301, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Capital Bay Towers 1
What is 301 worth today?
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Source: Dubai Land Department. Updated 9 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 3rd of 18
- Parking
- B2-14
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 595K · May 2024
- Building
- Capital Bay Towers 1
About 301, Capital Bay Towers 1
301 is a studio of 459 sqft on the 3rd floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 28 May 2024 for AED 595,000, or AED 1,296 per sqft, 6% above the AED 1,228 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 February 2026, is AED 65,000 a year: a gross yield of 10.9% on the 2024 price.
Sales and rents for 301 over time
301 has sold 4 times; 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 301 sits
All 102 studios →301 last sold in May 2024 at AED 1,296 per sqft, 6% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,228). 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. 301's AED 65,000 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 3rd floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 1,250 sqft | AED 2.04MAED 2,043,200 · Feb 2015February 2015 | 100,800 /yr | |
| 303 | Studio | 495 sqft | AED 900KAED 900,200 · Feb 2015February 2015 | 54,000 /yr | |
| 304 | Studio | 637 sqft | AED 1.07MAED 1,074,150 · Jan 2015January 2015 | 65,000 /yr | |
| 305 | 2-bed | 1,948 sqft | AED 1.65MAED 1,650,000 · Dec 2023December 2023 | 85,000 /yr | |
| 306 | Studio | 540 sqft | AED 685KAED 685,000 · Dec 2024December 2024 | 68,000 /yr | |
| 307 | 1-bed | 977 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 90,243 /yr | |
| 308 | Studio | 555 sqft | AED 1.16MAED 1,164,807 · Aug 2015August 2015 | 62,000 /yr | |
| 309 | 2-bed | 1,361 sqft | AED 2.25MAED 2,247,700 · Feb 2015February 2015 | 120,000 /yr | |
| 310 | Studio | 515 sqft | AED 788KAED 788,000 · Nov 2016November 2016 | 52,500 /yr |
301, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 14 April 2013 for AED 840,700, last on 28 May 2024 for AED 595,000 (AED 1,296 per sqft).
- Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 66,000 to AED 30,000 in 2021 and recovered to AED 65,000 by February 2026.
- At AED 65,000 a year the gross yield on the 2024 price is 10.9%.
- 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 9 February 2026.
Questions about 301, Capital Bay Towers 1
What did unit 301 last sell for?
AED 595,000 on 28 May 2024: AED 1,296 per sqft for 459 sqft. The unit has 4 registered sales; the first was AED 840,700 in April 2013.
What is the rent for unit 301?
AED 65,000 a year on the contract signed on 9 February 2026. The previous contract, from February 2023, was AED 41,400; the unit has been rented since January 2017.
How big is unit 301?
459 sqft (42.6 sqm): a studio on the 3rd floor of a 18-storey tower completed in 2014.
What is unit 301 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 301, Capital Bay Towers 1
Starts from the last sale price (AED 595K, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 595,000
- Deposit, UAE resident (20%)
- AED 119,000
- Deposit, non-resident (40%)
- AED 238,000
- Monthly over 25 years at 3.7%
- AED 2,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →