Studio · 468 sqftBayz Tower By Danube, Business Bay · 15th floor · completed 2021

1511, Bayz Tower By Danube

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 815K9 October 2024
Current rentAED 68K /yr12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Bayz Tower By Danube

What is 1511 worth today?

Last sold for AED 815,000 in 2024

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12 Dec 2024RentedNew contract
AED 68,000/yr12 months · AED 145 per sqft
22 Oct 2024RentedNew contract
AED 55,125/yr12 months · AED 118 per sqft
9 Oct 2024SoldReady
AED 815,000AED 1,740 per sqft
12 Dec 2023RentedRenewal
AED 55,128/yr12 months · AED 118 per sqft
11 Feb 2023RentedNew contract
AED 47,098/yr10 months · AED 101 per sqft
30 Jan 2023SoldReady
AED 670,000AED 1,430 per sqft
12 Dec 2022RentedRenewal
AED 52,500/yr12 months · AED 112 per sqft
12 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
Studio apartment
Size
468 sqft
Floor
15th of 29
Parking
B2-69
Developer
Danube Properties Development
Completed
2021
Service charge
AED 8,200 /yr
Last sold
AED 815K · October 2024

About 1511, Bayz Tower By Danube

1511 is a studio of 468 sqft on the 15th floor of Bayz Tower By Danube, a 29-storey tower in Business Bay completed in 2021 by Danube Properties Development. It last sold on 9 October 2024 for AED 815,000, or AED 1,740 per sqft, in line with the AED 1,719 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 12 December 2024, is AED 68,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 8,200 a year.

Sales and rents for 1511 over time

Sales
Unit 1511, each saleTypical studio in Bayz Tower By Danube
600K800K2017202020232026Typical 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, September 2021: AED 726,750 (AED 1,551 per sqft)Sold, January 2023: AED 670,000 (AED 1,430 per sqft)Sold, October 2024: AED 815,000 (AED 1,740 per sqft)

1511 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1511, each contractTypical studio in Bayz Tower By Danube
60K2021202320252027Typical 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, December 2021: AED 50,000 a yearRenewal, December 2022: AED 52,500 a yearNew contract, February 2023: AED 47,098 a yearRenewal, December 2023: AED 55,128 a yearNew contract, October 2024: AED 55,125 a yearNew contract, December 2024: AED 68,000 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 1511 sits

All 264 studios →

1511 last sold in October 2024 at AED 1,740 per sqft, in line with what studios in Bayz Tower By Danube were fetching at the time (AED 1,719). 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. 1511's AED 68,000 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
1504StudioAED 675K · Aug 2017
1505StudioAED 675K · Aug 2017
1506StudioAED 675K · Aug 2017
1507StudioAED 675K · Aug 2017
1–7 of 18

1511, Bayz Tower By Danube in numbers

  • Sold 3 times: first on 5 September 2021 for AED 726,750, last on 9 October 2024 for AED 815,000 (AED 1,740 per sqft).
  • Rented since December 2021 on 6 Ejari contracts, from AED 50,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 8,200 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 12 December 2024.

Questions about 1511, Bayz Tower By Danube

What did unit 1511 last sell for?

AED 815,000 on 9 October 2024: AED 1,740 per sqft for 468 sqft. The unit has 3 registered sales; the first was AED 726,750 in September 2021.

What is the rent for unit 1511?

AED 68,000 a year on the contract signed on 12 December 2024. The previous contract, from October 2024, was AED 55,125; the unit has been rented since December 2021.

How big is unit 1511?

468 sqft (43.5 sqm): a studio on the 15th floor of a 29-storey tower completed in 2021.

What is unit 1511 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 1511, Bayz Tower By Danube

Starts from the last sale price (AED 815K, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 815,000
Deposit, UAE resident (20%)
AED 163,000
Deposit, non-resident (40%)
AED 326,000
Monthly over 25 years at 3.7%
AED 3,334

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