Studio · 564 sqftCapital Bay Towers 2, Business Bay · 4th floor · completed 2014

405, Capital Bay Towers 2

Sold prices and rental history: sold 4 times, last in June 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 842K30 June 2025
Current rentAED 48K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Capital Bay Towers 2

What is 405 worth today?

Last sold for AED 841,500 in 2025

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10 Sep 2026RentedNew contract
AED 48,000/yr12 months · AED 85 per sqft
30 Jun 2025SoldReady
AED 841,500AED 1,492 per sqft
20 Jun 2025RentedNew contract
AED 62,000/yr12 months · AED 110 per sqft
27 Jan 2025SoldReady
AED 705,000AED 1,250 per sqft
20 Jun 2024RentedNew contract
AED 62,000/yr12 months · AED 111 per sqft
25 Oct 2022SoldReady
AED 475,000AED 842 per sqft
5 Mar 2022RentedRenewal
AED 42,000/yr12 months · AED 75 per sqft
5 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
Studio apartment
Size
564 sqft
Floor
4th of 18
Parking
B1-53
Developer
DAMAC
Completed
2014
Last sold
AED 842K · June 2025

About 405, Capital Bay Towers 2

405 is a studio of 564 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 30 June 2025 for AED 841,500, or AED 1,492 per sqft, in line with the AED 1,495 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 10 September 2026, is AED 48,000 a year: a gross yield of 5.7% on the 2025 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Capital Bay Towers 2
500K750K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, June 2014: AED 923,200 (AED 1,637 per sqft)Sold, October 2022: AED 475,000 (AED 842 per sqft)Sold, January 2025: AED 705,000 (AED 1,250 per sqft)Sold, June 2025: AED 841,500 (AED 1,492 per sqft)

405 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in Capital Bay Towers 2
40K60K80K2015201920232027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, November 2018: AED 55,000 a yearNew contract, January 2020: AED 41,000 a yearNew contract, March 2021: AED 37,000 a yearRenewal, March 2022: AED 42,000 a yearNew contract, June 2024: AED 62,000 a yearNew contract, June 2025: AED 62,000 a yearNew contract, September 2026: AED 48,000 a year

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 405 sits

All 91 studios →

405 last sold in June 2025 at AED 1,492 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,495). 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. 405's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026523,462
16 studio 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 4th floor

All 163 units in Capital Bay Towers 2
Value
401StudioAED 736K · Dec 2014
4022-bedAED 2M · Dec 2013
403StudioAED 500K · Apr 2024
404StudioAED 1.09M · Feb 2015
4062-bedAED 1.59M · Feb 2025
4071-bedAED 1.15M · Aug 2026
408StudioAED 1.14M · Jan 2015
1–7 of 9

405, Capital Bay Towers 2 in numbers

  • Sold 4 times: first on 9 June 2014 for AED 923,200, last on 30 June 2025 for AED 841,500 (AED 1,492 per sqft).
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2021 and recovered to AED 48,000 by September 2026.
  • At AED 48,000 a year the gross yield on the 2025 price is 5.7%.
  • 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 10 September 2026.

Questions about 405, Capital Bay Towers 2

What did unit 405 last sell for?

AED 841,500 on 30 June 2025: AED 1,492 per sqft for 564 sqft. The unit has 4 registered sales; the first was AED 923,200 in June 2014.

What is the rent for unit 405?

AED 48,000 a year on the contract signed on 10 September 2026. The previous contract, from June 2025, was AED 62,000; the unit has been rented since November 2018.

How big is unit 405?

564 sqft (52.4 sqm): a studio on the 4th floor of a 18-storey tower completed in 2014.

What is unit 405 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 405, Capital Bay Towers 2

Starts from the last sale price (AED 842K, 30 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 841,500
Deposit, UAE resident (20%)
AED 168,300
Deposit, non-resident (40%)
AED 336,600
Monthly over 25 years at 3.7%
AED 3,443

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