2-bed · 1,948 sqftCapital Bay Towers 1, Business Bay · 8th floor · completed 2014

805, Capital Bay Towers 1

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 805 · DLD and Ejari recordsUpdated 28 June 2024
Last soldAED 1.63M28 June 2024
Current rentAED 110K /yr28 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 805, Capital Bay Towers 1

What is 805 worth today?

Last sold for AED 1,630,000 in 2024

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28 Jun 2024SoldReady
AED 1,630,000AED 836 per sqft
28 Sep 2023RentedNew contract
AED 110,000/yr12 months · AED 56 per sqft
25 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 49 per sqft
10 May 2021RentedNew contract
AED 82,000/yr12 months · AED 42 per sqft
28 Feb 2021SoldReady
AED 1,440,000AED 739 per sqft
22 Dec 2020SoldReady
AED 900,000AED 462 per sqft
1 Apr 2020RentedNew contract
AED 75,000/yr12 months · AED 38 per sqft
20 May 2019RentedRenewal
AED 100,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 28 June 2024.

Key facts

Type
2-bed apartment
Size
1,948 sqft
Floor
8th of 18
Parking
B2-81
Developer
DAMAC
Completed
2014
Last sold
AED 1.63M · June 2024

About 805, Capital Bay Towers 1

805 is a two-bedroom apartment of 1,948 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 28 June 2024 for AED 1,630,000, or AED 836 per sqft, in line with the AED 860 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 28 September 2023, is AED 110,000 a year: a gross yield of 6.8% on the 2024 price.

Sales and rents for 805 over time

Sales
Unit 805, each saleTypical two-bed in Capital Bay Towers 1
1M2M3M2012201620202024Typical 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, June 2017: AED 3,000,000 (AED 1,540 per sqft)Sold, December 2020: AED 900,000 (AED 462 per sqft)Sold, February 2021: AED 1,440,000 (AED 739 per sqft)Sold, June 2024: AED 1,630,000 (AED 836 per sqft)

805 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 805, each contractTypical two-bed in Capital Bay Towers 1
100K150K20152018202120242027Typical 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, May 2018: AED 100,000 a yearRenewal, May 2019: AED 100,000 a yearNew contract, April 2020: AED 75,000 a yearNew contract, May 2021: AED 82,000 a yearNew contract, September 2022: AED 95,000 a yearNew contract, September 2023: AED 110,000 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 805 sits

All 44 2-beds →

805 last sold in June 2024 at AED 836 per sqft, in line with what two-beds in Capital Bay Towers 1 were fetching at the time (AED 860). 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. 805's AED 110,000 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 64K /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
804StudioAED 618K · Jun 2024
806StudioAED 665K · Dec 2023
8071-bedAED 2.63M · Jan 2015
808StudioAED 835K · Mar 2018
1–7 of 9

805, Capital Bay Towers 1 in numbers

  • Sold 4 times: first on 7 June 2017 for AED 3,000,000, last on 28 June 2024 for AED 1,630,000 (AED 836 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 110,000 by September 2023.
  • At AED 110,000 a year the gross yield on the 2024 price is 6.8%.
  • 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 28 June 2024.

Questions about 805, Capital Bay Towers 1

What did unit 805 last sell for?

AED 1,630,000 on 28 June 2024: AED 836 per sqft for 1,948 sqft. The unit has 4 registered sales; the first was AED 3,000,000 in June 2017.

What is the rent for unit 805?

AED 110,000 a year on the contract signed on 28 September 2023. The previous contract, from September 2022, was AED 95,000; the unit has been rented since May 2018.

How big is unit 805?

1,948 sqft (181.0 sqm): a two-bedroom apartment on the 8th floor of a 18-storey tower completed in 2014.

What is unit 805 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 805, Capital Bay Towers 1

Starts from the last sale price (AED 1.63M, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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