1601, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in March 2022, 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 1601, Capital Bay Towers 2
What is 1601 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 16th of 18
- Parking
- P1-20
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 445K · March 2022
- Building
- Capital Bay Towers 2
About 1601, Capital Bay Towers 2
1601 is a studio of 417 sqft on the 16th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 14 March 2022 for AED 445,000, or AED 1,067 per sqft, 17% above the AED 909 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 15 December 2025, is AED 58,905 a year: a gross yield of 13.2% on the 2022 price.
Sales and rents for 1601 over time
1601 has sold 3 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 1601 sits
All 91 studios →1601 last sold in March 2022 at AED 1,067 per sqft, 17% above what studios in Capital Bay Towers 2 were fetching at the time (AED 909). 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. 1601's AED 58,905 is in the upper 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 16th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,230 sqft | AED 1.17MAED 1,171,854 · Aug 2023August 2023 | 108,000 /yr | |
| 1603 | Studio | 429 sqft | AED 535KAED 535,000 · Apr 2024April 2024 | 80,000 /yr | |
| 1604 | Studio | 540 sqft | AED 440KAED 440,000 · Jan 2022January 2022 | 55,000 /yr | |
| 1605 | Studio | 564 sqft | AED 952KAED 952,000 · Jul 2015July 2015 | 70,000 /yr | |
| 1606 | 2-bed | 1,432 sqft | AED 2.64MAED 2,638,000 · Jul 2018July 2018 | 140,000 /yr | |
| 1607 | 1-bed | 1,032 sqft | AED 1.18MAED 1,180,000 · Jan 2025January 2025 | 85,000 /yr | |
| 1608 | Studio | 621 sqft | AED 650KAED 650,000 · Feb 2020February 2020 | 66,000 /yr | |
| 1609 | 2-bed | 1,377 sqft | AED 1.59MAED 1,585,000 · Apr 2016April 2016 | 112,000 /yr | |
| 1610 | Studio | 504 sqft | AED 470KAED 470,000 · Feb 2022February 2022 | 60,000 /yr |
1601, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 11 February 2013 for AED 880,000, last on 14 March 2022 for AED 445,000 (AED 1,067 per sqft).
- Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 58,905 by December 2025.
- At AED 58,905 a year the gross yield on the 2022 price is 13.2%.
- 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 15 December 2025.
Questions about 1601, Capital Bay Towers 2
What did unit 1601 last sell for?
AED 445,000 on 14 March 2022: AED 1,067 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 880,000 in February 2013.
What is the rent for unit 1601?
AED 58,905 a year on the contract renewed on 15 December 2025. The previous contract, from December 2025, was AED 60,000; the unit has been rented since March 2015.
How big is unit 1601?
417 sqft (38.7 sqm): a studio on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1601 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.
Selling 1601? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1601, Capital Bay Towers 2
Starts from the last sale price (AED 445K, 14 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 445,000
- Deposit, UAE resident (20%)
- AED 89,000
- Deposit, non-resident (40%)
- AED 178,000
- Monthly over 25 years at 3.7%
- AED 1,821
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →