1601, 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.
Property timeline for 1601, Bays Edge
What is 1601 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 845 sqft
- Floor
- 16th of 22
- Parking
- P3-01
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.48M · July 2013
- Building
- Bays Edge
About 1601, Bays Edge
1601 is a one-bedroom hotel apartment of 845 sqft on the 16th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 11 July 2013 for AED 1,476,750, or AED 1,748 per sqft, 4% above the AED 1,674 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 72,756 a year: a gross yield of 4.9% on the 2013 price.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the one-bed median of each year in the building.
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 1601 sits
All 108 1-beds →1601 last sold in July 2013 at AED 1,748 per sqft, 4% above 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 1,539 per sqft, and rent for AED 50,000 to 110,000 a year. 1601's AED 72,756 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Feb 202620 February 2026 | 855 sqft | 1,200,000 | 1,402 | ||
| 12 Jan 202612 January 2026 | 855 sqft | 2,000,000 | 2,338 | ||
| 6 Jan 20266 January 2026 | 845 sqft | 1,120,000 | 1,326 | ||
| 12 Dec 202512 December 2025 | 847 sqft | 1,420,000 | 1,676 |
Bays Edge
Building253 apartments, studios to 3-bed over 22 floors in Business Bay, completed in 2016 by DAMAC. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,711 Up 2.3%
- Typical sale
- AED 1.16M
- Typical rent
- AED 80K /yr
- Typical yield
- 6.5%
Other units on the 16th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | Studio | 425 sqft | AED 850KAED 850,000 · May 2025May 2025 | ||
| 1603 | 1-bed | 855 sqft | AED 1.2MAED 1,200,000 · Feb 2026February 2026 | 120,000 /yr | |
| 1604 | 1-bed | 860 sqft | AED 1.52MAED 1,521,500 · Jul 2013July 2013 | ||
| 1605 | 2-bed | 1,254 sqft | AED 1.8MAED 1,800,000 · Feb 2025February 2025 | 140,000 /yr | |
| 1606 | 1-bed | 874 sqft | AED 1.93MAED 1,927,550 · Dec 2014December 2014 | 72,000 /yr | |
| 1607 | 2-bed | 1,385 sqft | AED 2.36MAED 2,363,200 · Dec 2013December 2013 | ||
| 1608 | 2-bed | 1,254 sqft | AED 1.9MAED 1,900,000 · Dec 2023December 2023 | ||
| 1609 | 1-bed | 860 sqft | AED 1.61MAED 1,614,600 · Mar 2014March 2014 | 78,000 /yr | |
| 1610 | Studio | 426 sqft | AED 851KAED 851,200 · Jul 2013July 2013 | 56,030 /yr | |
| 1611 | Studio | 426 sqft | AED 851KAED 851,200 · Nov 2013November 2013 | 55,000 /yr | |
| 1612 | Studio | 425 sqft | AED 844KAED 843,600 · Jul 2013July 2013 | 68,000 /yr | |
| 1613 | 1-bed | 860 sqft | AED 820KAED 820,000 · Nov 2021November 2021 | ||
| 1606A | 2-bed | 1,385 sqft | AED 2.77MAED 2,771,000 · Jul 2017July 2017 | ||
| 1607A | 1-bed | 847 sqft | AED 1.5MAED 1,499,400 · Oct 2013October 2013 | 74,586 /yr |
1601, Bays Edge in numbers
- Sold once: by DAMAC on 11 July 2013 for AED 1,476,750, or AED 1,748 per sqft.
- Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2020 and recovered to AED 72,756 by November 2024.
- At AED 72,756 a year the gross yield on the 2013 price is 4.9%.
- 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 1,711 per sqft.
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 1601, Bays Edge
What did unit 1601 last sell for?
AED 1,476,750 on 11 July 2013, sold by the developer: AED 1,748 per sqft for 845 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 72,756 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 66,150; the unit has been rented since March 2017.
How big is unit 1601?
845 sqft (78.5 sqm): a one-bedroom hotel apartment on the 16th floor of a 22-storey tower completed in 2016.
What is unit 1601 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 1,539 per sqft.
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Mortgage on 1601, Bays Edge
Starts from the last sale price (AED 1.48M, 11 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,476,750
- Deposit, UAE resident (20%)
- AED 295,350
- Deposit, non-resident (40%)
- AED 590,700
- Monthly over 25 years at 3.7%
- AED 6,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →