2-bed · 1,250 sqftCapital Bay Towers 1, Business Bay · 9th floor · completed 2014

902, Capital Bay Towers 1

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 2.12M18 March 2015
Current rentAED 110K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Capital Bay Towers 1

What is 902 worth today?

Last sold for AED 2,123,900 in 2015

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15 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 88 per sqft
15 Jan 2025RentedNew contract
AED 110,000/yr12 months · AED 88 per sqft
25 Aug 2022RentedNew contract
AED 72,000/yr12 months · AED 58 per sqft
25 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
25 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 48 per sqft
10 Dec 2018RentedNew contract
AED 88,000/yr12 months · AED 70 per sqft
18 Mar 2015SoldReady
AED 2,123,900AED 1,699 per sqft
23 Dec 2012Sold by developerOff-plan
AED 2,123,900AED 1,699 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
2-bed apartment
Size
1,250 sqft
Floor
9th of 18
Parking
B2-88
Developer
DAMAC
Completed
2014
Last sold
AED 2.12M · March 2015

About 902, Capital Bay Towers 1

902 is a two-bedroom apartment of 1,250 sqft on the 9th floor of Capital Bay Towers 1, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 18 March 2015 for AED 2,123,900, or AED 1,699 per sqft, 4% above the AED 1,636 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 January 2025, is AED 110,000 a year: a gross yield of 5.2% on the 2015 price.

Sales and rents for 902 over time

Sales
Unit 902, 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, December 2012: AED 2,123,900 (AED 1,699 per sqft)Sold, March 2015: AED 2,123,900 (AED 1,699 per sqft)

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

Rents
Unit 902, each contractTypical two-bed in Capital Bay Towers 1
50K100K150K20152018202120242027Typical 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 115,000New contract, December 2018: AED 88,000 a yearNew contract, August 2020: AED 60,000 a yearNew contract, August 2021: AED 60,000 a yearNew contract, August 2022: AED 72,000 a yearNew contract, January 2025: AED 110,000 a yearNew contract, January 2025: AED 110,000 a year

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 902 sits

All 44 2-beds →

902 last sold in March 2015 at AED 1,699 per sqft, 4% above what two-beds in Capital Bay Towers 1 were fetching at the time (AED 1,636). 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. 902's AED 110,000 is in the lower half of that range.

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 64K /yr
Typical yield
7.2%
Capital Bay Towers 1, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 176 units in Capital Bay Towers 1
Value
901StudioAED 655K · Feb 2018
903StudioAED 865K · Sep 2025
904StudioAED 1.19M · Feb 2015
9052-bedAED 2.09M · Dec 2025
906StudioAED 500K · Nov 2024
9071-bedAED 847K · May 2023
908StudioAED 500K · Jul 2019
1–7 of 9

902, Capital Bay Towers 1 in numbers

  • Sold twice: first on 23 December 2012 for AED 2,123,900, last on 18 March 2015 for AED 2,123,900 (AED 1,699 per sqft).
  • Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 88,000 to AED 60,000 in 2021 and recovered to AED 110,000 by January 2025.
  • At AED 110,000 a year the gross yield on the 2015 price is 5.2%.
  • 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 15 January 2025.

Questions about 902, Capital Bay Towers 1

What did unit 902 last sell for?

AED 2,123,900 on 18 March 2015: AED 1,699 per sqft for 1,250 sqft. The unit has 2 registered sales; the first was AED 2,123,900 in December 2012.

What is the rent for unit 902?

AED 110,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 110,000; the unit has been rented since December 2018.

How big is unit 902?

1,250 sqft (116.1 sqm): a two-bedroom apartment on the 9th floor of a 18-storey tower completed in 2014.

What is unit 902 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 902, Capital Bay Towers 1

Starts from the last sale price (AED 2.12M, 18 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,123,900
Deposit, UAE resident (20%)
AED 424,780
Deposit, non-resident (40%)
AED 849,560
Monthly over 25 years at 3.7%
AED 8,690

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