501, Capital Bay Towers 1
Sold prices and rental history: sold 3 times, last in August 2020, 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 501, Capital Bay Towers 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 5th of 18
- Parking
- B2-38
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 420K · August 2020
- Building
- Capital Bay Towers 1
About 501, Capital Bay Towers 1
501 is a studio of 459 sqft on the 5th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 19 August 2020 for AED 420,000, or AED 915 per sqft, 9% above the AED 841 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 15 July 2026, is AED 40,000 a year: a gross yield of 9.5% on the 2020 price.
Sales and rents for 501 over time
501 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 501 sits
All 102 studios →501 last sold in August 2020 at AED 915 per sqft, 9% above what studios in Capital Bay Towers 1 were fetching at the time (AED 841). 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. 501's AED 40,000 is in the lower 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 64K /yr
- Typical yield
- 7.2%
Other units on the 5th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,250 sqft | AED 2.04MAED 2,043,200 · Feb 2015February 2015 | 95,000 /yr | |
| 503 | Studio | 495 sqft | AED 670KAED 670,000 · May 2024May 2024 | 45,000 /yr | |
| 504 | Studio | 638 sqft | AED 859KAED 858,622 · Dec 2025December 2025 | 55,000 /yr | |
| 505 | 2-bed | 1,948 sqft | AED 3.18MAED 3,177,600 · Jan 2015January 2015 | 113,393 /yr | |
| 506 | Studio | 541 sqft | AED 820KAED 820,000 · Sep 2015September 2015 | 52,500 /yr | |
| 507 | 1-bed | 974 sqft | AED 1.8MAED 1,801,498 · Feb 2013February 2013 | 70,000 /yr | |
| 508 | Studio | 556 sqft | AED 1.35MAED 1,350,000 · Feb 2015February 2015 | 51,820 /yr | |
| 509 | 2-bed | 680 sqft | AED 1.11MAED 1,111,200 · Nov 2016November 2016 | 125,000 /yr | |
| 510 | Studio | 505 sqft | AED 927KAED 926,800 · Mar 2015March 2015 | 36,000 /yr |
501, Capital Bay Towers 1 in numbers
- Sold 3 times: first on 16 January 2013 for AED 839,300, last on 19 August 2020 for AED 420,000 (AED 915 per sqft).
- Rented since February 2015 on 12 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2021 and recovered to AED 40,000 by July 2026.
- At AED 40,000 a year the gross yield on the 2020 price is 9.5%.
- 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 15 July 2026.
Questions about 501, Capital Bay Towers 1
What did unit 501 last sell for?
AED 420,000 on 19 August 2020: AED 915 per sqft for 459 sqft. The unit has 3 registered sales; the first was AED 839,300 in January 2013.
What is the rent for unit 501?
AED 40,000 a year on the contract signed on 15 July 2026. The previous contract, from March 2025, was AED 51,137; the unit has been rented since February 2015.
How big is unit 501?
459 sqft (42.6 sqm): a studio on the 5th floor of a 18-storey tower completed in 2014.
What is unit 501 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 501, Capital Bay Towers 1
Starts from the last sale price (AED 420K, 19 August 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →