Studio · 541 sqftCapital Bay Towers 1, Business Bay · 9th floor · completed 2014

906, Capital Bay Towers 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 500K1 November 2024
Current rentAED 52K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Capital Bay Towers 1

What is 906 worth today?

Last sold for AED 500,000 in 2024

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25 Sep 2026RentedNew contract
AED 52,000/yr12 months · AED 97 per sqft
30 Jul 2025RentedNew contract
AED 63,000/yr12 months · AED 117 per sqft
1 Nov 2024SoldReady
AED 500,000AED 924 per sqft
12 Jan 2024RentedRenewal
AED 48,300/yr12 months · AED 90 per sqft
12 Jan 2023RentedRenewal
AED 46,000/yr12 months · AED 85 per sqft
12 Jan 2022RentedRenewal
AED 40,000/yr12 months · AED 74 per sqft
12 Jan 2021RentedRenewal
AED 33,000/yr12 months · AED 61 per sqft
12 Jan 2020RentedRenewal
AED 42,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
9th of 18
Parking
B2-92
Developer
DAMAC
Completed
2014
Last sold
AED 500K · November 2024

About 906, Capital Bay Towers 1

906 is a studio of 541 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 1 November 2024 for AED 500,000, or AED 924 per sqft, 29% below the AED 1,296 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 25 September 2026, is AED 52,000 a year: a gross yield of 10.4% on the 2024 price.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical studio in Capital Bay Towers 1
500K750K1M2012201620202024Typical 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, June 2013: AED 962,500 (AED 1,778 per sqft)Sold, January 2015: AED 962,500 (AED 1,778 per sqft)Sold, November 2024: AED 500,000 (AED 924 per sqft)

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

Rents
Unit 906, each contractTypical studio in Capital Bay Towers 1
40K60K80K2015201920232027Typical 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, July 2016: AED 52,000 a yearNew contract, January 2018: AED 58,000 a yearNew contract, January 2019: AED 50,000 a yearRenewal, January 2020: AED 42,000 a yearRenewal, January 2021: AED 33,000 a yearRenewal, January 2022: AED 40,000 a yearRenewal, January 2023: AED 46,000 a yearRenewal, January 2024: AED 48,300 a yearNew contract, July 2025: AED 63,000 a yearNew contract, September 2026: AED 52,000 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 906 sits

All 102 studios →

906 last sold in November 2024 at AED 924 per sqft, 29% below what studios in Capital Bay Towers 1 were fetching at the time (AED 1,296). 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. 906's AED 52,000 is in the lower 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
904StudioAED 1.19M · Feb 2015
9052-bedAED 2.09M · Dec 2025
9071-bedAED 847K · May 2023
908StudioAED 500K · Jul 2019
1–7 of 9

906, Capital Bay Towers 1 in numbers

  • Sold 3 times: first on 3 June 2013 for AED 962,500, last on 1 November 2024 for AED 500,000 (AED 924 per sqft).
  • Rented since July 2016 on 10 Ejari contracts. The rent fell from AED 52,000 to AED 33,000 in 2021 and recovered to AED 52,000 by September 2026.
  • At AED 52,000 a year the gross yield on the 2024 price is 10.4%.
  • 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 25 September 2026.

Questions about 906, Capital Bay Towers 1

What did unit 906 last sell for?

AED 500,000 on 1 November 2024: AED 924 per sqft for 541 sqft. The unit has 3 registered sales; the first was AED 962,500 in June 2013.

What is the rent for unit 906?

AED 52,000 a year on the contract signed on 25 September 2026. The previous contract, from July 2025, was AED 63,000; the unit has been rented since July 2016.

How big is unit 906?

541 sqft (50.3 sqm): a studio on the 9th floor of a 18-storey tower completed in 2014.

What is unit 906 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 906, Capital Bay Towers 1

Starts from the last sale price (AED 500K, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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