Studio · 417 sqftCapital Bay Towers 2, Business Bay · 3rd floor · completed 2014

301, Capital Bay Towers 2

Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 760K9 May 2013
Current rentAED 62K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Capital Bay Towers 2

What is 301 worth today?

Last sold for AED 760,200 in 2013

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1 Apr 2026RentedRenewal
AED 62,000/yr12 months · AED 149 per sqft
1 Apr 2025RentedRenewal
AED 60,000/yr12 months · AED 144 per sqft
1 Apr 2024RentedNew contract
AED 58,000/yr12 months · AED 139 per sqft
10 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 132 per sqft
17 Aug 2021RentedRenewal
AED 37,000/yr6 months · AED 88 per sqft
17 Aug 2020RentedNew contract
AED 37,000/yr12 months · AED 88 per sqft
1 Feb 2020RentedRenewal
AED 60,000/yr4 months · AED 143 per sqft
1 Feb 2019RentedRenewal
AED 60,000/yr12 months · AED 143 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
3rd of 18
Parking
B1-38
Developer
DAMAC
Completed
2014
Last sold
AED 760K · May 2013

About 301, Capital Bay Towers 2

301 is a studio of 417 sqft on the 3rd floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 9 May 2013 for AED 760,200, or AED 1,824 per sqft, 5% below the AED 1,910 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 62,000 a year: a gross yield of 8.2% on the 2013 price.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical studio in Capital Bay Towers 2
500K750K1M2013201720212025Typical 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, May 2013: AED 760,200 (AED 1,824 per sqft)

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

Rents
Unit 301, 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, September 2015: AED 74,000 a yearNew contract, February 2018: AED 65,000 a yearRenewal, February 2019: AED 60,000 a yearRenewal, February 2020: AED 60,000 a yearNew contract, August 2020: AED 37,000 a yearRenewal, August 2021: AED 37,000 a yearNew contract, March 2023: AED 55,000 a yearNew contract, April 2024: AED 58,000 a yearRenewal, April 2025: AED 60,000 a yearRenewal, April 2026: AED 62,000 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 301 sits

All 91 studios →

301 last sold in May 2013 at AED 1,824 per sqft, 5% below 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. 301's AED 62,000 is in the upper 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 3rd floor

All 163 units in Capital Bay Towers 2
Value
3022-bedAED 888K · Jan 2016
303StudioAED 730K · Apr 2017
304StudioAED 750K · Jun 2026
305StudioAED 905K · Jan 2026
3062-bedAED 2.77M · Mar 2014
3071-bedAED 1.69M · Feb 2015
308StudioAED 1.04M · Feb 2015
1–7 of 9

301, Capital Bay Towers 2 in numbers

  • Sold once: by DAMAC on 9 May 2013 for AED 760,200, or AED 1,824 per sqft.
  • Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 74,000 to AED 37,000 in 2021 and recovered to AED 62,000 by April 2026.
  • At AED 62,000 a year the gross yield on the 2013 price is 8.2%.
  • 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 1 April 2026.

Questions about 301, Capital Bay Towers 2

What did unit 301 last sell for?

AED 760,200 on 9 May 2013, sold by the developer: AED 1,824 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 62,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 60,000; the unit has been rented since September 2015.

How big is unit 301?

417 sqft (38.7 sqm): a studio on the 3rd floor of a 18-storey tower completed in 2014.

What is unit 301 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 301, Capital Bay Towers 2

Starts from the last sale price (AED 760K, 9 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 760,200
Deposit, UAE resident (20%)
AED 152,040
Deposit, non-resident (40%)
AED 304,080
Monthly over 25 years at 3.7%
AED 3,110

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