Capital Bay Tower B, Business Bay

Capital Bay Tower B is a mixed-use building in Business Bay, Dubai, developed by DAMAC. It holds about 163 units: studios, 1-bedroom apartments, 2-bedroom apartments. Depending on the unit, windows look out over Burj Khalifa.

The building was completed in 2014 and has been in use for about 12 years. 24 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,276 per sq ft.

Capital Bay Tower B is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by DAMAC
• Completed in Q2 2014
• Unit types: Studio, 1 Bed, 2 Beds
• Sizes from 420 to 1,650 sq ft
• Views: Burj Khalifa
• Features: Seafront
• Service charge from AED 17.17 per sq ft
• Business Bay metro station 2 km away

Status

Ready

Developer

DAMAC

Location

Business Bay, Dubai

Completed

Q2 2014

Unit types

Studio, 1 Bed, 2 Beds

Prices from

AED 675.0K

Median price per sq ft

AED 1,276

Median gross yield

7.8%

Service charge

AED 28.37 per sq ft (2026)

Nearest metro

District 1 near High Speed Rail line, 1 km

Capital Bay Tower B lists one facility for its residents.

• Seafront

Price ranges from the most recent registered sales, by unit type:

• Studios: AED 144.0K to AED 905.0K (429 to 621 sq ft), across 15 sales
• 1-bedroom apartments: AED 1.1M to AED 1.3M (1,029 to 1,032 sq ft), across 3 sales
• 2-bedroom apartments: AED 360.0K to AED 1.5M (1,230 sq ft), across 2 sales

Studio homes in Capital Bay Tower B were let for AED 50.0K to AED 66.0K a year across 3 recent contracts, with a median of AED 57.5K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 50.0K to AED 66.0K a year (540 to 564 sq ft), across 3 contracts
• 1-bedroom apartments: AED 90.0K a year (811 sq ft)
• 2-bedroom apartments: AED 120.0K a year (1,649 sq ft)

Every sale in Capital Bay Tower BEvery rent contract in Capital Bay Tower B

The 2026 service charge in Capital Bay Tower B is AED 17.17 per sq ft for commercial units, AED 17.17 per sq ft for offices, AED 28.37 per sq ft for homes, AED 18.19 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 1,193 a year.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Capital Bay Tower B is Business Bay (red line, 2 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.8 km, about 8 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1 km, about 12 min walk) and Burj Khalifa Road (golden line, 1.4 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• District 1 near High Speed Rail lineGolden line · 1 km · about 12 min walk
• Burj Khalifa RoadGolden line · 1.4 km · about 5 min drive
• Business Bay InterchangeGolden line · 2 km · about 6 min drive
• Business BayRed line · 2 km · about 6 min drive
• District 1Golden line · 2.6 km · about 7 min drive
• Burj Khalifa/Dubai MallRed line · 2.8 km · about 8 min drive

The closest is Spinneys / south bridge downtowne Dubai, 1.3 km from Capital Bay Tower B (about 5 min drive).

• Spinneys / south bridge downtowne DubaiSupermarket · 1.3 km · about 5 min drive
• Spinneys/ Ontario TowerSupermarket · 1.4 km · about 5 min drive
• Spinneys / The Executive TowersSupermarket · 1.5 km · about 5 min drive
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.6 km · about 5 min drive
• Bay AvenueShopping Mall · 1.8 km · about 6 min drive

The closest is Maward Restaurant, 0.5 km from Capital Bay Tower B (about 6 min walk).

• Maward RestaurantRestaurant · 0.5 km · about 6 min walk
• Oberoi HotelHotel · 1.4 km · about 5 min drive
• Vida Hotels and ResortsHotel · 1.5 km · about 5 min drive
• Al Manzil HotelHotel · 1.7 km · about 5 min drive
• JW Marriott Marquis Business BayHotel · 1.8 km · about 6 min drive

The closest is Medcare Hospital, 3.1 km from Capital Bay Tower B (about 8 min drive).

• Medcare HospitalHospital · 3.1 km · about 8 min drive
• Al Amal HospitalHospital · 3.3 km · about 9 min drive
• Emirates HospitalHospital · 4.2 km · about 10 min drive
• Dr. Moopen'S Al Quoz Medical CentreHospital · 4.5 km · about 11 min drive
• Internationl Medical CenterHospital · 4.5 km · about 11 min drive

The closest is Al Quoz Pond Park, 1.4 km from Capital Bay Tower B (about 5 min drive).

• Al Quoz Pond ParkPark · 1.4 km · about 5 min drive
• Dubai Bowling CentreSports Academy · 1.7 km · about 5 min drive
• Safa ParkPark · 2.8 km · about 8 min drive
• Falcon Heritage and Sports CentreSports Academy · 3.3 km · about 9 min drive
• Falcon Centre and Cultural SportsSports Academy · 3.3 km · about 9 min drive

The nearest is Dubai International Private School - Br, 1.3 km away. Ratings are the KHDA's latest inspection grades.

• Dubai International Private School - BrAmerican · KHDA: Good · 1.3 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.3 km
• Global Indian International School L.L.CIndian · KHDA: Good · 1.4 km
• Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.6 km
• Clarion School L.L.CAmerican · KHDA: Good · 1.9 km
• Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.1 km

Business Bay has 257 buildings. A few others to compare Capital Bay Tower B with:

• Ready

  014 Tower

  Business Bay · H&H

  Completed 2012

• Ready

  15 Northside Tower 1

  Business Bay · Select Group

  Completed 2023

• Ready

  15 Northside Tower 2

  Business Bay · Select Group

  Completed 2023

• Ready

  51 @ Business Bay

  Business Bay · Deyaar

  Completed 2012

• Off-plan

  77S

  Business Bay · 77 Shades of Green

  Handover 31 Dec 2028 · 14% built

• Ready

  AG Tower

  Business Bay · Arabian Gulf

  Completed 2021