Studio · 561 sqftCapital Bay Towers 1, Business Bay · 9th floor · completed 2014

908, Capital Bay Towers 1

Sold prices and rental history: sold 3 times, last in July 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 500K29 July 2019
Current rentAED 50K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Capital Bay Towers 1

What is 908 worth today?

Last sold for AED 500,000 in 2019

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10 Oct 2026RentedRenewal
AED 50,000/yr12 months · AED 89 per sqft
10 Oct 2026RentedRenewal
AED 64,826/yr12 months · AED 116 per sqft
10 Oct 2025RentedRenewal
AED 55,000/yr12 months · AED 98 per sqft
10 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
2 Aug 2023RentedNew contract
AED 52,000/yr12 months · AED 93 per sqft
16 Oct 2022RentedNew contract
AED 50,000/yr12 months · AED 89 per sqft
10 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
1 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
9th of 18
Parking
B2-94
Developer
DAMAC
Completed
2014
Last sold
AED 500K · July 2019

About 908, Capital Bay Towers 1

908 is a studio of 561 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 29 July 2019 for AED 500,000, or AED 891 per sqft, in line with the AED 898 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 50,000 a year: a gross yield of 10.0% on the 2019 price.

Sales and rents for 908 over time

Sales
Unit 908, 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, December 2013: AED 945,450 (AED 1,685 per sqft)Sold, February 2015: AED 945,450 (AED 1,685 per sqft)Sold, July 2019: AED 500,000 (AED 891 per sqft)

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

Rents
Unit 908, each contractTypical studio in Capital Bay Towers 1
25K50K75K2015201920232027Typical 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 2019: AED 45,000 a yearNew contract, October 2020: AED 30,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, October 2022: AED 50,000 a yearNew contract, August 2023: AED 52,000 a yearNew contract, October 2024: AED 55,000 a yearRenewal, October 2025: AED 55,000 a yearRenewal, October 2026: AED 50,000 a yearRenewal, October 2026: AED 64,826 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 908 sits

All 102 studios →

908 last sold in July 2019 at AED 891 per sqft, in line with what studios in Capital Bay Towers 1 were fetching at the time (AED 898). 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. 908's AED 50,000 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
906StudioAED 500K · Nov 2024
9071-bedAED 847K · May 2023
1–7 of 9

908, Capital Bay Towers 1 in numbers

  • Sold 3 times: first on 8 December 2013 for AED 945,450, last on 29 July 2019 for AED 500,000 (AED 891 per sqft).
  • Rented since September 2019 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2020 and recovered to AED 50,000 by October 2026.
  • At AED 50,000 a year the gross yield on the 2019 price is 10.0%.
  • 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 10 October 2026.

Questions about 908, Capital Bay Towers 1

What did unit 908 last sell for?

AED 500,000 on 29 July 2019: AED 891 per sqft for 561 sqft. The unit has 3 registered sales; the first was AED 945,450 in December 2013.

What is the rent for unit 908?

AED 50,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2026, was AED 64,826; the unit has been rented since September 2019.

How big is unit 908?

561 sqft (52.1 sqm): a studio on the 9th floor of a 18-storey tower completed in 2014.

What is unit 908 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 908, Capital Bay Towers 1

Starts from the last sale price (AED 500K, 29 July 2019). 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 →