1701, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in May 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1701, Capital Bay Towers 1
What is 1701 worth today?
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Source: Dubai Land Department. Updated 21 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 17th of 18
- Parking
- B1-09
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 690K · May 2025
- Building
- Capital Bay Towers 1
About 1701, Capital Bay Towers 1
1701 is a studio of 459 sqft on the 17th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 21 May 2025 for AED 690,000, or AED 1,503 per sqft, 17% above the AED 1,283 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 54,000 a year: a gross yield of 7.8% on the 2025 price.
Sales and rents for 1701 over time
1701 has sold 4 times; 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 1701 sits
All 102 studios →1701 last sold in May 2025 at AED 1,503 per sqft, 17% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,283). 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. 1701's AED 54,000 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 17th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 2-bed | 1,250 sqft | AED 1.5MAED 1,500,000 · Sep 2025September 2025 | 120,000 /yr | |
| 1703 | Studio | 495 sqft | AED 833KAED 833,250 · Dec 2014December 2014 | 62,000 /yr | |
| 1704 | Studio | 638 sqft | AED 690KAED 690,000 · Mar 2018March 2018 | 65,000 /yr | |
| 1705 | 1-bed | 999 sqft | AED 1.71MAED 1,708,500 · Feb 2015February 2015 | 72,000 /yr | |
| 1706 | Studio | 541 sqft | AED 458KAED 458,000 · Nov 2021November 2021 | 65,000 /yr | |
| 1707 | 1-bed | 974 sqft | AED 1.05MAED 1,050,000 · May 2024May 2024 | 65,000 /yr | |
| 1708 | Studio | 556 sqft | AED 907KAED 907,200 · Feb 2015February 2015 | 60,000 /yr | |
| 1709 | 2-bed | 1,361 sqft | AED 1.28MAED 1,275,000 · Apr 2019April 2019 | 140,000 /yr | |
| 1710 | Studio | 505 sqft | AED 700KAED 700,000 · Dec 2025December 2025 | 60,000 /yr | |
| 1705A | 1-bed | 986 sqft | AED 1.63MAED 1,630,400 · Feb 2015February 2015 | 110,000 /yr |
1701, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 23 June 2013 for AED 793,900, last on 21 May 2025 for AED 690,000 (AED 1,503 per sqft).
- Rented since January 2016 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 38,000 in 2021 and recovered to AED 54,000 by February 2024.
- At AED 54,000 a year the gross yield on the 2025 price is 7.8%.
- 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 21 May 2025.
Questions about 1701, Capital Bay Towers 1
What did unit 1701 last sell for?
AED 690,000 on 21 May 2025: AED 1,503 per sqft for 459 sqft. The unit has 4 registered sales; the first was AED 793,900 in June 2013.
What is the rent for unit 1701?
AED 54,000 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 54,000; the unit has been rented since January 2016.
How big is unit 1701?
459 sqft (42.6 sqm): a studio on the 17th floor of a 18-storey tower completed in 2014.
What is unit 1701 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 1701, Capital Bay Towers 1
Starts from the last sale price (AED 690K, 21 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 690,000
- Deposit, UAE resident (20%)
- AED 138,000
- Deposit, non-resident (40%)
- AED 276,000
- Monthly over 25 years at 3.7%
- AED 2,823
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →