Unit 1603, Capital Bay Tower B: what it sold for and what it is worth now

Unit 1603 at Capital Bay Tower B is a studio of 429 sq ft. It last sold for AED 700,000 on 30 Jun 2026. At AED 1,632 per sq ft, from 3 sales of units ending 03 (same position in the tower), it is worth about AED 700,000 today.

Value todayAED 700,000AED 623,000 to AED 708,000
Last saleAED 700,00030 Jun 2026 · Resale
Change since last sale+0.0%Building trend alone: AED 685,021
Rent (median asking, studio)AED 57,500Gross yield 8.2%
Bedroomsstudio
Size429 sq ft
Floor16 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingCapital Bay Tower B by DAMAC Properties, handed over 2014
Registered sales of this unit2

Every registered sale of unit 1603

DatePriceSizeAED/sq ftType
30 Jun 2026AED 700,000429 sq ft1,632Resale
2 Apr 2024AED 535,000429 sq ft1,247Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
120317 Aug 2026AED 545,951429 sq ft1,273Resale
140330 Jan 2026AED 715,000429 sq ft1,667Resale
4033 Apr 2024AED 500,000429 sq ft1,166Resale
150326 May 2022AED 465,000429 sq ft1,084Resale
40314 Jul 2021AED 390,000429 sq ft909Resale
70329 Apr 2021AED 420,000429 sq ft979Resale
20328 Apr 2021AED 400,000544 sq ft735Resale
110319 Nov 2020AED 300,000429 sq ft699Resale

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
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
140330 Jan 2026AED 715,000429 sq ft1,667Resale

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 1,632). We multiplied it by the size of this unit (429 sq ft). The range uses the middle half of those sales (AED 1,452 to AED 1,649 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 685,021. 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 1603 at Capital Bay Tower B worth?

About AED 700,000 (range AED 623,000 to AED 708,000), based on AED 1,632 per sq ft from registered sales up to 24 Aug 2026.

When did unit 1603 last sell?

30 Jun 2026, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 1603 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 8.2% on the estimate.

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

Unit 1602 · Unit 1604