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2-bed · 1,254 sqftBays Edge, Business Bay · 8th floor · completed 2016

807, Bays Edge

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

Unit 807 · DLD and Ejari recordsUpdated 16 December 2023
Last soldAED 2.09M26 June 2013
Current rentAED 84K /yr16 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 807, Bays Edge

What is 807 worth today?

Last sold for AED 2,090,200 in 2013

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16 Dec 2023RentedRenewal
AED 84,000/yr1 months · AED 67 per sqft
16 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 72 per sqft
16 Dec 2021RentedNew contract
AED 90,000/yr12 months · AED 72 per sqft
2 Aug 2021RentedNew contract
AED 108,000/yr3 months · AED 86 per sqft
1 Jul 2020RentedRenewal
AED 84,000/yr12 months · AED 67 per sqft
1 Jul 2019RentedNew contract
AED 98,000/yr12 months · AED 78 per sqft
1 May 2018RentedRenewal
AED 127,000/yr12 months · AED 101 per sqft
1 May 2017RentedNew contract
AED 135,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 16 December 2023.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
8th of 22
Parking
P1-61
Developer
DAMAC
Completed
2016
Last sold
AED 2.09M · June 2013
Building
Bays Edge

About 807, Bays Edge

807 is a two-bedroom hotel apartment of 1,254 sqft on the 8th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 26 June 2013 for AED 2,090,200, or AED 1,666 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 16 December 2023, is AED 84,000 a year: a gross yield of 4.0% on the 2013 price.

Sales and rents for 807 over time

Sales
Unit 807, 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, June 2013: AED 2,090,200 (AED 1,666 per sqft)

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

Rents
Unit 807, 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, May 2017: AED 135,000 a yearRenewal, May 2018: AED 127,000 a yearNew contract, July 2019: AED 98,000 a yearRenewal, July 2020: AED 84,000 a yearNew contract, August 2021: AED 108,000 a yearNew contract, December 2021: AED 90,000 a yearRenewal, December 2022: AED 90,000 a yearRenewal, December 2023: AED 84,000 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 807 sits

All 61 2-beds →

807 last sold in June 2013 at AED 1,666 per sqft, in line with what two-beds in Bays Edge were fetching at the time (AED 1,666). 807's AED 84,000 is at the bottom 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 8th floor

All 253 units in Bays Edge
Value
8011-bedAED 1.36M · Sep 2024
802StudioAED 842K · Dec 2013
8033-bedAED 1.5M · Sep 2021
8042-bedAED 2.05M · Aug 2024
8053-bedAED 3.4M · May 2024
8063-bedAED 4.24M · Apr 2016
8081-bedAED 1.74M · Dec 2014
1–7 of 11

807, Bays Edge in numbers

  • Sold once: by DAMAC on 26 June 2013 for AED 2,090,200, or AED 1,666 per sqft.
  • Rented since May 2017 on 8 Ejari contracts, from AED 135,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2013 price is 4.0%.

Source: Dubai Land Department. Updated 16 December 2023.

Questions about 807, Bays Edge

What did unit 807 last sell for?

AED 2,090,200 on 26 June 2013, sold by the developer: AED 1,666 per sqft for 1,254 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 84,000 a year on the contract renewed on 16 December 2023. The previous contract, from December 2022, was AED 90,000; the unit has been rented since May 2017.

How big is unit 807?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 8th floor of a 22-storey tower completed in 2016.

What is unit 807 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 807, Bays Edge

Starts from the last sale price (AED 2.09M, 26 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,200
Deposit, UAE resident (20%)
AED 418,040
Deposit, non-resident (40%)
AED 836,080
Monthly over 25 years at 3.7%
AED 8,552

Plus AED 92,798 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →