Studio · 426 sqftBays Edge, Business Bay · 16th floor · completed 2016

1611, Bays Edge

Sold prices and rental history: sold once, by the developer in November 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1611 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 851K27 November 2013
Current rentAED 55K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1611, Bays Edge

What is 1611 worth today?

Last sold for AED 851,200 in 2013

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25 Sep 2026RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
3 Aug 2024RentedRenewal
AED 78,000/yr12 months · AED 181 per sqft
3 Aug 2023RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
11 Jul 2022RentedNew contract
AED 68,000/yr12 months · AED 158 per sqft
17 May 2020RentedRenewal
AED 48,000/yr12 months · AED 111 per sqft
17 May 2019RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
1 May 2017RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
27 Nov 2013Sold by developerOff-plan
AED 851,200AED 1,996 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio hotel apartment
Size
426 sqft
Floor
16th of 22
Parking
P3-15
Developer
DAMAC
Completed
2016
Last sold
AED 851K · November 2013
Building
Bays Edge

About 1611, Bays Edge

1611 is a studio of 426 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 November 2013 for AED 851,200, or AED 1,996 per sqft, 9% above the AED 1,833 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 25 September 2026, is AED 55,000 a year: a gross yield of 6.5% on the 2013 price.

Sales and rents for 1611 over time

Sales
Unit 1611, each saleTypical studio in Bays Edge
600K800K2013201720212025Typical sale price by year: 2013 AED 784,000; 2014 AED 851,200; 2016 AED 792,500; 2017 AED 830,000; 2018 AED 655,000; 2019 AED 667,500; 2021 AED 590,000; 2022 AED 715,000; 2023 AED 735,000; 2024 AED 870,000; 2025 AED 850,000; 2026 AED 890,000Sold by developer, November 2013: AED 851,200 (AED 1,996 per sqft)

1611 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1611, each contractTypical studio in Bays Edge
40K60K80K2017202020232026Typical rent by year: 2017 AED 65,000; 2018 AED 60,000; 2019 AED 54,500; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 64,000; 2025 AED 65,000; 2026 AED 56,015New contract, May 2017: AED 72,000 a yearNew contract, May 2019: AED 55,000 a yearRenewal, May 2020: AED 48,000 a yearNew contract, July 2022: AED 68,000 a yearNew contract, August 2023: AED 72,000 a yearRenewal, August 2024: AED 78,000 a yearNew contract, September 2026: AED 55,000 a year

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

Studios in Bays Edge, and where 1611 sits

All 70 studios →

1611 last sold in November 2013 at AED 1,996 per sqft, 9% above what studios in Bays Edge were fetching at the time (AED 1,833). Over the last 12 months studios sold for AED 850,000 to 1,044,480, around AED 2,087 per sqft, and rent for AED 40,000 to 80,000 a year. 1611's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jul 20261,044,480
18 Feb 2026890,000
16 Feb 2026850,000
8 Oct 2025850,000
3 studio sales 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

1611, Bays Edge in numbers

  • Sold once: by DAMAC on 27 November 2013 for AED 851,200, or AED 1,996 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 48,000 in 2020 and recovered to AED 55,000 by September 2026.
  • At AED 55,000 a year the gross yield on the 2013 price is 6.5%.
  • Studios in Bays Edge sold for AED 850,000–1,044,480 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 1611, Bays Edge

What did unit 1611 last sell for?

AED 851,200 on 27 November 2013, sold by the developer: AED 1,996 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 1611?

AED 55,000 a year on the contract signed on 25 September 2026. The previous contract, from August 2024, was AED 78,000; the unit has been rented since May 2017.

How big is unit 1611?

426 sqft (39.6 sqm): a studio on the 16th floor of a 22-storey tower completed in 2016.

What is unit 1611 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bays Edge sold for AED 850,000 to 1,044,480 in the last 12 months, around AED 2,087 per sqft.

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Mortgage on 1611, Bays Edge

Starts from the last sale price (AED 851K, 27 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 851,200
Deposit, UAE resident (20%)
AED 170,240
Deposit, non-resident (40%)
AED 340,480
Monthly over 25 years at 3.7%
AED 3,483

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