1-bed · 963 sqftCapital Bay Towers 1, Business Bay · 2nd floor · completed 2014

209, Capital Bay Towers 1

Sold prices and rental history: sold 3 times, last in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 1.5M2 March 2015
Current rentAED 61K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Capital Bay Towers 1

What is 209 worth today?

Last sold for AED 1,500,000 in 2015

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20 Sep 2023RentedRenewal
AED 60,500/yr12 months · AED 63 per sqft
20 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
14 Jun 2019RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
1 Oct 2017RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
21 Apr 2015RentedNew contract
AED 124,800/yr12 months · AED 130 per sqft
2 Mar 2015SoldReady
AED 1,500,000AED 1,557 per sqft
19 Feb 2015SoldReady
AED 1,580,800AED 1,641 per sqft
5 Mar 2014Sold by developerOff-plan
AED 1,580,800AED 1,641 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
1-bed apartment
Size
963 sqft
Floor
2nd of 18
Parking
B2-11
Developer
DAMAC
Completed
2014
Last sold
AED 1.5M · March 2015

About 209, Capital Bay Towers 1

209 is a one-bedroom apartment of 963 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 2 March 2015 for AED 1,500,000, or AED 1,557 per sqft, 10% below the AED 1,737 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 20 September 2023, is AED 60,500 a year: a gross yield of 4.0% on the 2015 price.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical one-bed in Capital Bay Towers 1
1M1.5M2M2012201620202024Typical sale price by year: 2012 AED 1,866,104; 2013 AED 1,630,400; 2014 AED 1,753,700; 2015 AED 1,708,500; 2023 AED 900,000; 2025 AED 1,108,586Sold by developer, March 2014: AED 1,580,800 (AED 1,641 per sqft)Sold, February 2015: AED 1,580,800 (AED 1,641 per sqft)Sold, March 2015: AED 1,500,000 (AED 1,557 per sqft)

209 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 209, each contractTypical one-bed in Capital Bay Towers 1
50K100K20152018202120242027Typical rent by year: 2015 AED 98,911; 2016 AED 95,500; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 55,000; 2022 AED 61,250; 2023 AED 65,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 84,000New contract, April 2015: AED 124,800 a yearNew contract, October 2017: AED 85,000 a yearNew contract, June 2019: AED 60,000 a yearNew contract, September 2022: AED 55,000 a yearRenewal, September 2023: AED 60,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Capital Bay Towers 1, and where 209 sits

All 30 1-beds →

209 last sold in March 2015 at AED 1,557 per sqft, 10% below what one-beds in Capital Bay Towers 1 were fetching at the time (AED 1,737). Over the last 12 months one-beds sold for AED 1,125,000 to 1,401,100, around AED 1,297 per sqft, and rent for AED 65,000 to 145,000 a year. 209's AED 60,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20261,401,100
26 Dec 20251,125,000
4 Sep 20251,108,586
19 Jun 20251,100,000
2 1-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 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

209, Capital Bay Towers 1 in numbers

  • Sold 3 times: first on 5 March 2014 for AED 1,580,800, last on 2 March 2015 for AED 1,500,000 (AED 1,557 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 124,800 to AED 60,500 a year.
  • At AED 60,500 a year the gross yield on the 2015 price is 4.0%.
  • One-beds in Capital Bay Towers 1 sold for AED 1,125,000–1,401,100 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 2023.

Questions about 209, Capital Bay Towers 1

What did unit 209 last sell for?

AED 1,500,000 on 2 March 2015: AED 1,557 per sqft for 963 sqft. The unit has 3 registered sales; the first was AED 1,580,800 in March 2014.

What is the rent for unit 209?

AED 60,500 a year on the contract renewed on 20 September 2023. The previous contract, from September 2022, was AED 55,000; the unit has been rented since April 2015.

How big is unit 209?

963 sqft (89.5 sqm): a one-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Capital Bay Towers 1 sold for AED 1,125,000 to 1,401,100 in the last 12 months, around AED 1,297 per sqft.

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Mortgage on 209, Capital Bay Towers 1

Starts from the last sale price (AED 1.5M, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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