1001, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Capital Bay Towers 2
What is 1001 worth today?
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Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 10th of 18
- Parking
- P1-27
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 650K · February 2024
- Building
- Capital Bay Towers 2
About 1001, Capital Bay Towers 2
1001 is a studio of 417 sqft on the 10th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 14 February 2024 for AED 650,000, or AED 1,559 per sqft, 31% above the AED 1,187 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 10 September 2026, is AED 50,000 a year: a gross yield of 7.7% on the 2024 price.
Sales and rents for 1001 over time
1001 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Capital Bay Towers 2, and where 1001 sits
All 91 studios →1001 last sold in February 2024 at AED 1,559 per sqft, 31% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,187). Over the last 12 months studios sold for AED 144,000 to 905,000, around AED 1,350 per sqft, and rent for AED 36,000 to 80,000 a year. 1001's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 429 sqft | 545,951 | 1,272 | ||
| 29 Jul 202629 July 2026 | 564 sqft | 705,000 | 1,250 | ||
| 19 Jun 202619 June 2026 | 541 sqft | 750,000 | 1,385 | ||
| 13 May 202613 May 2026 | 376 sqft | 523,462 | 1,393 |
Capital Bay Towers 2
Building163 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by DAMAC. 23 sold in the last 12 months.
- Typical price per sqft
- AED 1,272 Up 6.9%
- Typical sale
- AED 740K
- Typical rent
- AED 62K /yr
- Typical yield
- 8.0%
Other units on the 10th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,230 sqft | AED 2.1MAED 2,100,000 · Aug 2015August 2015 | 120,000 /yr | |
| 1003 | Studio | 429 sqft | AED 816KAED 815,500 · Feb 2015February 2015 | 55,000 /yr | |
| 1004 | Studio | 540 sqft | AED 968KAED 967,750 · Mar 2015March 2015 | 45,000 /yr | |
| 1005 | Studio | 376 sqft | AED 523KAED 523,462 · May 2026May 2026 | 52,000 /yr | |
| 1006 | 2-bed | 1,649 sqft | AED 1.42MAED 1,420,000 · Feb 2024February 2024 | 103,097 /yr | |
| 1007 | 1-bed | 1,032 sqft | AED 1.49MAED 1,485,622 · Nov 2025November 2025 | 65,000 /yr | |
| 1008 | Studio | 538 sqft | AED 1.02MAED 1,024,800 · May 2013May 2013 | 55,000 /yr | |
| 1009 | 2-bed | 1,377 sqft | AED 1.23MAED 1,225,000 · Mar 2022March 2022 | 110,000 /yr | |
| 1010 | Studio | 504 sqft | AED 740KAED 740,000 · Jan 2026January 2026 | 52,000 /yr |
1001, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 15 January 2013 for AED 841,974, last on 14 February 2024 for AED 650,000 (AED 1,559 per sqft).
- Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 35,000 in 2020 and recovered to AED 50,000 by September 2026.
- At AED 50,000 a year the gross yield on the 2024 price is 7.7%.
- Studios in Capital Bay Towers 2 sold for AED 144,000–905,000 in the 12 months to November 2026; the building's median across all types is AED 1,272 per sqft.
Source: Dubai Land Department. Updated 10 September 2026.
Questions about 1001, Capital Bay Towers 2
What did unit 1001 last sell for?
AED 650,000 on 14 February 2024: AED 1,559 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 841,974 in January 2013.
What is the rent for unit 1001?
AED 50,000 a year on the contract signed on 10 September 2026. The previous contract, from August 2025, was AED 58,000; the unit has been rented since May 2015.
How big is unit 1001?
417 sqft (38.7 sqm): a studio on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Capital Bay Towers 2 sold for AED 144,000 to 905,000 in the last 12 months, around AED 1,350 per sqft.
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Mortgage on 1001, Capital Bay Towers 2
Starts from the last sale price (AED 650K, 14 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →