Studio · 408 sqftBayz Tower By Danube, Business Bay · 16th floor · completed 2021

1603, Bayz Tower By Danube

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

Unit 1603 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 700K25 December 2017
Current rentAED 55K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Bayz Tower By Danube

What is 1603 worth today?

Last sold for AED 700,000 in 2017

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19 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 135 per sqft
1 Oct 2025RentedNew contract
AED 65,000/yr12 months · AED 159 per sqft
18 Oct 2024RentedRenewal
AED 60,167/yr12 months · AED 148 per sqft
17 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 147 per sqft
18 Oct 2023RentedNew contract
AED 60,000/yr12 months · AED 147 per sqft
17 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
11 Nov 2021RentedNew contract
AED 47,000/yr12 months · AED 115 per sqft
25 Dec 2017Sold by developerOff-plan
AED 700,000AED 1,717 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
16th of 29
Parking
B2-53
Developer
Danube Properties Development
Completed
2021
Service charge
AED 7,100 /yr
Last sold
AED 700K · December 2017

About 1603, Bayz Tower By Danube

1603 is a studio of 408 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 25 December 2017 for AED 700,000, or AED 1,717 per sqft, in line with the AED 1,679 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 19 October 2026, is AED 55,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 7,100 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, December 2017: AED 700,000 (AED 1,717 per sqft)

1603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Bayz Tower By Danube
50K60K2021202320252027Typical 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, November 2021: AED 47,000 a yearNew contract, October 2022: AED 50,000 a yearNew contract, October 2023: AED 60,000 a yearRenewal, October 2024: AED 60,167 a yearNew contract, October 2024: AED 60,000 a yearNew contract, October 2025: AED 65,000 a yearNew contract, October 2026: 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 1603 sits

All 264 studios →

1603 last sold in December 2017 at AED 1,717 per sqft, in line with what studios in Bayz Tower By Danube were fetching at the time (AED 1,679). 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. 1603'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 16th floor

All 456 units in Bayz Tower By Danube
Value
16012-bedAED 1.43M · May 2018
16021-bedAED 1.14M · Mar 2021
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

1603, Bayz Tower By Danube in numbers

  • Sold once: by Danube Properties Development on 25 December 2017 for AED 700,000, or AED 1,717 per sqft.
  • Rented since November 2021 on 7 Ejari contracts, from AED 47,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 7.9%, 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 19 October 2026.

Questions about 1603, Bayz Tower By Danube

What did unit 1603 last sell for?

AED 700,000 on 25 December 2017, sold by the developer: AED 1,717 per sqft for 408 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 55,000 a year on the contract signed on 19 October 2026. The previous contract, from October 2025, was AED 65,000; the unit has been rented since November 2021.

How big is unit 1603?

408 sqft (37.9 sqm): a studio on the 16th floor of a 29-storey tower completed in 2021.

What is unit 1603 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 1603, Bayz Tower By Danube

Starts from the last sale price (AED 700K, 25 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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