Studio · 429 sqftCapital Bay Towers 2, Business Bay · 18th floor · completed 2014

1803, Capital Bay Towers 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 6 May 2026
Last soldAED 1.78M9 September 2013
Current rentAED 50K /yr6 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Capital Bay Towers 2

What is 1803 worth today?

Last sold for AED 1,782,270 in 2013

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6 May 2026RentedRenewal
AED 50,000/yr12 months · AED 117 per sqft
6 Aug 2025RentedNew contract
AED 54,849/yr9 months · AED 128 per sqft
6 May 2025RentedRenewal
AED 55,452/yr3 months · AED 129 per sqft
6 May 2025RentedRenewal
AED 55,452/yr3 months · AED 129 per sqft
6 May 2024RentedNew contract
AED 55,000/yr12 months · AED 128 per sqft
2 Mar 2023RentedNew contract
AED 50,000/yr12 months · AED 117 per sqft
20 Jan 2022RentedNew contract
AED 40,000/yr12 months · AED 93 per sqft
1 Dec 2020RentedNew contract
AED 32,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 6 May 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
18th of 18
Parking
P1-51
Developer
DAMAC
Completed
2014
Last sold
AED 1.78M · September 2013

About 1803, Capital Bay Towers 2

1803 is a studio of 429 sqft on the 18th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 9 September 2013 for AED 1,782,270, or AED 4,155 per sqft, 118% above the AED 1,910 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 50,000 a year: a gross yield of 2.8% on the 2013 price.

Sales and rents for 1803 over time

Sales
Unit 1803, each saleTypical studio in Capital Bay Towers 2
1M2M2013201720212025Typical 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 1,782,270 (AED 4,155 per sqft)

1803 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1803, each contractTypical studio in Capital Bay Towers 2
40K60K80K20152018202120242027Typical 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, January 2017: AED 65,000 a yearRenewal, January 2018: AED 62,500 a yearNew contract, April 2019: AED 48,000 a yearNew contract, December 2020: AED 32,000 a yearNew contract, January 2022: AED 40,000 a yearNew contract, March 2023: AED 50,000 a yearNew contract, May 2024: AED 55,000 a yearRenewal, May 2025: AED 55,452 a yearRenewal, May 2025: AED 55,452 a yearNew contract, August 2025: AED 54,849 a yearRenewal, May 2026: AED 50,000 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 1803 sits

All 91 studios →

1803 last sold in September 2013 at AED 4,155 per sqft, 118% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,910). 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. 1803's AED 50,000 is in the lower 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 18th floor

All 163 units in Capital Bay Towers 2
Value
1801StudioAED 1.72M · Sep 2013
18022-bedAED 5.09M · Sep 2013
1804StudioAED 2.25M · Sep 2013
1805StudioAED 2.35M · Sep 2013
18062-bedAED 6.86M · Sep 2013
18071-bedAED 4.3M · Sep 2013
1808StudioAED 2.58M · Sep 2013
1–7 of 9

1803, Capital Bay Towers 2 in numbers

  • Sold once: by DAMAC on 9 September 2013 for AED 1,782,270, or AED 4,155 per sqft.
  • Rented since January 2017 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 32,000 in 2020 and recovered to AED 50,000 by May 2026.
  • At AED 50,000 a year the gross yield on the 2013 price is 2.8%.
  • 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 6 May 2026.

Questions about 1803, Capital Bay Towers 2

What did unit 1803 last sell for?

AED 1,782,270 on 9 September 2013, sold by the developer: AED 4,155 per sqft for 429 sqft. It is the only registered sale of the unit.

What is the rent for unit 1803?

AED 50,000 a year on the contract renewed on 6 May 2026. The previous contract, from August 2025, was AED 54,849; the unit has been rented since January 2017.

How big is unit 1803?

429 sqft (39.9 sqm): a studio on the 18th floor of a 18-storey tower completed in 2014.

What is unit 1803 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 1803, Capital Bay Towers 2

Starts from the last sale price (AED 1.78M, 9 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,782,270
Deposit, UAE resident (20%)
AED 356,454
Deposit, non-resident (40%)
AED 712,908
Monthly over 25 years at 3.7%
AED 7,292

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