703, Capital Bay Towers 1
Sold prices and rental history: sold once, by the developer in September 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 703, Capital Bay Towers 1
What is 703 worth today?
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Source: Dubai Land Department. Updated 7 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 495 sqft
- Floor
- 7th of 18
- Parking
- B2-65
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 833K · September 2013
- Building
- Capital Bay Towers 1
About 703, Capital Bay Towers 1
703 is a studio of 495 sqft on the 7th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 9 September 2013 for AED 833,250, or AED 1,682 per sqft, 8% below the AED 1,832 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 7 July 2026, is AED 54,000 a year: a gross yield of 6.5% on the 2013 price.
Sales and rents for 703 over time
703 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 703 sits
All 102 studios →703 last sold in September 2013 at AED 1,682 per sqft, 8% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,832). 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. 703's AED 54,000 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 7th floor
All 176 units in Capital Bay Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 459 sqft | AED 788KAED 787,500 · Aug 2026August 2026 | 60,000 /yr | |
| 702 | 2-bed | 1,250 sqft | AED 1.5MAED 1,500,000 · Oct 2016October 2016 | 120,000 /yr | |
| 704 | Studio | 638 sqft | AED 1.07MAED 1,074,150 · Feb 2015February 2015 | 56,000 /yr | |
| 705 | 2-bed | 1,948 sqft | AED 3.51MAED 3,505,518 · Jun 2015June 2015 | ||
| 706 | Studio | 541 sqft | AED 935KAED 935,000 · Sep 2024September 2024 | 40,000 /yr | |
| 707 | 1-bed | 974 sqft | AED 1.19MAED 1,190,000 · Jul 2024July 2024 | 57,000 /yr | |
| 708 | Studio | 556 sqft | AED 850KAED 850,000 · Jul 2016July 2016 | 60,000 /yr | |
| 709 | 2-bed | 1,361 sqft | AED 1.72MAED 1,722,000 · Jul 2024July 2024 | 145,000 /yr | |
| 710 | Studio | 505 sqft | AED 650KAED 650,000 · Mar 2023March 2023 | 62,663 /yr |
703, Capital Bay Towers 1 in numbers
- Sold once: by DAMAC on 9 September 2013 for AED 833,250, or AED 1,682 per sqft.
- Rented since April 2016 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 34,000 in 2021 and recovered to AED 54,000 by July 2026.
- At AED 54,000 a year the gross yield on the 2013 price is 6.5%.
- 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 7 July 2026.
Questions about 703, Capital Bay Towers 1
What did unit 703 last sell for?
AED 833,250 on 9 September 2013, sold by the developer: AED 1,682 per sqft for 495 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 54,000 a year on the contract signed on 7 July 2026. The previous contract, from June 2025, was AED 56,000; the unit has been rented since April 2016.
How big is unit 703?
495 sqft (46.0 sqm): a studio on the 7th floor of a 18-storey tower completed in 2014.
What is unit 703 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 703, Capital Bay Towers 1
Starts from the last sale price (AED 833K, 9 September 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 833,250
- Deposit, UAE resident (20%)
- AED 166,650
- Deposit, non-resident (40%)
- AED 333,300
- Monthly over 25 years at 3.7%
- AED 3,409
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →