506, Capital Bay Towers 2
Sold prices and rental history: sold 5 times, last in December 2025, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Capital Bay Towers 2
What is 506 worth today?
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Source: Dubai Land Department. Updated 11 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,649 sqft
- Floor
- 5th of 18
- Parking
- B1-65
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 2M · December 2025
- Building
- Capital Bay Towers 2
About 506, Capital Bay Towers 2
506 is a two-bedroom apartment of 1,649 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 11 December 2025 for AED 2,000,000, or AED 1,213 per sqft, 7% above the AED 1,136 two-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 January 2019, is AED 90,000 a year: a gross yield of 4.5% on the 2025 price.
Sales and rents for 506 over time
506 has sold 5 times; 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 506 sits
All 42 2-beds →506 last sold in December 2025 at AED 1,213 per sqft, 7% above what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,136). 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. 506's AED 90,000 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 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 | ||
| 30 Oct 202530 October 2025 | 1,230 sqft | 1,397,450 | 1,136 |
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 | |
| 505 | Studio | 564 sqft | AED 1.08MAED 1,075,000 · Nov 2015November 2015 | 55,000 /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 |
506, Capital Bay Towers 2 in numbers
- Sold 5 times: first on 28 May 2014 for AED 6,642,859, last on 11 December 2025 for AED 2,000,000 (AED 1,213 per sqft).
- Rented since April 2015 on 3 Ejari contracts, from AED 145,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2025 price is 4.5%.
- 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 11 December 2025.
Questions about 506, Capital Bay Towers 2
What did unit 506 last sell for?
AED 2,000,000 on 11 December 2025: AED 1,213 per sqft for 1,649 sqft. The unit has 5 registered sales; the first was AED 6,642,859 in May 2014.
What is the rent for unit 506?
AED 90,000 a year on the contract signed on 1 January 2019. The previous contract, from August 2016, was AED 120,000; the unit has been rented since April 2015.
How big is unit 506?
1,649 sqft (153.2 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.
What is unit 506 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 506, Capital Bay Towers 2
Starts from the last sale price (AED 2M, 11 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →