Studio · 407 sqftBayz Tower By Danube, Business Bay · 15th floor · completed 2021

1516, Bayz Tower By Danube

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1516

Unit 1516 · DLD and Ejari recordsUpdated 1 May 2025

Last soldAED 650K21 November 2019

Current rentAED 52K /yr1 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1516

Property timeline for 1516, Bayz Tower By Danube

Today

What is 1516 worth today?

Last sold for AED 650,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2025

1 May 2025RentedRenewal

AED 52,369/yr12 months · AED 129 per sqft

1 May 2025

1 May 2025RentedRenewal

AED 52,369/yr12 months · AED 129 per sqft

1 May 2024

1 May 2024RentedRenewal

AED 49,875/yr12 months · AED 122 per sqft

1 May 2023

1 May 2023RentedRenewal

AED 47,500/yr12 months · AED 117 per sqft

1 May 2022

1 May 2022RentedNew contract

AED 45,000/yr12 months · AED 110 per sqft

21 Nov 2019

21 Nov 2019Sold by developerOff-plan

AED 650,000AED 1,595 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type: Studio apartment
Size: 407 sqft
Floor: 15th of 29
Parking: B2-73
Developer: Danube Properties Development
Completed: 2021
Service charge: AED 7,100 /yr
Last sold: AED 650K · November 2019
Building: Bayz Tower By Danube

About 1516, Bayz Tower By Danube

1516 is a studio of 407 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 21 November 2019 for AED 650,000, or AED 1,595 per sqft, in line with the AED 1,626 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 52,369 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1516 over time

Sales

Unit 1516, each saleTypical studio in Bayz Tower By Danube

1516 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 1516, each contractTypical studio in Bayz Tower By Danube

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 1516 sits

All 264 studios →

Studios in Bayz Tower By Danube · last 12 months1,865 /sqft Bayz Tower By Danube · all types1,838 /sqft

1516 last sold in November 2019 at AED 1,595 per sqft, in line with what studios in Bayz Tower By Danube were fetching at the time (AED 1,626). 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. 1516's AED 52,369 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	408 sqft	690,000	1,691
28 Oct 202628 October 2026	407 sqft	820,800	2,016
27 Oct 202627 October 2026	407 sqft	760,000	1,865
8 Oct 20268 October 2026	407 sqft	720,000	1,767

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


1501	2-bed	1,125 sqft	AED 1.45MAED 1,450,000 · Aug 2023August 2023	132,000 /yr
1502	1-bed	873 sqft	AED 1.29MAED 1,290,000 · May 2018May 2018	94,000 /yr
1503	Studio	408 sqft	AED 675KAED 675,000 · Aug 2017August 2017	46,000 /yr
1504	Studio	408 sqft	AED 675KAED 675,000 · Aug 2017August 2017	55,000 /yr
1505	Studio	408 sqft	AED 675KAED 675,000 · Aug 2017August 2017	50,000 /yr
1506	Studio	408 sqft	AED 675KAED 675,000 · Aug 2017August 2017	45,000 /yr
1507	Studio	408 sqft	AED 675KAED 675,000 · Aug 2017August 2017	63,000 /yr
1508	1-bed	810 sqft	AED 1.1MAED 1,100,000 · Nov 2023November 2023	110,000 /yr
1509	3-bed	1,350 sqft	AED 1.78MAED 1,777,545 · Dec 2021December 2021
1510	1-bed	837 sqft	AED 1.26MAED 1,256,000 · Jan 2018January 2018	72,000 /yr
1511	Studio	468 sqft	AED 815KAED 815,000 · Oct 2024October 2024	68,000 /yr
1512	Studio	408 sqft	AED 709KAED 709,000 · Dec 2017December 2017	48,000 /yr
1513	1-bed	786 sqft	AED 1.14MAED 1,141,066 · Aug 2025August 2025	70,000 /yr
1514	Studio	407 sqft	AED 821KAED 820,800 · Oct 2026October 2026	59,000 /yr
1515	Studio	407 sqft	AED 650KAED 650,000 · Nov 2019November 2019	58,800 /yr
1517	Studio	407 sqft	AED 600KAED 600,000 · Sep 2022September 2022	60,000 /yr
1518	1-bed	545 sqft	AED 905KAED 905,000 · Jul 2017July 2017	78,000 /yr
1519	2-bed	1,147 sqft	AED 1.42MAED 1,415,500 · Jun 2021June 2021	100,000 /yr

1–7 of 18

1516, Bayz Tower By Danube in numbers

Sold once: by Danube Properties Development on 21 November 2019 for AED 650,000, or AED 1,595 per sqft.
Rented since May 2022 on 5 Ejari contracts, from AED 45,000 to AED 52,369 a year.
At AED 52,369 a year the gross yield on the 2019 price is 8.1%, 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 1 May 2025.

Questions about 1516, Bayz Tower By Danube

What did unit 1516 last sell for?

AED 650,000 on 21 November 2019, sold by the developer: AED 1,595 per sqft for 407 sqft. It is the only registered sale of the unit.

What is the rent for unit 1516?

AED 52,369 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 52,369; the unit has been rented since May 2022.

How big is unit 1516?

407 sqft (37.8 sqm): a studio on the 15th floor of a 29-storey tower completed in 2021.

What is unit 1516 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.

Selling 1516? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1516, Bayz Tower By Danube

Starts from the last sale price (AED 650K, 21 November 2019). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

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