
Capital Bay is an impressive residential development by Damac Properties that towers over the Dubai Canal in the prestigious Business Bay neighborhood. The complex consists of two towers of 22 floors, united by a common podium. The building is constructed with the use of the most advanced technologies. The studios and one, two and three-bedroom apartments feature luxurious interiors and high-quality finishes, as well as spacious living areas with huge windows offering spectacular views of the Burj Khalifa and Dubai Canal. Capital Bay's proximity to the business center and Downtown Dubai makes it an ideal choice for both business travelers and those who value practicality and comfort. Capital Bay offers its residents a wide range of amenities including a temperature-controlled swimming pool, gym with steam rooms and sauna, children's playground, green park, covered parking, sports court and barbecue facilities. Capital Bay is conveniently located close to Dubai's key highways - Al-Khail Road and Sheikh Mohammed bin Zayed. Within a few minutes' drive of the complex is the Dubai Design District, a hub of creativity and fashion. A ten-minute drive from the towers is the largest shopping center - Dubai Mall. Dubai International Airport can be reached in 20 minutes and the world's largest airport, Al Maktoum International Airport, in 40 minutes.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Capital Bay launch basis | 4,688 | AED 4.22M | Current launch / asking basis |
| Business Bay ready-stock comps | 1,900 | AED 1.71M | Indicative resale benchmark |
| Business Bay premium peer launches | 2,350 | AED 2.12M | New-launch peer set |
| Trophy alternative proxy | 2,950 | AED 2.65M | Higher-end anchor for negotiation context |









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Business Bay
Capital Bay by Damac Properties
Located in Business Bay
Starting from AED 4,219,000
Unit mix includes 2 BR, Apartments
Expected handover: Jun 2014
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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