Unit 705, Capital Bay Tower B: what it sold for and what it is worth now

Unit 705 at Capital Bay Tower B is a studio of 564 sq ft. It last sold for AED 600,000 on 21 Feb 2023. At AED 1,250 per sq ft, from 7 sales of units ending 05 (same position in the tower), it is worth about AED 705,000 today.

Value todayAED 705,000AED 691,000 to AED 787,000
Last saleAED 600,00021 Feb 2023 · Resale
Change since last sale+17.5%Building trend alone: AED 831,958
Rent (median asking, studio)AED 57,500Gross yield 8.2%
Bedroomsstudio
Size564 sq ft
Floor7 (from the unit number)
Position in the towerStack 05: units ending 05 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 705

DatePriceSizeAED/sq ftType
21 Feb 2023AED 600,000564 sq ft1,064Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
140529 Jul 2026AED 705,000564 sq ft1,250Resale
100513 May 2026AED 523,462564 sq ft928Resale
14051 Apr 2026AED 732,470564 sq ft1,299Resale
30526 Jan 2026AED 905,000563 sq ft1,607Resale
30517 Oct 2025AED 675,000563 sq ft1,199Resale
40530 Jun 2025AED 841,500564 sq ft1,492Resale
40527 Jan 2025AED 705,000564 sq ft1,250Resale
130519 Jan 2024AED 700,000564 sq ft1,241Resale

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 7 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,250). We multiplied it by the size of this unit (564 sq ft). The range uses the middle half of those sales (AED 1,224 to AED 1,395 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 831,958. 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 705 at Capital Bay Tower B worth?

About AED 705,000 (range AED 691,000 to AED 787,000), based on AED 1,250 per sq ft from registered sales up to 24 Aug 2026.

When did unit 705 last sell?

21 Feb 2023, for AED 600,000 (resale). It has 1 registered sale.

What rent can unit 705 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 703 · Unit 706