BuildingBusiness Bay · DAMAC · 2014

Capital Bay Towers 2

Studios to two-beds in Business Bay. 23 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 23 October 2026
Typical price per sqftAED 1,299Up 8.5% on the year
Typical saleAED 750K23 sales
Typical rentAED 61K /yrAED 102 per sqft
Typical yield7.8%gross, before service charges

About Capital Bay Towers 2

Capital Bay Towers 2 is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. DAMAC developed it and it was completed in 2014. The building has 18 storeys and 163 apartments, from studios to two-bedroom units of 376 to 1,649 sqft. It stands alongside Capital Bay Towers 1, Capital Bay Podium and Avanti Tower. Several everyday places are within walking distance. New Black cherry minimart and Bayside Park 4 are about 100 m away. Lanolin FZE (a mall) and Luxlife Prestige PolyClinic are about 200 m away, and two schools are about 500 m away. Business Bay metro station (Red Line) is about 2 km away, on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall is one stop north.

163 apartments over 18 floors: 91 studios of 376 to 627 sqft, 30 one-beds of 811 to 1,071 sqft and 42 two-beds of 1,230 to 1,649 sqft.

23 apartments sold in the 12 months to October 2026, at a median of AED 1,299 per sqft, up 8.5% on the year before. Most of the trading is in studios: 16 of the 23 sales, at AED 523,462 to 905,000, which is why the typical sale sits below the price of its larger homes. 111 rental contracts were registered over the same 12 months, at a typical AED 61,000 a year.

Developer
DAMAC
Completed
2014
Floors
18
Units
163
Unit types
Studio to 2-bed

Business Bay, Dubai

Average prices in Capital Bay Towers 2

In Capital Bay Towers 2, typical sale prices over the last 12 months were around AED 732,000 for studios, AED 1,140,000 for one-beds and AED 1,750,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Capital Bay Towers 2

1,2001,4001,600May 2026Nov 20262025-11-25: AED 1,087, 1-bed, 1,032 sqft2025-12-11: AED 1,213, 2-bed, 1,649 sqft2026-01-12: AED 1,406, Studio, 540 sqft2026-01-21: AED 352, Studio, 504 sqft (outlier)2026-01-26: AED 1,606, Studio, 563 sqft2026-01-27: AED 335, Studio, 429 sqft (outlier)2026-01-27: AED 333, Studio, 504 sqft (outlier)2026-01-28: AED 1,468, Studio, 504 sqft2026-01-29: AED 1,279, 1-bed, 1,032 sqft2026-01-30: AED 1,666, Studio, 429 sqft2026-01-30: AED 1,468, Studio, 504 sqft2026-02-04: AED 1,095, 1-bed, 1,032 sqft2026-02-10: AED 292, 2-bed, 1,230 sqft (outlier)2026-02-11: AED 337, Studio, 564 sqft (outlier)2026-02-11: AED 324, Studio, 621 sqft (outlier)2026-02-13: AED 1,219, 2-bed, 1,230 sqft2026-04-01: AED 1,299, Studio, 564 sqft2026-05-13: AED 1,393, Studio, 376 sqft2026-05-13: AED 1,350, Studio, 414 sqft2026-06-19: AED 1,385, Studio, 541 sqft2026-07-29: AED 1,250, Studio, 564 sqft2026-08-17: AED 1,272, Studio, 429 sqft2026-08-24: AED 1,117, 1-bed, 1,029 sqftTrend: AED 1,363 to AED 1,281

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Capital Bay Towers 2

  • Completed1-bed · 1,029 sqft 24 Aug 2026AED 1,150,0001,117 /sqft
  • CompletedStudio · 428 sqft 17 Aug 2026AED 545,9511,273 /sqft
  • CompletedStudio · 563 sqft 29 Jul 2026AED 705,0001,251 /sqft
  • CompletedStudio · 541 sqft 19 Jun 2026AED 750,0001,386 /sqft
  • CompletedStudio · 375 sqft 13 May 2026AED 523,4621,393 /sqft
  • CompletedStudio · 413 sqft 13 May 2026AED 558,6061,350 /sqft
  • CompletedStudio · 563 sqft 01 Apr 2026AED 732,4701,299 /sqft
  • Completed2-bed · 1,229 sqft 13 Feb 2026AED 1,500,0001,220 /sqft
  • CompletedStudio · 375 sqft 11 Feb 2026AED 190,320507 /sqft
  • CompletedStudio · 413 sqft 11 Feb 2026AED 201,600487 /sqft

Over the last 12 months, Capital Bay Towers 2 has recorded 23 apartment sales. Typical homes sold for around AED 750K (about AED 1,299 per sqft) with a median size of 563 sqft; most were studios, from roughly AED 523K to AED 2M.

1–10 of 392

Units in Capital Bay Towers 2

163 units
  • Unit 2012-bed · 1,231 sqftSold AED 2.12M, Jan 2015
  • Unit 202Studio · 428 sqftSold AED 762K, Jan 2015
  • Unit 203Studio · 544 sqftSold AED 400K, Apr 2021
  • Unit 301Studio · 417 sqftSold AED 760K, May 2013
  • Unit 3022-bed · 1,230 sqftSold AED 888K, Jan 2016
  • Unit 303Studio · 429 sqftSold AED 730K, Apr 2017
  • Unit 304Studio · 541 sqftSold AED 750K, Jun 2026
  • Unit 305Studio · 563 sqftSold AED 905K, Jan 2026
  • Unit 3062-bed · 1,639 sqftSold AED 2.77M, Mar 2014
  • Unit 3071-bed · 1,033 sqftSold AED 1.69M, Feb 2015
1–10 of 163
Every unit in Capital Bay Towers 2, by number

By type: studios (91), one-beds (30), two-beds (42).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
Capital Bay Towers 1AED 1,3477.2%
Capital Bay PodiumFew sales
Avanti TowerAED 1,4086.9%
Safeer Tower 1AED 1,3598.3%
Urban LifeAED 2,236
1–5 of 186 · nearest first

Capital Bay Towers 2 in numbers

  • Across 23 DLD sales in the 12 months to October 2026, the median price in Capital Bay Towers 2 was AED 1,299 per sqft and the typical home sold for about AED 750K.
  • Completed in 2014 by DAMAC; 18 floors of studios to two-beds.
  • Studios of 376 to 627 sqft sold for AED 523,462 to 905,000 between January 2026 and August 2026, a median AED 1,393 per sqft.
  • A studio of 376 to 627 sqft rents for AED 36,000 to 80,000 a year on the 72 contracts registered in the last 12 months.
  • Gross rental yield 7.8%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 23 October 2026.

Questions

How much does a studio in Capital Bay Towers 2 cost?

16 studios sold in the 12 months to October 2026, for AED 523,462 to 905,000; the median was AED 732,470, or AED 1,393 per sqft.

How much is a studio for rent in Capital Bay Towers 2?

About AED 55,000 a year: that is the median of the 72 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 36,000 to 80,000.

What is the rental yield in Capital Bay Towers 2?

About 7.8% gross across the building, from about 7.7% for one-beds to 7.1% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Capital Bay Towers 2 gone up?

The median price per sqft rose from about AED 1,197 to AED 1,299 over the 12 months to October 2026, up 8.5%, on 23 sales against 18 the year before.

Who built Capital Bay Towers 2 and when?

DAMAC; completed in 2014; 18 floors; 163 apartments.

How many apartments are there in Capital Bay Towers 2?

163, studios to two-beds. Each has its own page with its full sales and rental history.

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