1204, Capital Bay Towers 2
Sold prices and rental history: sold 4 times, last in March 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Capital Bay Towers 2
What is 1204 worth today?
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Source: Dubai Land Department. Updated 24 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 540 sqft
- Floor
- 12th of 18
- Parking
- B1-136
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 442K · March 2021
- Building
- Capital Bay Towers 2
About 1204, Capital Bay Towers 2
1204 is a studio of 540 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 22 March 2021 for AED 442,000, or AED 818 per sqft, in line with the AED 818 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 24 September 2026, is AED 55,000 a year: a gross yield of 12.4% on the 2021 price.
Sales and rents for 1204 over time
1204 has sold 4 times; 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 1204 sits
All 91 studios →1204 last sold in March 2021 at AED 818 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 818). 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. 1204's AED 55,000 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 1203 | Studio | 429 sqft | AED 546KAED 545,951 · Aug 2026August 2026 | 47,000 /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 |
1204, Capital Bay Towers 2 in numbers
- Sold 4 times: first on 6 January 2015 for AED 1,007,000, last on 22 March 2021 for AED 442,000 (AED 818 per sqft).
- Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 36,000 in 2021 and recovered to AED 55,000 by September 2026.
- At AED 55,000 a year the gross yield on the 2021 price is 12.4%.
- 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 24 September 2026.
Questions about 1204, Capital Bay Towers 2
What did unit 1204 last sell for?
AED 442,000 on 22 March 2021: AED 818 per sqft for 540 sqft. The unit has 4 registered sales; the first was AED 1,007,000 in January 2015.
What is the rent for unit 1204?
AED 55,000 a year on the contract renewed on 24 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since March 2015.
How big is unit 1204?
540 sqft (50.2 sqm): a studio on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1204 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.
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Mortgage on 1204, Capital Bay Towers 2
Starts from the last sale price (AED 442K, 22 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 442,000
- Deposit, UAE resident (20%)
- AED 88,400
- Deposit, non-resident (40%)
- AED 176,800
- Monthly over 25 years at 3.7%
- AED 1,808
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →