1607, Capital Bay Towers 1
Sold prices and rental history: sold twice, last 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 1607, Capital Bay Towers 1
What is 1607 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 16th of 18
- Parking
- B1-05
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.78M · January 2015
- Building
- Capital Bay Towers 1
About 1607, Capital Bay Towers 1
1607 is a one-bedroom apartment of 974 sqft on the 16th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 13 January 2015 for AED 1,784,300, or AED 1,832 per sqft, in line with the AED 1,816 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 83,000 a year: a gross yield of 4.7% on the 2015 price.
Sales and rents for 1607 over time
1607 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1607 sits
All 30 1-beds →1607 last sold in January 2015 at AED 1,832 per sqft, in line with what one-beds in Capital Bay Towers 1 were fetching at the time (AED 1,816). 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. 1607's AED 83,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 974 sqft | 1,401,100 | 1,438 | ||
| 26 Dec 202526 December 2025 | 974 sqft | 1,125,000 | 1,155 | ||
| 4 Sep 20254 September 2025 | 974 sqft | 1,108,586 | 1,138 | ||
| 19 Jun 202519 June 2025 | 974 sqft | 1,100,000 | 1,129 |
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 16th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 459 sqft | AED 750KAED 750,000 · Feb 2026February 2026 | 50,000 /yr | |
| 1602 | 2-bed | 1,250 sqft | AED 1.2MAED 1,200,000 · Jan 2023January 2023 | 74,000 /yr | |
| 1603 | Studio | 495 sqft | AED 645KAED 645,000 · Sep 2023September 2023 | 60,000 /yr | |
| 1604 | Studio | 638 sqft | AED 775KAED 775,000 · Jan 2024January 2024 | 50,000 /yr | |
| 1605 | 1-bed | 999 sqft | AED 1.61MAED 1,608,000 · Dec 2013December 2013 | 140,000 /yr | |
| 1606 | Studio | 541 sqft | AED 885KAED 884,800 · Dec 2014December 2014 | 59,000 /yr | |
| 1608 | Studio | 556 sqft | AED 936KAED 935,550 · Oct 2016October 2016 | 64,000 /yr | |
| 1609 | 2-bed | 1,361 sqft | AED 1.23MAED 1,225,000 · Mar 2022March 2022 | 110,000 /yr | |
| 1610 | Studio | 505 sqft | AED 903KAED 903,000 · Feb 2015February 2015 | 45,000 /yr | |
| 1605A | 1-bed | 986 sqft | AED 1.63MAED 1,630,400 · Feb 2015February 2015 | 90,000 /yr |
1607, Capital Bay Towers 1 in numbers
- Sold twice: first on 3 January 2013 for AED 1,784,300, last on 13 January 2015 for AED 1,784,300 (AED 1,832 per sqft).
- Rented since February 2018 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2020 and recovered to AED 83,000 by September 2026.
- At AED 83,000 a year the gross yield on the 2015 price is 4.7%.
- 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 25 September 2026.
Questions about 1607, Capital Bay Towers 1
What did unit 1607 last sell for?
AED 1,784,300 on 13 January 2015: AED 1,832 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 1,784,300 in January 2013.
What is the rent for unit 1607?
AED 83,000 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 83,000; the unit has been rented since February 2018.
How big is unit 1607?
974 sqft (90.5 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1607 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 1607, Capital Bay Towers 1
Starts from the last sale price (AED 1.78M, 13 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,784,300
- Deposit, UAE resident (20%)
- AED 356,860
- Deposit, non-resident (40%)
- AED 713,720
- Monthly over 25 years at 3.7%
- AED 7,300
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →