Unit 1508, Capital Bay Tower A: what it sold for and what it is worth now

Unit 1508 at Capital Bay Tower A is a studio of 556 sq ft. It last sold for AED 639,500 on 16 Apr 2025. At AED 1,403 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 780,000 today.

Value todayAED 780,000AED 710,000 to AED 785,000
Last saleAED 639,50016 Apr 2025 · Resale
Change since last sale+22.0%Building trend alone: AED 700,008
Rent (median asking, studio)AED 55,000Gross yield 7.1%
Bedroomsstudio
Size556 sq ft
Floor15 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingCapital Bay Tower A by DAMAC Properties, handed over 2014
Registered sales of this unit1

Every registered sale of unit 1508

DatePriceSizeAED/sq ftType
16 Apr 2025AED 639,500556 sq ft1,150Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130823 Jun 2025AED 780,000556 sq ft1,403Resale
100820 Jun 2025AED 660,000464 sq ft1,422Resale
140823 Sep 2021AED 455,000556 sq ft818Resale
20827 Oct 2020AED 315,685714 sq ft442Resale

Latest studio sales in Capital Bay Tower A

UnitDatePriceSizeAED/sq ftType
70114 Aug 2026AED 787,500459 sq ft1,716Resale
21020 Feb 2026AED 720,000569 sq ft1,265Resale
160113 Feb 2026AED 750,000459 sq ft1,634Resale
18109 Feb 2026AED 855,000505 sq ft1,693Resale
50426 Dec 2025AED 858,622638 sq ft1,346Resale
171022 Dec 2025AED 700,000505 sq ft1,386Resale
181017 Dec 2025AED 682,000505 sq ft1,350Resale
140630 Oct 2025AED 710,000541 sq ft1,312Resale

How we worked out the value

We took the 3 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,403). We multiplied it by the size of this unit (556 sq ft). The range uses the middle half of those sales (AED 1,277 to AED 1,413 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 700,008. Floor, view, condition and upgrades can move the price either way. Sales data to 14 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 1508 at Capital Bay Tower A worth?

About AED 780,000 (range AED 710,000 to AED 785,000), based on AED 1,403 per sq ft from registered sales up to 14 Aug 2026.

When did unit 1508 last sell?

16 Apr 2025, for AED 639,500 (resale). It has 1 registered sale.

What rent can unit 1508 make?

A studio in Capital Bay Tower A rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Capital Bay Tower AAll sales in Capital Bay Tower A

Unit 1506 · Unit 1509