604, Capital Bay Towers 1
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Capital Bay Towers 1
What is 604 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 638 sqft
- Floor
- 6th of 18
- Parking
- B2-53
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.07M · December 2013
- Building
- Capital Bay Towers 1
About 604, Capital Bay Towers 1
604 is a studio of 638 sqft on the 6th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 17 December 2013 for AED 1,074,150, or AED 1,683 per sqft, 6% below the AED 1,784 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 September 2026, is AED 56,000 a year: a gross yield of 5.2% on the 2013 price.
Sales and rents for 604 over time
604 has sold once; 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 604 sits
All 102 studios →604 last sold in December 2013 at AED 1,683 per sqft, 6% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,784). 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. 604's AED 56,000 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 62K /yr
- Typical yield
- 7.2%
Other units on the 6th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 459 sqft | AED 1.06MAED 1,056,000 · Nov 2017November 2017 | 65,000 /yr | |
| 602 | 2-bed | 1,250 sqft | AED 2.04MAED 2,043,200 · Feb 2015February 2015 | 98,000 /yr | |
| 603 | Studio | 495 sqft | AED 900KAED 900,000 · Feb 2015February 2015 | 60,000 /yr | |
| 605 | 2-bed | 1,948 sqft | AED 3.12MAED 3,116,672 · Oct 2016October 2016 | ||
| 606 | Studio | 541 sqft | AED 1.24MAED 1,244,640 · Nov 2016November 2016 | 50,000 /yr | |
| 607 | 1-bed | 974 sqft | AED 1.11MAED 1,108,586 · Sep 2025September 2025 | 87,000 /yr | |
| 608 | Studio | 556 sqft | AED 1.16MAED 1,155,200 · Aug 2015August 2015 | 50,000 /yr | |
| 609 | 2-bed | 1,361 sqft | AED 2.22MAED 2,222,400 · Mar 2015March 2015 | 115,000 /yr | |
| 610 | Studio | 505 sqft | AED 916KAED 916,200 · Feb 2013February 2013 | 55,000 /yr |
604, Capital Bay Towers 1 in numbers
- Sold once: by DAMAC on 17 December 2013 for AED 1,074,150, or AED 1,683 per sqft.
- Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 57,181 to AED 36,000 in 2021 and recovered to AED 56,000 by September 2026.
- At AED 56,000 a year the gross yield on the 2013 price is 5.2%.
- 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 September 2026.
Questions about 604, Capital Bay Towers 1
What did unit 604 last sell for?
AED 1,074,150 on 17 December 2013, sold by the developer: AED 1,683 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 604?
AED 56,000 a year on the contract signed on 15 September 2026. The previous contract, from December 2023, was AED 70,000; the unit has been rented since September 2018.
How big is unit 604?
638 sqft (59.3 sqm): a studio on the 6th floor of a 18-storey tower completed in 2014.
What is unit 604 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 604, Capital Bay Towers 1
Starts from the last sale price (AED 1.07M, 17 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,074,150
- Deposit, UAE resident (20%)
- AED 214,830
- Deposit, non-resident (40%)
- AED 429,660
- Monthly over 25 years at 3.7%
- AED 4,395
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →