204, Capital Bay Towers 1
Sold prices and rental history: sold once, by the developer in June 2014, 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 204, Capital Bay Towers 1
What is 204 worth today?
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Source: Dubai Land Department. Updated 13 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 637 sqft
- Floor
- 2nd of 18
- Parking
- B2-05
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.08M · June 2014
- Building
- Capital Bay Towers 1
About 204, Capital Bay Towers 1
204 is a studio of 637 sqft on the 2nd floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 10 June 2014 for AED 1,075,800, or AED 1,688 per sqft, in line with the AED 1,683 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 13 October 2025, is AED 60,000 a year: a gross yield of 5.6% on the 2014 price.
Sales and rents for 204 over time
204 has sold once; 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 204 sits
All 102 studios →204 last sold in June 2014 at AED 1,688 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 1,683). 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. 204'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 2nd floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 458 sqft | AED 600KAED 600,000 · May 2024May 2024 | 60,000 /yr | |
| 202 | 2-bed | 1,248 sqft | AED 2.04MAED 2,043,200 · Mar 2015March 2015 | 110,000 /yr | |
| 203 | Studio | 495 sqft | AED 500KAED 500,000 · Dec 2022December 2022 | 60,000 /yr | |
| 205 | 2-bed | 1,947 sqft | AED 2.32MAED 2,321,000 · Mar 2020March 2020 | ||
| 206 | Studio | 539 sqft | AED 445KAED 445,000 · Oct 2021October 2021 | 53,000 /yr | |
| 207 | 1-bed | 977 sqft | AED 1.6MAED 1,598,400 · Dec 2013December 2013 | 73,000 /yr | |
| 208 | Studio | 364 sqft | AED 316KAED 315,685 · Oct 2020October 2020 | 65,000 /yr | |
| 209 | 1-bed | 963 sqft | AED 1.5MAED 1,500,000 · Mar 2015March 2015 | 60,500 /yr | |
| 210 | Studio | 569 sqft | AED 720KAED 720,000 · Feb 2026February 2026 | 50,000 /yr |
204, Capital Bay Towers 1 in numbers
- Sold once: by DAMAC on 10 June 2014 for AED 1,075,800, or AED 1,688 per sqft.
- Rented since February 2018 on 10 Ejari contracts. The rent fell from AED 62,813 to AED 38,000 in 2021 and recovered to AED 60,000 by October 2025.
- At AED 60,000 a year the gross yield on the 2014 price is 5.6%.
- 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 13 October 2025.
Questions about 204, Capital Bay Towers 1
What did unit 204 last sell for?
AED 1,075,800 on 10 June 2014, sold by the developer: AED 1,688 per sqft for 637 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 60,000 a year on the contract signed on 13 October 2025. The previous contract, from October 2025, was AED 60,000; the unit has been rented since February 2018.
How big is unit 204?
637 sqft (59.2 sqm): a studio on the 2nd floor of a 18-storey tower completed in 2014.
What is unit 204 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 204, Capital Bay Towers 1
Starts from the last sale price (AED 1.08M, 10 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,800
- Deposit, UAE resident (20%)
- AED 215,160
- Deposit, non-resident (40%)
- AED 430,320
- Monthly over 25 years at 3.7%
- AED 4,401
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →