Capital Bay Towers 1

P1 — Delivered Ready Secondary
Developer Damac Properties
Community Business Bay
Property type Apartment
Data updated Feb 20, 2026

Capital Bay Towers 1 is a Delivered development by Damac Properties in Business Bay. 176 units across Studio (58%), 2 Bedroom (25%), 1 Bedroom (17%). Over the trailing 12 months, 431 sales at a median of AED 982,500.

Key Metrics
Median Price
Value
AED 982,500
Change
33.7% YoY
Transactions
Value
431
Change
28 in period
Price / sqft
Value
AED 1,247
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 982,500
↑ 33.7% YoY
Transactions
431
↑ 28 in period
Price / sqft
AED 1,247
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
-3.2%
Holding Period
Value
5.5 yrs
Liquidity
Value
70.0%
Price Dispersion
Value
15.9%
Ready Market Mix
Value
0.0%
Rental Activity
Value
100.0%
Capital Return
-3.2%
Holding Period
5.5 yrs
Liquidity
70.0%
Price Dispersion
15.9%
Ready Market Mix
0.0%
Rental Activity
100.0%

Rental Performance

Rental Volume
Value
1,198
Avg Annual Rent
Value
AED 70,321
New Leases
Value
73.3%
Renewals
Value
26.7%
Rental Volume
1,198
Avg Annual Rent
AED 70,321
New Leases
73.3%
Renewals
26.7%

Unit Mix

By bedroom type
Studio 102 units · 58%
1 Bedroom 30 units · 17%
2 Bedroom 44 units · 25%

Transaction Breakdown

All time — 431 transactions
Off-Plan Primary
155
Off-Plan Secondary
3
Ready Primary
21
Ready Secondary
252

Price History

Median Price — Capital Bay Towers 1

Median prices in Capital Bay Towers 1 have declined significantly, down 25% to AED 750K over the past 10 months.

Recent Transactions

Showing last 10 of 431
Date Type Price (AED) Size (sqft) AED/sqft
Feb 20, 2026 RP Secondary 720,000 568 1,266
Feb 13, 2026 RP Secondary 750,000 458 1,634
Feb 09, 2026 RP Secondary 855,000 505 1,691
Jan 14, 2026 RP Secondary 1,401,100 973 1,438
Dec 26, 2025 RP Secondary 858,622 638 1,345
Dec 26, 2025 RP Secondary 1,125,000 973 1,155
Dec 22, 2025 RP Secondary 700,000 505 1,384
Dec 17, 2025 RP Secondary 682,000 505 1,349
Dec 15, 2025 RP Secondary 2,085,760 1,947 1,070
Oct 30, 2025 RP Secondary 710,000 541 1,312

This project is in Business Bay

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