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THE EDGE

Apartment 1 BR DAMAC Properties

BELOW MARKET

Total Price

1,360,000

Rate

2,369 AED/sqft

Size

574 sqft

Comparable sales

View area trends

Rental context

Comparable 1-bedroom apartments in Business Bay rent for a median of 85,000/yr across 191 Ejari contracts in the last two years.

Median annual rent
85,000
Sale price (this txn)
1,360,000
Implied gross yield
6.3%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 2,369 AED/sqft, below market compared with the median of comparable apartment sales in Business Bay.

  • Comparable median: 2,476 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −4.3%.
  • Gifts and mortgages excluded.
highOff-Plan

Location context

Business Bay · DAMAC Properties

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open THE EDGE on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
THE EDGE, Business Bay
Sale date
01 May 2026
Procedure
Sell - Pre registration · Off-Plan · arm's-length
DLD ref
DLD-1-102-2026-41341
DLD AED/sqm
25,511(our derived AED/sqft: 2,369)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-102-2026-41341
instance_date
2026-05-01
area_name_en
Business Bay
master_project_en
Business Bay
project_name_en
The EDGE
building_name_en
THE EDGE
property_type_en
Apartment
rooms
1 BR
size_sqft
574
actual_worth
AED 1,360,000
meter_sale_price
25,511 AED/sqm
procedure_name_en
Sell - Pre registration
reg_type_en
Off-Plan Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Downtown Dubai
nearest_metro_en
Business Bay Metro Station
nearest_mall_en
Dubai Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