306, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in December 2024, 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 306, Capital Bay Towers 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 540 sqft
- Floor
- 3rd of 18
- Parking
- B2-22
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 685K · December 2024
- Building
- Capital Bay Towers 1
About 306, Capital Bay Towers 1
306 is a studio of 540 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 6 December 2024 for AED 685,000, or AED 1,269 per sqft, in line with the AED 1,283 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 January 2026, is AED 68,000 a year: a gross yield of 9.9% on the 2024 price.
Sales and rents for 306 over time
306 has sold 3 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 306 sits
All 102 studios →306 last sold in December 2024 at AED 1,269 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 1,283). 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. 306's AED 68,000 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 62K /yr
- Typical yield
- 7.2%
Other units on the 3rd floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 459 sqft | AED 595KAED 595,000 · May 2024May 2024 | 65,000 /yr | |
| 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 | |
| 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 |
306, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 25 July 2013 for AED 964,250, last on 6 December 2024 for AED 685,000 (AED 1,269 per sqft).
- Rented since April 2018 on 5 Ejari contracts, from AED 50,000 to AED 68,000 a year.
- At AED 68,000 a year the gross yield on the 2024 price is 9.9%.
- 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 20 January 2026.
Questions about 306, Capital Bay Towers 1
What did unit 306 last sell for?
AED 685,000 on 6 December 2024: AED 1,269 per sqft for 540 sqft. The unit has 4 registered sales; the first was AED 964,250 in July 2013.
What is the rent for unit 306?
AED 68,000 a year on the contract signed on 20 January 2026. The previous contract, from January 2025, was AED 62,000; the unit has been rented since April 2018.
How big is unit 306?
540 sqft (50.2 sqm): a studio on the 3rd floor of a 18-storey tower completed in 2014.
What is unit 306 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 306, Capital Bay Towers 1
Starts from the last sale price (AED 685K, 6 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 685,000
- Deposit, UAE resident (20%)
- AED 137,000
- Deposit, non-resident (40%)
- AED 274,000
- Monthly over 25 years at 3.7%
- AED 2,803
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →