1004, Capital Bay Towers 2
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.
Property timeline for 1004, Capital Bay Towers 2
What is 1004 worth today?
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Source: Dubai Land Department. Updated 25 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 540 sqft
- Floor
- 10th of 18
- Parking
- B1-116
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 968K · March 2015
- Building
- Capital Bay Towers 2
About 1004, Capital Bay Towers 2
1004 is a studio of 540 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 12 March 2015 for AED 967,750, or AED 1,791 per sqft, in line with the AED 1,794 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 25 July 2026, is AED 45,000 a year: a gross yield of 4.7% on the 2015 price.
Sales and rents for 1004 over time
1004 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 1004 sits
All 91 studios →1004 last sold in March 2015 at AED 1,791 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,794). Over the last 12 months studios sold for AED 523,462 to 905,000, around AED 1,393 per sqft, and rent for AED 36,000 to 80,000 a year. 1004's AED 45,000 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 1,299 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 | |
| 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 | |
| 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 |
1004, Capital Bay Towers 2 in numbers
- Sold twice: first on 5 May 2014 for AED 967,750, last on 12 March 2015 for AED 967,750 (AED 1,791 per sqft).
- Rented since January 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2020 and recovered to AED 45,000 by July 2026.
- At AED 45,000 a year the gross yield on the 2015 price is 4.7%.
- Studios in Capital Bay Towers 2 sold for AED 523,462–905,000 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 July 2026.
Questions about 1004, Capital Bay Towers 2
What did unit 1004 last sell for?
AED 967,750 on 12 March 2015: AED 1,791 per sqft for 540 sqft. The unit has 2 registered sales; the first was AED 967,750 in May 2014.
What is the rent for unit 1004?
AED 45,000 a year on the contract signed on 25 July 2026. The previous contract, from December 2024, was AED 48,400; the unit has been rented since January 2018.
How big is unit 1004?
540 sqft (50.2 sqm): a studio on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1004 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 523,462 to 905,000 in the last 12 months, around AED 1,393 per sqft.
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Mortgage on 1004, Capital Bay Towers 2
Starts from the last sale price (AED 968K, 12 March 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 967,750
- Deposit, UAE resident (20%)
- AED 193,550
- Deposit, non-resident (40%)
- AED 387,100
- Monthly over 25 years at 3.7%
- AED 3,959
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →