1-bed · 974 sqftCapital Bay Towers 1, Business Bay · 14th floor · completed 2014

1407, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 2.63M7 January 2015
Current rentAED 75K /yr2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Capital Bay Towers 1

What is 1407 worth today?

Last sold for AED 2,626,966 in 2015

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2 Nov 2026RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
14 May 2026RentedRenewal
AED 130,000/yr12 months · AED 134 per sqft
14 May 2026RentedRenewal
AED 85,000/yr12 months · AED 88 per sqft
14 May 2025RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
14 May 2025RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
10 Feb 2022RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
8 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
7 Jan 2015SoldReady
AED 2,626,966AED 2,697 per sqft

Source: Dubai Land Department. Updated 2 November 2026.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
14th of 18
Parking
B2-146
Developer
DAMAC
Completed
2014
Last sold
AED 2.63M · January 2015

About 1407, Capital Bay Towers 1

1407 is a one-bedroom apartment of 974 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 7 January 2015 for AED 2,626,966, or AED 2,697 per sqft, 50% above the AED 1,800 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 2 November 2026, is AED 75,000 a year: a gross yield of 2.9% on the 2015 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Capital Bay Towers 1
1M2M2012201620202024Typical sale price by year: 2012 AED 1,866,104; 2013 AED 1,630,400; 2014 AED 1,753,700; 2015 AED 1,708,500; 2023 AED 900,000; 2025 AED 1,108,586Sold by developer, July 2013: AED 2,626,966 (AED 2,697 per sqft)Sold, January 2015: AED 2,626,966 (AED 2,697 per sqft)

1407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Capital Bay Towers 1
50K100K2015201920232027Typical rent by year: 2015 AED 98,911; 2016 AED 95,500; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 61,250; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 84,000New contract, December 2017: AED 75,000 a yearNew contract, February 2022: AED 60,000 a yearNew contract, May 2025: AED 85,000 a yearNew contract, May 2025: AED 85,000 a yearRenewal, May 2026: AED 130,000 a yearRenewal, May 2026: AED 85,000 a yearNew contract, November 2026: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Capital Bay Towers 1, and where 1407 sits

All 30 1-beds →

1407 last sold in January 2015 at AED 2,697 per sqft, 50% above what one-beds in Capital Bay Towers 1 were fetching at the time (AED 1,800). Over the last 12 months one-beds sold for AED 1,125,000 to 1,401,100, around AED 1,297 per sqft, and rent for AED 65,000 to 145,000 a year. 1407's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20261,401,100
26 Dec 20251,125,000
4 Sep 20251,108,586
19 Jun 20251,100,000
2 1-bed 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 14th floor

All 176 units in Capital Bay Towers 1
Value
1401StudioAED 735K · Jul 2024
14022-bedAED 1.55M · Aug 2025
1403StudioAED 605K · Feb 2023
1404StudioAED 800K · May 2025
14051-bedAED 1.61M · Nov 2013
1406StudioAED 710K · Oct 2025
1408StudioAED 455K · Sep 2021
1–7 of 10

1407, Capital Bay Towers 1 in numbers

  • Sold twice: first on 4 July 2013 for AED 2,626,966, last on 7 January 2015 for AED 2,626,966 (AED 2,697 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 60,000 in 2022 and recovered to AED 75,000 by November 2026.
  • At AED 75,000 a year the gross yield on the 2015 price is 2.9%.
  • One-beds in Capital Bay Towers 1 sold for AED 1,125,000–1,401,100 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 2 November 2026.

Questions about 1407, Capital Bay Towers 1

What did unit 1407 last sell for?

AED 2,626,966 on 7 January 2015: AED 2,697 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 2,626,966 in July 2013.

What is the rent for unit 1407?

AED 75,000 a year on the contract signed on 2 November 2026. The previous contract, from May 2026, was AED 130,000; the unit has been rented since December 2017.

How big is unit 1407?

974 sqft (90.5 sqm): a one-bedroom apartment on the 14th floor of a 18-storey tower completed in 2014.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Capital Bay Towers 1 sold for AED 1,125,000 to 1,401,100 in the last 12 months, around AED 1,297 per sqft.

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Mortgage on 1407, Capital Bay Towers 1

Starts from the last sale price (AED 2.63M, 7 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,626,966
Deposit, UAE resident (20%)
AED 525,393
Deposit, non-resident (40%)
AED 1,050,786
Monthly over 25 years at 3.7%
AED 10,748

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