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

1308, Bays Edge

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1308 · DLD and Ejari recordsUpdated 12 September 2024

Last soldAED 1.85M12 September 2024

Current rentAED 110K /yr10 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1308, Bays Edge

Today

What is 1308 worth today?

Last sold for AED 1,850,000 in 2024

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12 Sep 2024

12 Sep 2024SoldReady

AED 1,850,000AED 1,474 per sqft

10 Aug 2022

10 Aug 2022RentedNew contract

AED 110,000/yr12 months · AED 88 per sqft

25 Mar 2021

25 Mar 2021RentedNew contract

AED 95,000/yr12 months · AED 75 per sqft

29 Mar 2018

29 Mar 2018SoldReady

AED 1,050,000AED 837 per sqft

11 Jul 2013

11 Jul 2013Sold by developerOff-plan

AED 2,090,200AED 1,666 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type: 2-bed hotel apartment
Size: 1,254 sqft
Floor: 13th of 22
Parking: P2-59
Developer: DAMAC
Completed: 2016
Last sold: AED 1.85M · September 2024
Building: Bays Edge

About 1308, Bays Edge

1308 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. It last sold on 12 September 2024 for AED 1,850,000, or AED 1,474 per sqft, in line with the AED 1,474 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 10 August 2022, is AED 110,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for 1308 over time

Sales

Unit 1308, each saleTypical two-bed in Bays Edge

1308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1308, each contractTypical two-bed in Bays Edge

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 1308 sits

All 61 2-beds →

Bays Edge · all types1,745 /sqft

1308 last sold in September 2024 at AED 1,474 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,474). 1308's AED 110,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
20 Jun 202520 June 2025	1,387 sqft	1,800,000	1,297
21 Apr 202521 April 2025	1,254 sqft	2,050,000	1,634
21 Feb 202521 February 2025	1,385 sqft	3,100,000	2,237
4 Feb 20254 February 2025	1,254 sqft	1,800,000	1,434

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


1301	1-bed	845 sqft	AED 1.23MAED 1,225,000 · May 2024May 2024	75,000 /yr
1302	Studio	425 sqft	AED 776KAED 775,600 · Jul 2013July 2013	70,000 /yr
1303	1-bed	855 sqft	AED 2MAED 2,000,000 · Jan 2026January 2026	87,764 /yr
1304	1-bed	860 sqft	AED 1.5MAED 1,500,000 · Sep 2024September 2024	90,000 /yr
1305	2-bed	1,254 sqft	AED 2.09MAED 2,090,200 · Jun 2013June 2013	120,000 /yr
1306	3-bed	2,261 sqft	AED 3.87MAED 3,871,000 · Jun 2013June 2013	200,000 /yr
1307	2-bed	1,386 sqft	AED 1.5MAED 1,500,000 · Sep 2019September 2019	130,000 /yr
1309	1-bed	860 sqft	AED 1.61MAED 1,611,000 · Dec 2013December 2013	90,000 /yr
1310	Studio	426 sqft	AED 885KAED 885,000 · Aug 2023August 2023	65,000 /yr
1311	Studio	426 sqft	AED 820KAED 820,000 · Aug 2017August 2017	54,574 /yr
1312	Studio	425 sqft	AED 1.12MAED 1,115,300 · Jun 2014June 2014	60,000 /yr
1313	1-bed	860 sqft	AED 1.46MAED 1,456,000 · Jul 2013July 2013	105,000 /yr
1307A		847 sqft	AED 1.53MAED 1,530,000 · Nov 2025November 2025	95,000 /yr

1–7 of 13

1308, Bays Edge in numbers

Sold 3 times: first on 11 July 2013 for AED 2,090,200, last on 12 September 2024 for AED 1,850,000 (AED 1,474 per sqft).
Rented since March 2021 on 2 Ejari contracts, from AED 95,000 to AED 110,000 a year.
At AED 110,000 a year the gross yield on the 2024 price is 5.9%.

Source: Dubai Land Department. Updated 12 September 2024.

Questions about 1308, Bays Edge

What did unit 1308 last sell for?

AED 1,850,000 on 12 September 2024: AED 1,474 per sqft for 1,254 sqft. The unit has 3 registered sales; the first was AED 2,090,200 in July 2013.

What is the rent for unit 1308?

AED 110,000 a year on the contract signed on 10 August 2022. The previous contract, from March 2021, was AED 95,000.

How big is unit 1308?

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 1308 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 1308, Bays Edge

Starts from the last sale price (AED 1.85M, 12 September 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,850,000
Deposit, UAE resident (20%): AED 370,000
Deposit, non-resident (40%): AED 740,000
Monthly over 25 years at 3.7%: AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →