1203, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in August 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Capital Bay Towers 2
What is 1203 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 17 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 12th of 18
- Parking
- B1-135
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 546K · August 2026
- Building
- Capital Bay Towers 2
About 1203, Capital Bay Towers 2
1203 is a studio of 429 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 17 August 2026 for AED 545,951, or AED 1,272 per sqft, 9% below the AED 1,393 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 2 June 2026, is AED 47,000 a year: a gross yield of 8.6% on the 2026 price.
Sales and rents for 1203 over time
1203 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 1203 sits
All 91 studios →1203 last sold in August 2026 at AED 1,272 per sqft, 9% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,393). 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. 1203's AED 47,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 13 May 202613 May 2026 | 414 sqft | 558,606 | 1,350 |
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 | |
| 1202 | 2-bed | 1,230 sqft | AED 1.98MAED 1,975,060 · Nov 2014November 2014 | 120,750 /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 |
1203, Capital Bay Towers 2 in numbers
- Sold twice: first on 9 June 2014 for AED 796,100, last on 17 August 2026 for AED 545,951 (AED 1,272 per sqft).
- Rented since December 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 32,000 in 2021 and recovered to AED 47,000 by June 2026.
- At AED 47,000 a year the gross yield on the 2026 price is 8.6%.
- 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 17 August 2026.
Questions about 1203, Capital Bay Towers 2
What did unit 1203 last sell for?
AED 545,951 on 17 August 2026: AED 1,272 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 796,100 in June 2014.
What is the rent for unit 1203?
AED 47,000 a year on the contract signed on 2 June 2026. The previous contract, from November 2025, was AED 60,000; the unit has been rented since December 2018.
How big is unit 1203?
429 sqft (39.9 sqm): a studio on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1203 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 1203? 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 1203, Capital Bay Towers 2
Starts from the last sale price (AED 546K, 17 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 545,951
- Deposit, UAE resident (20%)
- AED 109,190
- Deposit, non-resident (40%)
- AED 218,380
- Monthly over 25 years at 3.7%
- AED 2,234
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →