1002, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in August 2015, 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 1002, Capital Bay Towers 2
What is 1002 worth today?
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Source: Dubai Land Department. Updated 25 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 10th of 18
- Parking
- P1-28
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.1M · August 2015
- Building
- Capital Bay Towers 2
About 1002, Capital Bay Towers 2
1002 is a two-bedroom apartment of 1,230 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 19 August 2015 for AED 2,100,000, or AED 1,707 per sqft, in line with the AED 1,736 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 120,000 a year: a gross yield of 5.7% on the 2015 price.
Sales and rents for 1002 over time
1002 has sold twice; the dashed line is the two-bed median of each year in the building.
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 2, and where 1002 sits
All 42 2-beds →1002 last sold in August 2015 at AED 1,707 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,736). Over the last 12 months two-beds sold for AED 1,500,000 to 2,000,000, around AED 1,216 per sqft, and rent for AED 80,000 to 175,000 a year. 1002's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,230 sqft | 1,500,000 | 1,219 | ||
| 10 Feb 202610 February 2026 | 1,230 sqft | 360,000 | 292 | ||
| 11 Dec 202511 December 2025 | 1,649 sqft | 2,000,000 | 1,213 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 |
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 1,299 Up 8.5%
- Typical sale
- AED 750K
- Typical rent
- AED 61K /yr
- Typical yield
- 7.8%
Other units on the 10th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 417 sqft | AED 650KAED 650,000 · Feb 2024February 2024 | 50,000 /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 |
1002, Capital Bay Towers 2 in numbers
- Sold twice: first on 22 May 2013 for AED 2,113,100, last on 19 August 2015 for AED 2,100,000 (AED 1,707 per sqft).
- Rented since December 2015 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2021 and recovered to AED 120,000 by August 2026.
- At AED 120,000 a year the gross yield on the 2015 price is 5.7%.
- Two-beds in Capital Bay Towers 2 sold for AED 1,500,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,299 per sqft.
Source: Dubai Land Department. Updated 25 August 2026.
Questions about 1002, Capital Bay Towers 2
What did unit 1002 last sell for?
AED 2,100,000 on 19 August 2015: AED 1,707 per sqft for 1,230 sqft. The unit has 2 registered sales; the first was AED 2,113,100 in May 2013.
What is the rent for unit 1002?
AED 120,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since December 2015.
How big is unit 1002?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1002 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 2 sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 1,216 per sqft.
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Mortgage on 1002, Capital Bay Towers 2
Starts from the last sale price (AED 2.1M, 19 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,100,000
- Deposit, UAE resident (20%)
- AED 420,000
- Deposit, non-resident (40%)
- AED 840,000
- Monthly over 25 years at 3.7%
- AED 8,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →