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Luxurious Capital Bay Apartments by Damac Properties offer an ideal location in one of the most prestigious areas of the Emirate – the highly sought-after and vibrant Business Bay. Enjoy breathtaking sea views, exceptional amenities, and entertainment facilities, all provided free of charge to property owners.
Capital Bay comprises two towers with a variety of spacious apartments to suit all tastes. The prices are unbelievably competitive, especially considering the expected services. Flexible installment plans are available for an extended period, making ownership easy and convenient in a short timeframe.
Location of Capital Bay Apartments
Situated in the heart of Business Bay, specifically on the waterfront, Capital Bay boasts an exceptional strategic location. It is close to key city areas, essential services, and entertainment options, providing a peaceful and quiet living environment away from congestion and noise. Some notable nearby areas include Al Khail Road and Sheikh Mohammed bin Zayed Road, facilitating residents’ seamless mobility.
Amid Dubai, the commercial hub, residents can enjoy the convenience of living in the Business Bay area. Dubai Mall, one of the most renowned shopping centers in the UAE, is only a 10-minute drive from Capital Bay Apartments. Additionally, the project is steps away from famous fashion houses and exhibitions in Dubai.
Furthermore, Dubai International Airport, the primary global travel hub, is just a 20-minute drive from the residential complex. Dubai World Central Al Maktoum International Airport is also conveniently located 40 minutes away from Capital Bay Apartments.
The project’s waterfront section is surrounded by various restaurants, cafes, and globally acclaimed coffee shops that Dubai is famous for. Dubai Marina, featuring yachts and floating restaurants, is nearby, as well as renowned theaters for cultural and entertainment enthusiasts.
The geographical location of the project provides residents with multiple transportation options, including proximity to metro stations, bus stops, and maritime transport.
Design of Project
Designed by a global team of engineers, architects, and consultants, Capital Bay comprises two residential towers with 16 upper floors each, along with three lower floors serving as a garage for visitors and residents.
The modern design, highlighted by captivating floor-to-ceiling glass windows, reflects sophistication and luxury. Internally, the Capital Bay Apartments features finishes and decorations that exude elegance and opulence, meeting the expectations of discerning clients.
Space of Capital Bay Apartments
Capital Bay Apartments occupy a vast space in the Business Bay area, one of the city’s most prominent commercial centers, along Sheikh Zayed Road.
The residential units enjoy expansive views of the city’s landmarks, allowing residents to relish sunrise and sunset scenes from their unit’s glass windows that extend from floor to ceiling.
The area within Capital Bay Apartments is characterized by numerous entertainment facilities, green spaces, lakes, and water features, occupying more than half of the total allocated project space. This significantly enhances the investment value of the project and encourages investors from various Arab countries to invest in Capital Bay Apartments by Damac Properties.
Types and Unit Sizes in the Project
Damac Properties has announced its residential project in Dubai’s Business Bay – two medium-rise residential towers, Tower A and Tower B, within the Capital Bay Apartments project. Tower A consists of two lower floors, a ground floor connected to three podium levels, and 16 upper floors.
The same applies to Tower B. These towers are among the best-integrated residential complexes in Business Bay, with diverse unit types as a standout feature in meeting the needs of various clients.
The towers feature studios, one-bedroom, two-bedroom, and three-bedroom apartments, all equipped with fully furnished kitchens. The unit sizes vary to accommodate the individual preferences of the target audience. Here are some available unit sizes within Capital Bay Apartments:
- Studio apartments start from 541 square feet.
- Two-bedroom apartments start from 1946 square feet.
Services of Capital Bay Apartments
Damac Properties introduces two towers within Capital Bay, offering a multitude of integrated and luxurious residential units.
These residences provide residents with a unique experience for an ideal life in Dubai’s global social environments. The development company ensures essential and recreational services, including:
- 24/7 Tight Security: Vigilant security and surveillance services around the clock.
- Advanced Surveillance: Modern cameras using state-of-the-art technology monitor all areas surrounding the residential project.
