1611, Bays Edge
Sold prices and rental history: sold once, by the developer in November 2013, 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 1611, Bays Edge
What is 1611 worth today?
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Source: Dubai Land Department. Updated 3 August 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 426 sqft
- Floor
- 16th of 22
- Parking
- P3-15
- Developer
- DAMAC
- Completed
- 2016
- Last sold
- AED 851K · November 2013
- Building
- Bays Edge
About 1611, Bays Edge
1611 is a studio of 426 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 27 November 2013 for AED 851,200, or AED 1,996 per sqft, 9% above the AED 1,827 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 3 August 2024, is AED 78,000 a year: a gross yield of 9.2% on the 2013 price.
Sales and rents for 1611 over time
1611 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Bays Edge, and where 1611 sits
All 69 studios →1611 last sold in November 2013 at AED 1,996 per sqft, 9% above what studios in Bays Edge were fetching at the time (AED 1,827). Over the last 12 months studios sold for AED 850,000 to 890,000, around AED 2,041 per sqft, and rent for AED 54,308 to 79,500 a year. 1611's AED 78,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 426 sqft | 890,000 | 2,087 | ||
| 16 Feb 202616 February 2026 | 426 sqft | 850,000 | 1,994 | ||
| 4 Jul 20254 July 2025 | 425 sqft | 825,000 | 1,940 | ||
| 21 May 202521 May 2025 | 425 sqft | 850,000 | 2,002 |
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 | ||
| 1603 | 1-bed | 855 sqft | AED 1MAED 1,000,000 · Mar 2022March 2022 | 120,000 /yr | |
| 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 | |
| 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 |
1611, Bays Edge in numbers
- Sold once: by DAMAC on 27 November 2013 for AED 851,200, or AED 1,996 per sqft.
- Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 72,000 to AED 48,000 in 2020 and recovered to AED 78,000 by August 2024.
- At AED 78,000 a year the gross yield on the 2013 price is 9.2%.
- Studios in Bays Edge sold for AED 850,000–890,000 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 3 August 2024.
Questions about 1611, Bays Edge
What did unit 1611 last sell for?
AED 851,200 on 27 November 2013, sold by the developer: AED 1,996 per sqft for 426 sqft. It is the only registered sale of the unit.
What is the rent for unit 1611?
AED 78,000 a year on the contract renewed on 3 August 2024. The previous contract, from August 2023, was AED 72,000; the unit has been rented since May 2017.
How big is unit 1611?
426 sqft (39.6 sqm): a studio on the 16th floor of a 22-storey tower completed in 2016.
What is unit 1611 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bays Edge sold for AED 850,000 to 890,000 in the last 12 months, around AED 2,041 per sqft.
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Mortgage on 1611, Bays Edge
Starts from the last sale price (AED 851K, 27 November 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 851,200
- Deposit, UAE resident (20%)
- AED 170,240
- Deposit, non-resident (40%)
- AED 340,480
- Monthly over 25 years at 3.7%
- AED 3,483
Plus AED 40,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →