1605, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in July 2015, 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 1605, Capital Bay Towers 2
What is 1605 worth today?
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Source: Dubai Land Department. Updated 26 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 564 sqft
- Floor
- 16th of 18
- Parking
- P1-24
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 952K · July 2015
- Building
- Capital Bay Towers 2
About 1605, Capital Bay Towers 2
1605 is a studio of 564 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 2 July 2015 for AED 952,000, or AED 1,688 per sqft, 6% below the AED 1,794 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 26 February 2026, is AED 70,000 a year: a gross yield of 7.3% on the 2015 price.
Sales and rents for 1605 over time
1605 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 1605 sits
All 91 studios →1605 last sold in July 2015 at AED 1,688 per sqft, 6% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,794). Over the last 12 months studios sold for AED 144,000 to 905,000, around AED 1,350 per sqft, and rent for AED 36,000 to 80,000 a year. 1605's AED 70,000 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 1,272 Up 6.9%
- Typical sale
- AED 740K
- Typical rent
- AED 62K /yr
- Typical yield
- 8.0%
Other units on the 16th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 417 sqft | AED 445KAED 445,000 · Mar 2022March 2022 | 60,000 /yr | |
| 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 | |
| 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 |
1605, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 8 December 2013 for AED 952,050, last on 2 July 2015 for AED 952,000 (AED 1,688 per sqft).
- Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 36,000 in 2020 and recovered to AED 70,000 by February 2026.
- At AED 70,000 a year the gross yield on the 2015 price is 7.3%.
- Studios in Capital Bay Towers 2 sold for AED 144,000–905,000 in the 12 months to November 2026; the building's median across all types is AED 1,272 per sqft.
Source: Dubai Land Department. Updated 26 February 2026.
Questions about 1605, Capital Bay Towers 2
What did unit 1605 last sell for?
AED 952,000 on 2 July 2015: AED 1,688 per sqft for 564 sqft. The unit has 3 registered sales; the first was AED 952,050 in December 2013.
What is the rent for unit 1605?
AED 70,000 a year on the contract renewed on 26 February 2026. The previous contract, from February 2025, was AED 70,000; the unit has been rented since March 2016.
How big is unit 1605?
564 sqft (52.4 sqm): a studio on the 16th floor of a 18-storey tower completed in 2014.
What is unit 1605 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 144,000 to 905,000 in the last 12 months, around AED 1,350 per sqft.
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Mortgage on 1605, Capital Bay Towers 2
Starts from the last sale price (AED 952K, 2 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 952,000
- Deposit, UAE resident (20%)
- AED 190,400
- Deposit, non-resident (40%)
- AED 380,800
- Monthly over 25 years at 3.7%
- AED 3,895
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →