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Studio · 408 sqftBayz Tower By Danube, Business Bay · 7th floor · completed 2021

706, Bayz Tower By Danube

Sold prices and rental history: sold 3 times, last in January 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 23 January 2023
Last soldAED 750K23 January 2023
Current rentAED 53K /yr17 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Bayz Tower By Danube

What is 706 worth today?

Last sold for AED 750,000 in 2023

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23 Jan 2023SoldReady
AED 750,000AED 1,840 per sqft
17 Dec 2022RentedNew contract
AED 52,500/yr12 months · AED 129 per sqft
17 Nov 2021RentedNew contract
AED 50,000/yr13 months · AED 122 per sqft
29 Sep 2021SoldReady
AED 530,975AED 1,302 per sqft
16 Jul 2017Sold by developerOff-plan
AED 651,700AED 1,599 per sqft

Source: Dubai Land Department. Updated 23 January 2023.

Key facts

Type
Studio apartment
Size
408 sqft
Floor
7th of 29
Parking
P3-15
Developer
Danube Properties Development
Completed
2021
Service charge
AED 7,100 /yr
Last sold
AED 750K · January 2023
Building
Bayz Tower By Danube

About 706, Bayz Tower By Danube

706 is a studio of 408 sqft on the 7th floor of Bayz Tower By Danube, a 29-storey tower in Business Bay completed in 2021 by Danube Properties Development. It last sold on 23 January 2023 for AED 750,000, or AED 1,840 per sqft, 28% above the AED 1,432 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 17 December 2022, is AED 52,500 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 7,100 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, July 2017: AED 651,700 (AED 1,599 per sqft)Sold, September 2021: AED 530,975 (AED 1,302 per sqft)Sold, January 2023: AED 750,000 (AED 1,840 per sqft)

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

Rents
Unit 706, 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 50,000 a yearNew contract, December 2022: AED 52,500 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 706 sits

All 264 studios →

706 last sold in January 2023 at AED 1,840 per sqft, 28% above what studios in Bayz Tower By Danube were fetching at the time (AED 1,432). 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. 706's AED 52,500 is in the lower 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 7th floor

All 456 units in Bayz Tower By Danube
Value
7012-bedAED 1.55M · Jul 2025
7021-bedAED 1.18M · Oct 2017
703StudioAED 710K · Sep 2026
704StudioAED 800K · Sep 2023
705StudioAED 652K · Aug 2017
707StudioAED 580K · Dec 2022
7081-bedAED 1.13M · Jul 2017
1–7 of 18

706, Bayz Tower By Danube in numbers

  • Sold 3 times: first on 16 July 2017 for AED 651,700, last on 23 January 2023 for AED 750,000 (AED 1,840 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 50,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2023 price is 7.0%, 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 23 January 2023.

Questions about 706, Bayz Tower By Danube

What did unit 706 last sell for?

AED 750,000 on 23 January 2023: AED 1,840 per sqft for 408 sqft. The unit has 3 registered sales; the first was AED 651,700 in July 2017.

What is the rent for unit 706?

AED 52,500 a year on the contract signed on 17 December 2022. The previous contract, from November 2021, was AED 50,000.

How big is unit 706?

408 sqft (37.9 sqm): a studio on the 7th floor of a 29-storey tower completed in 2021.

What is unit 706 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 706, Bayz Tower By Danube

Starts from the last sale price (AED 750K, 23 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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