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2-bed · 1,125 sqftBayz Tower By Danube, Business Bay · 16th floor · completed 2021

1601, Bayz Tower By Danube

Sold prices and rental history: sold once, by the developer in May 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.43M29 May 2018
Current rentAED 115K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1601, Bayz Tower By Danube

What is 1601 worth today?

Last sold for AED 1,434,500 in 2018

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1 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 103 per sqft
10 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 89 per sqft
13 Feb 2022RentedNew contract
AED 95,000/yr12 months · AED 85 per sqft
29 May 2018Sold by developerOff-plan
AED 1,434,500AED 1,275 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,125 sqft
Floor
16th of 29
Parking
B1-18
Developer
Danube Properties Development
Completed
2021
Service charge
AED 19,600 /yr
Last sold
AED 1.43M · May 2018
Building
Bayz Tower By Danube

About 1601, Bayz Tower By Danube

1601 is a two-bedroom apartment of 1,125 sqft on the 16th 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 29 May 2018 for AED 1,434,500, or AED 1,275 per sqft, 6% below the AED 1,356 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 115,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 19,600 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Bayz Tower By Danube
1.4M1.5M1.6M2017202020232026Typical sale price by year: 2017 AED 1,600,750; 2018 AED 1,510,000; 2020 AED 1,415,040; 2021 AED 1,428,250; 2023 AED 1,435,000; 2024 AED 1,575,256; 2025 AED 1,525,000Sold by developer, May 2018: AED 1,434,500 (AED 1,275 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Bayz Tower By Danube
100K120K2021202320252027Typical rent by year: 2021 AED 98,000; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 115,000; 2025 AED 117,500; 2026 AED 92,500New contract, February 2022: AED 95,000 a yearNew contract, July 2023: AED 100,000 a yearNew contract, September 2024: AED 115,000 a year

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

2-beds in Bayz Tower By Danube, and where 1601 sits

All 48 2-beds →

1601 last sold in May 2018 at AED 1,275 per sqft, 6% below what two-beds in Bayz Tower By Danube were fetching at the time (AED 1,356). Over the last 12 months two-beds sold for AED 1,738,000, around AED 1,514 per sqft, and rent for AED 37,500 to 135,000 a year. 1601's AED 115,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,738,000
25 Jul 20251,550,000
19 Jun 20251,600,000
22 Apr 20251,480,000
1 2-bed sale 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 16th floor

All 456 units in Bayz Tower By Danube
Value
16021-bedAED 1.14M · Mar 2021
1603StudioAED 700K · Dec 2017
1604StudioAED 715K · Sep 2018
1605StudioAED 655K · Mar 2023
1606StudioAED 715K · Sep 2018
1607StudioAED 585K · Oct 2022
16081-bedAED 960K · Dec 2023
1–7 of 18

1601, Bayz Tower By Danube in numbers

  • Sold once: by Danube Properties Development on 29 May 2018 for AED 1,434,500, or AED 1,275 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, from AED 95,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 19,600 a year (AED 17.41 per sqft).
  • Two-beds in Bayz Tower By Danube sold for AED 1,738,000–1,738,000 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 September 2024.

Questions about 1601, Bayz Tower By Danube

What did unit 1601 last sell for?

AED 1,434,500 on 29 May 2018, sold by the developer: AED 1,275 per sqft for 1,125 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 115,000 a year on the contract signed on 1 September 2024. The previous contract, from July 2023, was AED 100,000; the unit has been rented since February 2022.

How big is unit 1601?

1,125 sqft (104.5 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2021.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bayz Tower By Danube sold for AED 1,738,000 to 1,738,000 in the last 12 months, around AED 1,514 per sqft.

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Mortgage on 1601, Bayz Tower By Danube

Starts from the last sale price (AED 1.43M, 29 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,434,500
Deposit, UAE resident (20%)
AED 286,900
Deposit, non-resident (40%)
AED 573,800
Monthly over 25 years at 3.7%
AED 5,869

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