Home
Dubai prices
About
Research
1-bed · 860 sqftBays Edge, Business Bay · 16th floor · completed 2016

1609, Bays Edge

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 13 May 2025
Last soldAED 1.61M2 March 2014
Current rentAED 100K /yr13 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1609

Property timeline for 1609, Bays Edge

What is 1609 worth today?

Last sold for AED 1,614,600 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

13 May 2025RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
9 May 2024RentedRenewal
AED 94,000/yr12 months · AED 109 per sqft
9 May 2023RentedNew contract
AED 94,000/yr12 months · AED 109 per sqft
15 Aug 2019RentedNew contract
AED 68,000/yr12 months · AED 79 per sqft
22 Oct 2017RentedNew contract
AED 87,000/yr12 months · AED 101 per sqft
2 Mar 2014Sold by developerOff-plan
AED 1,614,600AED 1,877 per sqft

Source: Dubai Land Department. Updated 13 May 2025.

Key facts

Type
1-bed hotel apartment
Size
860 sqft
Floor
16th of 22
Parking
P3-13
Developer
DAMAC
Completed
2016
Last sold
AED 1.61M · March 2014
Building
Bays Edge

About 1609, Bays Edge

1609 is a one-bedroom hotel apartment of 860 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 2 March 2014 for AED 1,614,600, or AED 1,877 per sqft, 9% above the AED 1,719 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 13 May 2025, is AED 100,000 a year: a gross yield of 6.2% on the 2014 price.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, March 2014: AED 1,614,600 (AED 1,877 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, 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, October 2017: AED 87,000 a yearNew contract, August 2019: AED 68,000 a yearNew contract, May 2023: AED 94,000 a yearRenewal, May 2024: AED 94,000 a yearNew contract, May 2025: AED 100,000 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 Bays Edge, and where 1609 sits

All 101 1-beds →

1609 last sold in March 2014 at AED 1,877 per sqft, 9% above what one-beds in Bays Edge were fetching at the time (AED 1,719). 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. 1609's AED 100,000 is in the upper 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

1609, Bays Edge in numbers

  • Sold once: by DAMAC on 2 March 2014 for AED 1,614,600, or AED 1,877 per sqft.
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 87,000 to AED 68,000 in 2019 and recovered to AED 100,000 by May 2025.
  • At AED 100,000 a year the gross yield on the 2014 price is 6.2%.
  • 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 13 May 2025.

Questions about 1609, Bays Edge

What did unit 1609 last sell for?

AED 1,614,600 on 2 March 2014, sold by the developer: AED 1,877 per sqft for 860 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 100,000 a year on the contract signed on 13 May 2025. The previous contract, from May 2024, was AED 94,000; the unit has been rented since October 2017.

How big is unit 1609?

860 sqft (79.9 sqm): a one-bedroom hotel apartment on the 16th floor of a 22-storey tower completed in 2016.

What is unit 1609 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.

Selling 1609? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1609, Bays Edge

Starts from the last sale price (AED 1.61M, 2 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,614,600
Deposit, UAE resident (20%)
AED 322,920
Deposit, non-resident (40%)
AED 645,840
Monthly over 25 years at 3.7%
AED 6,606

Plus AED 72,823 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →