1-bed · 810 sqftBayz Tower By Danube, Business Bay · 16th floor · completed 2021

1608, Bayz Tower By Danube

Sold prices and rental history: sold twice, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 14 December 2023
Last soldAED 960K14 December 2023
Current rentAED 90K /yr18 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Bayz Tower By Danube

What is 1608 worth today?

Last sold for AED 960,000 in 2023

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14 Dec 2023SoldReady
AED 960,000AED 1,185 per sqft
18 Sep 2023RentedNew contract
AED 90,000/yr12 months · AED 111 per sqft
20 Dec 2022RentedNew contract
AED 88,000/yr12 months · AED 109 per sqft
25 Nov 2021RentedNew contract
AED 86,000/yr12 months · AED 107 per sqft
14 Jan 2020Sold by developerOff-plan
AED 1,104,400AED 1,363 per sqft

Source: Dubai Land Department. Updated 14 December 2023.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
16th of 29
Parking
B1-88
Developer
Danube Properties Development
Completed
2021
Service charge
AED 14,100 /yr
Last sold
AED 960K · December 2023

About 1608, Bayz Tower By Danube

1608 is a one-bedroom apartment of 810 sqft on the 16th floor of Bayz Tower By Danube, a 29-storey tower in Business Bay completed in 2021 by Danube Properties Development. It last sold on 14 December 2023 for AED 960,000, or AED 1,185 per sqft, 13% below the AED 1,358 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 18 September 2023, is AED 90,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical one-bed in Bayz Tower By Danube
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 1,195,000; 2018 AED 1,215,000; 2020 AED 857,960; 2021 AED 1,153,620; 2022 AED 944,475; 2023 AED 1,065,000; 2024 AED 1,140,600; 2025 AED 1,225,000; 2026 AED 1,270,000Sold by developer, January 2020: AED 1,104,400 (AED 1,363 per sqft)Sold, December 2023: AED 960,000 (AED 1,185 per sqft)

1608 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Bayz Tower By Danube
80K90K2021202320252027Typical rent by year: 2021 AED 75,000; 2022 AED 75,000; 2023 AED 80,000; 2024 AED 85,000; 2025 AED 86,000; 2026 AED 80,000New contract, November 2021: AED 86,000 a yearNew contract, December 2022: AED 88,000 a yearNew contract, September 2023: AED 90,000 a year

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

1-beds in Bayz Tower By Danube, and where 1608 sits

All 120 1-beds →

1608 last sold in December 2023 at AED 1,185 per sqft, 13% below what one-beds in Bayz Tower By Danube were fetching at the time (AED 1,358). Over the last 12 months one-beds sold for AED 1,100,000 to 1,300,000, around AED 1,540 per sqft, and rent for AED 30,000 to 120,000 a year. 1608's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jan 20261,300,000
23 Jan 20261,100,000
13 Jan 20261,250,000
12 Jan 20261,290,000
5 1-bed 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
1603StudioAED 700K · Dec 2017
1604StudioAED 715K · Sep 2018
1605StudioAED 655K · Mar 2023
1606StudioAED 715K · Sep 2018
1607StudioAED 585K · Oct 2022
1–7 of 18

1608, Bayz Tower By Danube in numbers

  • Sold twice: first on 14 January 2020 for AED 1,104,400, last on 14 December 2023 for AED 960,000 (AED 1,185 per sqft).
  • Rented since November 2021 on 3 Ejari contracts, from AED 86,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 14,100 a year (AED 17.41 per sqft).
  • One-beds in Bayz Tower By Danube sold for AED 1,100,000–1,300,000 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 14 December 2023.

Questions about 1608, Bayz Tower By Danube

What did unit 1608 last sell for?

AED 960,000 on 14 December 2023: AED 1,185 per sqft for 810 sqft. The unit has 2 registered sales; the first was AED 1,104,400 in January 2020.

What is the rent for unit 1608?

AED 90,000 a year on the contract signed on 18 September 2023. The previous contract, from December 2022, was AED 88,000; the unit has been rented since November 2021.

How big is unit 1608?

810 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2021.

What is unit 1608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bayz Tower By Danube sold for AED 1,100,000 to 1,300,000 in the last 12 months, around AED 1,540 per sqft.

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Mortgage on 1608, Bayz Tower By Danube

Starts from the last sale price (AED 960K, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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