405, Capital Bay Towers 1
Sold prices and rental history: sold 5 times, last in July 2026, 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 405, Capital Bay Towers 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 28 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,948 sqft
- Floor
- 4th of 18
- Parking
- B2-31
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.08M · July 2026
- Building
- Capital Bay Towers 1
About 405, Capital Bay Towers 1
405 is a two-bedroom apartment of 1,948 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 28 July 2026 for AED 2,075,200, or AED 1,065 per sqft, 8% below the AED 1,152 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 26 November 2025, is AED 188,950 a year: a gross yield of 9.1% on the 2026 price.
Sales and rents for 405 over time
405 has sold 5 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Capital Bay Towers 1, and where 405 sits
All 44 2-beds →405 last sold in July 2026 at AED 1,065 per sqft, 8% below what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,152). Over the last 12 months two-beds sold for AED 1,550,000 to 2,085,760, around AED 1,070 per sqft, and rent for AED 95,000 to 188,950 a year. 405's AED 188,950 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Apr 202616 April 2026 | 1,250 sqft | 1,550,000 | 1,240 | ||
| 15 Dec 202515 December 2025 | 1,948 sqft | 2,085,760 | 1,070 | ||
| 2 Oct 20252 October 2025 | 1,250 sqft | 1,490,000 | 1,192 | ||
| 30 Sep 202530 September 2025 | 1,250 sqft | 1,500,000 | 1,200 |
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 | |
| 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 | |
| 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 |
405, Capital Bay Towers 1 in numbers
- Sold 5 times: first on 10 June 2014 for AED 3,213,425, last on 28 July 2026 for AED 2,075,200 (AED 1,065 per sqft).
- Rented since June 2016 on 11 Ejari contracts. The rent fell from AED 130,000 to AED 80,000 in 2021 and recovered to AED 188,950 by November 2025.
- At AED 188,950 a year the gross yield on the 2026 price is 9.1%.
- Two-beds in Capital Bay Towers 1 sold for AED 1,550,000–2,085,760 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 28 July 2026.
Questions about 405, Capital Bay Towers 1
What did unit 405 last sell for?
AED 2,075,200 on 28 July 2026: AED 1,065 per sqft for 1,948 sqft. The unit has 5 registered sales; the first was AED 3,213,425 in June 2014.
What is the rent for unit 405?
AED 188,950 a year on the contract signed on 26 November 2025. The previous contract, from November 2024, was AED 94,500; the unit has been rented since June 2016.
How big is unit 405?
1,948 sqft (181.0 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Capital Bay Towers 1 sold for AED 1,550,000 to 2,085,760 in the last 12 months, around AED 1,070 per sqft.
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Mortgage on 405, Capital Bay Towers 1
Starts from the last sale price (AED 2.08M, 28 July 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 2,075,200
- Deposit, UAE resident (20%)
- AED 415,040
- Deposit, non-resident (40%)
- AED 830,080
- Monthly over 25 years at 3.7%
- AED 8,490
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →