Unit 503, Capital Bay Tower A: what it sold for and what it is worth now

Unit 503 at Capital Bay Tower A is a studio of 495 sq ft. It last sold for AED 670,000 on 6 May 2024. At AED 1,384 per sq ft, from 3 sales of units ending 03 (same position in the tower), it is worth about AED 685,000 today.

Value todayAED 685,000AED 678,000 to AED 775,000
Last saleAED 670,0006 May 2024 · Resale
Change since last sale+2.2%Building trend alone: AED 702,192
Rent (median asking, studio)AED 55,000Gross yield 8.0%
Bedroomsstudio
Size495 sq ft
Floor5 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingCapital Bay Tower A by DAMAC Properties, handed over 2014
Registered sales of this unit2

Every registered sale of unit 503

DatePriceSizeAED/sq ftType
6 May 2024AED 670,000495 sq ft1,354Resale
17 Mar 2023AED 570,000495 sq ft1,152Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
90329 Sep 2025AED 865,000495 sq ft1,747Resale
90311 Aug 2025AED 685,000495 sq ft1,384Resale
40324 Oct 2024AED 670,000495 sq ft1,354Resale
110319 Mar 2024AED 700,000495 sq ft1,414Resale
100324 Nov 2023AED 640,000495 sq ft1,293Resale
160326 Sep 2023AED 645,000495 sq ft1,303Resale
100321 Jun 2023AED 509,000495 sq ft1,028Resale
14032 Feb 2023AED 605,000495 sq ft1,222Resale

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 03 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,384). We multiplied it by the size of this unit (495 sq ft). The range uses the middle half of those sales (AED 1,369 to AED 1,566 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 702,192. 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 503 at Capital Bay Tower A worth?

About AED 685,000 (range AED 678,000 to AED 775,000), based on AED 1,384 per sq ft from registered sales up to 14 Aug 2026.

When did unit 503 last sell?

6 May 2024, for AED 670,000 (resale). It has 2 registered sales.

What rent can unit 503 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 8.0% on the estimate.

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

Unit 501 · Unit 504