Studio · 638 sqftCapital Bay Towers 1, Business Bay · 9th floor · completed 2014

904, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 1.19M23 February 2015
Current rentAED 65K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Capital Bay Towers 1

What is 904 worth today?

Last sold for AED 1,185,100 in 2015

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31 Dec 2025RentedNew contract
AED 65,000/yr12 months · AED 102 per sqft
30 Nov 2024RentedRenewal
AED 60,000/yr12 months · AED 94 per sqft
30 Nov 2023RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
27 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
5 Aug 2022RentedRenewal
AED 50,000/yr12 months · AED 79 per sqft
5 Aug 2021RentedRenewal
AED 50,000/yr12 months · AED 79 per sqft
5 Aug 2020RentedNew contract
AED 54,000/yr12 months · AED 85 per sqft
1 Nov 2019RentedNew contract
AED 46,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
Studio apartment
Size
638 sqft
Floor
9th of 18
Parking
B2-90
Developer
DAMAC
Completed
2014
Last sold
AED 1.19M · February 2015

About 904, Capital Bay Towers 1

904 is a studio of 638 sqft on the 9th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 23 February 2015 for AED 1,185,100, or AED 1,856 per sqft, 7% above the AED 1,732 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, signed on 31 December 2025, is AED 65,000 a year: a gross yield of 5.5% on the 2015 price.

Sales and rents for 904 over time

Sales
Unit 904, 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, December 2012: AED 1,185,100 (AED 1,856 per sqft)Sold, February 2015: AED 1,185,100 (AED 1,856 per sqft)

904 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 904, each contractTypical studio in Capital Bay Towers 1
40K60K80K20152018202120242027Typical 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, September 2016: AED 70,000 a yearNew contract, October 2017: AED 65,000 a yearNew contract, October 2018: AED 55,000 a yearNew contract, November 2019: AED 46,000 a yearNew contract, August 2020: AED 54,000 a yearRenewal, August 2021: AED 50,000 a yearRenewal, August 2022: AED 50,000 a yearNew contract, January 2023: AED 55,000 a yearNew contract, November 2023: AED 60,000 a yearRenewal, November 2024: AED 60,000 a yearNew contract, December 2025: AED 65,000 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 904 sits

All 102 studios →

904 last sold in February 2015 at AED 1,856 per sqft, 7% above what studios in Capital Bay Towers 1 were fetching at the time (AED 1,732). 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. 904's AED 65,000 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 9th floor

All 176 units in Capital Bay Towers 1
Value
901StudioAED 655K · Feb 2018
9022-bedAED 2.12M · Mar 2015
903StudioAED 865K · Sep 2025
9052-bedAED 2.09M · Dec 2025
906StudioAED 500K · Nov 2024
9071-bedAED 847K · May 2023
908StudioAED 500K · Jul 2019
1–7 of 9

904, Capital Bay Towers 1 in numbers

  • Sold twice: first on 23 December 2012 for AED 1,185,100, last on 23 February 2015 for AED 1,185,100 (AED 1,856 per sqft).
  • Rented since September 2016 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 46,000 in 2019 and recovered to AED 65,000 by December 2025.
  • At AED 65,000 a year the gross yield on the 2015 price is 5.5%.
  • 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 31 December 2025.

Questions about 904, Capital Bay Towers 1

What did unit 904 last sell for?

AED 1,185,100 on 23 February 2015: AED 1,856 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 1,185,100 in December 2012.

What is the rent for unit 904?

AED 65,000 a year on the contract signed on 31 December 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since September 2016.

How big is unit 904?

638 sqft (59.3 sqm): a studio on the 9th floor of a 18-storey tower completed in 2014.

What is unit 904 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 904, Capital Bay Towers 1

Starts from the last sale price (AED 1.19M, 23 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,100
Deposit, UAE resident (20%)
AED 237,020
Deposit, non-resident (40%)
AED 474,040
Monthly over 25 years at 3.7%
AED 4,849

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