Studio · 556 sqftCapital Bay Towers 1, Business Bay · 18th floor · completed 2014

1808, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 936K13 January 2015
Current rentAED 48K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Capital Bay Towers 1

What is 1808 worth today?

Last sold for AED 935,550 in 2015

Unlock today's estimate, updated daily, with

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

1 Sep 2026RentedNew contract
AED 48,000/yr12 months · AED 86 per sqft
5 Feb 2026RentedNew contract
AED 65,000/yr12 months · AED 117 per sqft
1 Feb 2025RentedNew contract
AED 64,000/yr12 months · AED 115 per sqft
4 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
13 Oct 2021RentedNew contract
AED 46,000/yr12 months · AED 82 per sqft
1 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 63 per sqft
1 Nov 2018RentedNew contract
AED 58,000/yr12 months · AED 104 per sqft
30 May 2018RentedNew contract
AED 54,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
556 sqft
Floor
18th of 18
Parking
B1-30
Developer
DAMAC
Completed
2014
Last sold
AED 936K · January 2015

About 1808, Capital Bay Towers 1

1808 is a studio of 556 sqft on the 18th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 13 January 2015 for AED 935,550, or AED 1,681 per sqft, in line with the AED 1,727 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 1 September 2026, is AED 48,000 a year: a gross yield of 5.1% on the 2015 price.

Sales and rents for 1808 over time

Sales
Unit 1808, each saleTypical studio in Capital Bay Towers 1
500K750K1M2012201620202024Typical sale price by year: 2012 AED 933,525; 2013 AED 931,175; 2014 AED 908,175; 2015 AED 935,550; 2016 AED 799,000; 2017 AED 710,000; 2018 AED 655,000; 2019 AED 500,000; 2020 AED 430,000; 2021 AED 450,000; 2022 AED 537,500; 2023 AED 621,311; 2024 AED 670,000; 2025 AED 700,000; 2026 AED 768,750Sold by developer, December 2013: AED 935,550 (AED 1,681 per sqft)Sold, January 2015: AED 935,550 (AED 1,681 per sqft)

1808 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1808, each contractTypical studio in Capital Bay Towers 1
40K60K80K2015201920232027Typical rent by year: 2015 AED 75,000; 2016 AED 70,000; 2017 AED 62,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 45,000; 2023 AED 53,000; 2024 AED 57,000; 2025 AED 60,000; 2026 AED 56,500New contract, August 2017: AED 70,000 a yearNew contract, May 2018: AED 54,000 a yearNew contract, November 2018: AED 58,000 a yearNew contract, November 2020: AED 35,000 a yearNew contract, October 2021: AED 46,000 a yearNew contract, December 2022: AED 60,000 a yearNew contract, February 2025: AED 64,000 a yearNew contract, February 2026: AED 65,000 a yearNew contract, September 2026: AED 48,000 a year

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 1808 sits

All 102 studios →

1808 last sold in January 2015 at AED 1,681 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 1,727). 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. 1808's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Aug 2026787,500
20 Feb 2026720,000
13 Feb 2026750,000
9 Feb 2026855,000
7 studio 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 18th floor

All 176 units in Capital Bay Towers 1
Value
1801StudioAED 794K · Aug 2013
18022-bedAED 2.04M · Jan 2015
1803StudioAED 808K · Jan 2015
1804StudioAED 1.07M · Feb 2015
18051-bedAED 1.61M · Dec 2013
1806StudioAED 1.01M · Mar 2015
18071-bedAED 1.59M · Jan 2015
1–7 of 10

1808, Capital Bay Towers 1 in numbers

  • Sold twice: first on 21 December 2013 for AED 935,550, last on 13 January 2015 for AED 935,550 (AED 1,681 per sqft).
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2020 and recovered to AED 48,000 by September 2026.
  • At AED 48,000 a year the gross yield on the 2015 price is 5.1%.
  • 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 1 September 2026.

Questions about 1808, Capital Bay Towers 1

What did unit 1808 last sell for?

AED 935,550 on 13 January 2015: AED 1,681 per sqft for 556 sqft. The unit has 2 registered sales; the first was AED 935,550 in December 2013.

What is the rent for unit 1808?

AED 48,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2026, was AED 65,000; the unit has been rented since August 2017.

How big is unit 1808?

556 sqft (51.7 sqm): a studio on the 18th floor of a 18-storey tower completed in 2014.

What is unit 1808 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.

Selling 1808? 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 1808, Capital Bay Towers 1

Starts from the last sale price (AED 936K, 13 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 935,550
Deposit, UAE resident (20%)
AED 187,110
Deposit, non-resident (40%)
AED 374,220
Monthly over 25 years at 3.7%
AED 3,828

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