Project · Transactions · 2023

Capital Bay Towers Property Transactions 2023

52 property sales worth ⃃ 46.1M were registered in Capital Bay Towers in 2023, 188.9% higher than 2022 by number of sales. The median sale price was ⃃ 759,344 and the median price per square foot ⃃ 986 (+9.5% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 52 salesUpdated: 17 Oct 2026
Property sales
52
+188.9% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 46.1M
+244.6% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 759,344
+29.3% vs 2022
52 sales
Median price per sq ft
⃃ 986
+9.5% vs 2022
52 sales

What types of property sold in Capital Bay Towers in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments52100%⃃ 46.1M⃃ 759,344⃃ 986

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Resale (secondary)52100%⃃ 46.1M⃃ 759,344⃃ 986
Ready52100%⃃ 46.1M⃃ 759,344⃃ 986

How many rental contracts were registered in Capital Bay Towers in 2023?

258 rental contracts (new and renewed) were registered in Capital Bay Towers in 2023, at a median annual rent of ⃃ 60,000 (+14.8% on 2022). Rental yields in Capital Bay Towers

What were the most expensive property sales in Capital Bay Towers in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
19/12/2023Capital Bay Tower A2 beds · Apartment1,948 sq ft⃃ 1,650,000Resale · Ready
02/10/2023Capital Bay Tower A2 beds · Apartment1,948 sq ft⃃ 1,538,000Resale · Ready
02/01/2023Capital Bay Tower B2 beds · Apartment1,649 sq ft⃃ 1,500,000Resale · Ready
02/10/2023Capital Bay Tower A2 beds · Apartment1,948 sq ft⃃ 1,490,000Resale · Ready
24/10/2023Capital Bay Tower B2 beds · Apartment1,649 sq ft⃃ 1,450,000Resale · Ready
06/10/2023Capital Bay Tower A2 beds · Apartment1,948 sq ft⃃ 1,448,000Resale · Ready
05/09/2023Capital Bay Tower B2 beds · Apartment1,230 sq ft⃃ 1,400,000Resale · Ready
17/10/2023Capital Bay Tower B2 beds · Apartment1,649 sq ft⃃ 1,350,000Resale · Ready
12/06/2023Capital Bay Tower B2 beds · Apartment1,649 sq ft⃃ 1,300,000Resale · Ready
23/05/2023Capital Bay Tower A2 beds · Apartment1,361 sq ft⃃ 1,285,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
25/12/2023Capital Bay Tower AStudio · Apartment541 sq ft⃃ 665,000Resale · Ready
19/12/2023Capital Bay Tower A2 beds · Apartment1,948 sq ft⃃ 1,650,000Resale · Ready
29/11/2023Capital Bay Tower A1 bed · Apartment977 sq ft⃃ 1,150,000Resale · Ready
24/11/2023Capital Bay Tower AStudio · Apartment495 sq ft⃃ 640,000Resale · Ready
22/11/2023Capital Bay Tower B1 bed · Apartment1,032 sq ft⃃ 950,000Resale · Ready
16/11/2023Capital Bay Tower B1 bed · Apartment1,068 sq ft⃃ 1,060,000Resale · Ready
14/11/2023Capital Bay Tower BStudio · Apartment540 sq ft⃃ 640,000Resale · Ready
24/10/2023Capital Bay Tower B2 beds · Apartment1,649 sq ft⃃ 1,450,000Resale · Ready
17/10/2023Capital Bay Tower B2 beds · Apartment1,649 sq ft⃃ 1,350,000Resale · Ready
16/10/2023Capital Bay Tower A2 beds · Apartment1,250 sq ft⃃ 1,225,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/capital-bay-towers/2023
Capital Bay Towers Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/capital-bay-towers/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Capital Bay Towers in 2023?
52 property sales worth ⃃ 46,096,655 were registered in Capital Bay Towers in 2023. That is 188.9% higher than 2022.
What was the median property price in Capital Bay Towers in 2023?
The median sale price was ⃃ 759,344 and the median price per square foot ⃃ 986 (1 Jan – 31 Dec 2023).

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/capital-bay-towers/2023