1008, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in May 2013, 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 1008, Capital Bay Towers 2
What is 1008 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 538 sqft
- Floor
- 10th of 18
- Parking
- B1-120
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.02M · May 2013
- Building
- Capital Bay Towers 2
About 1008, Capital Bay Towers 2
1008 is a studio of 538 sqft on the 10th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 9 May 2013 for AED 1,024,800, or AED 1,904 per sqft, in line with the AED 1,910 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 55,000 a year: a gross yield of 5.4% on the 2013 price.
Sales and rents for 1008 over time
1008 has sold once; 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 1008 sits
All 91 studios →1008 last sold in May 2013 at AED 1,904 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,910). 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. 1008's AED 55,000 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 | |
| 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 | |
| 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 |
1008, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 9 May 2013 for AED 1,024,800, or AED 1,904 per sqft.
- Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 73,000 to AED 45,000 in 2022 and recovered to AED 55,000 by July 2026.
- At AED 55,000 a year the gross yield on the 2013 price is 5.4%.
- 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 1 July 2026.
Questions about 1008, Capital Bay Towers 2
What did unit 1008 last sell for?
AED 1,024,800 on 9 May 2013, sold by the developer: AED 1,904 per sqft for 538 sqft. It is the only registered sale of the unit.
What is the rent for unit 1008?
AED 55,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 55,000; the unit has been rented since November 2015.
How big is unit 1008?
538 sqft (50.0 sqm): a studio on the 10th floor of a 18-storey tower completed in 2014.
What is unit 1008 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 1008, Capital Bay Towers 2
Starts from the last sale price (AED 1.02M, 9 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,024,800
- Deposit, UAE resident (20%)
- AED 204,960
- Deposit, non-resident (40%)
- AED 409,920
- Monthly over 25 years at 3.7%
- AED 4,193
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →