Studio · 408 sqftBayz Tower By Danube, Business Bay · 15th floor · completed 2021

1504, Bayz Tower By Danube

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 27 July 2024
Last soldAED 675K3 August 2017
Current rentAED 55K /yr27 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Bayz Tower By Danube

What is 1504 worth today?

Last sold for AED 675,000 in 2017

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27 Jul 2024RentedNew contract
AED 55,000/yr12 months · AED 134 per sqft
6 May 2023RentedNew contract
AED 48,000/yr12 months · AED 121 per sqft
4 Apr 2022RentedNew contract
AED 45,000/yr12 months · AED 110 per sqft
19 Apr 2021RentedNew contract
AED 34,500/yr12 months · AED 84 per sqft
3 Aug 2017Sold by developerOff-plan
AED 675,000AED 1,656 per sqft

Source: Dubai Land Department. Updated 27 July 2024.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
15th of 29
Parking
B2-65
Developer
Danube Properties Development
Completed
2021
Service charge
AED 7,100 /yr
Last sold
AED 675K · August 2017

About 1504, Bayz Tower By Danube

1504 is a studio of 408 sqft on the 15th floor of Bayz Tower By Danube, a 29-storey tower in Business Bay completed in 2021 by Danube Properties Development. The developer sold it on 3 August 2017 for AED 675,000, or AED 1,656 per sqft, in line with the AED 1,656 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 27 July 2024, is AED 55,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical studio in Bayz Tower By Danube
600K700K800K2017202020232026Typical sale price by year: 2017 AED 689,000; 2018 AED 710,000; 2019 AED 652,800; 2020 AED 645,920; 2021 AED 710,395; 2022 AED 592,500; 2023 AED 700,000; 2024 AED 727,500; 2025 AED 787,500; 2026 AED 755,000Sold by developer, August 2017: AED 675,000 (AED 1,656 per sqft)

1504 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in Bayz Tower By Danube
40K60K2021202320252027Typical rent by year: 2021 AED 45,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 54,000New contract, April 2021: AED 34,500 a yearNew contract, April 2022: AED 45,000 a yearNew contract, May 2023: AED 48,000 a yearNew contract, July 2024: 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 Bayz Tower By Danube, and where 1504 sits

All 264 studios →

1504 last sold in August 2017 at AED 1,656 per sqft, in line with what studios in Bayz Tower By Danube were fetching at the time (AED 1,656). Over the last 12 months studios sold for AED 680,000 to 920,000, around AED 1,865 per sqft, and rent for AED 20,000 to 87,500 a year. 1504's AED 55,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026690,000
28 Oct 2026820,800
27 Oct 2026760,000
8 Oct 2026720,000
27 studio sales in the last 12 months

Bayz Tower By Danube

Building

456 apartments, studios to 3-bed over 29 floors in Business Bay, completed in 2021 by Danube Properties Development. 35 sold in the last 12 months.

Typical price per sqft
AED 1,838 Up 3.5%
Typical sale
AED 800K
Typical rent
AED 62K /yr
Typical yield
6.4%
Bayz Tower By Danube, Business Bay: prices, sales and rents →

Other units on the 15th floor

All 456 units in Bayz Tower By Danube
Value
15012-bedAED 1.45M · Aug 2023
15021-bedAED 1.29M · May 2018
1503StudioAED 675K · Aug 2017
1505StudioAED 675K · Aug 2017
1506StudioAED 675K · Aug 2017
1507StudioAED 675K · Aug 2017
15081-bedAED 1.1M · Nov 2023
1–7 of 18

1504, Bayz Tower By Danube in numbers

  • Sold once: by Danube Properties Development on 3 August 2017 for AED 675,000, or AED 1,656 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 34,500 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 7,100 a year (AED 17.41 per sqft).
  • Studios in Bayz Tower By Danube sold for AED 680,000–920,000 in the 12 months to November 2026; the building's median across all types is AED 1,838 per sqft.

Source: Dubai Land Department. Updated 27 July 2024.

Questions about 1504, Bayz Tower By Danube

What did unit 1504 last sell for?

AED 675,000 on 3 August 2017, sold by the developer: AED 1,656 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 55,000 a year on the contract signed on 27 July 2024. The previous contract, from May 2023, was AED 48,000; the unit has been rented since April 2021.

How big is unit 1504?

408 sqft (37.9 sqm): a studio on the 15th floor of a 29-storey tower completed in 2021.

What is unit 1504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bayz Tower By Danube sold for AED 680,000 to 920,000 in the last 12 months, around AED 1,865 per sqft.

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Mortgage on 1504, Bayz Tower By Danube

Starts from the last sale price (AED 675K, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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