2-bed · 1,361 sqftCapital Bay Towers 1, Business Bay · 6th floor · completed 2014

609, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 3 November 2026
Last soldAED 2.22M2 March 2015
Current rentAED 115K /yr3 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Capital Bay Towers 1

What is 609 worth today?

Last sold for AED 2,222,400 in 2015

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3 Nov 2026RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
25 Dec 2025RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
17 Sep 2022RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
1 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
28 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
28 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
1 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 66 per sqft
15 Jan 2018RentedNew contract
AED 120,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 3 November 2026.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
6th of 18
Parking
B2-61
Developer
DAMAC
Completed
2014
Last sold
AED 2.22M · March 2015

About 609, Capital Bay Towers 1

609 is a two-bedroom apartment of 1,361 sqft on the 6th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 2 March 2015 for AED 2,222,400, or AED 1,633 per sqft, in line with the AED 1,636 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 3 November 2026, is AED 115,000 a year: a gross yield of 5.2% on the 2015 price.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Capital Bay Towers 1
1M2M2012201620202024Typical sale price by year: 2012 AED 2,647,356; 2013 AED 2,044,000; 2014 AED 2,319,771; 2015 AED 2,222,400; 2016 AED 1,550,000; 2017 AED 1,600,000; 2020 AED 1,075,000; 2023 AED 1,285,000; 2024 AED 1,500,000; 2025 AED 1,495,000Sold by developer, March 2014: AED 2,222,400 (AED 1,633 per sqft)Sold, March 2015: AED 2,222,400 (AED 1,633 per sqft)

609 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 609, each contractTypical two-bed in Capital Bay Towers 1
100K150K2015201920232027Typical rent by year: 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 95,000; 2024 AED 114,387; 2025 AED 126,500; 2026 AED 115,000New contract, December 2015: AED 140,000 a yearRenewal, December 2016: AED 140,000 a yearNew contract, January 2018: AED 120,000 a yearNew contract, December 2018: AED 90,000 a yearNew contract, January 2020: AED 90,000 a yearRenewal, January 2021: AED 80,000 a yearNew contract, March 2022: AED 115,000 a yearNew contract, September 2022: AED 100,000 a yearNew contract, December 2025: AED 130,000 a yearNew contract, November 2026: AED 115,000 a year

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 609 sits

All 44 2-beds →

609 last sold in March 2015 at AED 1,633 per sqft, in line with what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,636). 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. 609's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,075,200
16 Apr 20261,550,000
15 Dec 20252,085,760
2 Oct 20251,490,000
3 2-bed sales in the last 12 months

Capital Bay Towers 1

Building

176 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%
Capital Bay Towers 1, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 176 units in Capital Bay Towers 1
Value
601StudioAED 1.06M · Nov 2017
6022-bedAED 2.04M · Feb 2015
603StudioAED 900K · Feb 2015
604StudioAED 1.07M · Dec 2013
6052-bedAED 3.12M · Oct 2016
606StudioAED 1.24M · Nov 2016
6071-bedAED 1.11M · Sep 2025
1–7 of 9

609, Capital Bay Towers 1 in numbers

  • Sold twice: first on 19 March 2014 for AED 2,222,400, last on 2 March 2015 for AED 2,222,400 (AED 1,633 per sqft).
  • Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2021 and recovered to AED 115,000 by November 2026.
  • At AED 115,000 a year the gross yield on the 2015 price is 5.2%.
  • 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 3 November 2026.

Questions about 609, Capital Bay Towers 1

What did unit 609 last sell for?

AED 2,222,400 on 2 March 2015: AED 1,633 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 2,222,400 in March 2014.

What is the rent for unit 609?

AED 115,000 a year on the contract signed on 3 November 2026. The previous contract, from December 2025, was AED 130,000; the unit has been rented since December 2015.

How big is unit 609?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.

What is unit 609 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 609, Capital Bay Towers 1

Starts from the last sale price (AED 2.22M, 2 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,222,400
Deposit, UAE resident (20%)
AED 444,480
Deposit, non-resident (40%)
AED 888,960
Monthly over 25 years at 3.7%
AED 9,093

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →