1612, Bays Edge
Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Bays Edge
What is 1612 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 425 sqft
- Floor
- 16th of 22
- Parking
- P3-16
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 844K · July 2013
- Building
- Bays Edge
About 1612, Bays Edge
1612 is a studio of 425 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 14 July 2013 for AED 843,600, or AED 1,984 per sqft, 12% above the AED 1,774 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 October 2025, is AED 68,000 a year: a gross yield of 8.1% on the 2013 price.
Sales and rents for 1612 over time
1612 has sold once; the dashed line is the studio median of each year in the building.
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 1612 sits
All 70 studios →1612 last sold in July 2013 at AED 1,984 per sqft, 12% above what studios in Bays Edge were fetching at the time (AED 1,774). 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. 1612's AED 68,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202610 July 2026 | 426 sqft | 1,044,480 | 2,451 | ||
| 18 Feb 202618 February 2026 | 426 sqft | 890,000 | 2,087 | ||
| 16 Feb 202616 February 2026 | 426 sqft | 850,000 | 1,994 | ||
| 8 Oct 20258 October 2025 | 425 sqft | 850,000 | 2,002 |
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 | |
| 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 | |
| 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 |
1612, Bays Edge in numbers
- Sold once: by DAMAC on 14 July 2013 for AED 843,600, or AED 1,984 per sqft.
- Rented since December 2018 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2020 and recovered to AED 68,000 by October 2025.
- At AED 68,000 a year the gross yield on the 2013 price is 8.1%.
- 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 1 October 2025.
Questions about 1612, Bays Edge
What did unit 1612 last sell for?
AED 843,600 on 14 July 2013, sold by the developer: AED 1,984 per sqft for 425 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 68,000 a year on the contract signed on 1 October 2025. The previous contract, from August 2024, was AED 65,000; the unit has been rented since December 2018.
How big is unit 1612?
425 sqft (39.5 sqm): a studio on the 16th floor of a 22-storey tower completed in 2016.
What is unit 1612 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 1612, Bays Edge
Starts from the last sale price (AED 844K, 14 July 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 843,600
- Deposit, UAE resident (20%)
- AED 168,720
- Deposit, non-resident (40%)
- AED 337,440
- Monthly over 25 years at 3.7%
- AED 3,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →