407, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Capital Bay Towers 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 24 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,029 sqft
- Floor
- 4th of 18
- Parking
- B1-55
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.15M · August 2026
- Building
- Capital Bay Towers 2
About 407, Capital Bay Towers 2
407 is a one-bedroom apartment of 1,029 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 24 August 2026 for AED 1,150,000, or AED 1,117 per sqft, in line with the AED 1,117 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 23 February 2024, is AED 90,000 a year: a gross yield of 7.8% on the 2026 price.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 407 sits
All 30 1-beds →407 last sold in August 2026 at AED 1,117 per sqft, in line with what one-beds in Capital Bay Towers 2 were fetching at the time (AED 1,117). 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. 407's AED 90,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,032 sqft | 1,130,000 | 1,095 | ||
| 29 Jan 202629 January 2026 | 1,032 sqft | 1,320,000 | 1,279 | ||
| 25 Nov 202525 November 2025 | 1,032 sqft | 1,122,000 | 1,087 | ||
| 5 Nov 20255 November 2025 | 1,032 sqft | 1,485,622 | 1,440 |
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 | |
| 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 | |
| 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 |
407, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 21 December 2013 for AED 1,686,400, last on 24 August 2026 for AED 1,150,000 (AED 1,117 per sqft).
- Rented since November 2015 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 90,000 by February 2024.
- At AED 90,000 a year the gross yield on the 2026 price is 7.8%.
- 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 24 August 2026.
Questions about 407, Capital Bay Towers 2
What did unit 407 last sell for?
AED 1,150,000 on 24 August 2026: AED 1,117 per sqft for 1,029 sqft. The unit has 3 registered sales; the first was AED 1,686,400 in December 2013.
What is the rent for unit 407?
AED 90,000 a year on the contract signed on 23 February 2024. The previous contract, from February 2023, was AED 85,000; the unit has been rented since November 2015.
How big is unit 407?
1,029 sqft (95.6 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.
What is unit 407 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.
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Mortgage on 407, Capital Bay Towers 2
Starts from the last sale price (AED 1.15M, 24 August 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →