1706, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in November 2021, 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 1706, Capital Bay Towers 1
What is 1706 worth today?
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Source: Dubai Land Department. Updated 24 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 17th of 18
- Parking
- B1-15
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 458K · November 2021
- Building
- Capital Bay Towers 1
About 1706, Capital Bay Towers 1
1706 is a studio of 541 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 18 November 2021 for AED 458,000, or AED 846 per sqft, in line with the AED 832 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 24 November 2025, is AED 65,000 a year: a gross yield of 14.2% on the 2021 price.
Sales and rents for 1706 over time
1706 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 1706 sits
All 102 studios →1706 last sold in November 2021 at AED 846 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 832). 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. 1706's AED 65,000 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 17th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 459 sqft | AED 690KAED 690,000 · May 2025May 2025 | 54,000 /yr | |
| 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 | |
| 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 | 78,000 /yr |
1706, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 8 October 2013 for AED 884,800, last on 18 November 2021 for AED 458,000 (AED 846 per sqft).
- Rented since April 2018 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 35,000 in 2021 and recovered to AED 65,000 by November 2025.
- At AED 65,000 a year the gross yield on the 2021 price is 14.2%.
- 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 24 November 2025.
Questions about 1706, Capital Bay Towers 1
What did unit 1706 last sell for?
AED 458,000 on 18 November 2021: AED 846 per sqft for 541 sqft. The unit has 4 registered sales; the first was AED 884,800 in October 2013.
What is the rent for unit 1706?
AED 65,000 a year on the contract signed on 24 November 2025. The previous contract, from August 2024, was AED 55,000; the unit has been rented since April 2018.
How big is unit 1706?
541 sqft (50.3 sqm): a studio on the 17th floor of a 18-storey tower completed in 2014.
What is unit 1706 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 1706, Capital Bay Towers 1
Starts from the last sale price (AED 458K, 18 November 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 458,000
- Deposit, UAE resident (20%)
- AED 91,600
- Deposit, non-resident (40%)
- AED 183,200
- Monthly over 25 years at 3.7%
- AED 1,874
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →