Bay’s Edge
✓ Resale Available

Bay’s Edge

From AED 2.99M·Completed Sep 2017·100% down payment Payment
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AED 2.99M
Starting Price
Sep 2017
Handover
100% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Bay's Edge is an upscale project located in Business Bay, Dubai. The 22-storey tower with a curved façade was developed by DAMAC Properties and is managed by DAMAC Maison, a well-known company in the hotel business. The Bay's Edge property collection comprises 220 residential units: studios and 1-3 bedroom apartments. All residences are fully furnished and feature stylish interiors, balconies and panoramic windows overlooking the landscaped pool. The complex offers modern facilities and services: 24-hour maintenance, large swimming pool with bar, temperature-controlled children's pool, equipped gym, separate wellness centres for men and women, high-speed lifts, play area for children, security and video surveillance, car parking and valet service. Bay's Edge is located in the business district of Dubai, with hotels, high-rise residential complexes, offices and infrastructure facilities on both sides of the water canal. The area is adjacent to Downtown Dubai, where major tourist attractions such as Dubai Mall, the Burj Khalifa skyscraper with fountains, Dubai Opera Theatre and Burj Park are concentrated. Near Bay's Edge, a variety of restaurants, cafes, shops, as well as South Ridge Park and Dubai Water Canal Walk are presented.

Project Specifications
DeveloperDamac Properties
LocationBusiness Bay
Unit Types2 BR, Apartments
AreaBusiness Bay
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 128,846 / year
Cash-on-Cash
1.8%
Levered cashflow AED 30,308
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 194,090 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Bay’s Edge launch basis3,318AED 2.99MCurrent launch / asking basis
Business Bay ready-stock comps1,900AED 1.71MIndicative resale benchmark
Business Bay premium peer launches2,350AED 2.12MNew-launch peer set
Trophy alternative proxy2,950AED 2.65MHigher-end anchor for negotiation context

Gallery

Bay’s Edge — View 2
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Bay’s Edge official render 1

Bay’s Edge official render 1

Bay’s Edge official render 2

Bay’s Edge official render 2

Bay’s Edge official render 3

Bay’s Edge official render 3

Bay’s Edge official render 4

Bay’s Edge official render 4

Bay’s Edge official render 5

Bay’s Edge official render 5

Bay’s Edge official render 6

Bay’s Edge official render 6

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

100% down payment

Flexible Payment

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Amenities & Lifestyle

Children’s pool
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lift
Lobby
Retail outlets
Security and CCTV
Shared Pool
Shared gym & fitness
Social zone
Valet parking

Location

Business Bay

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Business BayBusiness BayDubai, UAE

Developer Track Record

01

Bay’s Edge by Damac Properties

02

Located in Business Bay

03

Starting from AED 2,986,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Sep 2017

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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