Studio · 564 sqftCapital Bay Towers 2, Business Bay · 13th floor · completed 2014

1305, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 11 October 2026
Last soldAED 700K19 January 2024
Current rentAED 66K /yr11 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Capital Bay Towers 2

What is 1305 worth today?

Last sold for AED 700,000 in 2024

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11 Oct 2026RentedNew contract
AED 66,000/yr12 months · AED 118 per sqft
20 Aug 2025RentedRenewal
AED 64,000/yr12 months · AED 114 per sqft
20 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
19 Jan 2024SoldReady
AED 700,000AED 1,241 per sqft
18 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 133 per sqft
16 Oct 2022RentedNew contract
AED 53,711/yr12 months · AED 95 per sqft
14 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 75 per sqft
1 Oct 2020RentedNew contract
AED 46,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 11 October 2026.

Key facts

Type
Studio apartment
Size
564 sqft
Floor
13th of 18
Parking
B1-148
Developer
DAMAC
Completed
2014
Last sold
AED 700K · January 2024

About 1305, Capital Bay Towers 2

1305 is a studio of 564 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 19 January 2024 for AED 700,000, or AED 1,241 per sqft, 5% above the AED 1,186 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 11 October 2026, is AED 66,000 a year: a gross yield of 9.4% on the 2024 price.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical studio in Capital Bay Towers 2
500K1M2013201720212025Typical 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, February 2015: AED 1,138,386 (AED 2,019 per sqft)Sold, January 2024: AED 700,000 (AED 1,241 per sqft)

1305 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1305, each contractTypical studio in Capital Bay Towers 2
50K75K2015201920232027Typical 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, October 2015: AED 90,000 a yearNew contract, January 2017: AED 70,000 a yearNew contract, January 2019: AED 59,839 a yearNew contract, May 2019: AED 52,000 a yearNew contract, October 2020: AED 46,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, October 2022: AED 53,711 a yearNew contract, October 2023: AED 75,000 a yearNew contract, August 2024: AED 60,000 a yearRenewal, August 2025: AED 64,000 a yearNew contract, October 2026: AED 66,000 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 1305 sits

All 91 studios →

1305 last sold in January 2024 at AED 1,241 per sqft, 5% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,186). 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. 1305's AED 66,000 is in the upper 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
1301StudioAED 535K · Dec 2022
13022-bedAED 1.49M · Sep 2025
1303StudioAED 825K · Jun 2013
1304StudioAED 850K · Jul 2016
13062-bedAED 2.69M · Dec 2013
13071-bedAED 1.05M · Feb 2024
1308StudioAED 678K · Aug 2023
1–7 of 9

1305, Capital Bay Towers 2 in numbers

  • Sold twice: first on 19 February 2015 for AED 1,138,386, last on 19 January 2024 for AED 700,000 (AED 1,241 per sqft).
  • Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 42,000 in 2021 and recovered to AED 66,000 by October 2026.
  • At AED 66,000 a year the gross yield on the 2024 price is 9.4%.
  • 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 11 October 2026.

Questions about 1305, Capital Bay Towers 2

What did unit 1305 last sell for?

AED 700,000 on 19 January 2024: AED 1,241 per sqft for 564 sqft. The unit has 2 registered sales; the first was AED 1,138,386 in February 2015.

What is the rent for unit 1305?

AED 66,000 a year on the contract signed on 11 October 2026. The previous contract, from August 2025, was AED 64,000; the unit has been rented since October 2015.

How big is unit 1305?

564 sqft (52.4 sqm): a studio on the 13th floor of a 18-storey tower completed in 2014.

What is unit 1305 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 1305, Capital Bay Towers 2

Starts from the last sale price (AED 700K, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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