1706, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in February 2015, 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 1706, Capital Bay Towers 2
What is 1706 worth today?
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Source: Dubai Land Department. Updated 26 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 17th of 18
- Parking
- P1-44
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 3.15M · February 2015
- Building
- Capital Bay Towers 2
About 1706, Capital Bay Towers 2
1706 is a two-bedroom apartment of 1,649 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 5 February 2015 for AED 3,150,000, or AED 1,910 per sqft, 10% above the AED 1,737 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 26 February 2026, is AED 120,000 a year: a gross yield of 3.8% on the 2015 price.
Sales and rents for 1706 over time
1706 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Capital Bay Towers 2, and where 1706 sits
All 42 2-beds →1706 last sold in February 2015 at AED 1,910 per sqft, 10% above what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,737). Over the last 12 months two-beds sold for AED 1,500,000 to 2,000,000, around AED 1,216 per sqft, and rent for AED 80,000 to 175,000 a year. 1706's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,230 sqft | 1,500,000 | 1,219 | ||
| 10 Feb 202610 February 2026 | 1,230 sqft | 360,000 | 292 | ||
| 11 Dec 202511 December 2025 | 1,649 sqft | 2,000,000 | 1,213 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 |
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 | |
| 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 | |
| 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 |
1706, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 5 February 2015 for AED 3,150,000, or AED 1,910 per sqft.
- Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 65,000 in 2021 and recovered to AED 120,000 by February 2026.
- At AED 120,000 a year the gross yield on the 2015 price is 3.8%.
- Two-beds in Capital Bay Towers 2 sold for AED 1,500,000–2,000,000 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 26 February 2026.
Questions about 1706, Capital Bay Towers 2
What did unit 1706 last sell for?
AED 3,150,000 on 5 February 2015, sold by the developer: AED 1,910 per sqft for 1,649 sqft. It is the only registered sale of the unit.
What is the rent for unit 1706?
AED 120,000 a year on the contract renewed on 26 February 2026. The previous contract, from February 2025, was AED 115,000; the unit has been rented since July 2015.
How big is unit 1706?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 17th floor of a 18-storey tower completed in 2014.
What is unit 1706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Capital Bay Towers 2 sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 1,216 per sqft.
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Mortgage on 1706, Capital Bay Towers 2
Starts from the last sale price (AED 3.15M, 5 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 3,150,000
- Deposit, UAE resident (20%)
- AED 630,000
- Deposit, non-resident (40%)
- AED 1,260,000
- Monthly over 25 years at 3.7%
- AED 12,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →