1-bed · 1,071 sqftCapital Bay Towers 2, Business Bay · 3rd floor · completed 2014

309, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 25 February 2026
Last soldAED 1.92M23 February 2015
Current rentAED 85K /yr25 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Capital Bay Towers 2

What is 309 worth today?

Last sold for AED 1,919,950 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
25 Jan 2025RentedNew contract
AED 87,000/yr12 months · AED 81 per sqft
25 Jan 2025RentedNew contract
AED 87,000/yr12 months · AED 81 per sqft
15 Nov 2023RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
6 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft
9 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
1 Sep 2020RentedRenewal
AED 65,000/yr14 months · AED 60 per sqft
15 Aug 2019RentedRenewal
AED 81,285/yr13 months · AED 76 per sqft

Source: Dubai Land Department. Updated 25 February 2026.

Key facts

Type
1-bed apartment
Size
1,071 sqft
Floor
3rd of 18
Parking
B1-47
Developer
DAMAC
Completed
2014
Last sold
AED 1.92M · February 2015

About 309, Capital Bay Towers 2

309 is a one-bedroom apartment of 1,071 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 23 February 2015 for AED 1,919,950, or AED 1,792 per sqft, 9% above the AED 1,648 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 25 February 2026, is AED 85,000 a year: a gross yield of 4.4% on the 2015 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Capital Bay Towers 2
1M1.5M2M2013201720212025Typical sale price by year: 2013 AED 1,720,800; 2014 AED 1,755,200; 2015 AED 1,755,200; 2023 AED 937,500; 2024 AED 950,000; 2025 AED 1,122,000; 2026 AED 1,150,000Sold by developer, June 2014: AED 1,919,950 (AED 1,792 per sqft)Sold, February 2015: AED 1,919,950 (AED 1,792 per sqft)

309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, each contractTypical one-bed in Capital Bay Towers 2
50K75K100K20152018202120242027Typical rent by year: 2015 AED 102,500; 2016 AED 100,000; 2017 AED 85,000; 2018 AED 77,500; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 56,000; 2022 AED 65,000; 2023 AED 68,250; 2024 AED 80,000; 2025 AED 87,000; 2026 AED 83,500New contract, August 2018: AED 85,000 a yearRenewal, August 2019: AED 81,285 a yearRenewal, September 2020: AED 65,000 a yearNew contract, September 2021: AED 65,000 a yearNew contract, October 2022: AED 85,000 a yearNew contract, November 2023: AED 85,000 a yearNew contract, January 2025: AED 87,000 a yearNew contract, January 2025: AED 87,000 a yearNew contract, February 2026: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Capital Bay Towers 2, and where 309 sits

All 30 1-beds →

309 last sold in February 2015 at AED 1,792 per sqft, 9% above what one-beds in Capital Bay Towers 2 were fetching at the time (AED 1,648). Over the last 12 months one-beds sold for AED 1,122,000 to 1,320,000, around AED 1,106 per sqft, and rent for AED 69,037 to 100,000 a year. 309's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,150,000
4 Feb 20261,130,000
29 Jan 20261,320,000
25 Nov 20251,122,000
4 1-bed 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
304StudioAED 750K · Jun 2026
305StudioAED 905K · Jan 2026
3062-bedAED 2.77M · Mar 2014
3071-bedAED 1.69M · Feb 2015
1–7 of 9

309, Capital Bay Towers 2 in numbers

  • Sold twice: first on 10 June 2014 for AED 1,919,950, last on 23 February 2015 for AED 1,919,950 (AED 1,792 per sqft).
  • Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2021 and recovered to AED 85,000 by February 2026.
  • At AED 85,000 a year the gross yield on the 2015 price is 4.4%.
  • One-beds in Capital Bay Towers 2 sold for AED 1,122,000–1,320,000 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 25 February 2026.

Questions about 309, Capital Bay Towers 2

What did unit 309 last sell for?

AED 1,919,950 on 23 February 2015: AED 1,792 per sqft for 1,071 sqft. The unit has 2 registered sales; the first was AED 1,919,950 in June 2014.

What is the rent for unit 309?

AED 85,000 a year on the contract signed on 25 February 2026. The previous contract, from January 2025, was AED 87,000; the unit has been rented since August 2018.

How big is unit 309?

1,071 sqft (99.5 sqm): a one-bedroom apartment on the 3rd floor of a 18-storey tower completed in 2014.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Capital Bay Towers 2 sold for AED 1,122,000 to 1,320,000 in the last 12 months, around AED 1,106 per sqft.

Selling 309? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 309, Capital Bay Towers 2

Starts from the last sale price (AED 1.92M, 23 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,919,950
Deposit, UAE resident (20%)
AED 383,990
Deposit, non-resident (40%)
AED 767,980
Monthly over 25 years at 3.7%
AED 7,855

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