- Spacious Garages: Wide parking spaces at the building’s end to protect residents’ cars, monitored by cameras and security personnel to prevent theft.
- Panoramic Elevators: Modern elevators with panoramic views for easy movement between floors.
- Backup Power Generators: Backup power generators in case of electricity outages.
- Sports Facilities: Football, tennis, and volleyball courts, as well as expansive golf courses on vast green spaces.
- Fitness Clubs: Sports and fitness centers for health-conscious individuals.
- Spa and Relaxation Facilities: Spas, Jacuzzis, and skilled masseurs for relaxation and enjoyment.
- Global Restaurants and Cafes: International dining options serving delicious meals and recipes.
- Children’s Play Areas: Specifically designed entertainment zones for enjoyable times for children.
- Swimming Pools: Suitable pools for both children and adults.
- Flower Gardens and Parks: Blooming gardens and parks for the serene enjoyment of nature.
- Paved Walkways and Tracks: Paths and tracks for biking or jogging enthusiasts.
- Barbecue Areas and Celebrations: Designated areas for barbecues and celebrations.
- Retail Stores: Shops offering local and imported household items.
- Social Clubs: Clubs fostering communication among residents.
- Health Services: Medical centers and clinics provide services throughout the week.
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Prices of Units in Capital Bay Apartments
Damac Properties’ announcement of Capital Bay Apartments sparked interest in the prices of these available units. The company has priced all its projects reasonably, making them accessible to a wide range of clients.
The prices for Capital Bay Apartments in Business Bay start at AED 850,000 for studios and AED 2,321,000 for two-bedroom apartments. Prices vary based on unit size, and customers are encouraged to inquire about the flexible payment and installment plans offered by Damac Properties.
Payment and Installment Systems
In addition to the extensive services, Damac Properties provides an extremely flexible payment plan for Capital Bay Apartments, making investment and purchasing achievable for everyone.
The client begins with a minimal down payment and pays the remaining unit price over an extended period. The payment and settlement process for customers and investors includes:
- A 20% down payment with the completion of the sale, along with a 4% real estate registration fee.
- After 90 days, the client pays the first installment, which is 10% of the remaining total unit price.
- After 180 days, the client pays the second installment, another 10% of the remaining total unit price.
- After 270 days, the client pays the third installment, again 10% of the remaining total unit price.
- After 360 days, the client pays the fourth installment, yet another 10% of the remaining total unit price.
- After 540 days, the client pays the fifth installment, 20% of the remaining total unit price.
- After 720 days, upon completion of construction, the client pays the sixth installment, 20% of the remaining total unit price.
Features of Capital Bay Apartments
Damac Properties presents one of its luxurious real estate projects in the heart of Dubai’s Business Bay, Capital Bay Apartments. Upon examining the architectural plan, numerous features stand out:
- Developed by Damac Properties: A leading real estate development company in the Middle East known for applying global construction standards and specifications.
- Captivating Exterior Design: A luxurious residential project with an eye-catching exterior design suitable for Arab families.
- Precision Interior Design: High-precision interior designs and elegant finishes.
- Diverse Unit Sizes: A significant variation in unit sizes to help clients find the one that suits them, providing multiple successful investment opportunities in Dubai.
- Strategic Geographic Location: A strategic location close to major transportation routes, with short distances separating the residential complex from Dubai International Airport.
- Surrounded by Entertainment Destinations: The Capital Bay Apartments is surrounded by various famous entertainment destinations in Dubai, including malls, parks, public beaches, and more.
- Smart Home Technology: Utilizing modern technologies for smart residential units, allowing easy control of lighting and home operations.
- Quiet and Comfortable Environment: A peaceful environment away from all sources of noise and disturbance in bustling cities.
- Ideal and Affordable Prices: Perfectly priced units accessible to many local investors interested in Dubai’s real estate market.
- Flexible Payment and Installment: Flexibility and ease in payment and installment with a 20% down payment.
