502, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in February 2013, 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 502, Capital Bay Towers 2
What is 502 worth today?
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Source: Dubai Land Department. Updated 5 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 5th of 18
- Parking
- B1-60
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2M · February 2013
- Building
- Capital Bay Towers 2
About 502, Capital Bay Towers 2
502 is a two-bedroom apartment of 1,230 sqft on the 5th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 14 February 2013 for AED 2,002,050, or AED 1,627 per sqft, 17% below the AED 1,952 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 5 September 2025, is AED 104,000 a year: a gross yield of 5.2% on the 2013 price.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Capital Bay Towers 2, and where 502 sits
All 42 2-beds →502 last sold in February 2013 at AED 1,627 per sqft, 17% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,952). Over the last 12 months two-beds sold for AED 1,500,000 to 2,000,000, around AED 1,216 per sqft, and rent for AED 80,000 to 175,000 a year. 502's AED 104,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,230 sqft | 1,500,000 | 1,219 | ||
| 10 Feb 202610 February 2026 | 1,230 sqft | 360,000 | 292 | ||
| 11 Dec 202511 December 2025 | 1,649 sqft | 2,000,000 | 1,213 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 |
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 | |||||
|---|---|---|---|---|---|
| 501 | Studio | 417 sqft | AED 705KAED 705,000 · Oct 2016October 2016 | 56,000 /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 |
502, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 14 February 2013 for AED 2,002,050, or AED 1,627 per sqft.
- Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 63,000 in 2021 and recovered to AED 104,000 by September 2025.
- At AED 104,000 a year the gross yield on the 2013 price is 5.2%.
- Two-beds in Capital Bay Towers 2 sold for AED 1,500,000–2,000,000 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 September 2025.
Questions about 502, Capital Bay Towers 2
What did unit 502 last sell for?
AED 2,002,050 on 14 February 2013, sold by the developer: AED 1,627 per sqft for 1,230 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 104,000 a year on the contract renewed on 5 September 2025. The previous contract, from September 2024, was AED 104,000; the unit has been rented since July 2018.
How big is unit 502?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Capital Bay Towers 2 sold for AED 1,500,000 to 2,000,000 in the last 12 months, around AED 1,216 per sqft.
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Mortgage on 502, Capital Bay Towers 2
Starts from the last sale price (AED 2M, 14 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,002,050
- Deposit, UAE resident (20%)
- AED 400,410
- Deposit, non-resident (40%)
- AED 800,820
- Monthly over 25 years at 3.7%
- AED 8,191
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →