Unit 1501, Capital Bay Tower B: what it sold for and what it is worth now

Unit 1501 at Capital Bay Tower B is a studio of 417 sq ft. It last sold for AED 620,000 on 25 Apr 2024. At AED 1,397 per sq ft, from 14 sales in the building in the last 12 months (studio), it is worth about AED 582,000 today.

Value todayAED 582,000AED 524,000 to AED 612,000
Last saleAED 620,00025 Apr 2024 · Resale
Change since last sale-6.1%Building trend alone: AED 694,633
Rent (median asking, studio)AED 57,500Gross yield 9.9%
Bedroomsstudio
Size417 sq ft
Floor15 (from the unit number)
Position in the towerStack 01: units ending 01 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 1501

DatePriceSizeAED/sq ftType
25 Apr 2024AED 620,000417 sq ft1,487Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
80117 Mar 2025AED 665,000417 sq ft1,595Resale
14011 Aug 2024AED 630,000417 sq ft1,511Resale
8011 Mar 2024AED 600,000417 sq ft1,439Resale
100114 Feb 2024AED 650,000417 sq ft1,559Resale
70111 Oct 2023AED 560,000417 sq ft1,343Resale
170127 Feb 2023AED 420,000417 sq ft1,007Resale
13015 Dec 2022AED 535,000417 sq ft1,283Resale
160114 Mar 2022AED 445,000417 sq ft1,067Resale

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 (417 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 694,633. 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 1501 at Capital Bay Tower B worth?

About AED 582,000 (range AED 524,000 to AED 612,000), based on AED 1,397 per sq ft from registered sales up to 24 Aug 2026.

When did unit 1501 last sell?

25 Apr 2024, for AED 620,000 (resale). It has 1 registered sale.

What rent can unit 1501 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 9.9% on the estimate.

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

Unit 1410 · Unit 1503