Unit 1704, Capital Bay Tower B: what it sold for and what it is worth now

Unit 1704 at Capital Bay Tower B is a studio of 540 sq ft. It last sold for AED 660,000 on 22 Apr 2024. At AED 1,386 per sq ft, from 3 sales of units ending 04 (same position in the tower), it is worth about AED 749,000 today.

Value todayAED 749,000AED 694,000 to AED 754,000
Last saleAED 660,00022 Apr 2024 · Resale
Change since last sale+13.5%Building trend alone: AED 746,184
Rent (median asking, studio)AED 57,500Gross yield 7.7%
Bedroomsstudio
Size540 sq ft
Floor17 (from the unit number)
Position in the towerStack 04: units ending 04 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 1704

DatePriceSizeAED/sq ftType
22 Apr 2024AED 660,000540 sq ft1,222Resale
2 Jul 2020AED 410,000540 sq ft759Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30419 Jun 2026AED 750,000541 sq ft1,386Resale
60412 Jan 2026AED 760,000540 sq ft1,407Resale
14046 Mar 2025AED 640,000540 sq ft1,185Resale
90414 Nov 2023AED 640,000540 sq ft1,185Resale
150413 Dec 2022AED 600,000540 sq ft1,111Resale
16046 Jan 2022AED 440,000540 sq ft815Resale
120422 Mar 2021AED 442,000540 sq ft819Resale

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 3 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,386). We multiplied it by the size of this unit (540 sq ft). The range uses the middle half of those sales (AED 1,286 to AED 1,397 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 746,184. 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 1704 at Capital Bay Tower B worth?

About AED 749,000 (range AED 694,000 to AED 754,000), based on AED 1,386 per sq ft from registered sales up to 24 Aug 2026.

When did unit 1704 last sell?

22 Apr 2024, for AED 660,000 (resale). It has 2 registered sales.

What rent can unit 1704 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 7.7% on the estimate.

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

Unit 1702 · Unit 1709