%
- AED 2,993
Plus AED 35,733 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →