1502, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in February 2015, 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 1502, Capital Bay Towers 2
What is 1502 worth today?
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Source: Dubai Land Department. Updated 22 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 15th of 18
- Parking
- P1-11
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.9M · February 2015
- Building
- Capital Bay Towers 2
About 1502, Capital Bay Towers 2
1502 is a two-bedroom apartment of 1,230 sqft on the 15th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 15 February 2015 for AED 1,900,000, or AED 1,544 per sqft, 11% below the AED 1,737 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 22 June 2026, is AED 120,000 a year: a gross yield of 6.3% on the 2015 price.
Sales and rents for 1502 over time
1502 has sold 3 times; 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 1502 sits
All 42 2-beds →1502 last sold in February 2015 at AED 1,544 per sqft, 11% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,737). 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. 1502'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 15th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 417 sqft | AED 620KAED 620,000 · Apr 2024April 2024 | 65,000 /yr | |
| 1503 | Studio | 429 sqft | AED 465KAED 465,000 · May 2022May 2022 | 55,000 /yr | |
| 1504 | Studio | 540 sqft | AED 600KAED 600,000 · Dec 2022December 2022 | ||
| 1505 | Studio | 564 sqft | AED 981KAED 980,900 · Oct 2013October 2013 | 58,900 /yr | |
| 1506 | 2-bed | 1,649 sqft | AED 2.69MAED 2,688,000 · Jan 2015January 2015 | ||
| 1507 | 1-bed | 1,032 sqft | AED 925KAED 925,000 · Sep 2023September 2023 | 50,000 /yr | |
| 1508 | Studio | 621 sqft | AED 1.11MAED 1,107,750 · Mar 2014March 2014 | 52,500 /yr | |
| 1509 | 2-bed | 1,377 sqft | AED 1.8MAED 1,800,000 · Feb 2017February 2017 | 100,000 /yr | |
| 1510 | Studio | 505 sqft | AED 730KAED 730,000 · Sep 2025September 2025 | 52,000 /yr |
1502, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 25 July 2013 for AED 2,012,800, last on 15 February 2015 for AED 1,900,000 (AED 1,544 per sqft).
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2020 and recovered to AED 120,000 by June 2026.
- At AED 120,000 a year the gross yield on the 2015 price is 6.3%.
- 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 22 June 2026.
Questions about 1502, Capital Bay Towers 2
What did unit 1502 last sell for?
AED 1,900,000 on 15 February 2015: AED 1,544 per sqft for 1,230 sqft. The unit has 3 registered sales; the first was AED 2,012,800 in July 2013.
What is the rent for unit 1502?
AED 120,000 a year on the contract signed on 22 June 2026. The previous contract, from September 2025, was AED 120,000; the unit has been rented since January 2015.
How big is unit 1502?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1502 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 1502, Capital Bay Towers 2
Starts from the last sale price (AED 1.9M, 15 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →