Studio · 364 sqftCapital Bay Towers 1, Business Bay · 2nd floor · completed 2014

208, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in October 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 316K27 October 2020
Current rentAED 63K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Capital Bay Towers 1

What is 208 worth today?

Last sold for AED 315,685 in 2020

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20 Aug 2025RentedRenewal
AED 63,000/yr12 months · AED 89 per sqft
20 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft
10 Mar 2024RentedNew contract
AED 64,000/yr12 months · AED 90 per sqft
25 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 77 per sqft
20 Oct 2021RentedNew contract
AED 45,000/yr12 months · AED 63 per sqft
27 Oct 2020SoldReady
AED 315,685AED 866 per sqft
1 Dec 2019RentedNew contract
AED 48,000/yr12 months · AED 68 per sqft
10 Jun 2014Sold by developerOff-plan
AED 1,202,850AED 1,684 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
Studio apartment
Size
364 sqft
Floor
2nd of 18
Parking
B2-09
Developer
DAMAC
Completed
2014
Last sold
AED 316K · October 2020

About 208, Capital Bay Towers 1

208 is a studio of 364 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 27 October 2020 for AED 315,685, or AED 866 per sqft, in line with the AED 866 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 20 August 2025, is AED 63,000 a year: a gross yield of 20.0% on the 2020 price.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Capital Bay Towers 1
500K1M2012201620202024Typical 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 1,202,850 (AED 1,684 per sqft)Sold, October 2020: AED 315,685 (AED 866 per sqft)

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

Rents
Unit 208, each contractTypical studio in Capital Bay Towers 1
40K60K80K20152018202120242027Typical 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, December 2019: AED 48,000 a yearNew contract, October 2021: AED 45,000 a yearNew contract, February 2023: AED 55,000 a yearNew contract, March 2024: AED 64,000 a yearNew contract, August 2024: AED 60,000 a yearRenewal, August 2025: AED 63,000 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 208 sits

All 102 studios →

208 last sold in October 2020 at AED 866 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 866). 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. 208's AED 63,000 is in the upper 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
206StudioAED 445K · Oct 2021
2071-bedAED 1.6M · Dec 2013
1–7 of 9

208, Capital Bay Towers 1 in numbers

  • Sold twice: first on 10 June 2014 for AED 1,202,850, last on 27 October 2020 for AED 315,685 (AED 866 per sqft).
  • Rented since December 2019 on 6 Ejari contracts, from AED 48,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2020 price is 20.0%.
  • 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 20 August 2025.

Questions about 208, Capital Bay Towers 1

What did unit 208 last sell for?

AED 315,685 on 27 October 2020: AED 866 per sqft for 364 sqft. The unit has 2 registered sales; the first was AED 1,202,850 in June 2014.

What is the rent for unit 208?

AED 63,000 a year on the contract renewed on 20 August 2025. The previous contract, from August 2024, was AED 60,000; the unit has been rented since December 2019.

How big is unit 208?

364 sqft (33.8 sqm): a studio on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 208 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 208, Capital Bay Towers 1

Starts from the last sale price (AED 316K, 27 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 315,685
Deposit, UAE resident (20%)
AED 63,137
Deposit, non-resident (40%)
AED 126,274
Monthly over 25 years at 3.7%
AED 1,292

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