Unit 502, Bay's Edge: what it sold for and what it is worth now

Unit 502 at Bay's Edge is a studio of 425 sq ft. It last sold for AED 675,000 on 2 Nov 2023. At AED 2,089 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 888,000 today.

Value todayAED 888,000AED 850,000 to AED 898,000
Last saleAED 675,0002 Nov 2023 · Resale
Change since last sale+31.6%Building trend alone: AED 810,943
Rent (median asking, studio)AED 60,000Gross yield 6.8%
Bedroomsstudio
Size425 sq ft
Floor5 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingBay's Edge by DAMAC Properties, handed over 2016
Registered sales of this unit1

Every registered sale of unit 502

DatePriceSizeAED/sq ftType
2 Nov 2023AED 675,000425 sq ft1,588Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
19028 Oct 2025AED 850,000425 sq ft2,000Resale
160221 May 2025AED 850,000425 sq ft2,000Resale
180223 Apr 2024AED 960,000425 sq ft2,259Resale
160228 Oct 2022AED 350,000425 sq ft824Resale
110210 Nov 2021AED 575,000425 sq ft1,353Resale

Latest studio sales in Bay's Edge

UnitDatePriceSizeAED/sq ftType
50910 Jul 2026AED 1,044,480426 sq ft2,452Resale
211118 Feb 2026AED 890,000426 sq ft2,089Resale
121016 Feb 2026AED 850,000426 sq ft1,995Resale
19028 Oct 2025AED 850,000425 sq ft2,000Resale
7105 Aug 2025AED 900,000426 sq ft2,113Resale
21124 Jul 2025AED 825,000425 sq ft1,941Resale
160221 May 2025AED 850,000425 sq ft2,000Resale
60920 Nov 2024AED 850,000426 sq ft1,995Resale

How we worked out the value

We took the 5 sales in Bay's Edge in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,089). We multiplied it by the size of this unit (425 sq ft). The range uses the middle half of those sales (AED 2,000 to AED 2,113 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 810,943. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Jul 2026, from the Dubai Land Department register.

Questions

What is unit 502 at Bay's Edge worth?

About AED 888,000 (range AED 850,000 to AED 898,000), based on AED 2,089 per sq ft from registered sales up to 10 Jul 2026.

When did unit 502 last sell?

2 Nov 2023, for AED 675,000 (resale). It has 1 registered sale.

What rent can unit 502 make?

A studio in Bay's Edge rents for about AED 60,000 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for Bay's EdgeAll sales in Bay's Edge

Unit 501 · Unit 503A