505, Capital Bay Towers 2
Sold prices and rental history: sold once, by the developer in November 2015, 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 505, Capital Bay Towers 2
What is 505 worth today?
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Source: Dubai Land Department. Updated 5 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 564 sqft
- Floor
- 5th of 18
- Parking
- B1-64
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.08M · November 2015
- Building
- Capital Bay Towers 2
About 505, Capital Bay Towers 2
505 is a studio of 564 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 5 November 2015 for AED 1,075,000, or AED 1,907 per sqft, 4% above the AED 1,831 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 5 June 2025, is AED 55,000 a year: a gross yield of 5.1% on the 2015 price.
Sales and rents for 505 over time
505 has sold once; 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 505 sits
All 91 studios →505 last sold in November 2015 at AED 1,907 per sqft, 4% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,831). 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. 505's AED 55,000 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 | |||||
|---|---|---|---|---|---|
| 501 | Studio | 417 sqft | AED 705KAED 705,000 · Oct 2016October 2016 | 56,000 /yr | |
| 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 | |
| 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 |
505, Capital Bay Towers 2 in numbers
- Sold once: by DAMAC on 5 November 2015 for AED 1,075,000, or AED 1,907 per sqft.
- Rented since December 2015 on 10 Ejari contracts. The rent fell from AED 78,000 to AED 36,000 in 2021 and recovered to AED 55,000 by June 2025.
- At AED 55,000 a year the gross yield on the 2015 price is 5.1%.
- 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 5 June 2025.
Questions about 505, Capital Bay Towers 2
What did unit 505 last sell for?
AED 1,075,000 on 5 November 2015, sold by the developer: AED 1,907 per sqft for 564 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 55,000 a year on the contract signed on 5 June 2025. The previous contract, from March 2024, was AED 50,000; the unit has been rented since December 2015.
How big is unit 505?
564 sqft (52.4 sqm): a studio on the 5th floor of a 18-storey tower completed in 2014.
What is unit 505 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 505, Capital Bay Towers 2
Starts from the last sale price (AED 1.08M, 5 November 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,075,000
- Deposit, UAE resident (20%)
- AED 215,000
- Deposit, non-resident (40%)
- AED 430,000
- Monthly over 25 years at 3.7%
- AED 4,398
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →