Studio · 541 sqftCapital Bay Towers 2, Business Bay · 3rd floor · completed 2014

304, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in June 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 19 June 2026
Last soldAED 750K19 June 2026
Current rentAED 50K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Capital Bay Towers 2

What is 304 worth today?

Last sold for AED 750,000 in 2026

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19 Jun 2026SoldReady
AED 750,000AED 1,385 per sqft
15 Apr 2026RentedNew contract
AED 50,000/yr12 months · AED 93 per sqft
10 Nov 2025RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
9 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
15 May 2024RentedRenewal
AED 61,319/yr6 months · AED 114 per sqft
15 Nov 2023RentedNew contract
AED 60,000/yr6 months · AED 111 per sqft
18 Oct 2023RentedNew contract
AED 57,000/yr12 months · AED 106 per sqft
10 Mar 2023RentedRenewal
AED 39,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 19 June 2026.

Key facts

Type
Studio apartment
Size
541 sqft
Floor
3rd of 18
Parking
B1-42
Developer
DAMAC
Completed
2014
Last sold
AED 750K · June 2026

About 304, Capital Bay Towers 2

304 is a studio of 541 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 19 June 2026 for AED 750,000, or AED 1,385 per sqft, in line with the AED 1,425 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 10 Ejari contracts. The current contract, signed on 15 April 2026, is AED 50,000 a year: a gross yield of 6.7% on the 2026 price.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Capital Bay Towers 2
500K1M2013201720212025Typical 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, April 2014: AED 1,000,000 (AED 1,847 per sqft)Sold, December 2014: AED 1,000,000 (AED 1,847 per sqft)Sold, June 2026: AED 750,000 (AED 1,385 per sqft)

304 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 304, 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, May 2018: AED 49,000 a yearNew contract, March 2021: AED 33,000 a yearRenewal, March 2022: AED 35,400 a yearRenewal, March 2023: AED 39,000 a yearNew contract, October 2023: AED 57,000 a yearNew contract, November 2023: AED 60,000 a yearRenewal, May 2024: AED 61,319 a yearNew contract, November 2024: AED 60,000 a yearNew contract, November 2025: AED 60,000 a yearNew contract, April 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 304 sits

All 91 studios →

304 last sold in June 2026 at AED 1,385 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,425). 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. 304'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
13 May 2026523,462
13 May 2026558,606
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
301StudioAED 760K · May 2013
3022-bedAED 888K · Jan 2016
303StudioAED 730K · Apr 2017
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

304, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 21 April 2014 for AED 1,000,000, last on 19 June 2026 for AED 750,000 (AED 1,385 per sqft).
  • Rented since May 2018 on 10 Ejari contracts. The rent fell from AED 49,000 to AED 33,000 in 2021 and recovered to AED 50,000 by April 2026.
  • At AED 50,000 a year the gross yield on the 2026 price is 6.7%.
  • 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 19 June 2026.

Questions about 304, Capital Bay Towers 2

What did unit 304 last sell for?

AED 750,000 on 19 June 2026: AED 1,385 per sqft for 541 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in April 2014.

What is the rent for unit 304?

AED 50,000 a year on the contract signed on 15 April 2026. The previous contract, from November 2025, was AED 60,000; the unit has been rented since May 2018.

How big is unit 304?

541 sqft (50.3 sqm): a studio on the 3rd floor of a 18-storey tower completed in 2014.

What is unit 304 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 304, Capital Bay Towers 2

Starts from the last sale price (AED 750K, 19 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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