2-bed · 1,947 sqftCapital Bay Towers 1, Business Bay · 2nd floor · completed 2014

205, Capital Bay Towers 1

Sold prices and rental history: sold once, by the developer in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 18 March 2020
Last soldAED 2.32M18 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Capital Bay Towers 1

What is 205 worth today?

Last sold for AED 2,321,000 in 2020

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18 Mar 2020Sold by developerReady
AED 2,321,000AED 1,192 per sqft

Source: Dubai Land Department. Updated 18 March 2020.

Key facts

Type
2-bed apartment
Size
1,947 sqft
Floor
2nd of 18
Parking
B2-06
Developer
DAMAC
Completed
2014
Last sold
AED 2.32M · March 2020

About 205, Capital Bay Towers 1

205 is a two-bedroom apartment of 1,947 sqft on the 2nd floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 18 March 2020 for AED 2,321,000, or AED 1,192 per sqft, 27% above the AED 936 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in Capital Bay Towers 1
1M2M2012201620202024Typical sale price by year: 2012 AED 2,647,356; 2013 AED 2,044,000; 2014 AED 2,319,771; 2015 AED 2,222,400; 2016 AED 1,550,000; 2017 AED 1,600,000; 2020 AED 1,075,000; 2023 AED 1,285,000; 2024 AED 1,500,000; 2025 AED 1,495,000Sold by developer, March 2020: AED 2,321,000 (AED 1,192 per sqft)

205 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 205, each contractTypical two-bed in Capital Bay Towers 1
100K150K20152018202120242027Typical rent by year: 2015 AED 140,000; 2016 AED 135,000; 2017 AED 125,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 87,000; 2023 AED 95,000; 2024 AED 114,387; 2025 AED 126,500; 2026 AED 115,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Capital Bay Towers 1, and where 205 sits

All 44 2-beds →

205 last sold in March 2020 at AED 1,192 per sqft, 27% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 936). Over the last 12 months two-beds sold for AED 1,550,000 to 2,085,760, around AED 1,070 per sqft, and rent for AED 95,000 to 188,950 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jul 20262,075,200
16 Apr 20261,550,000
15 Dec 20252,085,760
2 Oct 20251,490,000
3 2-bed sales in the last 12 months

Capital Bay Towers 1

Building

176 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by DAMAC. 12 sold in the last 12 months.

Typical price per sqft
AED 1,347 Up 13.0%
Typical sale
AED 857K
Typical rent
AED 62K /yr
Typical yield
7.2%
Capital Bay Towers 1, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 176 units in Capital Bay Towers 1
Value
201StudioAED 600K · May 2024
2022-bedAED 2.04M · Mar 2015
203StudioAED 500K · Dec 2022
204StudioAED 1.08M · Jun 2014
206StudioAED 445K · Oct 2021
2071-bedAED 1.6M · Dec 2013
208StudioAED 316K · Oct 2020
1–7 of 9

205, Capital Bay Towers 1 in numbers

  • Sold once: by DAMAC on 18 March 2020 for AED 2,321,000, or AED 1,192 per sqft.
  • Two-beds in Capital Bay Towers 1 sold for AED 1,550,000–2,085,760 in the 12 months to November 2026; the building's median across all types is AED 1,347 per sqft.

Source: Dubai Land Department. Updated 18 March 2020.

Questions about 205, Capital Bay Towers 1

What did unit 205 last sell for?

AED 2,321,000 on 18 March 2020, sold by the developer: AED 1,192 per sqft for 1,947 sqft. It is the only registered sale of the unit.

How big is unit 205?

1,947 sqft (180.9 sqm): a two-bedroom apartment on the 2nd floor of a 18-storey tower completed in 2014.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Capital Bay Towers 1 sold for AED 1,550,000 to 2,085,760 in the last 12 months, around AED 1,070 per sqft.

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Mortgage on 205, Capital Bay Towers 1

Starts from the last sale price (AED 2.32M, 18 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,321,000
Deposit, UAE resident (20%)
AED 464,200
Deposit, non-resident (40%)
AED 928,400
Monthly over 25 years at 3.7%
AED 9,496

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →