203, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Capital Bay Towers 2
What is 203 worth today?
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Source: Dubai Land Department. Updated 27 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 544 sqft
- Floor
- 2nd of 18
- Parking
- B1-37
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 400K · April 2021
- Building
- Capital Bay Towers 2
About 203, Capital Bay Towers 2
203 is a studio of 544 sqft on the 2nd floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 28 April 2021 for AED 400,000, or AED 735 per sqft, 7% below the AED 788 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 27 May 2026, is AED 55,000 a year: a gross yield of 13.8% on the 2021 price.
Sales and rents for 203 over time
203 has sold 3 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 203 sits
All 91 studios →203 last sold in April 2021 at AED 735 per sqft, 7% below what studios in Capital Bay Towers 2 were fetching at the time (AED 788). 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. 203's AED 55,000 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 2nd floor
All 163 units in Capital Bay Towers 2203, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 21 April 2014 for AED 1,003,200, last on 28 April 2021 for AED 400,000 (AED 735 per sqft).
- Rented since August 2016 on 7 Ejari contracts, from AED 65,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2021 price is 13.8%.
- 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 27 May 2026.
Questions about 203, Capital Bay Towers 2
What did unit 203 last sell for?
AED 400,000 on 28 April 2021: AED 735 per sqft for 544 sqft. The unit has 3 registered sales; the first was AED 1,003,200 in April 2014.
What is the rent for unit 203?
AED 55,000 a year on the contract renewed on 27 May 2026. The previous contract, from May 2025, was AED 54,000; the unit has been rented since August 2016.
How big is unit 203?
544 sqft (50.5 sqm): a studio on the 2nd floor of a 18-storey tower completed in 2014.
What is unit 203 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 203, Capital Bay Towers 2
Starts from the last sale price (AED 400K, 28 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →