1504, Capital Bay Towers 1
Sold prices and rental history: sold twice, last in June 2023, 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 1504, Capital Bay Towers 1
What is 1504 worth today?
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Source: Dubai Land Department. Updated 25 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 638 sqft
- Floor
- 15th of 18
- Parking
- B2-154
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 621K · June 2023
- Building
- Capital Bay Towers 1
About 1504, Capital Bay Towers 1
1504 is a studio of 638 sqft on the 15th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 21 June 2023 for AED 621,311, or AED 973 per sqft, 15% below the AED 1,151 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 March 2026, is AED 60,000 a year: a gross yield of 9.7% on the 2023 price.
Sales and rents for 1504 over time
1504 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 1504 sits
All 102 studios →1504 last sold in June 2023 at AED 973 per sqft, 15% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,151). 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. 1504's AED 60,000 is in the upper 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 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 | |
| 1502 | 2-bed | 1,250 sqft | AED 2.44MAED 2,436,820 · Jan 2015January 2015 | 110,000 /yr | |
| 1503 | Studio | 495 sqft | AED 1.04MAED 1,037,400 · Jun 2015June 2015 | 55,000 /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 |
1504, Capital Bay Towers 1 in numbers
- Sold twice: first on 28 January 2015 for AED 1,337,600, last on 21 June 2023 for AED 621,311 (AED 973 per sqft).
- Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 38,000 in 2022 and recovered to AED 60,000 by March 2026.
- At AED 60,000 a year the gross yield on the 2023 price is 9.7%.
- 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 25 March 2026.
Questions about 1504, Capital Bay Towers 1
What did unit 1504 last sell for?
AED 621,311 on 21 June 2023: AED 973 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 1,337,600 in January 2015.
What is the rent for unit 1504?
AED 60,000 a year on the contract signed on 25 March 2026. The previous contract, from September 2023, was AED 43,000; the unit has been rented since April 2018.
How big is unit 1504?
638 sqft (59.3 sqm): a studio on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1504 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 1504, Capital Bay Towers 1
Starts from the last sale price (AED 621K, 21 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 621,311
- Deposit, UAE resident (20%)
- AED 124,262
- Deposit, non-resident (40%)
- AED 248,524
- Monthly over 25 years at 3.7%
- AED 2,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →