1301, Capital Bay Towers 1
Sold prices and rental history: sold 3 times, last in April 2023, 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 1301, Capital Bay Towers 1
What is 1301 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 18 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 13th of 18
- Parking
- B2-128
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 780K · April 2023
- Building
- Capital Bay Towers 1
About 1301, Capital Bay Towers 1
1301 is a studio of 459 sqft on the 13th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 12 April 2023 for AED 780,000, or AED 1,699 per sqft, 35% above the AED 1,260 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 18 September 2026, is AED 55,000 a year: a gross yield of 7.0% on the 2023 price.
Sales and rents for 1301 over time
1301 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 1301 sits
All 102 studios →1301 last sold in April 2023 at AED 1,699 per sqft, 35% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,260). 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. 1301's AED 55,000 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 13th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 2-bed | 1,250 sqft | AED 1.49MAED 1,490,000 · Oct 2025October 2025 | 130,000 /yr | |
| 1303 | Studio | 495 sqft | AED 525KAED 525,000 · Nov 2019November 2019 | 40,250 /yr | |
| 1304 | Studio | 638 sqft | AED 1.14MAED 1,139,250 · Oct 2013October 2013 | 48,000 /yr | |
| 1305 | 1-bed | 999 sqft | AED 1.61MAED 1,608,000 · Jan 2015January 2015 | 90,000 /yr | |
| 1306 | Studio | 541 sqft | AED 963KAED 962,500 · Jan 2015January 2015 | 50,000 /yr | |
| 1307 | 1-bed | 974 sqft | AED 2.11MAED 2,114,768 · Jun 2013June 2013 | 80,000 /yr | |
| 1308 | Studio | 556 sqft | AED 780KAED 780,000 · Jun 2025June 2025 | 50,000 /yr | |
| 1309 | 2-bed | 1,361 sqft | AED 2.22MAED 2,222,400 · Mar 2015March 2015 | 152,500 /yr | |
| 1310 | Studio | 505 sqft | AED 981KAED 980,700 · Feb 2013February 2013 | ||
| 1305A | 1-bed | 986 sqft | AED 1.63MAED 1,630,400 · Dec 2013December 2013 | 90,000 /yr |
1301, Capital Bay Towers 1 in numbers
- Sold 3 times: first on 14 April 2013 for AED 880,000, last on 12 April 2023 for AED 780,000 (AED 1,699 per sqft).
- Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 35,000 in 2021 and recovered to AED 55,000 by September 2026.
- At AED 55,000 a year the gross yield on the 2023 price is 7.0%.
- 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 18 September 2026.
Questions about 1301, Capital Bay Towers 1
What did unit 1301 last sell for?
AED 780,000 on 12 April 2023: AED 1,699 per sqft for 459 sqft. The unit has 3 registered sales; the first was AED 880,000 in April 2013.
What is the rent for unit 1301?
AED 55,000 a year on the contract renewed on 18 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since August 2016.
How big is unit 1301?
459 sqft (42.6 sqm): a studio on the 13th floor of a 18-storey tower completed in 2014.
What is unit 1301 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 1301? 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 1301, Capital Bay Towers 1
Starts from the last sale price (AED 780K, 12 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 780,000
- Deposit, UAE resident (20%)
- AED 156,000
- Deposit, non-resident (40%)
- AED 312,000
- Monthly over 25 years at 3.7%
- AED 3,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →