Studio · 540 sqftCapital Bay Towers 2, Business Bay · 14th floor · completed 2014

1404, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 640K6 March 2025
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Capital Bay Towers 2

What is 1404 worth today?

Last sold for AED 640,000 in 2025

Unlock today's estimate, updated daily, with

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

1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 102 per sqft
1 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 120 per sqft
6 Mar 2025SoldReady
AED 640,000AED 1,184 per sqft
15 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 93 per sqft
18 Oct 2018RentedNew contract
AED 58,000/yr12 months · AED 108 per sqft
5 May 2018RentedNew contract
AED 62,000/yr12 months · AED 115 per sqft
29 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
12 Dec 2016RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
14th of 18
Parking
P1-01
Developer
DAMAC
Completed
2014
Last sold
AED 640K · March 2025

About 1404, Capital Bay Towers 2

1404 is a studio of 540 sqft on the 14th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 6 March 2025 for AED 640,000, or AED 1,184 per sqft, 5% below the AED 1,249 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 July 2026, is AED 55,000 a year: a gross yield of 8.6% on the 2025 price.

Sales and rents for 1404 over time

Sales
Unit 1404, 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, January 2013: AED 1,329,047 (AED 2,460 per sqft)Sold, March 2025: AED 640,000 (AED 1,184 per sqft)

1404 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1404, each contractTypical studio in Capital Bay Towers 2
40K60K80K2015201920232027Typical 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, June 2015: AED 80,000 a yearNew contract, December 2016: AED 70,000 a yearNew contract, November 2017: AED 65,000 a yearNew contract, May 2018: AED 62,000 a yearNew contract, October 2018: AED 58,000 a yearNew contract, December 2019: AED 50,000 a yearNew contract, April 2025: AED 65,000 a yearNew contract, July 2026: AED 55,000 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 1404 sits

All 91 studios →

1404 last sold in March 2025 at AED 1,184 per sqft, 5% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,249). 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. 1404's AED 55,000 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 14th floor

All 163 units in Capital Bay Towers 2
Value
1401StudioAED 630K · Aug 2024
14022-bedAED 1.5M · Feb 2026
1403StudioAED 715K · Jan 2026
1405StudioAED 705K · Jul 2026
14062-bedAED 1.2M · Nov 2022
14071-bedAED 1.32M · Jan 2026
1408StudioAED 559K · May 2026
1–7 of 9

1404, Capital Bay Towers 2 in numbers

  • Sold twice: first on 15 January 2013 for AED 1,329,047, last on 6 March 2025 for AED 640,000 (AED 1,184 per sqft).
  • Rented since June 2015 on 8 Ejari contracts, from AED 80,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 price is 8.6%.
  • 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 1 July 2026.

Questions about 1404, Capital Bay Towers 2

What did unit 1404 last sell for?

AED 640,000 on 6 March 2025: AED 1,184 per sqft for 540 sqft. The unit has 2 registered sales; the first was AED 1,329,047 in January 2013.

What is the rent for unit 1404?

AED 55,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2025, was AED 65,000; the unit has been rented since June 2015.

How big is unit 1404?

540 sqft (50.2 sqm): a studio on the 14th floor of a 18-storey tower completed in 2014.

What is unit 1404 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 1404? 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 1404, Capital Bay Towers 2

Starts from the last sale price (AED 640K, 6 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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