Studio · 417 sqftCapital Bay Towers 2, Business Bay · 13th floor · completed 2014

1301, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 535K5 December 2022
Current rentAED 45K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Capital Bay Towers 2

What is 1301 worth today?

Last sold for AED 535,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 108 per sqft
1 Mar 2025RentedNew contract
AED 58,000/yr12 months · AED 139 per sqft
5 Dec 2022SoldReady
AED 535,000AED 1,283 per sqft
1 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
1 May 2019RentedNew contract
AED 46,000/yr12 months · AED 110 per sqft
12 Apr 2018RentedNew contract
AED 35,000/yr12 months · AED 83 per sqft
27 Apr 2014Sold by developerOff-plan
AED 768,550AED 1,844 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
13th of 18
Parking
B1-144
Developer
DAMAC
Completed
2014
Last sold
AED 535K · December 2022

About 1301, Capital Bay Towers 2

1301 is a studio of 417 sqft on the 13th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 5 December 2022 for AED 535,000, or AED 1,283 per sqft, 28% above the AED 1,000 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 September 2026, is AED 45,000 a year: a gross yield of 8.4% on the 2022 price.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical studio in Capital Bay Towers 2
500K750K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, April 2014: AED 768,550 (AED 1,844 per sqft)Sold, December 2022: AED 535,000 (AED 1,283 per sqft)

1301 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1301, each contractTypical studio in Capital Bay Towers 2
25K50K75K2015201920232027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, April 2018: AED 35,000 a yearNew contract, May 2019: AED 46,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, March 2025: AED 58,000 a yearNew contract, September 2026: AED 45,000 a year

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 1301 sits

All 91 studios →

1301 last sold in December 2022 at AED 1,283 per sqft, 28% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,000). 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. 1301's AED 45,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026523,462
16 studio sales in the last 12 months

Capital Bay Towers 2

Building

163 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%
Capital Bay Towers 2, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 163 units in Capital Bay Towers 2
Value
13022-bedAED 1.49M · Sep 2025
1303StudioAED 825K · Jun 2013
1304StudioAED 850K · Jul 2016
1305StudioAED 700K · Jan 2024
13062-bedAED 2.69M · Dec 2013
13071-bedAED 1.05M · Feb 2024
1308StudioAED 678K · Aug 2023
1–7 of 9

1301, Capital Bay Towers 2 in numbers

  • Sold twice: first on 27 April 2014 for AED 768,550, last on 5 December 2022 for AED 535,000 (AED 1,283 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2021 and recovered to AED 45,000 by September 2026.
  • At AED 45,000 a year the gross yield on the 2022 price is 8.4%.
  • 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 7 September 2026.

Questions about 1301, Capital Bay Towers 2

What did unit 1301 last sell for?

AED 535,000 on 5 December 2022: AED 1,283 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 768,550 in April 2014.

What is the rent for unit 1301?

AED 45,000 a year on the contract signed on 7 September 2026. The previous contract, from March 2025, was AED 58,000; the unit has been rented since April 2018.

How big is unit 1301?

417 sqft (38.7 sqm): a studio on the 13th floor of a 18-storey tower completed in 2014.

What is unit 1301 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 1301? 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.

How OpenOffers works

Mortgage on 1301, Capital Bay Towers 2

Starts from the last sale price (AED 535K, 5 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →