Home
Dubai prices
About
Research
2-bed · 1,254 sqftBays Edge, Business Bay · 16th floor · completed 2016

1605, Bays Edge

Sold prices and rental history: sold twice, last in February 2025, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 1.8M4 February 2025
Current rentAED 140K /yr28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1605

Property timeline for 1605, Bays Edge

What is 1605 worth today?

Last sold for AED 1,800,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Feb 2025SoldReady
AED 1,800,000AED 1,434 per sqft
28 Feb 2023RentedNew contract
AED 140,000/yr12 months · AED 111 per sqft
16 Jul 2021RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
1 Oct 2018RentedNew contract
AED 115,000/yr12 months · AED 91 per sqft
11 Jul 2013Sold by developerOff-plan
AED 2,089,600AED 1,665 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
16th of 22
Parking
P3-07
Developer
DAMAC
Completed
2016
Last sold
AED 1.8M · February 2025
Building
Bays Edge

About 1605, Bays Edge

1605 is a two-bedroom hotel apartment of 1,254 sqft on the 16th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 4 February 2025 for AED 1,800,000, or AED 1,434 per sqft, 7% below the AED 1,542 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 28 February 2023, is AED 140,000 a year: a gross yield of 7.8% on the 2025 price.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Bays Edge
2M3M2013201720212025Typical sale price by year: 2013 AED 2,090,200; 2014 AED 2,562,200; 2016 AED 2,849,680; 2017 AED 2,771,000; 2019 AED 1,460,000; 2022 AED 1,450,000; 2023 AED 1,850,000; 2025 AED 1,909,500Sold by developer, July 2013: AED 2,089,600 (AED 1,665 per sqft)Sold, February 2025: AED 1,800,000 (AED 1,434 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Bays Edge
100K125K2017202020232026Typical rent by year: 2017 AED 132,200; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 113,000; 2023 AED 130,000; 2024 AED 134,125; 2025 AED 140,000; 2026 AED 130,000New contract, October 2018: AED 115,000 a yearNew contract, July 2021: AED 85,000 a yearNew contract, February 2023: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bays Edge, and where 1605 sits

All 62 2-beds →

1605 last sold in February 2025 at AED 1,434 per sqft, 7% below what two-beds in Bays Edge were fetching at the time (AED 1,542). Over the last 12 months two-beds sold for AED 1,815,000, around AED 1,446 per sqft, and rent for AED 100,000 to 195,000 a year. 1605's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Mar 20261,815,000
11 Sep 20251,800,000
20 Jun 20251,800,000
21 Apr 20252,050,000
1 2-bed sale 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. 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%
Bays Edge, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 253 units in Bays Edge
Value
16011-bedAED 1.48M · Jul 2013
1602StudioAED 850K · May 2025
16031-bedAED 1.2M · Feb 2026
16041-bedAED 1.52M · Jul 2013
16061-bedAED 1.93M · Dec 2014
16072-bedAED 2.36M · Dec 2013
16082-bedAED 1.9M · Dec 2023
1–7 of 14

1605, Bays Edge in numbers

  • Sold twice: first on 11 July 2013 for AED 2,089,600, last on 4 February 2025 for AED 1,800,000 (AED 1,434 per sqft).
  • Rented since October 2018 on 3 Ejari contracts. The rent fell from AED 115,000 to AED 85,000 in 2021 and recovered to AED 140,000 by February 2023.
  • At AED 140,000 a year the gross yield on the 2025 price is 7.8%.
  • Two-beds in Bays Edge sold for AED 1,815,000–1,815,000 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 4 February 2025.

Questions about 1605, Bays Edge

What did unit 1605 last sell for?

AED 1,800,000 on 4 February 2025: AED 1,434 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 2,089,600 in July 2013.

What is the rent for unit 1605?

AED 140,000 a year on the contract signed on 28 February 2023. The previous contract, from July 2021, was AED 85,000; the unit has been rented since October 2018.

How big is unit 1605?

1,254 sqft (116.5 sqm): a two-bedroom hotel apartment on the 16th floor of a 22-storey tower completed in 2016.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bays Edge sold for AED 1,815,000 to 1,815,000 in the last 12 months, around AED 1,446 per sqft.

Selling 1605? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1605, Bays Edge

Starts from the last sale price (AED 1.8M, 4 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →