1-bed · 874 sqftBays Edge, Business Bay · 7th floor · completed 2016

705, Bays Edge

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 1.64M19 December 2013
Current rentAED 91K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Bays Edge

What is 705 worth today?

Last sold for AED 1,636,200 in 2013

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12 Sep 2025RentedRenewal
AED 91,000/yr12 months · AED 104 per sqft
12 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 103 per sqft
5 Nov 2023RentedRenewal
AED 82,085/yr10 months · AED 94 per sqft
5 Oct 2018RentedNew contract
AED 90,000/yr12 months · AED 103 per sqft
1 Aug 2017RentedNew contract
AED 95,000/yr12 months · AED 109 per sqft
19 Dec 2013Sold by developerOff-plan
AED 1,636,200AED 1,872 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
1-bed hotel apartment
Size
874 sqft
Floor
7th of 22
Parking
P1-45
Developer
DAMAC
Completed
2016
Last sold
AED 1.64M · December 2013
Building
Bays Edge

About 705, Bays Edge

705 is a one-bedroom hotel apartment of 874 sqft on the 7th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 19 December 2013 for AED 1,636,200, or AED 1,872 per sqft, 9% above the AED 1,717 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 12 September 2025, is AED 91,000 a year: a gross yield of 5.6% on the 2013 price.

Sales and rents for 705 over time

Sales
Unit 705, 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, December 2013: AED 1,636,200 (AED 1,872 per sqft)

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

Rents
Unit 705, 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, August 2017: AED 95,000 a yearNew contract, October 2018: AED 90,000 a yearRenewal, November 2023: AED 82,085 a yearRenewal, September 2024: AED 90,000 a yearRenewal, September 2025: AED 91,000 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 705 sits

All 101 1-beds →

705 last sold in December 2013 at AED 1,872 per sqft, 9% above what one-beds in Bays Edge were fetching at the time (AED 1,717). 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. 705's AED 91,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
4 Jul 20251,480,000
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 7th floor

All 253 units in Bays Edge
Value
7011-bedAED 1.36M · Sep 2024
702StudioAED 800K · Aug 2017
7031-bedAED 1.79M · Dec 2014
7042-bedAED 2.09M · Sep 2013
7062-bedAED 2.86M · Sep 2014
7072-bedAED 2.09M · Jul 2013
7081-bedAED 1.74M · Mar 2014
1–7 of 14

705, Bays Edge in numbers

  • Sold once: by DAMAC on 19 December 2013 for AED 1,636,200, or AED 1,872 per sqft.
  • Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 82,085 in 2023 and recovered to AED 91,000 by September 2025.
  • At AED 91,000 a year the gross yield on the 2013 price is 5.6%.
  • 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 12 September 2025.

Questions about 705, Bays Edge

What did unit 705 last sell for?

AED 1,636,200 on 19 December 2013, sold by the developer: AED 1,872 per sqft for 874 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 91,000 a year on the contract renewed on 12 September 2025. The previous contract, from September 2024, was AED 90,000; the unit has been rented since August 2017.

How big is unit 705?

874 sqft (81.2 sqm): a one-bedroom hotel apartment on the 7th floor of a 22-storey tower completed in 2016.

What is unit 705 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 705, Bays Edge

Starts from the last sale price (AED 1.64M, 19 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,636,200
Deposit, UAE resident (20%)
AED 327,240
Deposit, non-resident (40%)
AED 654,480
Monthly over 25 years at 3.7%
AED 6,694

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →