1-bed · 977 sqftCapital Bay Towers 1, Business Bay · 3rd floor · completed 2014

307, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 27 June 2025
Last soldAED 1.15M29 November 2023
Current rentAED 90K /yr27 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Capital Bay Towers 1

What is 307 worth today?

Last sold for AED 1,150,000 in 2023

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27 Jun 2025RentedNew contract
AED 90,243/yr12 months · AED 92 per sqft
27 Jun 2025RentedNew contract
AED 90,243/yr12 months · AED 92 per sqft
18 Jun 2024RentedNew contract
AED 95,000/yr12 months · AED 97 per sqft
29 Nov 2023SoldReady
AED 1,150,000AED 1,177 per sqft
16 Sep 2022RentedRenewal
AED 70,000/yr12 months · AED 71 per sqft
16 Sep 2021RentedNew contract
AED 63,000/yr12 months · AED 64 per sqft
1 Sep 2018RentedRenewal
AED 81,000/yr12 months · AED 83 per sqft
1 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 27 June 2025.

Key facts

Type
1-bed apartment
Size
977 sqft
Floor
3rd of 18
Parking
B2-23
Developer
DAMAC
Completed
2014
Last sold
AED 1.15M · November 2023

About 307, Capital Bay Towers 1

307 is a one-bedroom apartment of 977 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 29 November 2023 for AED 1,150,000, or AED 1,177 per sqft, 27% above the AED 924 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 27 June 2025, is AED 90,243 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 307 over time

Sales
Unit 307, 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, January 2013: AED 1,657,600 (AED 1,696 per sqft)Sold, November 2023: AED 1,150,000 (AED 1,177 per sqft)

307 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 307, each contractTypical one-bed in Capital Bay Towers 1
60K80K100K20152018202120242027Typical 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, September 2017: AED 90,000 a yearRenewal, September 2018: AED 81,000 a yearNew contract, September 2021: AED 63,000 a yearRenewal, September 2022: AED 70,000 a yearNew contract, June 2024: AED 95,000 a yearNew contract, June 2025: AED 90,243 a yearNew contract, June 2025: AED 90,243 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 307 sits

All 30 1-beds →

307 last sold in November 2023 at AED 1,177 per sqft, 27% above what one-beds in Capital Bay Towers 1 were fetching at the time (AED 924). 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. 307's AED 90,243 is in the lower half 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 3rd floor

All 176 units in Capital Bay Towers 1
Value
301StudioAED 595K · May 2024
3022-bedAED 2.04M · Feb 2015
303StudioAED 900K · Feb 2015
304StudioAED 1.07M · Jan 2015
3052-bedAED 1.65M · Dec 2023
306StudioAED 685K · Dec 2024
308StudioAED 1.16M · Aug 2015
1–7 of 9

307, Capital Bay Towers 1 in numbers

  • Sold twice: first on 3 January 2013 for AED 1,657,600, last on 29 November 2023 for AED 1,150,000 (AED 1,177 per sqft).
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 90,000 to AED 63,000 in 2021 and recovered to AED 90,243 by June 2025.
  • At AED 90,243 a year the gross yield on the 2023 price is 7.8%.
  • 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 27 June 2025.

Questions about 307, Capital Bay Towers 1

What did unit 307 last sell for?

AED 1,150,000 on 29 November 2023: AED 1,177 per sqft for 977 sqft. The unit has 2 registered sales; the first was AED 1,657,600 in January 2013.

What is the rent for unit 307?

AED 90,243 a year on the contract signed on 27 June 2025. The previous contract, from June 2025, was AED 90,243; the unit has been rented since September 2017.

How big is unit 307?

977 sqft (90.8 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2014.

What is unit 307 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 307, Capital Bay Towers 1

Starts from the last sale price (AED 1.15M, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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