1006, Capital Bay Towers 1
Sold prices and rental history: sold 3 times, last in November 2024, 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 1006, Capital Bay Towers 1
What is 1006 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 10th of 18
- Parking
- B2-102
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 500K · November 2024
- Building
- Capital Bay Towers 1
About 1006, Capital Bay Towers 1
1006 is a studio of 541 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 1 November 2024 for AED 500,000, or AED 924 per sqft, 29% below the AED 1,296 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 1 July 2026, is AED 48,000 a year: a gross yield of 9.6% on the 2024 price.
Sales and rents for 1006 over time
1006 has sold 3 times; 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 Capital Bay Towers 1, and where 1006 sits
All 102 studios →1006 last sold in November 2024 at AED 924 per sqft, 29% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,296). Over the last 12 months studios sold for AED 682,000 to 858,622, around AED 1,384 per sqft, and rent for AED 35,000 to 80,000 a year. 1006's AED 48,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 459 sqft | 787,500 | 1,715 | ||
| 20 Feb 202620 February 2026 | 569 sqft | 720,000 | 1,266 | ||
| 13 Feb 202613 February 2026 | 459 sqft | 750,000 | 1,634 | ||
| 9 Feb 20269 February 2026 | 505 sqft | 855,000 | 1,691 |
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 64K /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 | |
| 1002 | 2-bed | 1,250 sqft | AED 1.55MAED 1,550,000 · Apr 2026April 2026 | 120,000 /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 | |
| 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 |
1006, Capital Bay Towers 1 in numbers
- Sold 3 times: first on 9 May 2013 for AED 962,500, last on 1 November 2024 for AED 500,000 (AED 924 per sqft).
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2021 and recovered to AED 48,000 by July 2026.
- At AED 48,000 a year the gross yield on the 2024 price is 9.6%.
- Studios in Capital Bay Towers 1 sold for AED 682,000–858,622 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 1 July 2026.
Questions about 1006, Capital Bay Towers 1
What did unit 1006 last sell for?
AED 500,000 on 1 November 2024: AED 924 per sqft for 541 sqft. The unit has 3 registered sales; the first was AED 962,500 in May 2013.
What is the rent for unit 1006?
AED 48,000 a year on the contract signed on 1 July 2026. The previous contract, from November 2025, was AED 72,000; the unit has been rented since July 2016.
How big is unit 1006?
541 sqft (50.3 sqm): a studio on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1006 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Capital Bay Towers 1 sold for AED 682,000 to 858,622 in the last 12 months, around AED 1,384 per sqft.
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Mortgage on 1006, Capital Bay Towers 1
Starts from the last sale price (AED 500K, 1 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →