2-bed · 1,254 sqftBays Edge, Business Bay · 16th floor · completed 2016

1608, Bays Edge

Sold prices and rental history: sold twice, last in December 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 1.9M20 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Bays Edge

What is 1608 worth today?

Last sold for AED 1,900,000 in 2023

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20 Dec 2023SoldReady
AED 1,900,000AED 1,514 per sqft
17 Jul 2013Sold by developerOff-plan
AED 2,090,200AED 1,666 per sqft

Source: Dubai Land Department. Updated 20 December 2023.

Key facts

Type
2-bed hotel apartment
Size
1,254 sqft
Floor
16th of 22
Parking
P3-12
Developer
DAMAC
Completed
2016
Last sold
AED 1.9M · December 2023
Building
Bays Edge

About 1608, Bays Edge

1608 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 20 December 2023 for AED 1,900,000, or AED 1,514 per sqft, 8% above the AED 1,403 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1608 over time

Sales
Unit 1608, 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 2,090,200 (AED 1,666 per sqft)Sold, December 2023: AED 1,900,000 (AED 1,514 per sqft)

1608 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1608, 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 130,000

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 1608 sits

All 62 2-beds →

1608 last sold in December 2023 at AED 1,514 per sqft, 8% above what two-beds in Bays Edge were fetching at the time (AED 1,403). 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.

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
16052-bedAED 1.8M · Feb 2025
16061-bedAED 1.93M · Dec 2014
16072-bedAED 2.36M · Dec 2013
1–7 of 14

1608, Bays Edge in numbers

  • Sold twice: first on 17 July 2013 for AED 2,090,200, last on 20 December 2023 for AED 1,900,000 (AED 1,514 per sqft).
  • 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 20 December 2023.

Questions about 1608, Bays Edge

What did unit 1608 last sell for?

AED 1,900,000 on 20 December 2023: AED 1,514 per sqft for 1,254 sqft. The unit has 2 registered sales; the first was AED 2,090,200 in July 2013.

How big is unit 1608?

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 1608 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.

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Mortgage on 1608, Bays Edge

Starts from the last sale price (AED 1.9M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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