Studio · 429 sqftCapital Bay Towers 2, Business Bay · 5th floor · completed 2014

503, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 430K29 September 2020
Current rentAED 45K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Capital Bay Towers 2

What is 503 worth today?

Last sold for AED 430,000 in 2020

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10 Jul 2026RentedNew contract
AED 45,000/yr12 months · AED 105 per sqft
3 Oct 2025RentedRenewal
AED 55,125/yr12 months · AED 128 per sqft
3 Oct 2024RentedRenewal
AED 55,125/yr12 months · AED 128 per sqft
3 Oct 2023RentedNew contract
AED 52,500/yr12 months · AED 122 per sqft
15 Jul 2022RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
21 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 65 per sqft
29 Sep 2020SoldReady
AED 430,000AED 1,002 per sqft
5 Oct 2019RentedRenewal
AED 48,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
5th of 18
Parking
B1-62
Developer
DAMAC
Completed
2014
Last sold
AED 430K · September 2020

About 503, Capital Bay Towers 2

503 is a studio of 429 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 29 September 2020 for AED 430,000, or AED 1,002 per sqft, in line with the AED 1,002 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 10 July 2026, is AED 45,000 a year: a gross yield of 10.5% on the 2020 price.

Sales and rents for 503 over time

Sales
Unit 503, 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, February 2013: AED 793,800 (AED 1,850 per sqft)Sold, March 2015: AED 793,800 (AED 1,850 per sqft)Sold, September 2020: AED 430,000 (AED 1,002 per sqft)

503 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 503, each contractTypical studio in Capital Bay Towers 2
25K50K75K2015201920232027Typical 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, October 2017: AED 60,000 a yearRenewal, October 2018: AED 60,000 a yearNew contract, October 2018: AED 58,000 a yearRenewal, October 2019: AED 48,000 a yearNew contract, November 2020: AED 28,000 a yearNew contract, July 2022: AED 42,000 a yearNew contract, October 2023: AED 52,500 a yearRenewal, October 2024: AED 55,125 a yearRenewal, October 2025: AED 55,125 a yearNew contract, July 2026: AED 45,000 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 503 sits

All 91 studios →

503 last sold in September 2020 at AED 1,002 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,002). 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. 503's AED 45,000 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 5th floor

All 163 units in Capital Bay Towers 2
Value
501StudioAED 705K · Oct 2016
5022-bedAED 2M · Feb 2013
504StudioAED 912K · Jan 2015
505StudioAED 1.08M · Nov 2015
5062-bedAED 2M · Dec 2025
5071-bedAED 1.12M · Nov 2025
508StudioAED 520K · Jun 2021
1–7 of 9

503, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 11 February 2013 for AED 793,800, last on 29 September 2020 for AED 430,000 (AED 1,002 per sqft).
  • Rented since October 2017 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2020 and recovered to AED 45,000 by July 2026.
  • At AED 45,000 a year the gross yield on the 2020 price is 10.5%.
  • 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 July 2026.

Questions about 503, Capital Bay Towers 2

What did unit 503 last sell for?

AED 430,000 on 29 September 2020: AED 1,002 per sqft for 429 sqft. The unit has 3 registered sales; the first was AED 793,800 in February 2013.

What is the rent for unit 503?

AED 45,000 a year on the contract signed on 10 July 2026. The previous contract, from October 2025, was AED 55,125; the unit has been rented since October 2017.

How big is unit 503?

429 sqft (39.9 sqm): a studio on the 5th floor of a 18-storey tower completed in 2014.

What is unit 503 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 503, Capital Bay Towers 2

Starts from the last sale price (AED 430K, 29 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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