Studio · 540 sqftCapital Bay Towers 2, Business Bay · 5th floor · completed 2014

504, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 912K6 January 2015
Current rentAED 45K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Capital Bay Towers 2

What is 504 worth today?

Last sold for AED 912,450 in 2015

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1 Jul 2026RentedNew contract
AED 45,000/yr12 months · AED 83 per sqft
16 Apr 2026RentedRenewal
AED 60,450/yr2 months · AED 112 per sqft
16 Apr 2025RentedNew contract
AED 60,900/yr12 months · AED 113 per sqft
16 Apr 2025RentedNew contract
AED 60,900/yr12 months · AED 113 per sqft
16 Apr 2024RentedNew contract
AED 58,000/yr12 months · AED 108 per sqft
16 Apr 2024RentedNew contract
AED 58,000/yr3 months · AED 108 per sqft
11 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 102 per sqft
19 May 2020RentedNew contract
AED 42,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
5th of 18
Parking
B1-63
Developer
DAMAC
Completed
2014
Last sold
AED 912K · January 2015

About 504, Capital Bay Towers 2

504 is a studio of 540 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 6 January 2015 for AED 912,450, or AED 1,688 per sqft, 6% below the AED 1,797 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 July 2026, is AED 45,000 a year: a gross yield of 4.9% on the 2015 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, December 2013: AED 912,450 (AED 1,688 per sqft)Sold, January 2015: AED 912,450 (AED 1,688 per sqft)

504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 504, each contractTypical studio in Capital Bay Towers 2
40K60K80K2015201920232027Typical 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, January 2015: AED 70,000 a yearNew contract, January 2017: AED 62,769 a yearNew contract, May 2020: AED 42,000 a yearNew contract, April 2023: AED 55,000 a yearNew contract, April 2024: AED 58,000 a yearNew contract, April 2024: AED 58,000 a yearNew contract, April 2025: AED 60,900 a yearNew contract, April 2025: AED 60,900 a yearRenewal, April 2026: AED 60,450 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 504 sits

All 91 studios →

504 last sold in January 2015 at AED 1,688 per sqft, 6% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,797). 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. 504'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
503StudioAED 430K · Sep 2020
505StudioAED 1.08M · Nov 2015
5062-bedAED 2M · Dec 2025
5071-bedAED 1.12M · Nov 2025
508StudioAED 520K · Jun 2021
1–7 of 9

504, Capital Bay Towers 2 in numbers

  • Sold twice: first on 25 December 2013 for AED 912,450, last on 6 January 2015 for AED 912,450 (AED 1,688 per sqft).
  • Rented since January 2015 on 10 Ejari contracts, from AED 70,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 4.9%.
  • 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 1 July 2026.

Questions about 504, Capital Bay Towers 2

What did unit 504 last sell for?

AED 912,450 on 6 January 2015: AED 1,688 per sqft for 540 sqft. The unit has 2 registered sales; the first was AED 912,450 in December 2013.

What is the rent for unit 504?

AED 45,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2026, was AED 60,450; the unit has been rented since January 2015.

How big is unit 504?

540 sqft (50.2 sqm): a studio on the 5th floor of a 18-storey tower completed in 2014.

What is unit 504 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 504, Capital Bay Towers 2

Starts from the last sale price (AED 912K, 6 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 912,450
Deposit, UAE resident (20%)
AED 182,490
Deposit, non-resident (40%)
AED 364,980
Monthly over 25 years at 3.7%
AED 3,733

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