302, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in January 2016, 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 302, Capital Bay Towers 2
What is 302 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 3rd of 18
- Parking
- B1-39
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 888K · January 2016
- Building
- Capital Bay Towers 2
About 302, Capital Bay Towers 2
302 is a two-bedroom apartment of 1,230 sqft on the 3rd floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 3 January 2016 for AED 887,500, or AED 721 per sqft, 58% below the AED 1,737 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 14 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 80,000 a year: a gross yield of 9.0% on the 2016 price.
Sales and rents for 302 over time
302 has sold 3 times; 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 302 sits
All 42 2-beds →302 last sold in January 2016 at AED 721 per sqft, 58% below 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. 302's AED 80,000 is at the bottom 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 3rd floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 417 sqft | AED 760KAED 760,200 · May 2013May 2013 | 62,000 /yr | |
| 303 | Studio | 429 sqft | AED 730KAED 730,000 · Apr 2017April 2017 | 60,000 /yr | |
| 304 | Studio | 541 sqft | AED 750KAED 750,000 · Jun 2026June 2026 | 50,000 /yr | |
| 305 | Studio | 563 sqft | AED 905KAED 905,000 · Jan 2026January 2026 | 55,000 /yr | |
| 306 | 2-bed | 1,639 sqft | AED 2.77MAED 2,772,000 · Mar 2014March 2014 | 115,000 /yr | |
| 307 | 1-bed | 1,033 sqft | AED 1.69MAED 1,686,400 · Feb 2015February 2015 | 80,000 /yr | |
| 308 | Studio | 622 sqft | AED 1.04MAED 1,044,450 · Feb 2015February 2015 | 50,000 /yr | |
| 309 | 1-bed | 1,071 sqft | AED 1.92MAED 1,919,950 · Feb 2015February 2015 | 85,000 /yr | |
| 310 | 1-bed | 820 sqft | AED 1.38MAED 1,379,730 · Feb 2015February 2015 | 80,000 /yr |
302, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 25 December 2013 for AED 2,003,200, last on 3 January 2016 for AED 887,500 (AED 721 per sqft).
- Rented since January 2016 on 14 Ejari contracts. The rent fell from AED 100,000 to AED 30,000 in 2025 and recovered to AED 80,000 by January 2026.
- At AED 80,000 a year the gross yield on the 2016 price is 9.0%.
- 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 1 January 2026.
Questions about 302, Capital Bay Towers 2
What did unit 302 last sell for?
AED 887,500 on 3 January 2016: AED 721 per sqft for 1,230 sqft. The unit has 3 registered sales; the first was AED 2,003,200 in December 2013.
What is the rent for unit 302?
AED 80,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2026, was AED 120,000; the unit has been rented since January 2016.
How big is unit 302?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2014.
What is unit 302 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 302, Capital Bay Towers 2
Starts from the last sale price (AED 888K, 3 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 887,500
- Deposit, UAE resident (20%)
- AED 177,500
- Deposit, non-resident (40%)
- AED 355,000
- Monthly over 25 years at 3.7%
- AED 3,631
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →