709, Capital Bay Towers 1
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Capital Bay Towers 1
What is 709 worth today?
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Source: Dubai Land Department. Updated 13 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 7th of 18
- Parking
- B2-71
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.72M · July 2024
- Building
- Capital Bay Towers 1
About 709, Capital Bay Towers 1
709 is a two-bedroom apartment of 1,361 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 29 July 2024 for AED 1,722,000, or AED 1,265 per sqft, 47% above the AED 862 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 13 August 2025, is AED 145,000 a year: a gross yield of 8.4% on the 2024 price.
Sales and rents for 709 over time
709 has sold twice; the dashed line is the two-bed median of each year in the building.
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 709 sits
All 44 2-beds →709 last sold in July 2024 at AED 1,265 per sqft, 47% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 862). 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. 709's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 1,948 sqft | 2,075,200 | 1,065 | ||
| 16 Apr 202616 April 2026 | 1,250 sqft | 1,550,000 | 1,240 | ||
| 15 Dec 202515 December 2025 | 1,948 sqft | 2,085,760 | 1,070 | ||
| 2 Oct 20252 October 2025 | 1,250 sqft | 1,490,000 | 1,192 |
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 | |
| 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 | |
| 710 | Studio | 505 sqft | AED 650KAED 650,000 · Mar 2023March 2023 | 62,663 /yr |
709, Capital Bay Towers 1 in numbers
- Sold twice: first on 11 February 2015 for AED 2,445,300, last on 29 July 2024 for AED 1,722,000 (AED 1,265 per sqft).
- Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 144,000 to AED 65,000 in 2020 and recovered to AED 145,000 by August 2025.
- At AED 145,000 a year the gross yield on the 2024 price is 8.4%.
- 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 13 August 2025.
Questions about 709, Capital Bay Towers 1
What did unit 709 last sell for?
AED 1,722,000 on 29 July 2024: AED 1,265 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 2,445,300 in February 2015.
What is the rent for unit 709?
AED 145,000 a year on the contract signed on 13 August 2025. The previous contract, from November 2024, was AED 160,000; the unit has been rented since February 2015.
How big is unit 709?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 7th floor of a 18-storey tower completed in 2014.
What is unit 709 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 709, Capital Bay Towers 1
Starts from the last sale price (AED 1.72M, 29 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,722,000
- Deposit, UAE resident (20%)
- AED 344,400
- Deposit, non-resident (40%)
- AED 688,800
- Monthly over 25 years at 3.7%
- AED 7,045
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →