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Project · #2802 by 12M value

Capital Bay Towers 1

Business Bay · Damac Properties

Median price per sqft · last 3 months

— /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
0

Market bulletin · Thu, 22 Oct 2026

Capital Bay Towers 1: 0 sales worth AED 0 in 30 days

Capital Bay Towers 1 recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.

By market over 12 months: secondary (ready) sales 100%.

In Business Bay, Capital Bay Towers 1 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Leases registered in the last three months had a median annual rent of AED 55K. The best gross yield is on Studio apartments at about 7.6%.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 1,345
Nov 25—
Oct 25—
Sept 25AED 1,138
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25—
Jan 25—
Dec 24—
Nov 24AED 924

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26000
Sept 26000
Aug 26001
Jul 26001
Jun 26000
May 26000
Apr 26001
Mar 26000
Feb 26003
Jan 26001
Dec 25005
Nov 25000

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month0—AED 0——
Last 3 months2—AED 2.86M——
Last 6 months2down 81.8%AED 2.86M——
Last 12 months13down 59.4%AED 14.3M1,345up 18.5%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Secondary (ready)13100%AED 855K1,345up 18.8%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
Studio862%AED 735K1,367down 0.1%
1 bedroom215%———
2 bedrooms323%———
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M1185%AED 788K1,349up 18.9%
AED 2M–10M215%———

Rents & yields

Leases registered with Ejari / DLD.

Median annual rent

Monthly median of registered leases (new and renewed)

View data table
Median annual rent
DateAnnual rent
Oct 26AED 58K
Sept 26AED 56K
Aug 26AED 50K
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26AED 65K
Jan 26AED 77K
Dec 25AED 65K
Nov 25AED 60K
Oct 25AED 69K
Sept 25AED 59K
Aug 25AED 69K
Jul 25AED 60K
Jun 25AED 57K
May 25—
Apr 25—
Mar 25AED 60K
Feb 25—
Jan 25AED 65K
Dec 24—
Nov 24—
Leases (12M)
136
New leases
70.6%
Median rent 3M
AED 55K
Rent/sqft 3M
AED 92
Gross yield
Studio apartmentsAED 56K / AED 735K7.6%
Rent by bedrooms (12M)
BedroomsLeasesMedian rentNew leasesAED/sqft/yr
Studio73AED 56KAED 55K107
1 BR16AED 90KAED 90K90
2 BR19AED 120KAED 125K88

Competing projects in Business Bay

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Bugatti ResidencesBinghatti265,436—
DWTN Residences - Downtown ResidencesDeyaar Development2942,773—
Al Habtoor TowerAl Habtoor Group1772,661—
One by BinghattiBinghatti1722,205up 2.7%
Tiger Sky TowerTiger Properties - Tiger Real Estate1562,350—
Volante 2Xtreme Vision123,491—
Burj Binghatti by Jacob & CoBinghatti273,523—
Avarra - Business Bay Palace ResidencesEmaar Properties593,460—
One River PointEllington Properties Development792,714—
Bayz 102 By DanubeDanube Properties932,955—

Biggest sales, last 3 months

Biggest sales in Capital Bay Towers 1
PricePropertyDate
AED 2.08M2 BR Apartment · 1,948 sqftCapital Bay Towers 1 · Business Bay28 Jul
AED 788KStudio Apartment · 459 sqftCapital Bay Towers 1 · Business Bay14 Aug

Questions about Capital Bay Towers 1

How many properties were sold in Capital Bay Towers 1 in the last year?

13 sales worth AED 14.3M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.

What is the average rent in Capital Bay Towers 1?

The median annual rent on leases registered in the last three months was AED 55K, and the best gross rental yield is about 7.6%.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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