407, Capital Bay Towers 1
Sold prices and rental history: sold once, by the developer in February 2013, 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 407, Capital Bay Towers 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 976 sqft
- Floor
- 4th of 18
- Parking
- B2-34
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.67M · February 2013
- Building
- Capital Bay Towers 1
About 407, Capital Bay Towers 1
407 is a one-bedroom apartment of 976 sqft on the 4th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 11 February 2013 for AED 1,667,400, or AED 1,709 per sqft, 7% below the AED 1,832 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 95,500 a year: a gross yield of 5.7% on the 2013 price.
Sales and rents for 407 over time
407 has sold once; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 30 1-beds →407 last sold in February 2013 at AED 1,709 per sqft, 7% below what one-beds in Capital Bay Towers 1 were fetching at the time (AED 1,832). 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. 407's AED 95,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 974 sqft | 1,401,100 | 1,438 | ||
| 26 Dec 202526 December 2025 | 974 sqft | 1,125,000 | 1,155 | ||
| 4 Sep 20254 September 2025 | 974 sqft | 1,108,586 | 1,138 | ||
| 19 Jun 202519 June 2025 | 974 sqft | 1,100,000 | 1,129 |
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 | |
| 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 | |
| 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 |
407, Capital Bay Towers 1 in numbers
- Sold once: by DAMAC on 11 February 2013 for AED 1,667,400, or AED 1,709 per sqft.
- Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 48,000 in 2020 and recovered to AED 95,500 by September 2026.
- At AED 95,500 a year the gross yield on the 2013 price is 5.7%.
- 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 1 September 2026.
Questions about 407, Capital Bay Towers 1
What did unit 407 last sell for?
AED 1,667,400 on 11 February 2013, sold by the developer: AED 1,709 per sqft for 976 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 95,500 a year on the contract renewed on 1 September 2026. The previous contract, from September 2026, was AED 108,000; the unit has been rented since July 2016.
How big is unit 407?
976 sqft (90.7 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.
What is unit 407 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 407, Capital Bay Towers 1
Starts from the last sale price (AED 1.67M, 11 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,667,400
- Deposit, UAE resident (20%)
- AED 333,480
- Deposit, non-resident (40%)
- AED 666,960
- Monthly over 25 years at 3.7%
- AED 6,822
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →