707, Capital Bay Towers 1
Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 707, Capital Bay Towers 1
What is 707 worth today?
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Source: Dubai Land Department. Updated 8 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 974 sqft
- Floor
- 7th of 18
- Parking
- B2-69
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.19M · July 2024
- Building
- Capital Bay Towers 1
About 707, Capital Bay Towers 1
707 is a one-bedroom apartment of 974 sqft on the 7th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 8 July 2024 for AED 1,190,000, or AED 1,221 per sqft, 8% above the AED 1,128 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 May 2022, is AED 57,000 a year: a gross yield of 4.8% on the 2024 price.
Sales and rents for 707 over time
707 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Capital Bay Towers 1, and where 707 sits
All 30 1-beds →707 last sold in July 2024 at AED 1,221 per sqft, 8% above what one-beds in Capital Bay Towers 1 were fetching at the time (AED 1,128). Over the last 12 months one-beds sold for AED 1,125,000 to 1,401,100, around AED 1,297 per sqft, and rent for AED 65,000 to 145,000 a year. 707's AED 57,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 974 sqft | 1,401,100 | 1,438 | ||
| 26 Dec 202526 December 2025 | 974 sqft | 1,125,000 | 1,155 | ||
| 4 Sep 20254 September 2025 | 974 sqft | 1,108,586 | 1,138 | ||
| 19 Jun 202519 June 2025 | 974 sqft | 1,100,000 | 1,129 |
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 | |
| 703 | Studio | 495 sqft | AED 833KAED 833,250 · Sep 2013September 2013 | 54,000 /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 | |
| 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 |
707, Capital Bay Towers 1 in numbers
- Sold 4 times: first on 27 April 2014 for AED 1,753,700, last on 8 July 2024 for AED 1,190,000 (AED 1,221 per sqft).
- Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 46,000 in 2020 and recovered to AED 57,000 by May 2022.
- At AED 57,000 a year the gross yield on the 2024 price is 4.8%.
- One-beds in Capital Bay Towers 1 sold for AED 1,125,000–1,401,100 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 8 July 2024.
Questions about 707, Capital Bay Towers 1
What did unit 707 last sell for?
AED 1,190,000 on 8 July 2024: AED 1,221 per sqft for 974 sqft. The unit has 4 registered sales; the first was AED 1,753,700 in April 2014.
What is the rent for unit 707?
AED 57,000 a year on the contract renewed on 15 May 2022. The previous contract, from November 2021, was AED 57,000; the unit has been rented since February 2017.
How big is unit 707?
974 sqft (90.5 sqm): a one-bedroom apartment on the 7th floor of a 18-storey tower completed in 2014.
What is unit 707 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Capital Bay Towers 1 sold for AED 1,125,000 to 1,401,100 in the last 12 months, around AED 1,297 per sqft.
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Mortgage on 707, Capital Bay Towers 1
Starts from the last sale price (AED 1.19M, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →