1406, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1406, Capital Bay Towers 2
What is 1406 worth today?
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Source: Dubai Land Department. Updated 28 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 14th of 18
- Parking
- P1-03
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.2M · November 2022
- Building
- Capital Bay Towers 2
About 1406, Capital Bay Towers 2
1406 is a two-bedroom apartment of 1,649 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 28 November 2022 for AED 1,200,000, or AED 727 per sqft, 17% below the AED 871 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 10 April 2020, is AED 90,000 a year: a gross yield of 7.5% on the 2022 price.
Sales and rents for 1406 over time
1406 has sold twice; 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 1406 sits
All 42 2-beds →1406 last sold in November 2022 at AED 727 per sqft, 17% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 871). 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. 1406's AED 90,000 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 14th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 417 sqft | AED 630KAED 630,000 · Aug 2024August 2024 | 50,000 /yr | |
| 1402 | 2-bed | 1,230 sqft | AED 1.5MAED 1,500,000 · Feb 2026February 2026 | 65,000 /yr | |
| 1403 | Studio | 429 sqft | AED 715KAED 715,000 · Jan 2026January 2026 | 30,000 /yr | |
| 1404 | Studio | 540 sqft | AED 640KAED 640,000 · Mar 2025March 2025 | 55,000 /yr | |
| 1405 | Studio | 564 sqft | AED 705KAED 705,000 · Jul 2026July 2026 | 50,000 /yr | |
| 1407 | 1-bed | 1,032 sqft | AED 1.32MAED 1,320,000 · Jan 2026January 2026 | 50,000 /yr | |
| 1408 | Studio | 414 sqft | AED 559KAED 558,606 · May 2026May 2026 | 54,000 /yr | |
| 1409 | 2-bed | 1,377 sqft | AED 1.23MAED 1,225,000 · Apr 2023April 2023 | 69,000 /yr | |
| 1410 | Studio | 504 sqft | AED 740KAED 740,000 · Jan 2026January 2026 | 45,000 /yr |
1406, Capital Bay Towers 2 in numbers
- Sold twice: first on 15 January 2013 for AED 3,665,861, last on 28 November 2022 for AED 1,200,000 (AED 727 per sqft).
- Rented since September 2015 on 5 Ejari contracts, from AED 145,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 7.5%.
- 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 28 November 2022.
Questions about 1406, Capital Bay Towers 2
What did unit 1406 last sell for?
AED 1,200,000 on 28 November 2022: AED 727 per sqft for 1,649 sqft. The unit has 2 registered sales; the first was AED 3,665,861 in January 2013.
What is the rent for unit 1406?
AED 90,000 a year on the contract renewed on 10 April 2020. The previous contract, from April 2019, was AED 100,000; the unit has been rented since September 2015.
How big is unit 1406?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 14th floor of a 18-storey tower completed in 2014.
What is unit 1406 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 1406, Capital Bay Towers 2
Starts from the last sale price (AED 1.2M, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →