1006, 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 1006, Capital Bay Towers 2
What is 1006 worth today?
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Source: Dubai Land Department. Updated 19 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 10th of 18
- Parking
- B1-118
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.42M · February 2024
- Building
- Capital Bay Towers 2
About 1006, Capital Bay Towers 2
1006 is a two-bedroom apartment of 1,649 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 February 2024 for AED 1,420,000, or AED 861 per sqft, in line with the AED 879 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 13 February 2024, is AED 103,097 a year: a gross yield of 7.3% on the 2024 price.
Sales and rents for 1006 over time
1006 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 1006 sits
All 42 2-beds →1006 last sold in February 2024 at AED 861 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 879). 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. 1006's AED 103,097 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 | |
| 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 | |
| 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 |
1006, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 15 January 2013 for AED 3,665,861, last on 19 February 2024 for AED 1,420,000 (AED 861 per sqft).
- Rented since April 2015 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 70,000 in 2021 and recovered to AED 103,097 by February 2024.
- At AED 103,097 a year the gross yield on the 2024 price is 7.3%.
- 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 19 February 2024.
Questions about 1006, Capital Bay Towers 2
What did unit 1006 last sell for?
AED 1,420,000 on 19 February 2024: AED 861 per sqft for 1,649 sqft. The unit has 3 registered sales; the first was AED 3,665,861 in January 2013.
What is the rent for unit 1006?
AED 103,097 a year on the contract renewed on 13 February 2024. The previous contract, from February 2023, was AED 88,500; the unit has been rented since April 2015.
How big is unit 1006?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1006 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 1006, Capital Bay Towers 2
Starts from the last sale price (AED 1.42M, 19 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,420,000
- Deposit, UAE resident (20%)
- AED 284,000
- Deposit, non-resident (40%)
- AED 568,000
- Monthly over 25 years at 3.7%
- AED 5,810
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →