1306, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1306, Capital Bay Towers 2
What is 1306 worth today?
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Source: Dubai Land Department. Updated 5 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 13th of 18
- Parking
- B1-149
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.69M · December 2013
- Building
- Capital Bay Towers 2
About 1306, Capital Bay Towers 2
1306 is a two-bedroom apartment of 1,649 sqft on the 13th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 17 December 2013 for AED 2,688,000, or AED 1,630 per sqft, in line with the AED 1,637 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 5 October 2023, is AED 120,000 a year: a gross yield of 4.5% on the 2013 price.
Sales and rents for 1306 over time
1306 has sold once; 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 1306 sits
All 42 2-beds →1306 last sold in December 2013 at AED 1,630 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,637). 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. 1306'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 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 | |
| 1304 | Studio | 540 sqft | AED 850KAED 850,000 · Jul 2016July 2016 | 60,000 /yr | |
| 1305 | Studio | 564 sqft | AED 700KAED 700,000 · Jan 2024January 2024 | 66,000 /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 |
1306, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 17 December 2013 for AED 2,688,000, or AED 1,630 per sqft.
- Rented since October 2020 on 4 Ejari contracts, from AED 75,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2013 price is 4.5%.
- 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 5 October 2023.
Questions about 1306, Capital Bay Towers 2
What did unit 1306 last sell for?
AED 2,688,000 on 17 December 2013, sold by the developer: AED 1,630 per sqft for 1,649 sqft. It is the only registered sale of the unit.
What is the rent for unit 1306?
AED 120,000 a year on the contract renewed on 5 October 2023. The previous contract, from October 2022, was AED 95,000; the unit has been rented since October 2020.
How big is unit 1306?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 13th floor of a 18-storey tower completed in 2014.
What is unit 1306 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 1306, Capital Bay Towers 2
Starts from the last sale price (AED 2.69M, 17 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,688,000
- Deposit, UAE resident (20%)
- AED 537,600
- Deposit, non-resident (40%)
- AED 1,075,200
- Monthly over 25 years at 3.7%
- AED 10,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →