1708, Capital Bay Towers 1
Sold prices and rental history: sold twice, last in February 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 1708, Capital Bay Towers 1
What is 1708 worth today?
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Source: Dubai Land Department. Updated 2 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 556 sqft
- Floor
- 17th of 18
- Parking
- B1-17
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 907K · February 2015
- Building
- Capital Bay Towers 1
About 1708, Capital Bay Towers 1
1708 is a studio of 556 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 16 February 2015 for AED 907,200, or AED 1,630 per sqft, 6% below the AED 1,729 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 2 March 2026, is AED 60,000 a year: a gross yield of 6.6% on the 2015 price.
Sales and rents for 1708 over time
1708 has sold twice; 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 1708 sits
All 102 studios →1708 last sold in February 2015 at AED 1,630 per sqft, 6% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,729). 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. 1708's AED 60,000 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 64K /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 | |
| 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 | |
| 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 |
1708, Capital Bay Towers 1 in numbers
- Sold twice: first on 8 October 2013 for AED 907,200, last on 16 February 2015 for AED 907,200 (AED 1,630 per sqft).
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 33,000 in 2020 and recovered to AED 60,000 by March 2026.
- At AED 60,000 a year the gross yield on the 2015 price is 6.6%.
- 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 2 March 2026.
Questions about 1708, Capital Bay Towers 1
What did unit 1708 last sell for?
AED 907,200 on 16 February 2015: AED 1,630 per sqft for 556 sqft. The unit has 2 registered sales; the first was AED 907,200 in October 2013.
What is the rent for unit 1708?
AED 60,000 a year on the contract renewed on 2 March 2026. The previous contract, from March 2025, was AED 60,000; the unit has been rented since June 2018.
How big is unit 1708?
556 sqft (51.7 sqm): a studio on the 17th floor of a 18-storey tower completed in 2014.
What is unit 1708 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 1708, Capital Bay Towers 1
Starts from the last sale price (AED 907K, 16 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 907,200
- Deposit, UAE resident (20%)
- AED 181,440
- Deposit, non-resident (40%)
- AED 362,880
- Monthly over 25 years at 3.7%
- AED 3,712
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →