Studio · 505 sqftCapital Bay Towers 1, Business Bay · 10th floor · completed 2014

1010, Capital Bay Towers 1

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

Unit 1010 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 826K28 November 2013
Current rentAED 60K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Capital Bay Towers 1

What is 1010 worth today?

Last sold for AED 825,600 in 2013

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15 Aug 2026RentedRenewal
AED 60,000/yr12 months · AED 119 per sqft
15 Aug 2025RentedRenewal
AED 60,000/yr12 months · AED 119 per sqft
15 Aug 2025RentedRenewal
AED 60,000/yr12 months · AED 119 per sqft
15 Aug 2024RentedRenewal
AED 55,650/yr12 months · AED 110 per sqft
15 Aug 2023RentedNew contract
AED 53,000/yr12 months · AED 105 per sqft
10 Nov 2022RentedNew contract
AED 47,000/yr6 months · AED 93 per sqft
10 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft
1 Nov 2020RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
Studio apartment
Size
505 sqft
Floor
10th of 18
Parking
B2-106
Developer
DAMAC
Completed
2014
Last sold
AED 826K · November 2013

About 1010, Capital Bay Towers 1

1010 is a studio of 505 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 28 November 2013 for AED 825,600, or AED 1,633 per sqft, 9% below the AED 1,786 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 15 August 2026, is AED 60,000 a year: a gross yield of 7.3% on the 2013 price.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical studio in Capital Bay Towers 1
500K750K1M2012201620202024Typical sale price by year: 2012 AED 933,525; 2013 AED 931,175; 2014 AED 908,175; 2015 AED 935,550; 2016 AED 799,000; 2017 AED 710,000; 2018 AED 655,000; 2019 AED 500,000; 2020 AED 430,000; 2021 AED 450,000; 2022 AED 537,500; 2023 AED 621,311; 2024 AED 670,000; 2025 AED 700,000; 2026 AED 768,750Sold by developer, November 2013: AED 825,600 (AED 1,633 per sqft)

1010 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1010, each contractTypical studio in Capital Bay Towers 1
40K60K80K2015201920232027Typical rent by year: 2015 AED 75,000; 2016 AED 70,000; 2017 AED 62,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 45,000; 2023 AED 53,000; 2024 AED 57,000; 2025 AED 60,000; 2026 AED 56,500New contract, February 2016: AED 77,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, November 2019: AED 45,000 a yearRenewal, November 2020: AED 40,000 a yearNew contract, November 2021: AED 45,000 a yearNew contract, November 2022: AED 47,000 a yearNew contract, August 2023: AED 53,000 a yearRenewal, August 2024: AED 55,650 a yearRenewal, August 2025: AED 60,000 a yearRenewal, August 2025: AED 60,000 a yearRenewal, August 2026: AED 60,000 a year

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 1010 sits

All 102 studios →

1010 last sold in November 2013 at AED 1,633 per sqft, 9% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,786). 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. 1010's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Aug 2026787,500
20 Feb 2026720,000
13 Feb 2026750,000
9 Feb 2026855,000
7 studio 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

1010, Capital Bay Towers 1 in numbers

  • Sold once: by DAMAC on 28 November 2013 for AED 825,600, or AED 1,633 per sqft.
  • Rented since February 2016 on 11 Ejari contracts. The rent fell from AED 77,000 to AED 40,000 in 2020 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2013 price is 7.3%.
  • 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 15 August 2026.

Questions about 1010, Capital Bay Towers 1

What did unit 1010 last sell for?

AED 825,600 on 28 November 2013, sold by the developer: AED 1,633 per sqft for 505 sqft. It is the only registered sale of the unit.

What is the rent for unit 1010?

AED 60,000 a year on the contract renewed on 15 August 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since February 2016.

How big is unit 1010?

505 sqft (46.9 sqm): a studio on the 10th floor of a 18-storey tower completed in 2014.

What is unit 1010 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 1010, Capital Bay Towers 1

Starts from the last sale price (AED 826K, 28 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 825,600
Deposit, UAE resident (20%)
AED 165,120
Deposit, non-resident (40%)
AED 330,240
Monthly over 25 years at 3.7%
AED 3,378

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