Studio · 504 sqftCapital Bay Towers 2, Business Bay · 16th floor · completed 2014

1610, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 470K15 February 2022
Current rentAED 60K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Capital Bay Towers 2

What is 1610 worth today?

Last sold for AED 470,000 in 2022

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1 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
15 Feb 2022SoldReady
AED 470,000AED 932 per sqft
25 Nov 2021RentedNew contract
AED 38,000/yr12 months · AED 75 per sqft
1 Mar 2020RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
2 Feb 2019RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
14 Apr 2018RentedNew contract
AED 52,000/yr12 months · AED 103 per sqft
23 Feb 2015SoldReady
AED 877,200AED 1,740 per sqft
10 Sep 2013Sold by developerOff-plan
AED 877,200AED 1,740 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
504 sqft
Floor
16th of 18
Parking
P1-38
Developer
DAMAC
Completed
2014
Last sold
AED 470K · February 2022

About 1610, Capital Bay Towers 2

1610 is a studio of 504 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 15 February 2022 for AED 470,000, or AED 932 per sqft, 7% above the AED 873 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 August 2026, is AED 60,000 a year: a gross yield of 12.8% on the 2022 price.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical studio in Capital Bay Towers 2
500K750K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, September 2013: AED 877,200 (AED 1,740 per sqft)Sold, February 2015: AED 877,200 (AED 1,740 per sqft)Sold, February 2022: AED 470,000 (AED 932 per sqft)

1610 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1610, each contractTypical studio in Capital Bay Towers 2
40K60K80K2015201920232027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, April 2018: AED 52,000 a yearNew contract, February 2019: AED 50,000 a yearNew contract, March 2020: AED 40,000 a yearNew contract, November 2021: AED 38,000 a yearNew contract, August 2026: AED 60,000 a year

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 1610 sits

All 91 studios →

1610 last sold in February 2022 at AED 932 per sqft, 7% above what studios in Capital Bay Towers 2 were fetching at the time (AED 873). 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. 1610's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026523,462
16 studio sales in the last 12 months

Capital Bay Towers 2

Building

163 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%
Capital Bay Towers 2, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 163 units in Capital Bay Towers 2
Value
1601StudioAED 445K · Mar 2022
16022-bedAED 1.17M · Aug 2023
1603StudioAED 535K · Apr 2024
1604StudioAED 440K · Jan 2022
1605StudioAED 952K · Jul 2015
16062-bedAED 2.64M · Jul 2018
16071-bedAED 1.18M · Jan 2025
1–7 of 9

1610, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 10 September 2013 for AED 877,200, last on 15 February 2022 for AED 470,000 (AED 932 per sqft).
  • Rented since April 2018 on 5 Ejari contracts. The rent fell from AED 52,000 to AED 38,000 in 2021 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2022 price is 12.8%.
  • 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 August 2026.

Questions about 1610, Capital Bay Towers 2

What did unit 1610 last sell for?

AED 470,000 on 15 February 2022: AED 932 per sqft for 504 sqft. The unit has 3 registered sales; the first was AED 877,200 in September 2013.

What is the rent for unit 1610?

AED 60,000 a year on the contract signed on 1 August 2026. The previous contract, from November 2021, was AED 38,000; the unit has been rented since April 2018.

How big is unit 1610?

504 sqft (46.8 sqm): a studio on the 16th floor of a 18-storey tower completed in 2014.

What is unit 1610 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 1610, Capital Bay Towers 2

Starts from the last sale price (AED 470K, 15 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →