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Capital Bay
by DAMAC

Serviced studios, 1, 2 and 3 bedroom apartments

AED 670 K Starting price
Ready Handover
Capital Bayby DAMAC

Buy Serviced Apartments in Capital Bay by DAMAC, Business Bay

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Amirans Kavtaradze

List by

Amirans Kavtaradze

Starting Price AED 670,000
Location Business Bay
Developer DAMAC Properties
Handover Ready
Living Area 420 sq. ft. - 1,200 sq. ft.
Bedrooms Studios - 3 BR
Apartments

Capital Bay is a completed twin-tower residence in Business Bay offering fully serviced studios, 1, 2 and 3 bedroom apartments, supported by a pool, gym, children's play area and round-the-clock security.

Two mid-rise towers share a podium on Al Abraj Street, giving Capital Bay a compact urban footprint. Tower A and Tower B contain fully serviced homes, from studios to three bedroom apartments for professionals, couples and families. Tower B residences range from 420 to 1,200 sq ft and average around 810 sq ft. Across the project, two bedroom layouts span 1,200 to 1,900 sq ft, leaving clear separation between living and sleeping areas. The apartments are finished to a move-in standard, so owners and tenants can avoid a separate fit-out. Building-level services also ease day-to-day upkeep. Upper floors look towards the Dubai Water Canal and the surrounding skyline. Residents have a shared swimming pool, gym and health club, children's play area, barbecue area and CCTV security. Buyers comparing apartments for sale in Business Bay will also find the canal promenade nearby, while the district's dining, retail and leisure support the appeal of property for sale in Business Bay.

Capital Bay
About Capital Bay by DAMAC

Overview Capital Bay by DAMAC

A delivered canal-side address, Capital Bay blends serviced living with a central location. For buyers eyeing Business Bay flats for sale, it pairs ready occupancy with a rental market anchored by working professionals.

8%

Average ROI

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Community

Business Bay is one of Dubai's densest live-work districts, with residential and office towers lining the Dubai Water Canal. It attracts professionals and investors who value a central address near Downtown and DIFC. Glass high-rises, cafes and offices give the area an urban rhythm, while landscaped canal walkways offer space to run, cycle or unwind after work. Buyers considering real estate in Business Bay can expect city living shaped by the waterfront.

Dining, retail and leisure are spread across Business Bay, including the nearby Bay Square cluster. The district has no public schools, so families often consider Al Wasl, Al Safa, Jumeirah, Al Quoz or Mohammed Bin Rashid City. Healthcare is also available in and around the district. For buyers looking to buy property in Business Bay, road and public transport links are a major advantage: DIFC is 9 minutes away by car, and Dubai International Airport is 13 minutes away.

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Interior

Inside Capital Bay, the residences are fully serviced and finished to a move-in standard. Their contemporary presentation suits the urban setting and keeps the focus on practical daily living. Upper-floor homes add views towards the Dubai Water Canal and the surrounding skyline. For anyone considering a studio for sale in Business Bay, the ready condition removes the need for a separate fit-out before moving in or letting the property.

The apartments feature high-quality finishes across the kitchens, bathrooms and living areas, supported by a comprehensive package of building services. The verified project details do not identify particular material brands or provide a room-by-room finish schedule. Instead, the practical advantage is clear: a 2 bedroom apartment Business Bay buyers consider here is delivered ready for personal furniture, while building-level service reduces the upkeep required from owners and tenants.

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Infrastructure

Dining and everyday retail are within easy reach of Capital Bay. The canal promenade and nearby Bay Square offer cafes, restaurants and convenience outlets in a walkable setting. Residents can step out for coffee or an evening meal by the water instead of driving elsewhere. Business Bay's mixed-use towers add more ground-floor food and retail options. For anyone considering a 1 bedroom apartment for sale in Business Bay, this concentration of amenities supports a convenient daily routine.

Dubai Mall is 7 minutes away by car, while Burj Khalifa is also a 7-minute drive. Nearby healthcare includes Emirates Hospital Clinic at 5 minutes, Aster Clinic at 7 minutes and Mediclinic Dubai Mall at 8 minutes. Business Bay Metro Station and Burj Khalifa/Dubai Mall Metro Station are each 6 minutes away by car. Dubai International Airport takes 13 minutes, supporting straightforward business and leisure travel.

Overview

Ready to explore Capital Bay's investment potential?

Amenities of Capital Bay
by DAMAC

Residents who buy an apartment in Business Bay here gain access to a practical set of serviced-building facilities covering wellness, leisure and security.

Shared swimming pool

Shared swimming pool

Children's play area

Children's play area

Shared podium setting

Shared podium setting

Fully equipped gym
Resident health club
Outdoor barbecue area
24-hour CCTV security
Fully serviced residences
Comprehensive building services

About Our Approach to Work — Alcenza

At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.

Step 1.

Initial
Consultation

Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.

Step 2.

Finding the Best Property

Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.

Step 3.

Communication With a Seller

We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.

Step 4.

Legal Documentation and Management

Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.

15+
With extensive expertise in the UAE and European real estate markets, we are ready to offer you the most profitable solutions. We guarantee transparency and security at every stage of your transaction.
30%+ Profit From Resale
Our clients have achieved profits of up to 30% within just two years by reselling properties with our guidance.
200+ Exclusive Listings
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Capital Bay
About Us

Economic Attractiveness

Capital Bay combines a completed Business Bay address with the established track record of DAMAC Properties, supporting an active resale market.

Get Full Investment Details

885 K -5%

Median price (AED)

1,270 9%

Median price per sqft (AED)

52 21%

Transactions

Source: Data taken from DXB for the last year, overview Capital Bay by DAMAC Properties

Several factors underpin Capital Bay's investment appeal. The serviced format keeps maintenance handled at building level, a genuine draw for the professionals who form the core tenant base here. Canal and skyline views from upper floors add rental pull, while the central location — minutes from Downtown, DIFC and the Sheikh Zayed Road corridor — keeps demand steady among tenants who prioritise a short commute. As the towers are already delivered, buyers pick up a ready asset that can be let immediately rather than waiting on construction. Capital Bay recorded 46 apartment sales over the last 12 months at an average transaction price of AED 1,102,280, with average asking prices across the towers up 6% over six months. Purchase is a standard resale, settled by cash or mortgage, with no launch payment plan on this completed building.

Current asking prices start at AED 670,000 for a studio and AED 1,180,000 for a one bedroom apartment. Two bedroom homes start at AED 1,630,000, while three bedroom apartments start at AED 3,500,000. Business Bay is a designated freehold zone, allowing foreign buyers to hold full title.

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For Rent

Capital Bay benefits from Business Bay's established rental demand. Annual asking rents across the towers reach around AED 170,000 for larger homes, while one current 1,250 sq ft two bedroom listing was offered at approximately AED 120,000 per year. Project gross yields reach up to 8%, above the 5.5%–7% range reported across Business Bay. Proximity to Downtown, DIFC and major roads supports demand from working professionals.

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For Living

Living at Capital Bay brings a distinctly urban routine. The serviced apartments are move-in ready, with high-quality finishes and building-level upkeep. Layouts range from studios to three bedroom homes, while two bedroom apartments reach 1,900 sq ft. Upper floors add canal and skyline views, and the promenade offers space for an evening walk. Dining, retail, Downtown and DIFC are all readily accessible from Business Bay.

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For Resale

Capital Bay's completed status gives resale buyers an asset with an established transaction history rather than construction risk. The freehold Business Bay address broadens the potential buyer pool, while serviced residences remain a distinct offering within the twin towers. Recent growth in average asking prices also supports the resale case. Owners can market a ready home with canal access, central road links and DAMAC branding.

UAE Golden Visa

Residence Visa

When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.

Visa for Your Family

Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.

passport

Developer Capital Bay

DAMAC Properties is one of Dubai's best-known private developers, with a broad residential, commercial and mixed-use portfolio across the emirate.

Established in 2002 and registered with Dubai Land Department as Developer No. 260, DAMAC has built its reputation on design-led, lifestyle-oriented developments. The company reports more than 50,000 homes delivered, with over 54,000 further units planned across 15 global cities, and a portfolio of more than 75 towers with over 20 in planning or development. For buyers of a completed project like Capital Bay, that track record and international pipeline mean an established, long-operating name stands behind the building.

Location Capital Bay by DAMAC

Capital Bay stands on Al Abraj Street in Business Bay. The Dubai Water Canal is 8 minutes away by car, placing a major waterfront attraction close to the development.

The surrounding street network connects Capital Bay with Sheikh Zayed Road and Al Khail Road. Dubai Mall and Burj Khalifa are each 7 minutes away by car, giving residents straightforward access to two of Downtown Dubai's leading leisure destinations.

Dubai Metro, buses and taxis serve Business Bay. Business Bay Metro Station and Burj Khalifa/Dubai Mall Metro Station are each 6 minutes away by car. DIFC is a 9 min drive, while Dubai International Airport is 13 minutes away, providing practical links for daily commutes and international travel.

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Map → Location Capital Bay by DAMAC Icon Map PIN

Sights & Attractions

Dubai Water Canal

icon 8 min

Dubai Mall

6 min

Burj Khalifa

7 min

Healthcare facilities

Aster Clinic

icon 7 min

Emirates Hospital Clinic

5 min

Mediclinic Dubai Mall

8 min

Educational institutions

JSS Private School

icon 8 min

Horizon English School

8 min

GEMS Wellington Primary School

10 min

Transportation

Business Bay Metro St.

icon 6 min

Dubai Mall Metro Station

6 min

Dubai International Airport

12 min

FAQ

Below are the questions buyers, tenants and investors ask most often about Capital Bay. If something you need isn't covered here, our team is happy to help with tailored figures and availability.

Ask a Question

Where exactly is the Capital Bay project located?

Capital Bay is on Al Abraj Street in Business Bay, near the Dubai Water Canal. By car, the canal is 8 minutes away, Dubai Mall and Burj Khalifa are each 7 minutes away, and DIFC takes 9 minutes. Business Bay Metro Station is a 6-minute drive, while Dubai International Airport is 13 minutes from the development.

Who is the developer behind Capital Bay?

DAMAC Properties developed the twin-tower project. The Dubai-based company was established in 2002 and is registered with Dubai Land Department as Developer No. 260. Its track record includes more than 50,000 delivered homes and over 75 towers, with additional developments planned across international markets. Capital Bay therefore forms part of a substantial residential and mixed-use portfolio.

What types of apartments are available at Capital Bay?

Capital Bay contains fully serviced studios and one, two and three bedroom apartments. Tower B homes range from 420 to 1,200 sq ft and average around 810 sq ft. Across the project, two bedroom layouts span 1,200 to 1,900 sq ft, with an average of about 1,400 sq ft. This mix serves individual residents, couples and families.

How much does an apartment at Capital Bay cost?

Current asking prices start at AED 670,000 for a studio and AED 1,180,000 for a one bedroom apartment. Two bedroom homes start at AED 1,630,000, while three bedroom apartments begin at AED 3,500,000. These are current asking floors rather than launch prices. Foreign buyers may hold full title because Business Bay is a designated freehold zone.

Is Capital Bay ready or off-plan?

Capital Bay is completed and ready for resale and occupancy. Completion is recorded as circa 2014–2015, so buyers are purchasing an existing home rather than an off-plan unit. Transactions follow the standard resale route using cash or a mortgage. No current project-specific post-handover instalment plan has been verified for the development.

What amenities does Capital Bay offer?

Residents have access to a shared swimming pool, an equipped gym and health club, a children's play area and an outdoor barbecue area. CCTV security supports the communal areas around the clock. The apartments are also fully serviced, with comprehensive building services that reduce the day-to-day maintenance burden for both residents and landlords.

What rental yield can investors expect at Capital Bay?

Reported gross yields at Capital Bay reach up to 8%. The completed building also gives investors the option to acquire a ready unit and begin letting it without waiting for construction. Demand is supported by Business Bay's appeal to working professionals, particularly those who value access to DIFC, Downtown Dubai and the city's main road network.

What is living in Business Bay like?

Business Bay offers a central, urban lifestyle around the Dubai Water Canal. Residents have access to promenades, dining and retail, with Downtown and DIFC nearby. The district has no public schools, so families commonly consider schools in Al Wasl, Al Safa, Jumeirah, Al Quoz or Mohammed Bin Rashid City. Metro, bus and taxi services connect the area with wider Dubai.
FAQ

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Capital Bay
Amirans Kavtaradze

List by

Amirans Kavtaradze

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Capital Bay

Starting Price AED 670 K

Handover Ready