Studio · 539 sqftCapital Bay Towers 1, Business Bay · 2nd floor · completed 2014

206, Capital Bay Towers 1

Sold prices and rental history: sold 4 times, last in October 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 445K28 October 2021
Current rentAED 53K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Capital Bay Towers 1

What is 206 worth today?

Last sold for AED 445,000 in 2021

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18 Oct 2026RentedNew contract
AED 53,000/yr12 months · AED 98 per sqft
18 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 111 per sqft
18 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
5 Oct 2023RentedRenewal
AED 50,400/yr12 months · AED 94 per sqft
5 Oct 2022RentedNew contract
AED 48,000/yr12 months · AED 89 per sqft
28 Oct 2021SoldReady
AED 445,000AED 826 per sqft
10 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 67 per sqft
1 Sep 2020RentedNew contract
AED 35,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
Studio apartment
Size
539 sqft
Floor
2nd of 18
Parking
B2-07
Developer
DAMAC
Completed
2014
Last sold
AED 445K · October 2021

About 206, Capital Bay Towers 1

206 is a studio of 539 sqft on the 2nd floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 28 October 2021 for AED 445,000, or AED 826 per sqft, in line with the AED 826 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 18 October 2026, is AED 53,000 a year: a gross yield of 11.9% on the 2021 price.

Sales and rents for 206 over time

Sales
Unit 206, 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 431,500; 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, June 2014: AED 909,150 (AED 1,687 per sqft)Sold, February 2015: AED 909,150 (AED 1,687 per sqft)Sold, September 2015: AED 810,000 (AED 1,503 per sqft)Sold, October 2021: AED 445,000 (AED 826 per sqft)

206 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 206, 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 56,000New contract, February 2017: AED 72,000 a yearRenewal, February 2018: AED 68,000 a yearNew contract, August 2019: AED 48,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, October 2022: AED 48,000 a yearRenewal, October 2023: AED 50,400 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 2025: AED 60,000 a yearNew contract, October 2026: AED 53,000 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 206 sits

All 102 studios →

206 last sold in October 2021 at AED 826 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 826). 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. 206's AED 53,000 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 62K /yr
Typical yield
7.2%
Capital Bay Towers 1, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 176 units in Capital Bay Towers 1
Value
201StudioAED 600K · May 2024
2022-bedAED 2.04M · Mar 2015
203StudioAED 500K · Dec 2022
204StudioAED 1.08M · Jun 2014
2052-bedAED 2.32M · Mar 2020
2071-bedAED 1.6M · Dec 2013
208StudioAED 316K · Oct 2020
1–7 of 9

206, Capital Bay Towers 1 in numbers

  • Sold 4 times: first on 10 June 2014 for AED 909,150, last on 28 October 2021 for AED 445,000 (AED 826 per sqft).
  • Rented since February 2017 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 35,000 in 2020 and recovered to AED 53,000 by October 2026.
  • At AED 53,000 a year the gross yield on the 2021 price is 11.9%.
  • 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 18 October 2026.

Questions about 206, Capital Bay Towers 1

What did unit 206 last sell for?

AED 445,000 on 28 October 2021: AED 826 per sqft for 539 sqft. The unit has 4 registered sales; the first was AED 909,150 in June 2014.

What is the rent for unit 206?

AED 53,000 a year on the contract signed on 18 October 2026. The previous contract, from October 2025, was AED 60,000; the unit has been rented since February 2017.

How big is unit 206?

539 sqft (50.1 sqm): a studio on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 206 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 206, Capital Bay Towers 1

Starts from the last sale price (AED 445K, 28 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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