401, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Capital Bay Towers 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 4th of 18
- Parking
- B2-27
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 580K · July 2024
- Building
- Capital Bay Towers 1
About 401, Capital Bay Towers 1
401 is a studio of 459 sqft on the 4th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 24 July 2024 for AED 580,000, or AED 1,263 per sqft, in line with the AED 1,292 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 70,000 a year: a gross yield of 12.1% on the 2024 price.
Sales and rents for 401 over time
401 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 401 sits
All 102 studios →401 last sold in July 2024 at AED 1,263 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 1,292). 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. 401's AED 70,000 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 4th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,250 sqft | AED 2.04MAED 2,043,200 · Feb 2015February 2015 | 99,000 /yr | |
| 403 | Studio | 495 sqft | AED 670KAED 670,000 · Oct 2024October 2024 | 60,000 /yr | |
| 404 | Studio | 637 sqft | AED 1.07MAED 1,074,150 · Feb 2015February 2015 | 62,000 /yr | |
| 405 | 2-bed | 1,948 sqft | AED 2.08MAED 2,075,200 · Jul 2026July 2026 | 188,950 /yr | |
| 406 | Studio | 541 sqft | AED 909KAED 909,150 · Nov 2013November 2013 | 50,000 /yr | |
| 407 | 1-bed | 976 sqft | AED 1.67MAED 1,667,400 · Feb 2013February 2013 | 108,000 /yr | |
| 408 | Studio | 555 sqft | AED 700KAED 700,000 · Apr 2018April 2018 | 50,000 /yr | |
| 409 | 2-bed | 1,361 sqft | AED 1.38MAED 1,375,000 · Mar 2024March 2024 | 75,000 /yr | |
| 410 | Studio | 515 sqft | AED 433KAED 433,000 · Mar 2020March 2020 | 55,000 /yr |
401, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 14 April 2013 for AED 845,600, last on 24 July 2024 for AED 580,000 (AED 1,263 per sqft).
- Rented since December 2016 on 12 Ejari contracts. The rent fell from AED 66,000 to AED 29,000 in 2021 and recovered to AED 70,000 by September 2026.
- At AED 70,000 a year the gross yield on the 2024 price is 12.1%.
- 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 1 September 2026.
Questions about 401, Capital Bay Towers 1
What did unit 401 last sell for?
AED 580,000 on 24 July 2024: AED 1,263 per sqft for 459 sqft. The unit has 4 registered sales; the first was AED 845,600 in April 2013.
What is the rent for unit 401?
AED 70,000 a year on the contract renewed on 1 September 2026. The previous contract, from August 2026, was AED 46,000; the unit has been rented since December 2016.
How big is unit 401?
459 sqft (42.6 sqm): a studio on the 4th floor of a 18-storey tower completed in 2014.
What is unit 401 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 401, Capital Bay Towers 1
Starts from the last sale price (AED 580K, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 580,000
- Deposit, UAE resident (20%)
- AED 116,000
- Deposit, non-resident (40%)
- AED 232,000
- Monthly over 25 years at 3.7%
- AED 2,373
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →