2-bed · 1,377 sqftCapital Bay Towers 2, Business Bay · 10th floor · completed 2014

1009, Capital Bay Towers 2

Sold prices and rental history: sold 4 times, last in March 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.23M15 March 2022
Current rentAED 110K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Capital Bay Towers 2

What is 1009 worth today?

Last sold for AED 1,225,000 in 2022

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1 Dec 2024RentedNew contract
AED 110,000/yr12 months · AED 80 per sqft
6 Oct 2023RentedNew contract
AED 115,000/yr12 months · AED 84 per sqft
6 Oct 2022RentedNew contract
AED 130,000/yr12 months · AED 94 per sqft
15 Mar 2022SoldReady
AED 1,225,000AED 889 per sqft
11 Aug 2021RentedNew contract
AED 78,000/yr12 months · AED 57 per sqft
13 May 2020RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
10 Dec 2019SoldReady
AED 955,000AED 693 per sqft
2 Mar 2015SoldReady
AED 2,256,000AED 1,637 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,377 sqft
Floor
10th of 18
Parking
B1-121
Developer
DAMAC
Completed
2014
Last sold
AED 1.23M · March 2022

About 1009, Capital Bay Towers 2

1009 is a two-bedroom apartment of 1,377 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 15 March 2022 for AED 1,225,000, or AED 889 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 December 2024, is AED 110,000 a year: a gross yield of 9.0% on the 2022 price.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical two-bed in Capital Bay Towers 2
1M2M2012201620202024Typical sale price by year: 2012 AED 2,627,794; 2013 AED 2,256,000; 2014 AED 2,627,175; 2015 AED 2,428,180; 2016 AED 1,550,000; 2022 AED 1,200,000; 2023 AED 1,300,000; 2024 AED 1,420,000; 2025 AED 1,490,000Sold by developer, September 2013: AED 2,256,000 (AED 1,637 per sqft)Sold, March 2015: AED 2,256,000 (AED 1,637 per sqft)Sold, December 2019: AED 955,000 (AED 693 per sqft)Sold, March 2022: AED 1,225,000 (AED 889 per sqft)

1009 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, each contractTypical two-bed in Capital Bay Towers 2
100K150K20152018202120242027Typical rent by year: 2015 AED 145,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 100,541; 2019 AED 87,500; 2020 AED 72,500; 2021 AED 73,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,250; 2025 AED 115,000; 2026 AED 115,000New contract, May 2020: AED 75,000 a yearNew contract, August 2021: AED 78,000 a yearNew contract, October 2022: AED 130,000 a yearNew contract, October 2023: AED 115,000 a yearNew contract, December 2024: AED 110,000 a year

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 1009 sits

All 42 2-beds →

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. 1009's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,500,000
10 Feb 2026360,000
11 Dec 20252,000,000
4 Nov 20251,480,000
3 2-bed 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
1005StudioAED 523K · May 2026
10062-bedAED 1.42M · Feb 2024
10071-bedAED 1.49M · Nov 2025
1–7 of 9

1009, Capital Bay Towers 2 in numbers

  • Sold 4 times: first on 10 September 2013 for AED 2,256,000, last on 15 March 2022 for AED 1,225,000 (AED 889 per sqft).
  • Rented since May 2020 on 5 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 9.0%.
  • 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 1 December 2024.

Questions about 1009, Capital Bay Towers 2

What did unit 1009 last sell for?

AED 1,225,000 on 15 March 2022: AED 889 per sqft for 1,377 sqft. The unit has 4 registered sales; the first was AED 2,256,000 in September 2013.

What is the rent for unit 1009?

AED 110,000 a year on the contract signed on 1 December 2024. The previous contract, from October 2023, was AED 115,000; the unit has been rented since May 2020.

How big is unit 1009?

1,377 sqft (127.9 sqm): a two-bedroom apartment on the 10th floor of a 18-storey tower completed in 2014.

What is unit 1009 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 1009, Capital Bay Towers 2

Starts from the last sale price (AED 1.23M, 15 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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