2-bed · 1,250 sqftCapital Bay Towers 1, Business Bay · 17th floor · completed 2014

1702, Capital Bay Towers 1

Sold prices and rental history: sold 4 times, last in September 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 30 January 2026
Last soldAED 1.5M30 September 2025
Current rentAED 120K /yr30 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Capital Bay Towers 1

What is 1702 worth today?

Last sold for AED 1,500,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Jan 2026RentedNew contract
AED 120,000/yr12 months · AED 96 per sqft
30 Sep 2025SoldReady
AED 1,500,000AED 1,200 per sqft
23 May 2025RentedNew contract
AED 135,000/yr12 months · AED 108 per sqft
23 May 2025RentedNew contract
AED 135,000/yr12 months · AED 108 per sqft
16 Apr 2025SoldReady
AED 1,350,000AED 1,080 per sqft
9 Aug 2022RentedRenewal
AED 84,000/yr12 months · AED 67 per sqft
9 Aug 2021RentedRenewal
AED 75,000/yr12 months · AED 60 per sqft
9 Aug 2020RentedNew contract
AED 63,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type
2-bed apartment
Size
1,250 sqft
Floor
17th of 18
Parking
B1-10
Developer
DAMAC
Completed
2014
Last sold
AED 1.5M · September 2025

About 1702, Capital Bay Towers 1

1702 is a two-bedroom apartment of 1,250 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 30 September 2025 for AED 1,500,000, or AED 1,200 per sqft, 7% above the AED 1,120 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 30 January 2026, is AED 120,000 a year: a gross yield of 8.0% on the 2025 price.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical two-bed in Capital Bay Towers 1
1M2M2012201620202024Typical sale price by year: 2012 AED 2,647,356; 2013 AED 2,044,000; 2014 AED 2,319,771; 2015 AED 2,222,400; 2016 AED 1,550,000; 2017 AED 1,600,000; 2020 AED 1,075,000; 2023 AED 1,285,000; 2024 AED 1,500,000; 2025 AED 1,495,000Sold by developer, October 2013: AED 2,043,200 (AED 1,635 per sqft)Sold, January 2015: AED 2,043,200 (AED 1,635 per sqft)Sold, April 2025: AED 1,350,000 (AED 1,080 per sqft)Sold, September 2025: AED 1,500,000 (AED 1,200 per sqft)

1702 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Capital Bay Towers 1
50K100K150K20152018202120242027Typical rent by year: 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 95,000; 2024 AED 114,387; 2025 AED 126,500; 2026 AED 115,000New contract, June 2015: AED 150,000 a yearNew contract, August 2019: AED 80,000 a yearNew contract, August 2020: AED 63,000 a yearRenewal, August 2021: AED 75,000 a yearRenewal, August 2022: AED 84,000 a yearNew contract, May 2025: AED 135,000 a yearNew contract, May 2025: AED 135,000 a yearNew contract, January 2026: AED 120,000 a year

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 1702 sits

All 44 2-beds →

1702 last sold in September 2025 at AED 1,200 per sqft, 7% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,120). 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. 1702's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,075,200
16 Apr 20261,550,000
15 Dec 20252,085,760
2 Oct 20251,490,000
3 2-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 62K /yr
Typical yield
7.2%
Capital Bay Towers 1, Business Bay: prices, sales and rents →

Other units on the 17th floor

All 176 units in Capital Bay Towers 1
Value
1701StudioAED 690K · May 2025
1703StudioAED 833K · Dec 2014
1704StudioAED 690K · Mar 2018
17051-bedAED 1.71M · Feb 2015
1706StudioAED 458K · Nov 2021
17071-bedAED 1.05M · May 2024
1708StudioAED 907K · Feb 2015
1–7 of 10

1702, Capital Bay Towers 1 in numbers

  • Sold 4 times: first on 8 October 2013 for AED 2,043,200, last on 30 September 2025 for AED 1,500,000 (AED 1,200 per sqft).
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 63,000 in 2020 and recovered to AED 120,000 by January 2026.
  • At AED 120,000 a year the gross yield on the 2025 price is 8.0%.
  • 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 30 January 2026.

Questions about 1702, Capital Bay Towers 1

What did unit 1702 last sell for?

AED 1,500,000 on 30 September 2025: AED 1,200 per sqft for 1,250 sqft. The unit has 4 registered sales; the first was AED 2,043,200 in October 2013.

What is the rent for unit 1702?

AED 120,000 a year on the contract signed on 30 January 2026. The previous contract, from May 2025, was AED 135,000; the unit has been rented since June 2015.

How big is unit 1702?

1,250 sqft (116.1 sqm): a two-bedroom apartment on the 17th floor of a 18-storey tower completed in 2014.

What is unit 1702 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 1702? 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.

How OpenOffers works

Mortgage on 1702, Capital Bay Towers 1

Starts from the last sale price (AED 1.5M, 30 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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