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1-bed · 845 sqftBays Edge, Business Bay · 5th floor · completed 2016

501, Bays Edge

Sold prices and rental history: sold 3 times, last in January 2026, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 6 January 2026
Last soldAED 1.12M6 January 2026
Current rentAED 84K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Bays Edge

What is 501 worth today?

Last sold for AED 1,120,000 in 2026

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6 Jan 2026SoldReady
AED 1,120,000AED 1,325 per sqft
1 Jun 2025RentedRenewal
AED 84,000/yr12 months · AED 100 per sqft
13 May 2025SoldReady
AED 1,450,000AED 1,716 per sqft
15 Sep 2017RentedNew contract
AED 88,000/yr12 months · AED 105 per sqft
31 Oct 2013Sold by developerOff-plan
AED 1,521,500AED 1,801 per sqft

Source: Dubai Land Department. Updated 6 January 2026.

Key facts

Type
1-bed hotel apartment
Size
845 sqft
Floor
5th of 22
Parking
P1-09
Developer
DAMAC
Completed
2016
Last sold
AED 1.12M · January 2026
Building
Bays Edge

About 501, Bays Edge

501 is a one-bedroom hotel apartment of 845 sqft on the 5th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 6 January 2026 for AED 1,120,000, or AED 1,325 per sqft, 23% below the AED 1,710 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 84,000 a year: a gross yield of 7.5% on the 2026 price.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Bays Edge
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,548,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000Sold by developer, October 2013: AED 1,521,500 (AED 1,801 per sqft)Sold, May 2025: AED 1,450,000 (AED 1,716 per sqft)Sold, January 2026: AED 1,120,000 (AED 1,325 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in Bays Edge
75K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 92,000; 2026 AED 105,000New contract, September 2017: AED 88,000 a yearRenewal, June 2025: AED 84,000 a year

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

1-beds in Bays Edge, and where 501 sits

All 101 1-beds →

501 last sold in January 2026 at AED 1,325 per sqft, 23% below what one-beds in Bays Edge were fetching at the time (AED 1,710). Over the last 12 months one-beds sold for AED 434,000 to 2,000,000, around AED 1,676 per sqft, and rent for AED 89,000 to 110,000 a year. 501's AED 84,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20262,000,000
12 Dec 20251,420,000
4 Jul 20251,480,000
17 Jun 20251,500,000
5 1-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 5th floor

All 253 units in Bays Edge
Value
502StudioAED 675K · Nov 2023
5031-bedAED 1.54M · Jun 2017
5042-bedAED 2.09M · Jul 2013
5051-bedAED 1.7M · Mar 2017
5062-bedAED 2.51M · Dec 2013
5072-bedAED 2.09M · Jul 2013
5081-bedAED 1.13M · Oct 2023
1–7 of 14

501, Bays Edge in numbers

  • Sold 3 times: first on 31 October 2013 for AED 1,521,500, last on 6 January 2026 for AED 1,120,000 (AED 1,325 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, from AED 88,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2026 price is 7.5%.
  • One-beds in Bays Edge sold for AED 434,000–2,000,000 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 6 January 2026.

Questions about 501, Bays Edge

What did unit 501 last sell for?

AED 1,120,000 on 6 January 2026: AED 1,325 per sqft for 845 sqft. The unit has 3 registered sales; the first was AED 1,521,500 in October 2013.

What is the rent for unit 501?

AED 84,000 a year on the contract renewed on 1 June 2025. The previous contract, from September 2017, was AED 88,000.

How big is unit 501?

845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 5th floor of a 22-storey tower completed in 2016.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bays Edge sold for AED 434,000 to 2,000,000 in the last 12 months, around AED 1,676 per sqft.

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Mortgage on 501, Bays Edge

Starts from the last sale price (AED 1.12M, 6 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

Plus AED 52,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →