1201, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in October 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, Capital Bay Towers 2
What is 1201 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 19 October 2021.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 12th of 18
- Parking
- B1-133
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 406K · October 2021
- Building
- Capital Bay Towers 2
About 1201, Capital Bay Towers 2
1201 is a studio of 417 sqft on the 12th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 19 October 2021 for AED 406,351, or AED 975 per sqft, 16% above the AED 837 studios in the building were fetching at the time.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 17 February 2020, is AED 50,000 a year: a gross yield of 12.3% on the 2021 price.
Sales and rents for 1201 over time
1201 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 1201 sits
All 91 studios →1201 last sold in October 2021 at AED 975 per sqft, 16% above what studios in Capital Bay Towers 2 were fetching at the time (AED 837). 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. 1201's AED 50,000 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 12th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | 2-bed | 1,230 sqft | AED 1.98MAED 1,975,060 · Nov 2014November 2014 | 120,750 /yr | |
| 1203 | Studio | 429 sqft | AED 546KAED 545,951 · Aug 2026August 2026 | 47,000 /yr | |
| 1204 | Studio | 540 sqft | AED 442KAED 442,000 · Mar 2021March 2021 | 55,000 /yr | |
| 1205 | Studio | 564 sqft | AED 1.05MAED 1,050,000 · Dec 2014December 2014 | 57,000 /yr | |
| 1206 | 2-bed | 1,649 sqft | AED 2.77MAED 2,772,000 · Feb 2015February 2015 | 120,000 /yr | |
| 1207 | 1-bed | 1,032 sqft | AED 1.69MAED 1,686,400 · Dec 2013December 2013 | 90,000 /yr | |
| 1208 | Studio | 621 sqft | AED 1.04MAED 1,044,450 · Dec 2013December 2013 | 50,000 /yr | |
| 1209 | 1-bed | 1,070 sqft | AED 1.15MAED 1,150,000 · Apr 2025April 2025 | 70,000 /yr | |
| 1210 | 1-bed | 811 sqft | AED 1.3MAED 1,302,400 · Feb 2015February 2015 | 90,000 /yr |
1201, Capital Bay Towers 2 in numbers
- Sold twice: first on 3 November 2015 for AED 768,550, last on 19 October 2021 for AED 406,351 (AED 975 per sqft).
- Rented since January 2017 on 2 Ejari contracts, from AED 61,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2021 price is 12.3%.
- 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 19 October 2021.
Questions about 1201, Capital Bay Towers 2
What did unit 1201 last sell for?
AED 406,351 on 19 October 2021: AED 975 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 768,550 in November 2015.
What is the rent for unit 1201?
AED 50,000 a year on the contract signed on 17 February 2020. The previous contract, from January 2017, was AED 61,000.
How big is unit 1201?
417 sqft (38.7 sqm): a studio on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1201 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.
Selling 1201? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1201, Capital Bay Towers 2
Starts from the last sale price (AED 406K, 19 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 406,351
- Deposit, UAE resident (20%)
- AED 81,270
- Deposit, non-resident (40%)
- AED 162,540
- Monthly over 25 years at 3.7%
- AED 1,663
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →