308, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Capital Bay Towers 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 622 sqft
- Floor
- 3rd of 18
- Parking
- B1-46
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.04M · February 2015
- Building
- Capital Bay Towers 2
About 308, Capital Bay Towers 2
308 is a studio of 622 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 February 2015 for AED 1,044,450, or AED 1,677 per sqft, 6% below the AED 1,791 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 1 October 2026, is AED 50,000 a year: a gross yield of 4.8% on the 2015 price.
Sales and rents for 308 over time
308 has sold twice; 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 308 sits
All 91 studios →308 last sold in February 2015 at AED 1,677 per sqft, 6% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,791). 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. 308's AED 50,000 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 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 | |
| 302 | 2-bed | 1,230 sqft | AED 888KAED 887,500 · Jan 2016January 2016 | 120,000 /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 | |
| 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 |
308, Capital Bay Towers 2 in numbers
- Sold twice: first on 20 May 2014 for AED 1,044,450, last on 3 February 2015 for AED 1,044,450 (AED 1,677 per sqft).
- Rented since July 2017 on 11 Ejari contracts. The rent fell from AED 66,394 to AED 32,000 in 2022 and recovered to AED 50,000 by October 2026.
- At AED 50,000 a year the gross yield on the 2015 price is 4.8%.
- 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 1 October 2026.
Questions about 308, Capital Bay Towers 2
What did unit 308 last sell for?
AED 1,044,450 on 3 February 2015: AED 1,677 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 1,044,450 in May 2014.
What is the rent for unit 308?
AED 50,000 a year on the contract signed on 1 October 2026. The previous contract, from August 2026, was AED 60,000; the unit has been rented since July 2017.
How big is unit 308?
622 sqft (57.8 sqm): a studio on the 3rd floor of a 18-storey tower completed in 2014.
What is unit 308 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 308, Capital Bay Towers 2
Starts from the last sale price (AED 1.04M, 3 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,044,450
- Deposit, UAE resident (20%)
- AED 208,890
- Deposit, non-resident (40%)
- AED 417,780
- Monthly over 25 years at 3.7%
- AED 4,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →