1002, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in April 2026, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Capital Bay Towers 1
What is 1002 worth today?
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Source: Dubai Land Department. Updated 16 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,250 sqft
- Floor
- 10th of 18
- Parking
- B2-98
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.55M · April 2026
- Building
- Capital Bay Towers 1
About 1002, Capital Bay Towers 1
1002 is a two-bedroom apartment of 1,250 sqft on the 10th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 16 April 2026 for AED 1,550,000, or AED 1,240 per sqft, 9% above the AED 1,137 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 1 February 2026, is AED 120,000 a year: a gross yield of 7.7% on the 2026 price.
Sales and rents for 1002 over time
1002 has sold 4 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Capital Bay Towers 1, and where 1002 sits
All 44 2-beds →1002 last sold in April 2026 at AED 1,240 per sqft, 9% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,137). Over the last 12 months two-beds sold for AED 1,550,000 to 2,085,760, around AED 1,070 per sqft, and rent for AED 95,000 to 188,950 a year. 1002's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,948 sqft | 2,075,200 | 1,065 | ||
| 15 Dec 202515 December 2025 | 1,948 sqft | 2,085,760 | 1,070 | ||
| 2 Oct 20252 October 2025 | 1,250 sqft | 1,490,000 | 1,192 | ||
| 30 Sep 202530 September 2025 | 1,250 sqft | 1,500,000 | 1,200 |
Capital Bay Towers 1
Building176 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by DAMAC. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,347 Up 13.0%
- Typical sale
- AED 857K
- Typical rent
- AED 62K /yr
- Typical yield
- 7.2%
Other units on the 10th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 459 sqft | AED 771KAED 770,550 · Feb 2015February 2015 | 36,000 /yr | |
| 1003 | Studio | 495 sqft | AED 640KAED 640,000 · Nov 2023November 2023 | 50,000 /yr | |
| 1004 | Studio | 638 sqft | AED 700KAED 700,000 · May 2024May 2024 | 69,000 /yr | |
| 1005 | 2-bed | 1,948 sqft | AED 1.6MAED 1,600,000 · Oct 2017October 2017 | 105,000 /yr | |
| 1006 | Studio | 541 sqft | AED 500KAED 500,000 · Nov 2024November 2024 | 48,000 /yr | |
| 1007 | 1-bed | 974 sqft | AED 1.4MAED 1,401,100 · Jan 2026January 2026 | 100,000 /yr | |
| 1008 | Studio | 464 sqft | AED 660KAED 660,000 · Jun 2025June 2025 | 56,000 /yr | |
| 1009 | 2-bed | 1,361 sqft | AED 2.22MAED 2,222,400 · Dec 2013December 2013 | 135,000 /yr | |
| 1010 | Studio | 505 sqft | AED 826KAED 825,600 · Nov 2013November 2013 | 60,000 /yr |
1002, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 27 November 2013 for AED 2,043,200, last on 16 April 2026 for AED 1,550,000 (AED 1,240 per sqft).
- Rented since February 2016 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 65,000 in 2021 and recovered to AED 120,000 by February 2026.
- At AED 120,000 a year the gross yield on the 2026 price is 7.7%.
- Two-beds in Capital Bay Towers 1 sold for AED 1,550,000–2,085,760 in the 12 months to November 2026; the building's median across all types is AED 1,347 per sqft.
Source: Dubai Land Department. Updated 16 April 2026.
Questions about 1002, Capital Bay Towers 1
What did unit 1002 last sell for?
AED 1,550,000 on 16 April 2026: AED 1,240 per sqft for 1,250 sqft. The unit has 4 registered sales; the first was AED 2,043,200 in November 2013.
What is the rent for unit 1002?
AED 120,000 a year on the contract signed on 1 February 2026. The previous contract, from February 2025, was AED 130,000; the unit has been rented since February 2016.
How big is unit 1002?
1,250 sqft (116.1 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Capital Bay Towers 1 sold for AED 1,550,000 to 2,085,760 in the last 12 months, around AED 1,070 per sqft.
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Mortgage on 1002, Capital Bay Towers 1
Starts from the last sale price (AED 1.55M, 16 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →