1-bed · 1,070 sqftCapital Bay Towers 2, Business Bay · 11th floor · completed 2014

1109, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 950K6 June 2024
Current rentAED 94K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Capital Bay Towers 2

What is 1109 worth today?

Last sold for AED 950,000 in 2024

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15 Jan 2025RentedNew contract
AED 94,000/yr12 months · AED 88 per sqft
15 Jan 2025RentedNew contract
AED 94,000/yr12 months · AED 88 per sqft
6 Jun 2024SoldReady
AED 950,000AED 887 per sqft
2 Feb 2024RentedNew contract
AED 80,000/yr12 months · AED 75 per sqft
24 Jan 2023RentedNew contract
AED 79,500/yr12 months · AED 75 per sqft
17 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
12 Jan 2017RentedNew contract
AED 105,000/yr12 months · AED 99 per sqft
16 Feb 2015SoldReady
AED 1,755,200AED 1,639 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
1-bed apartment
Size
1,070 sqft
Floor
11th of 18
Parking
B1-131
Developer
DAMAC
Completed
2014
Last sold
AED 950K · June 2024

About 1109, Capital Bay Towers 2

1109 is a one-bedroom apartment of 1,070 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 6 June 2024 for AED 950,000, or AED 887 per sqft, 4% below the AED 920 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 January 2025, is AED 94,000 a year: a gross yield of 9.9% on the 2024 price.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical one-bed in Capital Bay Towers 2
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,720,800; 2014 AED 1,755,200; 2015 AED 1,755,200; 2023 AED 937,500; 2024 AED 950,000; 2025 AED 1,122,000; 2026 AED 1,150,000Sold by developer, May 2014: AED 1,755,200 (AED 1,639 per sqft)Sold, February 2015: AED 1,755,200 (AED 1,639 per sqft)Sold, June 2024: AED 950,000 (AED 887 per sqft)

1109 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1109, each contractTypical one-bed in Capital Bay Towers 2
50K75K100K20152018202120242027Typical rent by year: 2015 AED 102,500; 2016 AED 100,000; 2017 AED 85,000; 2018 AED 77,500; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 56,000; 2022 AED 65,000; 2023 AED 68,250; 2024 AED 80,000; 2025 AED 87,000; 2026 AED 83,500New contract, January 2017: AED 105,000 a yearNew contract, January 2018: AED 90,000 a yearNew contract, January 2023: AED 79,500 a yearNew contract, February 2024: AED 80,000 a yearNew contract, January 2025: AED 94,000 a yearNew contract, January 2025: AED 94,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Capital Bay Towers 2, and where 1109 sits

All 30 1-beds →

1109 last sold in June 2024 at AED 887 per sqft, 4% below what one-beds in Capital Bay Towers 2 were fetching at the time (AED 920). Over the last 12 months one-beds sold for AED 1,122,000 to 1,320,000, around AED 1,106 per sqft, and rent for AED 69,037 to 100,000 a year. 1109's AED 94,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,150,000
4 Feb 20261,130,000
29 Jan 20261,320,000
25 Nov 20251,122,000
4 1-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
11022-bedAED 1.37M · Jul 2024
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
1–7 of 9

1109, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 14 May 2014 for AED 1,755,200, last on 6 June 2024 for AED 950,000 (AED 887 per sqft).
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 79,500 in 2023 and recovered to AED 94,000 by January 2025.
  • At AED 94,000 a year the gross yield on the 2024 price is 9.9%.
  • One-beds in Capital Bay Towers 2 sold for AED 1,122,000–1,320,000 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 15 January 2025.

Questions about 1109, Capital Bay Towers 2

What did unit 1109 last sell for?

AED 950,000 on 6 June 2024: AED 887 per sqft for 1,070 sqft. The unit has 3 registered sales; the first was AED 1,755,200 in May 2014.

What is the rent for unit 1109?

AED 94,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 94,000; the unit has been rented since January 2017.

How big is unit 1109?

1,070 sqft (99.4 sqm): a one-bedroom apartment on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Capital Bay Towers 2 sold for AED 1,122,000 to 1,320,000 in the last 12 months, around AED 1,106 per sqft.

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Mortgage on 1109, Capital Bay Towers 2

Starts from the last sale price (AED 950K, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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