510, Bays Edge
Sold prices and rental history: sold twice, last in September 2024, 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 510, Bays Edge
What is 510 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 426 sqft
- Floor
- 5th of 22
- Parking
- P1-21
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 880K · September 2024
- Building
- Bays Edge
About 510, Bays Edge
510 is a studio of 426 sqft on the 5th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 11 September 2024 for AED 880,000, or AED 2,064 per sqft, 7% above the AED 1,935 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 18 May 2023, is AED 65,000 a year: a gross yield of 7.4% on the 2024 price.
Sales and rents for 510 over time
510 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 510 sits
All 69 studios →510 last sold in September 2024 at AED 2,064 per sqft, 7% above what studios in Bays Edge were fetching at the time (AED 1,935). 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. 510's AED 65,000 is in the lower 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 | |
| 502 | Studio | 425 sqft | AED 675KAED 675,000 · Nov 2023November 2023 | 78,000 /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 | ||
| 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 |
510, Bays Edge in numbers
- Sold twice: first on 14 July 2013 for AED 761,600, last on 11 September 2024 for AED 880,000 (AED 2,064 per sqft).
- Rented since May 2017 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2022 and recovered to AED 65,000 by May 2023.
- At AED 65,000 a year the gross yield on the 2024 price is 7.4%.
- 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: YallaValue analysis of Dubai Land Department records. Updated 11 September 2024.
Questions about 510, Bays Edge
What did unit 510 last sell for?
AED 880,000 on 11 September 2024: AED 2,064 per sqft for 426 sqft. The unit has 2 registered sales; the first was AED 761,600 in July 2013.
What is the rent for unit 510?
AED 65,000 a year on the contract signed on 18 May 2023. The previous contract, from April 2022, was AED 46,000; the unit has been rented since May 2017.
How big is unit 510?
426 sqft (39.6 sqm): a studio on the 5th floor of a 22-storey tower completed in 2016.
What is unit 510 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 510, Bays Edge
Starts from the last sale price (AED 880K, 11 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus AED 41,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →