1408, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in May 2026, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Capital Bay Towers 2
What is 1408 worth today?
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Source: Dubai Land Department. Updated 10 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 414 sqft
- Floor
- 14th of 18
- Parking
- P1-05
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 559K · May 2026
- Building
- Capital Bay Towers 2
About 1408, Capital Bay Towers 2
1408 is a studio of 414 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 13 May 2026 for AED 558,606, or AED 1,350 per sqft, 7% below the AED 1,444 studios in the building were fetching at the time.
One Ejari contract is registered, from 10 July 2026. The current contract, signed on 10 July 2026, is AED 54,000 a year: a gross yield of 9.7% on the 2026 price.
Sales and rents for 1408 over time
1408 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 1408 sits
All 91 studios →1408 last sold in May 2026 at AED 1,350 per sqft, 7% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,444). 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. 1408's AED 54,000 is in the lower 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 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 | |
| 1406 | 2-bed | 1,649 sqft | AED 1.2MAED 1,200,000 · Nov 2022November 2022 | 90,000 /yr | |
| 1407 | 1-bed | 1,032 sqft | AED 1.32MAED 1,320,000 · Jan 2026January 2026 | 50,000 /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 |
1408, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 15 January 2013 for AED 1,247,958, last on 13 May 2026 for AED 558,606 (AED 1,350 per sqft).
- Rented since July 2026 on one Ejari contract, at AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2026 price is 9.7%.
- 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 10 July 2026.
Questions about 1408, Capital Bay Towers 2
What did unit 1408 last sell for?
AED 558,606 on 13 May 2026: AED 1,350 per sqft for 414 sqft. The unit has 3 registered sales; the first was AED 1,247,958 in January 2013.
What is the rent for unit 1408?
AED 54,000 a year on the contract signed on 10 July 2026.
How big is unit 1408?
414 sqft (38.5 sqm): a studio on the 14th floor of a 18-storey tower completed in 2014.
What is unit 1408 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 1408, Capital Bay Towers 2
Starts from the last sale price (AED 559K, 13 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 558,606
- Deposit, UAE resident (20%)
- AED 111,721
- Deposit, non-resident (40%)
- AED 223,442
- Monthly over 25 years at 3.7%
- AED 2,285
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →