1606, Bays Edge
Sold prices and rental history: sold once, by the developer in December 2014, 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 1606, Bays Edge
What is 1606 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 874 sqft
- Floor
- 16th of 22
- Parking
- P3-08
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1.93M · December 2014
- Building
- Bays Edge
About 1606, Bays Edge
1606 is a one-bedroom hotel apartment of 874 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 27 December 2014 for AED 1,927,550, or AED 2,206 per sqft, 7% above the AED 2,057 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 25 September 2026, is AED 72,000 a year: a gross yield of 3.7% on the 2014 price.
Sales and rents for 1606 over time
1606 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 1606 sits
All 108 1-beds →1606 last sold in December 2014 at AED 2,206 per sqft, 7% above what one-beds in Bays Edge were fetching at the time (AED 2,057). 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. 1606's AED 72,000 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 | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 845 sqft | AED 1.48MAED 1,476,750 · Jul 2013July 2013 | 72,756 /yr | |
| 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 | |
| 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 |
1606, Bays Edge in numbers
- Sold once: by DAMAC on 27 December 2014 for AED 1,927,550, or AED 2,206 per sqft.
- Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 72,000 by September 2026.
- At AED 72,000 a year the gross yield on the 2014 price is 3.7%.
- 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 25 September 2026.
Questions about 1606, Bays Edge
What did unit 1606 last sell for?
AED 1,927,550 on 27 December 2014, sold by the developer: AED 2,206 per sqft for 874 sqft. It is the only registered sale of the unit.
What is the rent for unit 1606?
AED 72,000 a year on the contract signed on 25 September 2026. The previous contract, from August 2025, was AED 92,000; the unit has been rented since October 2017.
How big is unit 1606?
874 sqft (81.2 sqm): a one-bedroom hotel apartment on the 16th floor of a 22-storey tower completed in 2016.
What is unit 1606 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 1606, Bays Edge
Starts from the last sale price (AED 1.93M, 27 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,927,550
- Deposit, UAE resident (20%)
- AED 385,510
- Deposit, non-resident (40%)
- AED 771,020
- Monthly over 25 years at 3.7%
- AED 7,886
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →