2-bed · 1,254 sqftBays Edge, Business Bay · 13th floor · completed 2016

1305, Bays Edge

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 2.09M27 June 2013
Current rentAED 120K /yr21 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Bays Edge

What is 1305 worth today?

Last sold for AED 2,090,200 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 May 2024RentedRenewal
AED 120,000/yr12 months · AED 95 per sqft
21 May 2023RentedNew contract
AED 120,000/yr12 months · AED 95 per sqft
22 Oct 2022RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
28 Sep 2021RentedRenewal
AED 96,000/yr12 months · AED 76 per sqft
28 Sep 2020RentedNew contract
AED 87,600/yr12 months · AED 70 per sqft
9 Dec 2018RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
13 Apr 2017RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft
27 Jun 2013Sold by developerOff-plan
AED 2,090,200AED 1,666 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
13th of 22
Parking
P2-55
Developer
DAMAC
Completed
2016
Last sold
AED 2.09M · June 2013
Building
Bays Edge

About 1305, Bays Edge

1305 is a two-bedroom hotel apartment of 1,254 sqft on the 13th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 27 June 2013 for AED 2,090,200, or AED 1,666 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 21 May 2024, is AED 120,000 a year: a gross yield of 5.7% on the 2013 price.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical two-bed in Bays Edge
2M3M2013201720212025Typical sale price by year: 2013 AED 2,090,200; 2014 AED 2,562,200; 2016 AED 2,835,360; 2017 AED 2,771,000; 2019 AED 1,460,000; 2022 AED 1,450,000; 2023 AED 1,850,000; 2025 AED 2,019,000Sold by developer, June 2013: AED 2,090,200 (AED 1,666 per sqft)

1305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in Bays Edge
100K125K2017202020232026Typical rent by year: 2017 AED 132,200; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 134,125; 2025 AED 140,000; 2026 AED 137,500New contract, April 2017: AED 135,000 a yearNew contract, December 2018: AED 105,000 a yearNew contract, September 2020: AED 87,600 a yearRenewal, September 2021: AED 96,000 a yearNew contract, October 2022: AED 130,000 a yearNew contract, May 2023: AED 120,000 a yearRenewal, May 2024: AED 120,000 a year

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

2-beds in Bays Edge, and where 1305 sits

All 61 2-beds →

1305 last sold in June 2013 at AED 1,666 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,666). 1305's AED 120,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20251,800,000
21 Apr 20252,050,000
21 Feb 20253,100,000
4 Feb 20251,800,000
0 2-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. 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 13th floor

All 253 units in Bays Edge
Value
13011-bedAED 1.23M · May 2024
1302StudioAED 776K · Jul 2013
13031-bedAED 2M · Jan 2026
13041-bedAED 1.5M · Sep 2024
13063-bedAED 3.87M · Jun 2013
13072-bedAED 1.5M · Sep 2019
13082-bedAED 1.85M · Sep 2024
1–7 of 13

1305, Bays Edge in numbers

  • Sold once: by DAMAC on 27 June 2013 for AED 2,090,200, or AED 1,666 per sqft.
  • Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 87,600 in 2020 and recovered to AED 120,000 by May 2024.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.7%.

Source: Dubai Land Department. Updated 21 May 2024.

Questions about 1305, Bays Edge

What did unit 1305 last sell for?

AED 2,090,200 on 27 June 2013, sold by the developer: AED 1,666 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 1305?

AED 120,000 a year on the contract renewed on 21 May 2024. The previous contract, from May 2023, was AED 120,000; the unit has been rented since April 2017.

How big is unit 1305?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 13th floor of a 22-storey tower completed in 2016.

What is unit 1305 worth today?

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

Selling 1305? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1305, Bays Edge

Starts from the last sale price (AED 2.09M, 27 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,200
Deposit, UAE resident (20%)
AED 418,040
Deposit, non-resident (40%)
AED 836,080
Monthly over 25 years at 3.7%
AED 8,552

Plus AED 92,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →