1701, Capital Bay Towers 2
Sold prices and rental history: sold 4 times, last in February 2023, 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 1701, Capital Bay Towers 2
What is 1701 worth today?
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Source: Dubai Land Department. Updated 16 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 17th of 18
- Parking
- P1-39
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 420K · February 2023
- Building
- Capital Bay Towers 2
About 1701, Capital Bay Towers 2
1701 is a studio of 417 sqft on the 17th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 27 February 2023 for AED 420,000, or AED 1,007 per sqft, 6% below the AED 1,067 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 16 May 2026, is AED 45,000 a year: a gross yield of 10.7% on the 2023 price.
Sales and rents for 1701 over time
1701 has sold 4 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 1701 sits
All 91 studios →1701 last sold in February 2023 at AED 1,007 per sqft, 6% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,067). 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. 1701's AED 45,000 is in the lower 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 17th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1702 | 2-bed | 1,230 sqft | AED 980KAED 980,000 · Feb 2020February 2020 | 110,000 /yr | |
| 1703 | Studio | 429 sqft | AED 900KAED 900,000 · Aug 2015August 2015 | 50,000 /yr | |
| 1704 | Studio | 540 sqft | AED 660KAED 660,000 · Apr 2024April 2024 | 55,000 /yr | |
| 1705 | Studio | 564 sqft | AED 1.18MAED 1,183,791 · Feb 2015February 2015 | 46,000 /yr | |
| 1706 | 2-bed | 1,649 sqft | AED 3.15MAED 3,150,000 · Feb 2015February 2015 | 120,000 /yr | |
| 1707 | 1-bed | 1,032 sqft | AED 2.06MAED 2,063,020 · Feb 2015February 2015 | 90,000 /yr | |
| 1708 | Studio | 621 sqft | AED 1.26MAED 1,259,710 · Jan 2015January 2015 | 65,000 /yr | |
| 1709 | 2-bed | 1,377 sqft | AED 1.08MAED 1,083,092 · Aug 2021August 2021 | 84,000 /yr | |
| 1710 | Studio | 504 sqft | AED 1.02MAED 1,023,361 · Feb 2015February 2015 | 62,000 /yr |
1701, Capital Bay Towers 2 in numbers
- Sold 4 times: first on 6 September 2015 for AED 877,800, last on 27 February 2023 for AED 420,000 (AED 1,007 per sqft).
- Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 74,792 to AED 33,000 in 2020 and recovered to AED 45,000 by May 2026.
- At AED 45,000 a year the gross yield on the 2023 price is 10.7%.
- 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 16 May 2026.
Questions about 1701, Capital Bay Towers 2
What did unit 1701 last sell for?
AED 420,000 on 27 February 2023: AED 1,007 per sqft for 417 sqft. The unit has 4 registered sales; the first was AED 877,800 in September 2015.
What is the rent for unit 1701?
AED 45,000 a year on the contract signed on 16 May 2026. The previous contract, from July 2023, was AED 48,000; the unit has been rented since September 2015.
How big is unit 1701?
417 sqft (38.7 sqm): a studio on the 17th floor of a 18-storey tower completed in 2014.
What is unit 1701 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 1701, Capital Bay Towers 2
Starts from the last sale price (AED 420K, 27 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →