404, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 404, Capital Bay Towers 2
What is 404 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 540 sqft
- Floor
- 4th of 18
- Parking
- B1-52
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.09M · February 2015
- Building
- Capital Bay Towers 2
About 404, Capital Bay Towers 2
404 is a studio of 540 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 19 February 2015 for AED 1,094,940, or AED 2,026 per sqft, 13% above the AED 1,794 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 5 August 2026, is AED 45,000 a year: a gross yield of 4.1% on the 2015 price.
Sales and rents for 404 over time
404 has sold once; 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 404 sits
All 91 studios →404 last sold in February 2015 at AED 2,026 per sqft, 13% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,794). 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. 404's AED 45,000 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 | |
| 403 | Studio | 429 sqft | AED 500KAED 500,000 · Apr 2024April 2024 | 50,000 /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 |
404, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 19 February 2015 for AED 1,094,940, or AED 2,026 per sqft.
- Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 34,000 in 2020 and recovered to AED 45,000 by August 2026.
- At AED 45,000 a year the gross yield on the 2015 price is 4.1%.
- 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 5 August 2026.
Questions about 404, Capital Bay Towers 2
What did unit 404 last sell for?
AED 1,094,940 on 19 February 2015, sold by the developer: AED 2,026 per sqft for 540 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 45,000 a year on the contract signed on 5 August 2026. The previous contract, from June 2025, was AED 55,000; the unit has been rented since July 2018.
How big is unit 404?
540 sqft (50.2 sqm): a studio on the 4th floor of a 18-storey tower completed in 2014.
What is unit 404 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 404, Capital Bay Towers 2
Starts from the last sale price (AED 1.09M, 19 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,094,940
- Deposit, UAE resident (20%)
- AED 218,988
- Deposit, non-resident (40%)
- AED 437,976
- Monthly over 25 years at 3.7%
- AED 4,480
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →