1304, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in July 2016, 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 1304, Capital Bay Towers 2
What is 1304 worth today?
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Source: Dubai Land Department. Updated 25 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 540 sqft
- Floor
- 13th of 18
- Parking
- B1-142
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 850K · July 2016
- Building
- Capital Bay Towers 2
About 1304, Capital Bay Towers 2
1304 is a studio of 540 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 17 July 2016 for AED 850,000, or AED 1,573 per sqft, 9% below the AED 1,730 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 25 April 2025, is AED 60,000 a year: a gross yield of 7.1% on the 2016 price.
Sales and rents for 1304 over time
1304 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 1304 sits
All 91 studios →1304 last sold in July 2016 at AED 1,573 per sqft, 9% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,730). 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. 1304's AED 60,000 is in the upper 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 13th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | Studio | 417 sqft | AED 535KAED 535,000 · Dec 2022December 2022 | 45,000 /yr | |
| 1302 | 2-bed | 1,230 sqft | AED 1.49MAED 1,490,000 · Sep 2025September 2025 | 115,000 /yr | |
| 1303 | Studio | 429 sqft | AED 825KAED 824,600 · Jun 2013June 2013 | 40,000 /yr | |
| 1305 | Studio | 564 sqft | AED 700KAED 700,000 · Jan 2024January 2024 | 66,000 /yr | |
| 1306 | 2-bed | 1,649 sqft | AED 2.69MAED 2,688,000 · Dec 2013December 2013 | 120,000 /yr | |
| 1307 | 1-bed | 1,032 sqft | AED 1.05MAED 1,045,000 · Feb 2024February 2024 | 100,000 /yr | |
| 1308 | Studio | 621 sqft | AED 678KAED 677,800 · Aug 2023August 2023 | 75,000 /yr | |
| 1309 | 1-bed | 1,070 sqft | AED 1.2MAED 1,200,000 · Aug 2024August 2024 | 75,000 /yr | |
| 1310 | 1-bed | 811 sqft | AED 1.02MAED 1,015,000 · Feb 2025February 2025 | 85,000 /yr |
1304, Capital Bay Towers 2 in numbers
- Sold twice: first on 8 October 2013 for AED 940,100, last on 17 July 2016 for AED 850,000 (AED 1,573 per sqft).
- Rented since January 2017 on 10 Ejari contracts. The rent fell from AED 72,000 to AED 35,000 in 2021 and recovered to AED 60,000 by April 2025.
- At AED 60,000 a year the gross yield on the 2016 price is 7.1%.
- 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 25 April 2025.
Questions about 1304, Capital Bay Towers 2
What did unit 1304 last sell for?
AED 850,000 on 17 July 2016: AED 1,573 per sqft for 540 sqft. The unit has 2 registered sales; the first was AED 940,100 in October 2013.
What is the rent for unit 1304?
AED 60,000 a year on the contract signed on 25 April 2025. The previous contract, from April 2025, was AED 60,000; the unit has been rented since January 2017.
How big is unit 1304?
540 sqft (50.2 sqm): a studio on the 13th floor of a 18-storey tower completed in 2014.
What is unit 1304 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 1304, Capital Bay Towers 2
Starts from the last sale price (AED 850K, 17 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →