1201, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in August 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Capital Bay Towers 1
What is 1201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 27 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 12th of 18
- Parking
- B2-117
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 610K · August 2024
- Building
- Capital Bay Towers 1
About 1201, Capital Bay Towers 1
1201 is a studio of 459 sqft on the 12th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 2 August 2024 for AED 610,000, or AED 1,329 per sqft, in line with the AED 1,296 studios in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 27 August 2026, is AED 42,000 a year: a gross yield of 6.9% on the 2024 price.
Sales and rents for 1201 over time
1201 has sold 4 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 1201 sits
All 102 studios →1201 last sold in August 2024 at AED 1,329 per sqft, in line with 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. 1201's AED 42,000 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 12th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,250 sqft | AED 1.4MAED 1,400,000 · Feb 2025February 2025 | 107,000 /yr | |
| 1203 | Studio | 495 sqft | AED 808KAED 808,000 · Jan 2015January 2015 | 50,000 /yr | |
| 1204 | Studio | 638 sqft | AED 440KAED 440,000 · Jul 2020July 2020 | 60,000 /yr | |
| 1205 | 1-bed | 999 sqft | AED 1.61MAED 1,608,000 · Dec 2013December 2013 | ||
| 1206 | Studio | 541 sqft | AED 1.04MAED 1,039,500 · Jan 2015January 2015 | 52,500 /yr | |
| 1207 | 1-bed | 974 sqft | AED 1.13MAED 1,125,000 · Dec 2025December 2025 | 63,277 /yr | |
| 1208 | Studio | 556 sqft | AED 907KAED 907,200 · Oct 2013October 2013 | 65,000 /yr | |
| 1209 | 2-bed | 1,361 sqft | AED 1.54MAED 1,540,782 · Aug 2025August 2025 | 84,150 /yr | |
| 1210 | Studio | 505 sqft | AED 635KAED 635,294 · Dec 2024December 2024 | 35,000 /yr | |
| 1205A | 1-bed | 986 sqft | AED 1.63MAED 1,630,400 · Jan 2015January 2015 | 50,000 /yr |
1201, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 11 February 2013 for AED 829,800, last on 2 August 2024 for AED 610,000 (AED 1,329 per sqft).
- Rented since June 2025 on 3 Ejari contracts, from AED 55,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2024 price is 6.9%.
- 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 27 August 2026.
Questions about 1201, Capital Bay Towers 1
What did unit 1201 last sell for?
AED 610,000 on 2 August 2024: AED 1,329 per sqft for 459 sqft. The unit has 4 registered sales; the first was AED 829,800 in February 2013.
What is the rent for unit 1201?
AED 42,000 a year on the contract signed on 27 August 2026. The previous contract, from June 2025, was AED 55,000; the unit has been rented since June 2025.
How big is unit 1201?
459 sqft (42.6 sqm): a studio on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1201 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.
Selling 1201? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1201, Capital Bay Towers 1
Starts from the last sale price (AED 610K, 2 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →