Unit 1602, Capital Bay Tower A: what it sold for and what it is worth now

Unit 1602 at Capital Bay Tower A is a 2 bed of 1,250 sq ft. It last sold for AED 1,200,000 on 25 Jan 2023. At AED 1,156 per sq ft, from 10 sales of units ending 02 (same position in the tower), it is worth about AED 1,445,000 today.

Value todayAED 1,445,000AED 1,363,000 to AED 1,498,000
Last saleAED 1,200,00025 Jan 2023 · Resale
Change since last sale+20.4%Building trend alone: AED 1,458,114
Rent (median asking, 2 bed)AED 115,000Gross yield 8.0%
Bedrooms2 bed
Size1,250 sq ft
Floor16 (from the unit number)
Position in the towerStack 02: units ending 02 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 1602

DatePriceSizeAED/sq ftType
25 Jan 2023AED 1,200,0001,250 sq ft960Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
100216 Apr 2026AED 1,550,0001,250 sq ft1,240Resale
13022 Oct 2025AED 1,490,0001,250 sq ft1,192Resale
170230 Sep 2025AED 1,500,0001,250 sq ft1,200Resale
80218 Sep 2025AED 1,440,0001,250 sq ft1,152Resale
140212 Aug 2025AED 1,550,0001,250 sq ft1,240Resale
14021 May 2025AED 1,300,0001,250 sq ft1,040Resale
170216 Apr 2025AED 1,350,0001,250 sq ft1,080Resale
120219 Feb 2025AED 1,400,0001,250 sq ft1,120Resale

Latest 2 bed sales in Capital Bay Tower A

UnitDatePriceSizeAED/sq ftType
40528 Jul 2026AED 2,075,2001,948 sq ft1,065Resale
100216 Apr 2026AED 1,550,0001,250 sq ft1,240Resale
90515 Dec 2025AED 2,085,7601,948 sq ft1,071Resale
13022 Oct 2025AED 1,490,0001,250 sq ft1,192Resale
170230 Sep 2025AED 1,500,0001,250 sq ft1,200Resale
80218 Sep 2025AED 1,440,0001,250 sq ft1,152Resale
110912 Sep 2025AED 1,400,0001,361 sq ft1,029Resale
140212 Aug 2025AED 1,550,0001,250 sq ft1,240Resale

How we worked out the value

We took the 10 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,156). We multiplied it by the size of this unit (1,250 sq ft). The range uses the middle half of those sales (AED 1,090 to AED 1,198 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,458,114. 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 1602 at Capital Bay Tower A worth?

About AED 1,445,000 (range AED 1,363,000 to AED 1,498,000), based on AED 1,156 per sq ft from registered sales up to 14 Aug 2026.

When did unit 1602 last sell?

25 Jan 2023, for AED 1,200,000 (resale). It has 1 registered sale.

What rent can unit 1602 make?

A 2 bed in Capital Bay Tower A rents for about AED 115,000 a year (median asking rent). That is a gross yield of 8.0% on the estimate.

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

Unit 1601 · Unit 1603