1403, Capital Bay Towers 1
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1403, Capital Bay Towers 1
What is 1403 worth today?
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Source: Dubai Land Department. Updated 20 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 14th of 18
- Parking
- B2-141
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 605K · February 2023
- Building
- Capital Bay Towers 1
About 1403, Capital Bay Towers 1
1403 is a studio of 495 sqft on the 14th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 2 February 2023 for AED 605,000, or AED 1,222 per sqft, 21% above the AED 1,009 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 20 June 2026, is AED 50,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 1403 over time
1403 has sold twice; 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 1403 sits
All 102 studios →1403 last sold in February 2023 at AED 1,222 per sqft, 21% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,009). 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. 1403's AED 50,000 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 14th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 459 sqft | AED 735KAED 735,000 · Jul 2024July 2024 | 59,000 /yr | |
| 1402 | 2-bed | 1,250 sqft | AED 1.55MAED 1,550,000 · Aug 2025August 2025 | 70,000 /yr | |
| 1404 | Studio | 638 sqft | AED 800KAED 800,000 · May 2025May 2025 | 50,000 /yr | |
| 1405 | 1-bed | 999 sqft | AED 1.61MAED 1,608,000 · Nov 2013November 2013 | ||
| 1406 | Studio | 541 sqft | AED 710KAED 710,000 · Oct 2025October 2025 | 30,000 /yr | |
| 1407 | 1-bed | 974 sqft | AED 2.63MAED 2,626,966 · Jan 2015January 2015 | 75,000 /yr | |
| 1408 | Studio | 556 sqft | AED 455KAED 455,000 · Sep 2021September 2021 | 50,000 /yr | |
| 1409 | 2-bed | 1,361 sqft | AED 2.97MAED 2,972,876 · Jun 2013June 2013 | 100,000 /yr | |
| 1410 | Studio | 505 sqft | AED 680KAED 680,000 · May 2018May 2018 | 48,000 /yr | |
| 1405A | 1-bed | 986 sqft | AED 1.63MAED 1,630,400 · Dec 2013December 2013 | 85,000 /yr |
1403, Capital Bay Towers 1 in numbers
- Sold twice: first on 13 May 2015 for AED 1,000,273, last on 2 February 2023 for AED 605,000 (AED 1,222 per sqft).
- Rented since August 2019 on 10 Ejari contracts, from AED 48,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 8.3%.
- 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 20 June 2026.
Questions about 1403, Capital Bay Towers 1
What did unit 1403 last sell for?
AED 605,000 on 2 February 2023: AED 1,222 per sqft for 495 sqft. The unit has 2 registered sales; the first was AED 1,000,273 in May 2015.
What is the rent for unit 1403?
AED 50,000 a year on the contract signed on 20 June 2026. The previous contract, from April 2025, was AED 59,834; the unit has been rented since August 2019.
How big is unit 1403?
495 sqft (46.0 sqm): a studio on the 14th floor of a 18-storey tower completed in 2014.
What is unit 1403 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 1403, Capital Bay Towers 1
Starts from the last sale price (AED 605K, 2 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 605,000
- Deposit, UAE resident (20%)
- AED 121,000
- Deposit, non-resident (40%)
- AED 242,000
- Monthly over 25 years at 3.7%
- AED 2,475
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →