
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.
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
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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
Other projects in this area, ordered by proximity to the starting price. Availability must be confirmed.