403, Capital Bay Towers 1
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Capital Bay Towers 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 1 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 4th of 18
- Parking
- B2-29
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 670K · October 2024
- Building
- Capital Bay Towers 1
About 403, Capital Bay Towers 1
403 is a studio of 495 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 October 2024 for AED 670,000, or AED 1,353 per sqft, 3% above the AED 1,310 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 December 2025, is AED 60,000 a year: a gross yield of 9.0% on the 2024 price.
Sales and rents for 403 over time
403 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 403 sits
All 102 studios →403 last sold in October 2024 at AED 1,353 per sqft, 3% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,310). 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. 403's AED 60,000 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 | |||||
|---|---|---|---|---|---|
| 401 | Studio | 459 sqft | AED 580KAED 580,000 · Jul 2024July 2024 | 70,000 /yr | |
| 402 | 2-bed | 1,250 sqft | AED 2.04MAED 2,043,200 · Feb 2015February 2015 | 99,000 /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 |
403, Capital Bay Towers 1 in numbers
- Sold 3 times: first on 17 November 2013 for AED 808,000, last on 24 October 2024 for AED 670,000 (AED 1,353 per sqft).
- Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 33,000 in 2020 and recovered to AED 60,000 by December 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 9.0%.
- 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 December 2025.
Questions about 403, Capital Bay Towers 1
What did unit 403 last sell for?
AED 670,000 on 24 October 2024: AED 1,353 per sqft for 495 sqft. The unit has 3 registered sales; the first was AED 808,000 in November 2013.
What is the rent for unit 403?
AED 60,000 a year on the contract signed on 1 December 2025. The previous contract, from February 2024, was AED 65,000; the unit has been rented since April 2015.
How big is unit 403?
495 sqft (46.0 sqm): a studio on the 4th floor of a 18-storey tower completed in 2014.
What is unit 403 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 403, Capital Bay Towers 1
Starts from the last sale price (AED 670K, 24 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →