402, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in December 2013, 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 402, Capital Bay Towers 2
What is 402 worth today?
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Source: Dubai Land Department. Updated 26 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 4th of 18
- Parking
- B1-50
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2M · December 2013
- Building
- Capital Bay Towers 2
About 402, Capital Bay Towers 2
402 is a two-bedroom apartment of 1,230 sqft on the 4th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 25 December 2013 for AED 2,003,200, or AED 1,628 per sqft, in line with the AED 1,636 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 26 May 2026, is AED 100,000 a year: a gross yield of 5.0% on the 2013 price.
Sales and rents for 402 over time
402 has sold once; 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 402 sits
All 42 2-beds →402 last sold in December 2013 at AED 1,628 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,636). 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. 402's AED 100,000 is in the lower half 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 4th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 417 sqft | AED 736KAED 736,000 · Dec 2014December 2014 | 55,000 /yr | |
| 403 | Studio | 429 sqft | AED 500KAED 500,000 · Apr 2024April 2024 | 50,000 /yr | |
| 404 | Studio | 540 sqft | AED 1.09MAED 1,094,940 · Feb 2015February 2015 | 45,000 /yr | |
| 405 | Studio | 564 sqft | AED 842KAED 841,500 · Jun 2025June 2025 | 48,000 /yr | |
| 406 | 2-bed | 1,649 sqft | AED 1.59MAED 1,590,000 · Feb 2025February 2025 | 130,000 /yr | |
| 407 | 1-bed | 1,029 sqft | AED 1.15MAED 1,150,000 · Aug 2026August 2026 | 90,000 /yr | |
| 408 | Studio | 622 sqft | AED 1.14MAED 1,140,000 · Jan 2015January 2015 | 60,000 /yr | |
| 409 | 1-bed | 1,071 sqft | AED 900KAED 900,000 · May 2019May 2019 | 90,000 /yr | |
| 410 | 1-bed | 820 sqft | AED 1.3MAED 1,302,400 · Feb 2015February 2015 | 100,000 /yr |
402, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 25 December 2013 for AED 2,003,200, or AED 1,628 per sqft.
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 135,364 to AED 60,000 in 2019 and recovered to AED 100,000 by May 2026.
- At AED 100,000 a year the gross yield on the 2013 price is 5.0%.
- 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 26 May 2026.
Questions about 402, Capital Bay Towers 2
What did unit 402 last sell for?
AED 2,003,200 on 25 December 2013, sold by the developer: AED 1,628 per sqft for 1,230 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 100,000 a year on the contract renewed on 26 May 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since April 2017.
How big is unit 402?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.
What is unit 402 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 402, Capital Bay Towers 2
Starts from the last sale price (AED 2M, 25 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,003,200
- Deposit, UAE resident (20%)
- AED 400,640
- Deposit, non-resident (40%)
- AED 801,280
- Monthly over 25 years at 3.7%
- AED 8,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →