1106, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1106, Capital Bay Towers 2
What is 1106 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 11th of 18
- Parking
- B1-128
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.69M · December 2013
- Building
- Capital Bay Towers 2
About 1106, Capital Bay Towers 2
1106 is a two-bedroom apartment of 1,649 sqft on the 11th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 8 December 2013 for AED 2,688,000, or AED 1,630 per sqft, 5% below the AED 1,718 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 105,000 a year: a gross yield of 3.9% on the 2013 price.
Sales and rents for 1106 over time
1106 has sold once; the dashed line is the two-bed median of each year in the building.
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 1106 sits
All 42 2-beds →1106 last sold in December 2013 at AED 1,630 per sqft, 5% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,718). 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. 1106's AED 105,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,230 sqft | 1,500,000 | 1,219 | ||
| 10 Feb 202610 February 2026 | 1,230 sqft | 360,000 | 292 | ||
| 11 Dec 202511 December 2025 | 1,649 sqft | 2,000,000 | 1,213 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 |
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 | |
| 1104 | Studio | 540 sqft | AED 1.04MAED 1,036,000 · Feb 2015February 2015 | 57,500 /yr | |
| 1105 | Studio | 564 sqft | AED 1MAED 1,000,000 · Jun 2016June 2016 | 28,000 /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 |
1106, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 8 December 2013 for AED 2,688,000, or AED 1,630 per sqft.
- Rented since September 2017 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 85,000 in 2020 and recovered to AED 105,000 by April 2023.
- At AED 105,000 a year the gross yield on the 2013 price is 3.9%.
- 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 April 2023.
Questions about 1106, Capital Bay Towers 2
What did unit 1106 last sell for?
AED 2,688,000 on 8 December 2013, sold by the developer: AED 1,630 per sqft for 1,649 sqft. It is the only registered sale of the unit.
What is the rent for unit 1106?
AED 105,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 100,000; the unit has been rented since September 2017.
How big is unit 1106?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 11th floor of a 18-storey tower completed in 2014.
What is unit 1106 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 1106, Capital Bay Towers 2
Starts from the last sale price (AED 2.69M, 8 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,688,000
- Deposit, UAE resident (20%)
- AED 537,600
- Deposit, non-resident (40%)
- AED 1,075,200
- Monthly over 25 years at 3.7%
- AED 10,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →