501, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in October 2016, 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 501, Capital Bay Towers 2
What is 501 worth today?
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Source: Dubai Land Department. Updated 11 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 5th of 18
- Parking
- B1-59
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 705K · October 2016
- Building
- Capital Bay Towers 2
About 501, Capital Bay Towers 2
501 is a studio of 417 sqft on the 5th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 8 October 2016 for AED 705,000, or AED 1,691 per sqft, in line with the AED 1,679 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 11 October 2026, is AED 56,000 a year: a gross yield of 7.9% on the 2016 price.
Sales and rents for 501 over time
501 has sold twice; 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 501 sits
All 91 studios →501 last sold in October 2016 at AED 1,691 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,679). 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. 501's AED 56,000 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 5th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,230 sqft | AED 2MAED 2,002,050 · Feb 2013February 2013 | 104,000 /yr | |
| 503 | Studio | 429 sqft | AED 430KAED 430,000 · Sep 2020September 2020 | 45,000 /yr | |
| 504 | Studio | 540 sqft | AED 912KAED 912,450 · Jan 2015January 2015 | 45,000 /yr | |
| 505 | Studio | 564 sqft | AED 1.08MAED 1,075,000 · Nov 2015November 2015 | 55,000 /yr | |
| 506 | 2-bed | 1,649 sqft | AED 2MAED 2,000,000 · Dec 2025December 2025 | 90,000 /yr | |
| 507 | 1-bed | 1,032 sqft | AED 1.12MAED 1,122,000 · Nov 2025November 2025 | 70,000 /yr | |
| 508 | Studio | 621 sqft | AED 520KAED 520,000 · Jun 2021June 2021 | 65,000 /yr | |
| 509 | 2-bed | 1,377 sqft | AED 1.2MAED 1,200,000 · Mar 2023March 2023 | 130,000 /yr | |
| 510 | Studio | 504 sqft | AED 595KAED 595,000 · May 2018May 2018 | 80,000 /yr |
501, Capital Bay Towers 2 in numbers
- Sold twice: first on 23 June 2013 for AED 768,600, last on 8 October 2016 for AED 705,000 (AED 1,691 per sqft).
- Rented since December 2015 on 11 Ejari contracts. The rent fell from AED 65,000 to AED 33,000 in 2021 and recovered to AED 56,000 by October 2026.
- At AED 56,000 a year the gross yield on the 2016 price is 7.9%.
- 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 11 October 2026.
Questions about 501, Capital Bay Towers 2
What did unit 501 last sell for?
AED 705,000 on 8 October 2016: AED 1,691 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 768,600 in June 2013.
What is the rent for unit 501?
AED 56,000 a year on the contract renewed on 11 October 2026. The previous contract, from April 2026, was AED 60,674; the unit has been rented since December 2015.
How big is unit 501?
417 sqft (38.7 sqm): a studio on the 5th floor of a 18-storey tower completed in 2014.
What is unit 501 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 501, Capital Bay Towers 2
Starts from the last sale price (AED 705K, 8 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 705,000
- Deposit, UAE resident (20%)
- AED 141,000
- Deposit, non-resident (40%)
- AED 282,000
- Monthly over 25 years at 3.7%
- AED 2,884
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →