Studio · 376 sqftCapital Bay Towers 2, Business Bay · 10th floor · completed 2014

1005, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in May 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 18 June 2026
Last soldAED 523K13 May 2026
Current rentAED 52K /yr18 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Capital Bay Towers 2

What is 1005 worth today?

Last sold for AED 523,462 in 2026

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18 Jun 2026RentedNew contract
AED 52,000/yr12 months · AED 92 per sqft
13 May 2026SoldReady
AED 523,462AED 1,393 per sqft
11 Feb 2026SoldReady · flagged as an outlier
AED 190,320AED 337 per sqft
1 Aug 2019RentedRenewal
AED 57,000/yr12 months · AED 102 per sqft
1 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
10 Apr 2017RentedNew contract
AED 65,000/yr12 months · AED 116 per sqft
1 Sep 2016RentedNew contract
AED 68,000/yr12 months · AED 121 per sqft
17 May 2015RentedNew contract
AED 75,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 18 June 2026.

Key facts

Type
Studio apartment
Size
376 sqft
Floor
10th of 18
Parking
B1-117
Developer
DAMAC
Completed
2014
Last sold
AED 523K · May 2026

About 1005, Capital Bay Towers 2

1005 is a studio of 376 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 13 May 2026 for AED 523,462, or AED 1,393 per sqft, 4% below the AED 1,444 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 18 June 2026, is AED 52,000 a year: a gross yield of 9.9% on the 2026 price.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in Capital Bay Towers 2
500K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, January 2013: AED 1,133,959 (AED 2,011 per sqft)Sold, May 2026: AED 523,462 (AED 1,393 per sqft)

1005 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in Capital Bay Towers 2
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, May 2015: AED 75,000 a yearNew contract, September 2016: AED 68,000 a yearNew contract, April 2017: AED 65,000 a yearNew contract, August 2018: AED 60,000 a yearRenewal, August 2019: AED 57,000 a yearNew contract, June 2026: AED 52,000 a year

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 1005 sits

All 91 studios →

1005 last sold in May 2026 at AED 1,393 per sqft, 4% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,444). 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. 1005's AED 52,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026558,606
16 studio sales in the last 12 months

Capital Bay Towers 2

Building

163 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%
Capital Bay Towers 2, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 163 units in Capital Bay Towers 2
Value
1001StudioAED 650K · Feb 2024
10022-bedAED 2.1M · Aug 2015
1003StudioAED 816K · Feb 2015
1004StudioAED 968K · Mar 2015
10062-bedAED 1.42M · Feb 2024
10071-bedAED 1.49M · Nov 2025
1008StudioAED 1.02M · May 2013
1–7 of 9

1005, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 15 January 2013 for AED 1,133,959, last on 13 May 2026 for AED 523,462 (AED 1,393 per sqft).
  • Rented since May 2015 on 6 Ejari contracts, from AED 75,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2026 price is 9.9%.
  • 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 18 June 2026.

Questions about 1005, Capital Bay Towers 2

What did unit 1005 last sell for?

AED 523,462 on 13 May 2026: AED 1,393 per sqft for 376 sqft. The unit has 3 registered sales; the first was AED 1,133,959 in January 2013.

What is the rent for unit 1005?

AED 52,000 a year on the contract signed on 18 June 2026. The previous contract, from August 2019, was AED 57,000; the unit has been rented since May 2015.

How big is unit 1005?

376 sqft (34.9 sqm): a studio on the 10th floor of a 18-storey tower completed in 2014.

What is unit 1005 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 1005, Capital Bay Towers 2

Starts from the last sale price (AED 523K, 13 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 523,462
Deposit, UAE resident (20%)
AED 104,692
Deposit, non-resident (40%)
AED 209,385
Monthly over 25 years at 3.7%
AED 2,142

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