1-bed · 847 sqftBays Edge, Business Bay · 16th floor · completed 2016

1607A, Bays Edge

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607A · DLD and Ejari recordsUpdated 24 April 2025
Last soldAED 1.5M29 October 2013
Current rentAED 90K /yr24 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607A, Bays Edge

What is 1607A worth today?

Last sold for AED 1,499,400 in 2013

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24 Apr 2025RentedNew contract
AED 90,243/yr12 months · AED 106 per sqft
1 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 88 per sqft
1 Sep 2023RentedRenewal
AED 68,500/yr12 months · AED 81 per sqft
1 Sep 2021RentedNew contract
AED 61,000/yr12 months · AED 72 per sqft
17 Oct 2020RentedRenewal
AED 63,000/yr12 months · AED 74 per sqft
17 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
7 Jun 2019RentedRenewal
AED 73,795/yr12 months · AED 87 per sqft
7 Jun 2018RentedNew contract
AED 77,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 24 April 2025.

Key facts

Type
1-bed hotel apartment
Size
847 sqft
Floor
16th of 22
Parking
P3-11
Developer
DAMAC
Completed
2016
Last sold
AED 1.5M · October 2013
Building
Bays Edge

About 1607A, Bays Edge

1607A is a one-bedroom hotel apartment of 847 sqft on the 16th floor of Bays Edge, a 22-storey tower in Business Bay completed in 2016 by DAMAC. The developer sold it on 29 October 2013 for AED 1,499,400, or AED 1,769 per sqft, 4% above the AED 1,694 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 24 April 2025, is AED 90,243 a year: a gross yield of 6.0% on the 2013 price.

Sales and rents for 1607A over time

Sales
Unit 1607A, each saleTypical one-bed in Bays Edge
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,456,000; 2014 AED 1,759,960; 2015 AED 1,790,000; 2016 AED 1,367,850; 2017 AED 1,548,000; 2018 AED 1,095,000; 2019 AED 1,000,000; 2021 AED 860,000; 2022 AED 1,050,000; 2023 AED 1,200,000; 2024 AED 1,237,500; 2025 AED 1,450,000Sold by developer, October 2013: AED 1,499,400 (AED 1,769 per sqft)

1607A has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607A, each contractTypical one-bed in Bays Edge
75K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 70,000; 2021 AED 60,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 92,000; 2026 AED 105,000New contract, April 2017: AED 90,000 a yearNew contract, June 2018: AED 77,000 a yearRenewal, June 2019: AED 73,795 a yearNew contract, October 2019: AED 70,000 a yearRenewal, October 2020: AED 63,000 a yearNew contract, September 2021: AED 61,000 a yearRenewal, September 2023: AED 68,500 a yearRenewal, September 2024: AED 75,000 a yearNew contract, April 2025: AED 90,243 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 Bays Edge, and where 1607A sits

All 101 1-beds →

1607A last sold in October 2013 at AED 1,769 per sqft, 4% above what one-beds in Bays Edge were fetching at the time (AED 1,694). 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. 1607A's AED 90,243 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20262,000,000
6 Jan 20261,120,000
12 Dec 20251,420,000
4 Jul 20251,480,000
5 1-bed sales in the last 12 months

Bays Edge

Building

253 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%
Bays Edge, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 253 units in Bays Edge
Value
16011-bedAED 1.48M · Jul 2013
1602StudioAED 850K · May 2025
16031-bedAED 1M · Mar 2022
16041-bedAED 1.52M · Jul 2013
16052-bedAED 1.8M · Feb 2025
16061-bedAED 1.93M · Dec 2014
16072-bedAED 2.36M · Dec 2013
1–7 of 14

1607A, Bays Edge in numbers

  • Sold once: by DAMAC on 29 October 2013 for AED 1,499,400, or AED 1,769 per sqft.
  • Rented since April 2017 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 61,000 in 2021 and recovered to AED 90,243 by April 2025.
  • At AED 90,243 a year the gross yield on the 2013 price is 6.0%.
  • 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 24 April 2025.

Questions about 1607A, Bays Edge

What did unit 1607A last sell for?

AED 1,499,400 on 29 October 2013, sold by the developer: AED 1,769 per sqft for 847 sqft. It is the only registered sale of the unit.

What is the rent for unit 1607A?

AED 90,243 a year on the contract signed on 24 April 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since April 2017.

How big is unit 1607A?

847 sqft (78.7 sqm): a one-bedroom hotel apartment on the 16th floor of a 22-storey tower completed in 2016.

What is unit 1607A 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 1607A, Bays Edge

Starts from the last sale price (AED 1.5M, 29 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,499,400
Deposit, UAE resident (20%)
AED 299,880
Deposit, non-resident (40%)
AED 599,760
Monthly over 25 years at 3.7%
AED 6,135

Plus AED 67,985 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →