Unit 1308, Capital Bay Tower B: what it sold for and what it is worth now

Unit 1308 at Capital Bay Tower B is a studio of 621 sq ft. It last sold for AED 677,800 on 21 Aug 2023. At AED 1,397 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 867,000 today.

Value todayAED 867,000AED 780,000 to AED 912,000
Last saleAED 677,80021 Aug 2023 · Resale
Change since last sale+27.9%Building trend alone: AED 878,982
Rent (median asking, studio)AED 57,500Gross yield 6.6%
Bedroomsstudio
Size621 sq ft
Floor13 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingCapital Bay Tower B by DAMAC Properties, handed over 2014
Registered sales of this unit1

Every registered sale of unit 1308

DatePriceSizeAED/sq ftType
21 Aug 2023AED 677,800621 sq ft1,091Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140813 May 2026AED 558,606621 sq ft900Resale
50827 Jun 2021AED 520,000621 sq ft837Resale
160823 Feb 2020AED 650,000621 sq ft1,047Resale

Latest studio sales in Capital Bay Tower B

UnitDatePriceSizeAED/sq ftType
120317 Aug 2026AED 545,951429 sq ft1,273Resale
140529 Jul 2026AED 705,000564 sq ft1,250Resale
160330 Jun 2026AED 700,000429 sq ft1,632Resale
30419 Jun 2026AED 750,000541 sq ft1,386Resale
140813 May 2026AED 558,606621 sq ft900Resale
100513 May 2026AED 523,462564 sq ft928Resale
14051 Apr 2026AED 732,470564 sq ft1,299Resale
141030 Jan 2026AED 740,000504 sq ft1,468Resale

How we worked out the value

We took the 14 sales in Capital Bay Tower B in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,397). We multiplied it by the size of this unit (621 sq ft). The range uses the middle half of those sales (AED 1,256 to AED 1,468 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 878,982. Floor, view, condition and upgrades can move the price either way. Sales data to 24 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 1308 at Capital Bay Tower B worth?

About AED 867,000 (range AED 780,000 to AED 912,000), based on AED 1,397 per sq ft from registered sales up to 24 Aug 2026.

When did unit 1308 last sell?

21 Aug 2023, for AED 677,800 (resale). It has 1 registered sale.

What rent can unit 1308 make?

A studio in Capital Bay Tower B rents for about AED 57,500 a year (median asking rent). That is a gross yield of 6.6% on the estimate.

Sales alert for Capital Bay Tower BAll sales in Capital Bay Tower B

Unit 1307 · Unit 1309