1509, Capital Bay Towers 2
Sold prices and rental history: sold 4 times, last in February 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Capital Bay Towers 2
What is 1509 worth today?
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Source: Dubai Land Department. Updated 12 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,377 sqft
- Floor
- 15th of 18
- Parking
- P1-18
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.8M · February 2017
- Building
- Capital Bay Towers 2
About 1509, Capital Bay Towers 2
1509 is a two-bedroom apartment of 1,377 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 28 February 2017 for AED 1,800,000, or AED 1,306 per sqft, 4% above the AED 1,256 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 12 March 2026, is AED 100,000 a year: a gross yield of 5.6% on the 2017 price.
Sales and rents for 1509 over time
1509 has sold 4 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 1509 sits
All 42 2-beds →1509 last sold in February 2017 at AED 1,306 per sqft, 4% above what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,256). 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. 1509's AED 100,000 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 | |
| 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 | |
| 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 | |
| 1510 | Studio | 505 sqft | AED 730KAED 730,000 · Sep 2025September 2025 | 52,000 /yr |
1509, Capital Bay Towers 2 in numbers
- Sold 4 times: first on 18 September 2012 for AED 2,627,794, last on 28 February 2017 for AED 1,800,000 (AED 1,306 per sqft).
- Rented since October 2018 on 11 Ejari contracts. The rent fell from AED 107,000 to AED 26,000 in 2020 and recovered to AED 100,000 by March 2026.
- At AED 100,000 a year the gross yield on the 2017 price is 5.6%.
- 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 12 March 2026.
Questions about 1509, Capital Bay Towers 2
What did unit 1509 last sell for?
AED 1,800,000 on 28 February 2017: AED 1,306 per sqft for 1,377 sqft. The unit has 4 registered sales; the first was AED 2,627,794 in September 2012.
What is the rent for unit 1509?
AED 100,000 a year on the contract renewed on 12 March 2026. The previous contract, from March 2025, was AED 100,000; the unit has been rented since October 2018.
How big is unit 1509?
1,377 sqft (127.9 sqm): a two-bedroom apartment on the 15th floor of a 18-storey tower completed in 2014.
What is unit 1509 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 1509, Capital Bay Towers 2
Starts from the last sale price (AED 1.8M, 28 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →