2-bed · 1,361 sqftCapital Bay Towers 1, Business Bay · 17th floor · completed 2014

1709, Capital Bay Towers 1

Sold prices and rental history: sold 3 times, last in April 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1709 · DLD and Ejari recordsUpdated 27 December 2025
Last soldAED 1.28M18 April 2019
Current rentAED 140K /yr27 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1709, Capital Bay Towers 1

What is 1709 worth today?

Last sold for AED 1,275,000 in 2019

Unlock today's estimate, updated daily, with

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

27 Dec 2025RentedNew contract
AED 140,000/yr12 months · AED 103 per sqft
2 Nov 2024RentedRenewal
AED 118,001/yr13 months · AED 87 per sqft
2 Nov 2023RentedNew contract
AED 118,000/yr12 months · AED 87 per sqft
1 Nov 2022RentedRenewal
AED 90,000/yr12 months · AED 66 per sqft
1 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
1 Jul 2020RentedRenewal
AED 85,000/yr12 months · AED 63 per sqft
1 Jul 2019RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
18 Apr 2019SoldReady
AED 1,275,000AED 936 per sqft

Source: Dubai Land Department. Updated 27 December 2025.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
17th of 18
Parking
B1-18
Developer
DAMAC
Completed
2014
Last sold
AED 1.28M · April 2019

About 1709, Capital Bay Towers 1

1709 is a two-bedroom apartment of 1,361 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 April 2019 for AED 1,275,000, or AED 936 per sqft.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 27 December 2025, is AED 140,000 a year: a gross yield of 11.0% on the 2019 price.

Sales and rents for 1709 over time

Sales
Unit 1709, each saleTypical two-bed in Capital Bay Towers 1
1M2M3M2012201620202024Typical 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, September 2013: AED 3,045,159 (AED 2,237 per sqft)Sold, November 2018: AED 1,100,000 (AED 808 per sqft)Sold, April 2019: AED 1,275,000 (AED 936 per sqft)

1709 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1709, each contractTypical two-bed in Capital Bay Towers 1
100K150K20152018202120242027Typical 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, October 2016: AED 135,000 a yearNew contract, July 2019: AED 90,000 a yearRenewal, July 2020: AED 85,000 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 90,000 a yearNew contract, November 2023: AED 118,000 a yearRenewal, November 2024: AED 118,001 a yearNew contract, December 2025: AED 140,000 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 1709 sits

All 44 2-beds →

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. 1709's AED 140,000 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
17022-bedAED 1.5M · Sep 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
1–7 of 10

1709, Capital Bay Towers 1 in numbers

  • Sold 3 times: first on 2 September 2013 for AED 3,045,159, last on 18 April 2019 for AED 1,275,000 (AED 936 per sqft).
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2021 and recovered to AED 140,000 by December 2025.
  • At AED 140,000 a year the gross yield on the 2019 price is 11.0%.
  • 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 27 December 2025.

Questions about 1709, Capital Bay Towers 1

What did unit 1709 last sell for?

AED 1,275,000 on 18 April 2019: AED 936 per sqft for 1,361 sqft. The unit has 3 registered sales; the first was AED 3,045,159 in September 2013.

What is the rent for unit 1709?

AED 140,000 a year on the contract signed on 27 December 2025. The previous contract, from November 2024, was AED 118,001; the unit has been rented since October 2016.

How big is unit 1709?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 17th floor of a 18-storey tower completed in 2014.

What is unit 1709 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 1709? 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 1709, Capital Bay Towers 1

Starts from the last sale price (AED 1.28M, 18 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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