1209, Capital Bay Towers 1
Sold prices and rental history: sold 3 times, last in August 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1209, Capital Bay Towers 1
What is 1209 worth today?
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Source: Dubai Land Department. Updated 11 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 12th of 18
- Parking
- B2-126
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.54M · August 2025
- Building
- Capital Bay Towers 1
About 1209, Capital Bay Towers 1
1209 is a two-bedroom apartment of 1,361 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 11 August 2025 for AED 1,540,782, or AED 1,132 per sqft, in line with the AED 1,105 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 84,150 a year: a gross yield of 5.5% on the 2025 price.
Sales and rents for 1209 over time
1209 has sold 3 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 1209 sits
All 44 2-beds →1209 last sold in August 2025 at AED 1,132 per sqft, in line with what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,105). 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. 1209's AED 84,150 is at the bottom 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 | ||
| 16 Apr 202616 April 2026 | 1,250 sqft | 1,550,000 | 1,240 | ||
| 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 |
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 12th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 459 sqft | AED 610KAED 610,000 · Aug 2024August 2024 | 42,000 /yr | |
| 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 | |
| 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 |
1209, Capital Bay Towers 1 in numbers
- Sold 3 times: first on 13 December 2012 for AED 2,623,311, last on 11 August 2025 for AED 1,540,782 (AED 1,132 per sqft).
- Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 65,000 in 2021 and recovered to AED 84,150 by February 2023.
- At AED 84,150 a year the gross yield on the 2025 price is 5.5%.
- 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 11 August 2025.
Questions about 1209, Capital Bay Towers 1
What did unit 1209 last sell for?
AED 1,540,782 on 11 August 2025: AED 1,132 per sqft for 1,361 sqft. The unit has 3 registered sales; the first was AED 2,623,311 in December 2012.
What is the rent for unit 1209?
AED 84,150 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 73,200; the unit has been rented since February 2015.
How big is unit 1209?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1209 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 1209, Capital Bay Towers 1
Starts from the last sale price (AED 1.54M, 11 August 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,540,782
- Deposit, UAE resident (20%)
- AED 308,156
- Deposit, non-resident (40%)
- AED 616,313
- Monthly over 25 years at 3.7%
- AED 6,304
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →