1202, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in November 2014, 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 1202, Capital Bay Towers 2
What is 1202 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 12th of 18
- Parking
- P1-88, P1-89
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.98M · November 2014
- Building
- Capital Bay Towers 2
About 1202, Capital Bay Towers 2
1202 is a two-bedroom apartment of 1,230 sqft on the 12th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 30 November 2014 for AED 1,975,060, or AED 1,606 per sqft, 4% below the AED 1,681 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 120,750 a year: a gross yield of 6.1% on the 2014 price.
Sales and rents for 1202 over time
1202 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 1202 sits
All 42 2-beds →1202 last sold in November 2014 at AED 1,606 per sqft, 4% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,681). 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. 1202's AED 120,750 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 12th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 417 sqft | AED 406KAED 406,351 · Oct 2021October 2021 | 50,000 /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 |
1202, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 30 November 2014 for AED 1,975,060, or AED 1,606 per sqft.
- Rented since November 2017 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2020 and recovered to AED 120,750 by April 2026.
- At AED 120,750 a year the gross yield on the 2014 price is 6.1%.
- 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 2026.
Questions about 1202, Capital Bay Towers 2
What did unit 1202 last sell for?
AED 1,975,060 on 30 November 2014, sold by the developer: AED 1,606 per sqft for 1,230 sqft. It is the only registered sale of the unit.
What is the rent for unit 1202?
AED 120,750 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 115,000; the unit has been rented since November 2017.
How big is unit 1202?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1202 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 1202, Capital Bay Towers 2
Starts from the last sale price (AED 1.98M, 30 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,975,060
- Deposit, UAE resident (20%)
- AED 395,012
- Deposit, non-resident (40%)
- AED 790,024
- Monthly over 25 years at 3.7%
- AED 8,081
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →