1506, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in January 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Capital Bay Towers 2
What is 1506 worth today?
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Source: Dubai Land Department. Updated 7 January 2015.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 15th of 18
- Parking
- P1-15
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2.69M · January 2015
- Building
- Capital Bay Towers 2
About 1506, Capital Bay Towers 2
1506 is a two-bedroom apartment of 1,649 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 7 January 2015 for AED 2,688,000, or AED 1,630 per sqft, 6% below the AED 1,731 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1506 over time
1506 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 1506 sits
All 42 2-beds →1506 last sold in January 2015 at AED 1,630 per sqft, 6% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,731). 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.
| 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 | |
| 1502 | 2-bed | 1,230 sqft | AED 1.9MAED 1,900,000 · Feb 2015February 2015 | 120,000 /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 | |
| 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 |
1506, Capital Bay Towers 2 in numbers
- Sold twice: first on 17 November 2013 for AED 2,688,000, last on 7 January 2015 for AED 2,688,000 (AED 1,630 per sqft).
- 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 7 January 2015.
Questions about 1506, Capital Bay Towers 2
What did unit 1506 last sell for?
AED 2,688,000 on 7 January 2015: AED 1,630 per sqft for 1,649 sqft. The unit has 2 registered sales; the first was AED 2,688,000 in November 2013.
How big is unit 1506?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1506 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 1506, Capital Bay Towers 2
Starts from the last sale price (AED 2.69M, 7 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,688,000
- Deposit, UAE resident (20%)
- AED 537,600
- Deposit, non-resident (40%)
- AED 1,075,200
- Monthly over 25 years at 3.7%
- AED 10,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →