2-bed · 1,361 sqftCapital Bay Towers 1, Business Bay · 18th floor · completed 2014

1809, Capital Bay Towers 1

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1809 · DLD and Ejari recordsUpdated 20 September 2026
Last soldAED 2.39M9 March 2014
Current rentAED 110K /yr20 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1809, Capital Bay Towers 1

What is 1809 worth today?

Last sold for AED 2,394,600 in 2014

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20 Sep 2026RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
26 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft
26 Nov 2023RentedRenewal
AED 81,750/yr12 months · AED 60 per sqft
26 Nov 2022RentedRenewal
AED 73,250/yr12 months · AED 54 per sqft
26 Nov 2021RentedRenewal
AED 68,250/yr12 months · AED 50 per sqft
14 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
1 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
10 Mar 2019RentedRenewal
AED 95,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 20 September 2026.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
18th of 18
Parking
B1-32
Developer
DAMAC
Completed
2014
Last sold
AED 2.39M · March 2014

About 1809, Capital Bay Towers 1

1809 is a two-bedroom apartment of 1,361 sqft on the 18th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 9 March 2014 for AED 2,394,600, or AED 1,759 per sqft, 8% above the AED 1,635 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 20 September 2026, is AED 110,000 a year: a gross yield of 4.6% on the 2014 price.

Sales and rents for 1809 over time

Sales
Unit 1809, each saleTypical two-bed in Capital Bay Towers 1
1M2M2012201620202024Typical 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, March 2014: AED 2,394,600 (AED 1,759 per sqft)

1809 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1809, each contractTypical two-bed in Capital Bay Towers 1
100K150K2015201920232027Typical 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, May 2015: AED 135,000 a yearNew contract, July 2016: AED 132,000 a yearRenewal, March 2019: AED 95,000 a yearNew contract, November 2019: AED 85,000 a yearNew contract, November 2020: AED 65,000 a yearRenewal, November 2021: AED 68,250 a yearRenewal, November 2022: AED 73,250 a yearRenewal, November 2023: AED 81,750 a yearNew contract, November 2024: AED 120,000 a yearNew contract, September 2026: AED 110,000 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 1809 sits

All 44 2-beds →

1809 last sold in March 2014 at AED 1,759 per sqft, 8% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,635). 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. 1809's AED 110,000 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 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

1809, Capital Bay Towers 1 in numbers

  • Sold once: by DAMAC on 9 March 2014 for AED 2,394,600, or AED 1,759 per sqft.
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2020 and recovered to AED 110,000 by September 2026.
  • At AED 110,000 a year the gross yield on the 2014 price is 4.6%.
  • 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 20 September 2026.

Questions about 1809, Capital Bay Towers 1

What did unit 1809 last sell for?

AED 2,394,600 on 9 March 2014, sold by the developer: AED 1,759 per sqft for 1,361 sqft. It is the only registered sale of the unit.

What is the rent for unit 1809?

AED 110,000 a year on the contract signed on 20 September 2026. The previous contract, from November 2024, was AED 120,000; the unit has been rented since May 2015.

How big is unit 1809?

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

What is unit 1809 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.

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Mortgage on 1809, Capital Bay Towers 1

Starts from the last sale price (AED 2.39M, 9 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,394,600
Deposit, UAE resident (20%)
AED 478,920
Deposit, non-resident (40%)
AED 957,840
Monthly over 25 years at 3.7%
AED 9,797

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