502, Bays Edge
Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Bays Edge
What is 502 worth today?
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Source: Dubai Land Department. Updated 5 March 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 5th of 22
- Parking
- P1-10
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 675K · November 2023
- Building
- Bays Edge
About 502, Bays Edge
502 is a studio of 425 sqft on the 5th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 2 November 2023 for AED 675,000, or AED 1,589 per sqft, 10% below the AED 1,771 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 5 March 2025, is AED 78,000 a year: a gross yield of 11.6% on the 2023 price.
Sales and rents for 502 over time
502 has sold twice; 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 502 sits
All 69 studios →502 last sold in November 2023 at AED 1,589 per sqft, 10% below what studios in Bays Edge were fetching at the time (AED 1,771). 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. 502's AED 78,000 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 5th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 845 sqft | AED 1.12MAED 1,120,000 · Jan 2026January 2026 | 84,000 /yr | |
| 503 | 1-bed | 855 sqft | AED 1.54MAED 1,540,000 · Jun 2017June 2017 | 115,000 /yr | |
| 504 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 144,000 /yr | |
| 505 | 1-bed | 874 sqft | AED 1.7MAED 1,700,000 · Mar 2017March 2017 | 75,000 /yr | |
| 506 | 2-bed | 1,385 sqft | AED 2.51MAED 2,506,000 · Dec 2013December 2013 | ||
| 507 | 2-bed | 1,254 sqft | AED 2.09MAED 2,090,200 · Jul 2013July 2013 | 135,000 /yr | |
| 508 | 1-bed | 860 sqft | AED 1.13MAED 1,125,000 · Oct 2023October 2023 | 95,000 /yr | |
| 509 | Studio | 426 sqft | AED 762KAED 761,600 · Jul 2013July 2013 | ||
| 510 | Studio | 426 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | 65,000 /yr | |
| 511 | Studio | 425 sqft | AED 755KAED 755,300 · Jul 2013July 2013 | 63,000 /yr | |
| 512 | 1-bed | 860 sqft | AED 1.82MAED 1,820,000 · Jan 2015January 2015 | 95,000 /yr | |
| 503A | 1-bed | 860 sqft | AED 970KAED 970,000 · Nov 2022November 2022 | 70,000 /yr | |
| 505A | 2-bed | 1,385 sqft | AED 2.05MAED 2,054,000 · Nov 2016November 2016 | 155,000 /yr | |
| 506a | 1-bed | 847 sqft | AED 1.85MAED 1,852,500 · Mar 2014March 2014 | 90,000 /yr |
502, Bays Edge in numbers
- Sold twice: first on 30 July 2013 for AED 753,200, last on 2 November 2023 for AED 675,000 (AED 1,589 per sqft).
- Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 21,000 in 2020 and recovered to AED 78,000 by March 2025.
- At AED 78,000 a year the gross yield on the 2023 price is 11.6%.
- 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 5 March 2025.
Questions about 502, Bays Edge
What did unit 502 last sell for?
AED 675,000 on 2 November 2023: AED 1,589 per sqft for 425 sqft. The unit has 2 registered sales; the first was AED 753,200 in July 2013.
What is the rent for unit 502?
AED 78,000 a year on the contract signed on 5 March 2025. The previous contract, from December 2023, was AED 68,000; the unit has been rented since October 2017.
How big is unit 502?
425 sqft (39.5 sqm): a studio on the 5th floor of a 22-storey tower completed in 2016.
What is unit 502 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 502, Bays Edge
Starts from the last sale price (AED 675K, 2 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus AED 33,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →