1104, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1104, Capital Bay Towers 2
What is 1104 worth today?
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Source: Dubai Land Department. Updated 29 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 540 sqft
- Floor
- 11th of 18
- Parking
- B1-126
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.04M · February 2015
- Building
- Capital Bay Towers 2
About 1104, Capital Bay Towers 2
1104 is a studio of 540 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 23 February 2015 for AED 1,036,000, or AED 1,917 per sqft, 7% above the AED 1,791 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 29 October 2025, is AED 57,500 a year: a gross yield of 5.5% on the 2015 price.
Sales and rents for 1104 over time
1104 has sold twice; 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 1104 sits
All 91 studios →1104 last sold in February 2015 at AED 1,917 per sqft, 7% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,791). 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. 1104's AED 57,500 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 11th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 417 sqft | AED 675KAED 675,200 · Feb 2015February 2015 | 42,000 /yr | |
| 1102 | 2-bed | 1,230 sqft | AED 1.37MAED 1,365,000 · Jul 2024July 2024 | 95,000 /yr | |
| 1103 | Studio | 429 sqft | AED 300KAED 300,000 · Nov 2020November 2020 | 36,000 /yr | |
| 1105 | Studio | 564 sqft | AED 1MAED 1,000,000 · Jun 2016June 2016 | 28,000 /yr | |
| 1106 | 2-bed | 1,649 sqft | AED 2.69MAED 2,688,000 · Dec 2013December 2013 | 105,000 /yr | |
| 1107 | 1-bed | 1,032 sqft | AED 1.05MAED 1,050,000 · Jul 2025July 2025 | 60,000 /yr | |
| 1108 | Studio | 621 sqft | AED 1.04MAED 1,044,450 · Dec 2013December 2013 | 60,000 /yr | |
| 1109 | 1-bed | 1,070 sqft | AED 950KAED 950,000 · Jun 2024June 2024 | 94,000 /yr | |
| 1110 | 1-bed | 811 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 83,000 /yr |
1104, Capital Bay Towers 2 in numbers
- Sold twice: first on 11 February 2013 for AED 1,036,000, last on 23 February 2015 for AED 1,036,000 (AED 1,917 per sqft).
- Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 35,000 in 2021 and recovered to AED 57,500 by October 2025.
- At AED 57,500 a year the gross yield on the 2015 price is 5.5%.
- 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 29 October 2025.
Questions about 1104, Capital Bay Towers 2
What did unit 1104 last sell for?
AED 1,036,000 on 23 February 2015: AED 1,917 per sqft for 540 sqft. The unit has 2 registered sales; the first was AED 1,036,000 in February 2013.
What is the rent for unit 1104?
AED 57,500 a year on the contract renewed on 29 October 2025. The previous contract, from October 2024, was AED 57,500; the unit has been rented since August 2016.
How big is unit 1104?
540 sqft (50.2 sqm): a studio on the 11th floor of a 18-storey tower completed in 2014.
What is unit 1104 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 1104, Capital Bay Towers 2
Starts from the last sale price (AED 1.04M, 23 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,036,000
- Deposit, UAE resident (20%)
- AED 207,200
- Deposit, non-resident (40%)
- AED 414,400
- Monthly over 25 years at 3.7%
- AED 4,239
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →