1-bed · 1,071 sqftCapital Bay Towers 2, Business Bay · 4th floor · completed 2014

409, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in May 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 2 November 2025
Last soldAED 900K12 May 2019
Current rentAED 90K /yr2 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Capital Bay Towers 2

What is 409 worth today?

Last sold for AED 900,000 in 2019

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2 Nov 2025RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
18 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
1 Jun 2023RentedRenewal
AED 80,000/yr13 months · AED 74 per sqft
1 Jun 2022RentedNew contract
AED 68,000/yr12 months · AED 63 per sqft
19 Apr 2021RentedNew contract
AED 61,000/yr12 months · AED 57 per sqft
24 Feb 2020RentedNew contract
AED 66,000/yr12 months · AED 61 per sqft
12 May 2019SoldReady
AED 900,000AED 840 per sqft
18 Nov 2017RentedNew contract
AED 85,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 2 November 2025.

Key facts

Type
1-bed apartment
Size
1,071 sqft
Floor
4th of 18
Parking
B1-57
Developer
DAMAC
Completed
2014
Last sold
AED 900K · May 2019

About 409, Capital Bay Towers 2

409 is a one-bedroom apartment of 1,071 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 12 May 2019 for AED 900,000, or AED 840 per sqft.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 2 November 2025, is AED 90,000 a year: a gross yield of 10.0% on the 2019 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Capital Bay Towers 2
1M1.5M2M2013201720212025Typical sale price by year: 2013 AED 1,720,800; 2014 AED 1,755,200; 2015 AED 1,755,200; 2023 AED 937,500; 2024 AED 950,000; 2025 AED 1,122,000; 2026 AED 1,150,000Sold by developer, June 2014: AED 1,755,200 (AED 1,638 per sqft)Sold, May 2015: AED 1,950,000 (AED 1,820 per sqft)Sold, May 2019: AED 900,000 (AED 840 per sqft)

409 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, each contractTypical one-bed in Capital Bay Towers 2
50K75K100K20152018202120242027Typical rent by year: 2015 AED 102,500; 2016 AED 100,000; 2017 AED 85,000; 2018 AED 77,500; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 56,000; 2022 AED 65,000; 2023 AED 68,250; 2024 AED 80,000; 2025 AED 87,000; 2026 AED 83,500New contract, November 2017: AED 85,000 a yearNew contract, February 2020: AED 66,000 a yearNew contract, April 2021: AED 61,000 a yearNew contract, June 2022: AED 68,000 a yearRenewal, June 2023: AED 80,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, November 2025: AED 90,000 a year

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 409 sits

All 30 1-beds →

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. 409's AED 90,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Aug 20261,150,000
4 Feb 20261,130,000
29 Jan 20261,320,000
25 Nov 20251,122,000
4 1-bed 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
405StudioAED 842K · Jun 2025
4062-bedAED 1.59M · Feb 2025
4071-bedAED 1.15M · Aug 2026
1–7 of 9

409, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 9 June 2014 for AED 1,755,200, last on 12 May 2019 for AED 900,000 (AED 840 per sqft).
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 61,000 in 2021 and recovered to AED 90,000 by November 2025.
  • At AED 90,000 a year the gross yield on the 2019 price is 10.0%.
  • 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 2 November 2025.

Questions about 409, Capital Bay Towers 2

What did unit 409 last sell for?

AED 900,000 on 12 May 2019: AED 840 per sqft for 1,071 sqft. The unit has 3 registered sales; the first was AED 1,755,200 in June 2014.

What is the rent for unit 409?

AED 90,000 a year on the contract signed on 2 November 2025. The previous contract, from September 2024, was AED 90,000; the unit has been rented since November 2017.

How big is unit 409?

1,071 sqft (99.5 sqm): a one-bedroom apartment on the 4th floor of a 18-storey tower completed in 2014.

What is unit 409 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 409, Capital Bay Towers 2

Starts from the last sale price (AED 900K, 12 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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