1503, Capital Bay Towers 2
Sold prices and rental history: sold 4 times, last in May 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Capital Bay Towers 2
What is 1503 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 15th of 18
- Parking
- P1-12
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 465K · May 2022
- Building
- Capital Bay Towers 2
About 1503, Capital Bay Towers 2
1503 is a studio of 429 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 26 May 2022 for AED 465,000, or AED 1,084 per sqft, 16% above the AED 932 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 55,000 a year: a gross yield of 11.8% on the 2022 price.
Sales and rents for 1503 over time
1503 has sold 4 times; 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 1503 sits
All 91 studios →1503 last sold in May 2022 at AED 1,084 per sqft, 16% above what studios in Capital Bay Towers 2 were fetching at the time (AED 932). 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. 1503's AED 55,000 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 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 | |
| 1502 | 2-bed | 1,230 sqft | AED 1.9MAED 1,900,000 · Feb 2015February 2015 | 120,000 /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 |
1503, Capital Bay Towers 2 in numbers
- Sold 4 times: first on 18 August 2013 for AED 764,750, last on 26 May 2022 for AED 465,000 (AED 1,084 per sqft).
- Rented since May 2016 on 6 Ejari contracts. The rent fell from AED 73,000 to AED 33,500 in 2020 and recovered to AED 55,000 by January 2026.
- At AED 55,000 a year the gross yield on the 2022 price is 11.8%.
- 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 January 2026.
Questions about 1503, Capital Bay Towers 2
What did unit 1503 last sell for?
AED 465,000 on 26 May 2022: AED 1,084 per sqft for 429 sqft. The unit has 4 registered sales; the first was AED 764,750 in August 2013.
What is the rent for unit 1503?
AED 55,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 55,000; the unit has been rented since May 2016.
How big is unit 1503?
429 sqft (39.9 sqm): a studio on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1503 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 1503, Capital Bay Towers 2
Starts from the last sale price (AED 465K, 26 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 465,000
- Deposit, UAE resident (20%)
- AED 93,000
- Deposit, non-resident (40%)
- AED 186,000
- Monthly over 25 years at 3.7%
- AED 1,902
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →