403, Capital Bay Towers 2
Sold prices and rental history: sold 5 times, last in April 2024, 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 403, Capital Bay Towers 2
What is 403 worth today?
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Source: Dubai Land Department. Updated 4 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 4th of 18
- Parking
- B1-51
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 500K · April 2024
- Building
- Capital Bay Towers 2
About 403, Capital Bay Towers 2
403 is a studio of 429 sqft on the 4th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 3 April 2024 for AED 500,000, or AED 1,165 per sqft, 4% below the AED 1,216 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 4 September 2026, is AED 50,000 a year: a gross yield of 10.0% on the 2024 price.
Sales and rents for 403 over time
403 has sold 5 times; 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 403 sits
All 91 studios →403 last sold in April 2024 at AED 1,165 per sqft, 4% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,216). 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. 403'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 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 | |
| 402 | 2-bed | 1,230 sqft | AED 2MAED 2,003,200 · Dec 2013December 2013 | 100,000 /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 |
403, Capital Bay Towers 2 in numbers
- Sold 5 times: first on 17 November 2013 for AED 699,200, last on 3 April 2024 for AED 500,000 (AED 1,165 per sqft).
- Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 58,000 to AED 34,000 in 2021 and recovered to AED 50,000 by September 2026.
- At AED 50,000 a year the gross yield on the 2024 price is 10.0%.
- 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 4 September 2026.
Questions about 403, Capital Bay Towers 2
What did unit 403 last sell for?
AED 500,000 on 3 April 2024: AED 1,165 per sqft for 429 sqft. The unit has 5 registered sales; the first was AED 699,200 in November 2013.
What is the rent for unit 403?
AED 50,000 a year on the contract renewed on 4 September 2026. The previous contract, from September 2025, was AED 51,000; the unit has been rented since July 2017.
How big is unit 403?
429 sqft (39.9 sqm): a studio on the 4th floor of a 18-storey tower completed in 2014.
What is unit 403 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 403, Capital Bay Towers 2
Starts from the last sale price (AED 500K, 3 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →