1502, Capital Bay Towers 1
Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1502, Capital Bay Towers 1
What is 1502 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 3 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,250 sqft
- Floor
- 15th of 18
- Parking
- B2-151
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.44M · January 2015
- Building
- Capital Bay Towers 1
About 1502, Capital Bay Towers 1
1502 is a two-bedroom apartment of 1,250 sqft on the 15th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 28 January 2015 for AED 2,436,820, or AED 1,950 per sqft, 19% above the AED 1,637 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 3 October 2025, is AED 110,000 a year: a gross yield of 4.5% on the 2015 price.
Sales and rents for 1502 over time
1502 has sold once; 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 1502 sits
All 44 2-beds →1502 last sold in January 2015 at AED 1,950 per sqft, 19% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,637). 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. 1502's AED 110,000 is in the lower half 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 15th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 459 sqft | AED 928KAED 927,927 · Jun 2015June 2015 | 55,000 /yr | |
| 1503 | Studio | 495 sqft | AED 1.04MAED 1,037,400 · Jun 2015June 2015 | 55,000 /yr | |
| 1504 | Studio | 638 sqft | AED 621KAED 621,311 · Jun 2023June 2023 | 60,000 /yr | |
| 1505 | 2-bed | 1,948 sqft | AED 3.37MAED 3,374,096 · Jul 2016July 2016 | ||
| 1506 | Studio | 541 sqft | AED 836KAED 835,940 · Jul 2022July 2022 | 50,000 /yr | |
| 1507 | 1-bed | 974 sqft | AED 1.87MAED 1,874,299 · Jan 2015January 2015 | 72,600 /yr | |
| 1508 | Studio | 556 sqft | AED 640KAED 639,500 · Apr 2025April 2025 | 60,000 /yr | |
| 1509 | 2-bed | 1,361 sqft | AED 1.29MAED 1,285,000 · May 2023May 2023 | 75,000 /yr | |
| 1510 | Studio | 505 sqft | AED 735KAED 735,000 · Feb 2025February 2025 | 54,000 /yr |
1502, Capital Bay Towers 1 in numbers
- Sold once: by DAMAC on 28 January 2015 for AED 2,436,820, or AED 1,950 per sqft.
- Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 63,000 in 2020 and recovered to AED 110,000 by October 2025.
- At AED 110,000 a year the gross yield on the 2015 price is 4.5%.
- 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 3 October 2025.
Questions about 1502, Capital Bay Towers 1
What did unit 1502 last sell for?
AED 2,436,820 on 28 January 2015, sold by the developer: AED 1,950 per sqft for 1,250 sqft. It is the only registered sale of the unit.
What is the rent for unit 1502?
AED 110,000 a year on the contract signed on 3 October 2025. The previous contract, from November 2023, was AED 110,000; the unit has been rented since August 2018.
How big is unit 1502?
1,250 sqft (116.1 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1502 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.
Selling 1502? 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 1502, Capital Bay Towers 1
Starts from the last sale price (AED 2.44M, 28 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,436,820
- Deposit, UAE resident (20%)
- AED 487,364
- Deposit, non-resident (40%)
- AED 974,728
- Monthly over 25 years at 3.7%
- AED 9,970
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →