2-bed · 1,254 sqftBays Edge, Business Bay · 17th floor · completed 2016

1705, Bays Edge

Sold prices and rental history: sold once, by the developer in October 2014, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 2.96M7 October 2014
Current rentAED 158K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Bays Edge

What is 1705 worth today?

Last sold for AED 2,964,950 in 2014

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1 Nov 2024RentedNew contract
AED 158,426/yr12 months · AED 126 per sqft
7 Oct 2014Sold by developerOff-plan
AED 2,964,950AED 2,363 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
17th of 22
Parking
P3-22
Developer
DAMAC
Completed
2016
Last sold
AED 2.96M · October 2014
Building
Bays Edge

About 1705, Bays Edge

1705 is a two-bedroom hotel apartment of 1,254 sqft on the 17th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 7 October 2014 for AED 2,964,950, or AED 2,363 per sqft, 24% above the AED 1,912 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2024. The current contract, signed on 1 November 2024, is AED 158,426 a year: a gross yield of 5.3% on the 2014 price.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, October 2014: AED 2,964,950 (AED 2,363 per sqft)

1705 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1705, each contractTypical two-bed in Bays Edge
100K150K2017202020232026Typical 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, November 2024: AED 158,426 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 1705 sits

All 61 2-beds →

1705 last sold in October 2014 at AED 2,363 per sqft, 24% above what two-beds in Bays Edge were fetching at the time (AED 1,912). 1705's AED 158,426 is in the lower half 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 17th floor

All 253 units in Bays Edge
Value
17011-bedAED 1.81M · Apr 2014
1702StudioAED 815K · May 2017
17031-bedAED 1.75M · Apr 2014
17041-bedAED 1.48M · Apr 2014
17063-bedAED 3.99M · Dec 2013
17073-bedAED 4M · Oct 2013
17082-bedAED 2.55M · Mar 2014
1–7 of 12

1705, Bays Edge in numbers

  • Sold once: by DAMAC on 7 October 2014 for AED 2,964,950, or AED 2,363 per sqft.
  • Rented since November 2024 on one Ejari contract, at AED 158,426 a year.
  • At AED 158,426 a year the gross yield on the 2014 price is 5.3%.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1705, Bays Edge

What did unit 1705 last sell for?

AED 2,964,950 on 7 October 2014, sold by the developer: AED 2,363 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 1705?

AED 158,426 a year on the contract signed on 1 November 2024.

How big is unit 1705?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 17th floor of a 22-storey tower completed in 2016.

What is unit 1705 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 1705, Bays Edge

Starts from the last sale price (AED 2.96M, 7 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,964,950
Deposit, UAE resident (20%)
AED 592,990
Deposit, non-resident (40%)
AED 1,185,980
Monthly over 25 years at 3.7%
AED 12,131

Plus AED 129,538 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →