1603, Bays Edge
Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Bays Edge
What is 1603 worth today?
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Source: Dubai Land Department. Updated 7 August 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 855 sqft
- Floor
- 16th of 22
- Parking
- P3-03
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 1M · March 2022
- Building
- Bays Edge
About 1603, Bays Edge
1603 is a one-bedroom hotel apartment of 855 sqft on the 16th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. It last sold on 7 March 2022 for AED 1,000,000, or AED 1,169 per sqft, 17% above the AED 1,001 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 7 August 2025, is AED 120,000 a year: a gross yield of 12.0% on the 2022 price.
Sales and rents for 1603 over time
1603 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bays Edge, and where 1603 sits
All 101 1-beds →1603 last sold in March 2022 at AED 1,169 per sqft, 17% above what one-beds in Bays Edge were fetching at the time (AED 1,001). Over the last 12 months one-beds sold for AED 434,000 to 2,000,000, around AED 1,676 per sqft, and rent for AED 89,000 to 110,000 a year. 1603's AED 120,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 855 sqft | 2,000,000 | 2,338 | ||
| 6 Jan 20266 January 2026 | 845 sqft | 1,120,000 | 1,325 | ||
| 12 Dec 202512 December 2025 | 847 sqft | 1,420,000 | 1,676 | ||
| 4 Jul 20254 July 2025 | 860 sqft | 1,480,000 | 1,720 |
Bays Edge
Building253 apartments, studios to 3-bed over 22 floors in Business Bay, completed in 2016 by DAMAC. 7 sold in the last 12 months.
- Typical price per sqft
- AED 1,745
- Typical sale
- AED 1.12M
- Typical rent
- AED 98K /yr
- Typical yield
- 6.4%
Other units on the 16th floor
All 253 units in Bays Edge| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 845 sqft | AED 1.48MAED 1,476,750 · Jul 2013July 2013 | 72,756 /yr | |
| 1602 | Studio | 425 sqft | AED 850KAED 850,000 · May 2025May 2025 | ||
| 1604 | 1-bed | 860 sqft | AED 1.52MAED 1,521,500 · Jul 2013July 2013 | ||
| 1605 | 2-bed | 1,254 sqft | AED 1.8MAED 1,800,000 · Feb 2025February 2025 | 140,000 /yr | |
| 1606 | 1-bed | 874 sqft | AED 1.93MAED 1,927,550 · Dec 2014December 2014 | 92,000 /yr | |
| 1607 | 2-bed | 1,385 sqft | AED 2.36MAED 2,363,200 · Dec 2013December 2013 | ||
| 1608 | 2-bed | 1,254 sqft | AED 1.9MAED 1,900,000 · Dec 2023December 2023 | ||
| 1609 | 1-bed | 860 sqft | AED 1.61MAED 1,614,600 · Mar 2014March 2014 | 100,000 /yr | |
| 1610 | Studio | 426 sqft | AED 851KAED 851,200 · Jul 2013July 2013 | 53,361 /yr | |
| 1611 | Studio | 426 sqft | AED 851KAED 851,200 · Nov 2013November 2013 | 78,000 /yr | |
| 1612 | Studio | 425 sqft | AED 844KAED 843,600 · Jul 2013July 2013 | 68,000 /yr | |
| 1613 | 1-bed | 860 sqft | AED 820KAED 820,000 · Nov 2021November 2021 | ||
| 1606A | 2-bed | 1,385 sqft | AED 2.77MAED 2,771,000 · Jul 2017July 2017 | ||
| 1607A | 1-bed | 847 sqft | AED 1.5MAED 1,499,400 · Oct 2013October 2013 | 90,243 /yr |
1603, Bays Edge in numbers
- Sold 3 times: first on 28 December 2014 for AED 1,476,750, last on 7 March 2022 for AED 1,000,000 (AED 1,169 per sqft).
- Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 116,000 to AED 60,000 in 2021 and recovered to AED 120,000 by August 2025.
- At AED 120,000 a year the gross yield on the 2022 price is 12.0%.
- One-beds in Bays Edge sold for AED 434,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,745 per sqft.
Source: Dubai Land Department. Updated 7 August 2025.
Questions about 1603, Bays Edge
What did unit 1603 last sell for?
AED 1,000,000 on 7 March 2022: AED 1,169 per sqft for 855 sqft. The unit has 3 registered sales; the first was AED 1,476,750 in December 2014.
What is the rent for unit 1603?
AED 120,000 a year on the contract signed on 7 August 2025. The previous contract, from June 2024, was AED 85,000; the unit has been rented since March 2017.
How big is unit 1603?
855 sqft (79.4 sqm): a one-bedroom hotel apartment on the 16th floor of a 22-storey tower completed in 2016.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bays Edge sold for AED 434,000 to 2,000,000 in the last 12 months, around AED 1,676 per sqft.
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Mortgage on 1603, Bays Edge
Starts from the last sale price (AED 1M, 7 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →