606, Capital Bay Towers 1
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 606, Capital Bay Towers 1
What is 606 worth today?
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Source: Dubai Land Department. Updated 24 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 541 sqft
- Floor
- 6th of 18
- Parking
- B2-55
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.24M · November 2016
- Building
- Capital Bay Towers 1
About 606, Capital Bay Towers 1
606 is a studio of 541 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 1 November 2016 for AED 1,244,640, or AED 2,300 per sqft, 46% above the AED 1,579 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 24 August 2026, is AED 50,000 a year: a gross yield of 4.0% on the 2016 price.
Sales and rents for 606 over time
606 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 606 sits
All 102 studios →606 last sold in November 2016 at AED 2,300 per sqft, 46% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,579). 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. 606's AED 50,000 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 | |
| 604 | Studio | 638 sqft | AED 1.07MAED 1,074,150 · Dec 2013December 2013 | 56,000 /yr | |
| 605 | 2-bed | 1,948 sqft | AED 3.12MAED 3,116,672 · Oct 2016October 2016 | ||
| 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 |
606, Capital Bay Towers 1 in numbers
- Sold once: by DAMAC on 1 November 2016 for AED 1,244,640, or AED 2,300 per sqft.
- Rented since March 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2022 and recovered to AED 50,000 by August 2026.
- At AED 50,000 a year the gross yield on the 2016 price is 4.0%.
- 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 24 August 2026.
Questions about 606, Capital Bay Towers 1
What did unit 606 last sell for?
AED 1,244,640 on 1 November 2016, sold by the developer: AED 2,300 per sqft for 541 sqft. It is the only registered sale of the unit.
What is the rent for unit 606?
AED 50,000 a year on the contract signed on 24 August 2026. The previous contract, from March 2025, was AED 65,000; the unit has been rented since March 2019.
How big is unit 606?
541 sqft (50.3 sqm): a studio on the 6th floor of a 18-storey tower completed in 2014.
What is unit 606 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 606, Capital Bay Towers 1
Starts from the last sale price (AED 1.24M, 1 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,244,640
- Deposit, UAE resident (20%)
- AED 248,928
- Deposit, non-resident (40%)
- AED 497,856
- Monthly over 25 years at 3.7%
- AED 5,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →