1-bed · 974 sqftCapital Bay Towers 1, Business Bay · 17th floor · completed 2014

1707, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.05M9 May 2024
Current rentAED 65K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Capital Bay Towers 1

What is 1707 worth today?

Last sold for AED 1,050,000 in 2024

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1 Sep 2026RentedNew contract
AED 65,000/yr12 months · AED 67 per sqft
13 Jan 2025RentedNew contract
AED 95,000/yr12 months · AED 98 per sqft
13 Jan 2025RentedNew contract
AED 95,000/yr12 months · AED 98 per sqft
9 May 2024SoldReady
AED 1,050,000AED 1,078 per sqft
5 Jan 2021RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft
5 Jan 2020RentedRenewal
AED 59,000/yr12 months · AED 61 per sqft
5 Jan 2019RentedNew contract
AED 68,000/yr12 months · AED 70 per sqft
3 Oct 2012Sold by developerOff-plan
AED 2,045,683AED 2,100 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
974 sqft
Floor
17th of 18
Parking
B1-16
Developer
DAMAC
Completed
2014
Last sold
AED 1.05M · May 2024

About 1707, Capital Bay Towers 1

1707 is a one-bedroom apartment of 974 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 9 May 2024 for AED 1,050,000, or AED 1,078 per sqft, 8% above the AED 1,001 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 September 2026, is AED 65,000 a year: a gross yield of 6.2% on the 2024 price.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical one-bed in Capital Bay Towers 1
1M2M2012201620202024Typical sale price by year: 2012 AED 1,866,104; 2013 AED 1,630,400; 2014 AED 1,753,700; 2015 AED 1,708,500; 2023 AED 900,000; 2025 AED 1,108,586Sold by developer, October 2012: AED 2,045,683 (AED 2,100 per sqft)Sold, May 2024: AED 1,050,000 (AED 1,078 per sqft)

1707 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1707, each contractTypical one-bed in Capital Bay Towers 1
50K75K100K2015201920232027Typical rent by year: 2015 AED 98,911; 2016 AED 95,500; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 61,250; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 84,000New contract, January 2019: AED 68,000 a yearRenewal, January 2020: AED 59,000 a yearRenewal, January 2021: AED 45,000 a yearNew contract, January 2025: AED 95,000 a yearNew contract, January 2025: AED 95,000 a yearNew contract, September 2026: AED 65,000 a year

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 1707 sits

All 30 1-beds →

1707 last sold in May 2024 at AED 1,078 per sqft, 8% above what one-beds in Capital Bay Towers 1 were fetching at the time (AED 1,001). 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. 1707's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20261,401,100
26 Dec 20251,125,000
4 Sep 20251,108,586
19 Jun 20251,100,000
2 1-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 64K /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
17022-bedAED 1.5M · Sep 2025
1703StudioAED 833K · Dec 2014
1704StudioAED 690K · Mar 2018
17051-bedAED 1.71M · Feb 2015
1706StudioAED 458K · Nov 2021
1708StudioAED 907K · Feb 2015
1–7 of 10

1707, Capital Bay Towers 1 in numbers

  • Sold twice: first on 3 October 2012 for AED 2,045,683, last on 9 May 2024 for AED 1,050,000 (AED 1,078 per sqft).
  • Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 45,000 in 2021 and recovered to AED 65,000 by September 2026.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.2%.
  • 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 1 September 2026.

Questions about 1707, Capital Bay Towers 1

What did unit 1707 last sell for?

AED 1,050,000 on 9 May 2024: AED 1,078 per sqft for 974 sqft. The unit has 2 registered sales; the first was AED 2,045,683 in October 2012.

What is the rent for unit 1707?

AED 65,000 a year on the contract signed on 1 September 2026. The previous contract, from January 2025, was AED 95,000; the unit has been rented since January 2019.

How big is unit 1707?

974 sqft (90.5 sqm): a one-bedroom apartment on the 17th floor of a 18-storey tower completed in 2014.

What is unit 1707 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 1707, Capital Bay Towers 1

Starts from the last sale price (AED 1.05M, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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