1703, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1703, Capital Bay Towers 2
What is 1703 worth today?
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Source: Dubai Land Department. Updated 8 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 17th of 18
- Parking
- P1-41
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 900K · August 2015
- Building
- Capital Bay Towers 2
About 1703, Capital Bay Towers 2
1703 is a studio of 429 sqft on the 17th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 27 August 2015 for AED 900,000, or AED 2,098 per sqft, 16% above the AED 1,814 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 8 August 2026, is AED 50,000 a year: a gross yield of 5.6% on the 2015 price.
Sales and rents for 1703 over time
1703 has sold once; 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 1703 sits
All 91 studios →1703 last sold in August 2015 at AED 2,098 per sqft, 16% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,814). 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. 1703's AED 50,000 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 | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 417 sqft | AED 420KAED 420,000 · Feb 2023February 2023 | 45,000 /yr | |
| 1702 | 2-bed | 1,230 sqft | AED 980KAED 980,000 · Feb 2020February 2020 | 110,000 /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 |
1703, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 27 August 2015 for AED 900,000, or AED 2,098 per sqft.
- Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2020 and recovered to AED 50,000 by August 2026.
- At AED 50,000 a year the gross yield on the 2015 price is 5.6%.
- 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 8 August 2026.
Questions about 1703, Capital Bay Towers 2
What did unit 1703 last sell for?
AED 900,000 on 27 August 2015, sold by the developer: AED 2,098 per sqft for 429 sqft. It is the only registered sale of the unit.
What is the rent for unit 1703?
AED 50,000 a year on the contract signed on 8 August 2026. The previous contract, from June 2025, was AED 55,000; the unit has been rented since October 2017.
How big is unit 1703?
429 sqft (39.9 sqm): a studio on the 17th floor of a 18-storey tower completed in 2014.
What is unit 1703 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 1703, Capital Bay Towers 2
Starts from the last sale price (AED 900K, 27 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →