1607, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Capital Bay Towers 2
What is 1607 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,032 sqft
- Floor
- 16th of 18
- Parking
- P1-61
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.18M · January 2025
- Building
- Capital Bay Towers 2
About 1607, Capital Bay Towers 2
1607 is a one-bedroom apartment of 1,032 sqft on the 16th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 8 January 2025 for AED 1,180,000, or AED 1,143 per sqft, 20% above the AED 950 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 September 2023, is AED 85,000 a year: a gross yield of 7.2% on the 2025 price.
Sales and rents for 1607 over time
1607 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Capital Bay Towers 2, and where 1607 sits
All 30 1-beds →1607 last sold in January 2025 at AED 1,143 per sqft, 20% above what one-beds in Capital Bay Towers 2 were fetching at the time (AED 950). Over the last 12 months one-beds sold for AED 1,122,000 to 1,320,000, around AED 1,106 per sqft, and rent for AED 69,037 to 100,000 a year. 1607's AED 85,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 1,029 sqft | 1,150,000 | 1,117 | ||
| 4 Feb 20264 February 2026 | 1,032 sqft | 1,130,000 | 1,095 | ||
| 29 Jan 202629 January 2026 | 1,032 sqft | 1,320,000 | 1,279 | ||
| 25 Nov 202525 November 2025 | 1,032 sqft | 1,122,000 | 1,087 |
Capital Bay Towers 2
Building163 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by DAMAC. 23 sold in the last 12 months.
- Typical price per sqft
- AED 1,299 Up 8.5%
- Typical sale
- AED 750K
- Typical rent
- AED 61K /yr
- Typical yield
- 7.8%
Other units on the 16th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 417 sqft | AED 445KAED 445,000 · Mar 2022March 2022 | 60,000 /yr | |
| 1602 | 2-bed | 1,230 sqft | AED 1.17MAED 1,171,854 · Aug 2023August 2023 | 108,000 /yr | |
| 1603 | Studio | 429 sqft | AED 535KAED 535,000 · Apr 2024April 2024 | 80,000 /yr | |
| 1604 | Studio | 540 sqft | AED 440KAED 440,000 · Jan 2022January 2022 | 55,000 /yr | |
| 1605 | Studio | 564 sqft | AED 952KAED 952,000 · Jul 2015July 2015 | 70,000 /yr | |
| 1606 | 2-bed | 1,432 sqft | AED 2.64MAED 2,638,000 · Jul 2018July 2018 | 140,000 /yr | |
| 1608 | Studio | 621 sqft | AED 650KAED 650,000 · Feb 2020February 2020 | 66,000 /yr | |
| 1609 | 2-bed | 1,377 sqft | AED 1.59MAED 1,585,000 · Apr 2016April 2016 | 112,000 /yr | |
| 1610 | Studio | 504 sqft | AED 470KAED 470,000 · Feb 2022February 2022 | 60,000 /yr |
1607, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 14 April 2013 for AED 1,925,700, last on 8 January 2025 for AED 1,180,000 (AED 1,143 per sqft).
- Rented since May 2016 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 57,000 in 2021 and recovered to AED 85,000 by September 2023.
- At AED 85,000 a year the gross yield on the 2025 price is 7.2%.
- One-beds in Capital Bay Towers 2 sold for AED 1,122,000–1,320,000 in the 12 months to November 2026; the building's median across all types is AED 1,299 per sqft.
Source: Dubai Land Department. Updated 8 January 2025.
Questions about 1607, Capital Bay Towers 2
What did unit 1607 last sell for?
AED 1,180,000 on 8 January 2025: AED 1,143 per sqft for 1,032 sqft. The unit has 3 registered sales; the first was AED 1,925,700 in April 2013.
What is the rent for unit 1607?
AED 85,000 a year on the contract signed on 1 September 2023. The previous contract, from September 2022, was AED 65,000; the unit has been rented since May 2016.
How big is unit 1607?
1,032 sqft (95.9 sqm): a one-bedroom apartment on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Capital Bay Towers 2 sold for AED 1,122,000 to 1,320,000 in the last 12 months, around AED 1,106 per sqft.
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Mortgage on 1607, Capital Bay Towers 2
Starts from the last sale price (AED 1.18M, 8 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →