Studio · 564 sqftCapital Bay Towers 2, Business Bay · 11th floor · completed 2014

1105, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in June 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1105 · DLD and Ejari recordsUpdated 16 February 2021
Last soldAED 1M5 June 2016
Current rentAED 28K /yr16 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1105, Capital Bay Towers 2

What is 1105 worth today?

Last sold for AED 1,000,000 in 2016

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16 Feb 2021RentedRenewal
AED 28,000/yr12 months · AED 50 per sqft
16 Feb 2020RentedRenewal
AED 38,000/yr12 months · AED 68 per sqft
16 Feb 2019RentedRenewal
AED 45,000/yr12 months · AED 80 per sqft
15 Feb 2018RentedNew contract
AED 49,852/yr12 months · AED 89 per sqft
5 Jun 2016SoldReady
AED 1,000,000AED 1,773 per sqft
1 Jan 2016RentedNew contract
AED 60,000/yr7 months · AED 107 per sqft
8 Dec 2013Sold by developerOff-plan
AED 952,050AED 1,688 per sqft

Source: Dubai Land Department. Updated 16 February 2021.

Key facts

Type
Studio apartment
Size
564 sqft
Floor
11th of 18
Parking
B1-127
Developer
DAMAC
Completed
2014
Last sold
AED 1M · June 2016

About 1105, Capital Bay Towers 2

1105 is a studio of 564 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 5 June 2016 for AED 1,000,000, or AED 1,773 per sqft, in line with the AED 1,731 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 16 February 2021, is AED 28,000 a year: a gross yield of 2.8% on the 2016 price.

Sales and rents for 1105 over time

Sales
Unit 1105, each saleTypical studio in Capital Bay Towers 2
500K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, December 2013: AED 952,050 (AED 1,688 per sqft)Sold, June 2016: AED 1,000,000 (AED 1,773 per sqft)

1105 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1105, each contractTypical studio in Capital Bay Towers 2
25K50K75K20152018202120242027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, January 2016: AED 60,000 a yearNew contract, February 2018: AED 49,852 a yearRenewal, February 2019: AED 45,000 a yearRenewal, February 2020: AED 38,000 a yearRenewal, February 2021: AED 28,000 a year

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 1105 sits

All 91 studios →

1105 last sold in June 2016 at AED 1,773 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,731). 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. 1105's AED 28,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026523,462
16 studio 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
11022-bedAED 1.37M · Jul 2024
1103StudioAED 300K · Nov 2020
1104StudioAED 1.04M · Feb 2015
11062-bedAED 2.69M · Dec 2013
11071-bedAED 1.05M · Jul 2025
1108StudioAED 1.04M · Dec 2013
1–7 of 9

1105, Capital Bay Towers 2 in numbers

  • Sold twice: first on 8 December 2013 for AED 952,050, last on 5 June 2016 for AED 1,000,000 (AED 1,773 per sqft).
  • Rented since January 2016 on 5 Ejari contracts, from AED 60,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2016 price is 2.8%.
  • 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 16 February 2021.

Questions about 1105, Capital Bay Towers 2

What did unit 1105 last sell for?

AED 1,000,000 on 5 June 2016: AED 1,773 per sqft for 564 sqft. The unit has 2 registered sales; the first was AED 952,050 in December 2013.

What is the rent for unit 1105?

AED 28,000 a year on the contract renewed on 16 February 2021. The previous contract, from February 2020, was AED 38,000; the unit has been rented since January 2016.

How big is unit 1105?

564 sqft (52.4 sqm): a studio on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1105 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 1105, Capital Bay Towers 2

Starts from the last sale price (AED 1M, 5 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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