1-bed · 425 sqftBays Edge, Business Bay · 8th floor · completed 2016

811, Bays Edge

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

Unit 811 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 733K14 July 2013
Current rentAED 65K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Bays Edge

What is 811 worth today?

Last sold for AED 732,900 in 2013

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15 Dec 2024RentedNew contract
AED 64,652/yr12 months · AED 152 per sqft
1 Feb 2022RentedRenewal
AED 40,131/yr12 months · AED 93 per sqft
1 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 81 per sqft
2 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 151 per sqft
2 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 153 per sqft
14 Jul 2013Sold by developerOff-plan
AED 732,900AED 1,723 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed hotel apartment
Size
425 sqft
Floor
8th of 22
Parking
P1-67
Developer
DAMAC
Completed
2016
Last sold
AED 733K · July 2013
Building
Bays Edge

About 811, Bays Edge

811 is a one-bedroom hotel apartment of 425 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 14 July 2013 for AED 732,900, or AED 1,723 per sqft, in line with the AED 1,674 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 December 2024, is AED 64,652 a year: a gross yield of 8.8% on the 2013 price.

Sales and rents for 811 over time

Sales
Unit 811, 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, July 2013: AED 732,900 (AED 1,723 per sqft)

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

Rents
Unit 811, each contractTypical one-bed in Bays Edge
50K100K2017202020232026Typical 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, November 2017: AED 65,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, February 2021: AED 35,000 a yearRenewal, February 2022: AED 40,131 a yearNew contract, December 2024: AED 64,652 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 811 sits

All 101 1-beds →

811 last sold in July 2013 at AED 1,723 per sqft, in line with what one-beds in Bays Edge were fetching at the time (AED 1,674). 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. 811's AED 64,652 is at the bottom 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 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
8072-bedAED 2.09M · Jun 2013
1–7 of 11

811, Bays Edge in numbers

  • Sold once: by DAMAC on 14 July 2013 for AED 732,900, or AED 1,723 per sqft.
  • Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 64,652 by December 2024.
  • At AED 64,652 a year the gross yield on the 2013 price is 8.8%.
  • 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 15 December 2024.

Questions about 811, Bays Edge

What did unit 811 last sell for?

AED 732,900 on 14 July 2013, sold by the developer: AED 1,723 per sqft for 425 sqft. It is the only registered sale of the unit.

What is the rent for unit 811?

AED 64,652 a year on the contract signed on 15 December 2024. The previous contract, from February 2022, was AED 40,131; the unit has been rented since November 2017.

How big is unit 811?

425 sqft (39.5 sqm): a one-bedroom hotel apartment on the 8th floor of a 22-storey tower completed in 2016.

What is unit 811 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 811, Bays Edge

Starts from the last sale price (AED 733K, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 732,900
Deposit, UAE resident (20%)
AED 146,580
Deposit, non-resident (40%)
AED 293,160
Monthly over 25 years at 3.7%
AED 2,999

Plus AED 35,792 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →