2-bed · 1,230 sqftCapital Bay Towers 2, Business Bay · 11th floor · completed 2014

1102, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 1.37M9 July 2024
Current rentAED 95K /yr8 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Capital Bay Towers 2

What is 1102 worth today?

Last sold for AED 1,365,000 in 2024

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9 Jul 2024SoldReady
AED 1,365,000AED 1,109 per sqft
8 Aug 2023RentedNew contract
AED 95,000/yr13 months · AED 77 per sqft
30 Dec 2022RentedNew contract
AED 80,000/yr12 months · AED 65 per sqft
25 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 65 per sqft
1 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 77 per sqft
1 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 77 per sqft
1 Aug 2021RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
1 Sep 2020RentedNew contract
AED 95,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
2-bed apartment
Size
1,230 sqft
Floor
11th of 18
Parking
B1-124
Developer
DAMAC
Completed
2014
Last sold
AED 1.37M · July 2024

About 1102, Capital Bay Towers 2

1102 is a two-bedroom apartment of 1,230 sqft on the 11th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 9 July 2024 for AED 1,365,000, or AED 1,109 per sqft, 16% above the AED 952 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 8 August 2023, is AED 95,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, December 2013: AED 2,012,800 (AED 1,636 per sqft)Sold, July 2024: AED 1,365,000 (AED 1,109 per sqft)

1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Capital Bay Towers 2
50K100K150K20152018202120242027Typical 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, July 2015: AED 127,316 a yearNew contract, October 2017: AED 125,000 a yearNew contract, October 2018: AED 80,000 a yearNew contract, February 2020: AED 80,000 a yearNew contract, September 2020: AED 95,000 a yearNew contract, August 2021: AED 55,000 a yearNew contract, September 2021: AED 95,000 a yearNew contract, September 2022: AED 95,000 a yearNew contract, October 2022: AED 80,000 a yearNew contract, December 2022: AED 80,000 a yearNew contract, August 2023: AED 95,000 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 1102 sits

All 42 2-beds →

1102 last sold in July 2024 at AED 1,109 per sqft, 16% above what two-beds in Capital Bay Towers 2 were fetching at the time (AED 952). 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. 1102's AED 95,000 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 11th floor

All 163 units in Capital Bay Towers 2
Value
1101StudioAED 675K · Feb 2015
1103StudioAED 300K · Nov 2020
1104StudioAED 1.04M · Feb 2015
1105StudioAED 1M · Jun 2016
11062-bedAED 2.69M · Dec 2013
11071-bedAED 1.05M · Jul 2025
1108StudioAED 1.04M · Dec 2013
1–7 of 9

1102, Capital Bay Towers 2 in numbers

  • Sold twice: first on 18 December 2013 for AED 2,012,800, last on 9 July 2024 for AED 1,365,000 (AED 1,109 per sqft).
  • Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 127,316 to AED 55,000 in 2021 and recovered to AED 95,000 by August 2023.
  • At AED 95,000 a year the gross yield on the 2024 price is 7.0%.
  • 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 9 July 2024.

Questions about 1102, Capital Bay Towers 2

What did unit 1102 last sell for?

AED 1,365,000 on 9 July 2024: AED 1,109 per sqft for 1,230 sqft. The unit has 2 registered sales; the first was AED 2,012,800 in December 2013.

What is the rent for unit 1102?

AED 95,000 a year on the contract signed on 8 August 2023. The previous contract, from December 2022, was AED 80,000; the unit has been rented since July 2015.

How big is unit 1102?

1,230 sqft (114.3 sqm): a two-bedroom apartment on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1102 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 1102, Capital Bay Towers 2

Starts from the last sale price (AED 1.37M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,365,000
Deposit, UAE resident (20%)
AED 273,000
Deposit, non-resident (40%)
AED 546,000
Monthly over 25 years at 3.7%
AED 5,585

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