1206, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in February 2015, 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 1206, Capital Bay Towers 2
What is 1206 worth today?
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Source: Dubai Land Department. Updated 20 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 12th of 18
- Parking
- B1-138
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.77M · February 2015
- Building
- Capital Bay Towers 2
About 1206, Capital Bay Towers 2
1206 is a two-bedroom apartment of 1,649 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 16 February 2015 for AED 2,772,000, or AED 1,681 per sqft, 3% below the AED 1,737 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 20 August 2025, is AED 120,000 a year: a gross yield of 4.3% on the 2015 price.
Sales and rents for 1206 over time
1206 has sold twice; 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 1206 sits
All 42 2-beds →1206 last sold in February 2015 at AED 1,681 per sqft, 3% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,737). 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. 1206's AED 120,000 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 | |
| 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 | |
| 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 |
1206, Capital Bay Towers 2 in numbers
- Sold twice: first on 26 March 2014 for AED 2,772,000, last on 16 February 2015 for AED 2,772,000 (AED 1,681 per sqft).
- Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 80,000 in 2021 and recovered to AED 120,000 by August 2025.
- At AED 120,000 a year the gross yield on the 2015 price is 4.3%.
- 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 20 August 2025.
Questions about 1206, Capital Bay Towers 2
What did unit 1206 last sell for?
AED 2,772,000 on 16 February 2015: AED 1,681 per sqft for 1,649 sqft. The unit has 2 registered sales; the first was AED 2,772,000 in March 2014.
What is the rent for unit 1206?
AED 120,000 a year on the contract signed on 20 August 2025. The previous contract, from August 2024, was AED 110,250; the unit has been rented since November 2015.
How big is unit 1206?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 12th floor of a 18-storey tower completed in 2014.
What is unit 1206 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 1206, Capital Bay Towers 2
Starts from the last sale price (AED 2.77M, 16 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,772,000
- Deposit, UAE resident (20%)
- AED 554,400
- Deposit, non-resident (40%)
- AED 1,108,800
- Monthly over 25 years at 3.7%
- AED 11,341
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →