Studio · 638 sqftCapital Bay Towers 1, Business Bay · 8th floor · completed 2014

804, Capital Bay Towers 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 21 June 2025
Last soldAED 618K25 June 2024
Current rentAED 58K /yr21 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Capital Bay Towers 1

What is 804 worth today?

Last sold for AED 618,400 in 2024

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21 Jun 2025RentedNew contract
AED 58,000/yr12 months · AED 91 per sqft
21 Jun 2025RentedNew contract
AED 58,000/yr12 months · AED 91 per sqft
1 Nov 2024RentedRenewal
AED 48,400/yr6 months · AED 76 per sqft
25 Jun 2024SoldReady
AED 618,400AED 968 per sqft
1 Nov 2023RentedRenewal
AED 44,000/yr12 months · AED 69 per sqft
1 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 63 per sqft
1 Nov 2021RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
24 Oct 2020RentedNew contract
AED 35,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 21 June 2025.

Key facts

Type
Studio apartment
Size
638 sqft
Floor
8th of 18
Parking
B2-80
Developer
DAMAC
Completed
2014
Last sold
AED 618K · June 2024

About 804, Capital Bay Towers 1

804 is a studio of 638 sqft on the 8th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 25 June 2024 for AED 618,400, or AED 968 per sqft, 25% below the AED 1,294 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 21 June 2025, is AED 58,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical studio in Capital Bay Towers 1
500K1M2012201620202024Typical sale price by year: 2012 AED 933,525; 2013 AED 931,175; 2014 AED 908,175; 2015 AED 935,550; 2016 AED 799,000; 2017 AED 710,000; 2018 AED 655,000; 2019 AED 500,000; 2020 AED 431,500; 2021 AED 450,000; 2022 AED 537,500; 2023 AED 621,311; 2024 AED 670,000; 2025 AED 700,000; 2026 AED 768,750Sold by developer, November 2013: AED 1,074,150 (AED 1,683 per sqft)Sold, March 2015: AED 1,074,150 (AED 1,683 per sqft)Sold, June 2024: AED 618,400 (AED 968 per sqft)

804 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 804, each contractTypical studio in Capital Bay Towers 1
50K75K20152018202120242027Typical rent by year: 2015 AED 75,000; 2016 AED 70,000; 2017 AED 62,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 40,000; 2021 AED 36,000; 2022 AED 45,000; 2023 AED 53,000; 2024 AED 57,000; 2025 AED 60,000; 2026 AED 56,000New contract, August 2017: AED 80,000 a yearNew contract, October 2020: AED 35,000 a yearNew contract, November 2021: AED 40,000 a yearRenewal, November 2022: AED 40,000 a yearRenewal, November 2023: AED 44,000 a yearRenewal, November 2024: AED 48,400 a yearNew contract, June 2025: AED 58,000 a yearNew contract, June 2025: AED 58,000 a year

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 804 sits

All 102 studios →

804 last sold in June 2024 at AED 968 per sqft, 25% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,294). 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. 804's AED 58,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Aug 2026787,500
20 Feb 2026720,000
13 Feb 2026750,000
9 Feb 2026855,000
7 studio 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 8th floor

All 176 units in Capital Bay Towers 1
Value
801StudioAED 385K · Aug 2021
8022-bedAED 1.44M · Sep 2025
803StudioAED 925K · Jan 2015
8052-bedAED 1.63M · Jun 2024
806StudioAED 665K · Dec 2023
8071-bedAED 2.63M · Jan 2015
808StudioAED 835K · Mar 2018
1–7 of 9

804, Capital Bay Towers 1 in numbers

  • Sold 3 times: first on 28 November 2013 for AED 1,074,150, last on 25 June 2024 for AED 618,400 (AED 968 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 35,000 in 2020 and recovered to AED 58,000 by June 2025.
  • At AED 58,000 a year the gross yield on the 2024 price is 9.4%.
  • 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 21 June 2025.

Questions about 804, Capital Bay Towers 1

What did unit 804 last sell for?

AED 618,400 on 25 June 2024: AED 968 per sqft for 638 sqft. The unit has 3 registered sales; the first was AED 1,074,150 in November 2013.

What is the rent for unit 804?

AED 58,000 a year on the contract signed on 21 June 2025. The previous contract, from June 2025, was AED 58,000; the unit has been rented since August 2017.

How big is unit 804?

638 sqft (59.3 sqm): a studio on the 8th floor of a 18-storey tower completed in 2014.

What is unit 804 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 804, Capital Bay Towers 1

Starts from the last sale price (AED 618K, 25 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 618,400
Deposit, UAE resident (20%)
AED 123,680
Deposit, non-resident (40%)
AED 247,360
Monthly over 25 years at 3.7%
AED 2,530

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