2-bed · 1,361 sqftCapital Bay Towers 1, Business Bay · 10th floor · completed 2014

1009, Capital Bay Towers 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 2.22M12 December 2013
Current rentAED 135K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Capital Bay Towers 1

What is 1009 worth today?

Last sold for AED 2,222,400 in 2013

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1 Aug 2026RentedRenewal
AED 135,000/yr12 months · AED 99 per sqft
1 Aug 2025RentedRenewal
AED 135,000/yr12 months · AED 99 per sqft
1 Aug 2024RentedRenewal
AED 135,000/yr12 months · AED 99 per sqft
1 Aug 2023RentedRenewal
AED 115,000/yr12 months · AED 85 per sqft
1 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 70 per sqft
1 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
1 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
1 Aug 2017RentedNew contract
AED 118,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
10th of 18
Parking
B2-105
Developer
DAMAC
Completed
2014
Last sold
AED 2.22M · December 2013

About 1009, Capital Bay Towers 1

1009 is a two-bedroom apartment of 1,361 sqft on the 10th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 12 December 2013 for AED 2,222,400, or AED 1,633 per sqft, in line with the AED 1,635 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 135,000 a year: a gross yield of 6.1% on the 2013 price.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical two-bed in Capital Bay Towers 1
1M2M2012201620202024Typical sale price by year: 2012 AED 2,647,356; 2013 AED 2,044,000; 2014 AED 2,319,771; 2015 AED 2,222,400; 2016 AED 1,550,000; 2017 AED 1,600,000; 2020 AED 1,075,000; 2023 AED 1,285,000; 2024 AED 1,500,000; 2025 AED 1,495,000Sold by developer, December 2013: AED 2,222,400 (AED 1,633 per sqft)

1009 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, each contractTypical two-bed in Capital Bay Towers 1
100K150K2015201920232027Typical rent by year: 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 95,000; 2024 AED 114,387; 2025 AED 126,500; 2026 AED 115,000New contract, May 2016: AED 165,000 a yearNew contract, August 2017: AED 118,000 a yearNew contract, August 2020: AED 80,000 a yearNew contract, August 2021: AED 80,000 a yearNew contract, August 2022: AED 95,000 a yearRenewal, August 2023: AED 115,000 a yearRenewal, August 2024: AED 135,000 a yearRenewal, August 2025: AED 135,000 a yearRenewal, August 2026: AED 135,000 a year

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 1009 sits

All 44 2-beds →

1009 last sold in December 2013 at AED 1,633 per sqft, in line with what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,635). 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. 1009's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,075,200
16 Apr 20261,550,000
15 Dec 20252,085,760
2 Oct 20251,490,000
3 2-bed sales in the last 12 months

Capital Bay Towers 1

Building

176 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%
Capital Bay Towers 1, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 176 units in Capital Bay Towers 1
Value
1001StudioAED 771K · Feb 2015
10022-bedAED 1.55M · Apr 2026
1003StudioAED 640K · Nov 2023
1004StudioAED 700K · May 2024
10052-bedAED 1.6M · Oct 2017
1006StudioAED 500K · Nov 2024
10071-bedAED 1.4M · Jan 2026
1–7 of 9

1009, Capital Bay Towers 1 in numbers

  • Sold once: by DAMAC on 12 December 2013 for AED 2,222,400, or AED 1,633 per sqft.
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 165,000 to AED 80,000 in 2021 and recovered to AED 135,000 by August 2026.
  • At AED 135,000 a year the gross yield on the 2013 price is 6.1%.
  • 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 1 August 2026.

Questions about 1009, Capital Bay Towers 1

What did unit 1009 last sell for?

AED 2,222,400 on 12 December 2013, sold by the developer: AED 1,633 per sqft for 1,361 sqft. It is the only registered sale of the unit.

What is the rent for unit 1009?

AED 135,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 135,000; the unit has been rented since May 2016.

How big is unit 1009?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.

What is unit 1009 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 1009, Capital Bay Towers 1

Starts from the last sale price (AED 2.22M, 12 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,222,400
Deposit, UAE resident (20%)
AED 444,480
Deposit, non-resident (40%)
AED 888,960
Monthly over 25 years at 3.7%
AED 9,093

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →