508, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Capital Bay Towers 2
What is 508 worth today?
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Source: Dubai Land Department. Updated 17 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 621 sqft
- Floor
- 5th of 18
- Parking
- B1-67
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 520K · June 2021
- Building
- Capital Bay Towers 2
About 508, Capital Bay Towers 2
508 is a studio of 621 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 27 June 2021 for AED 520,000, or AED 837 per sqft, in line with the AED 828 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 17 June 2026, is AED 65,000 a year: a gross yield of 12.5% on the 2021 price.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 91 studios →508 last sold in June 2021 at AED 837 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 828). 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. 508's AED 65,000 is in the upper 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 | |
| 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 | |
| 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 |
508, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 13 May 2014 for AED 1,140,000, last on 27 June 2021 for AED 520,000 (AED 837 per sqft).
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2023 and recovered to AED 65,000 by June 2026.
- At AED 65,000 a year the gross yield on the 2021 price is 12.5%.
- 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 17 June 2026.
Questions about 508, Capital Bay Towers 2
What did unit 508 last sell for?
AED 520,000 on 27 June 2021: AED 837 per sqft for 621 sqft. The unit has 3 registered sales; the first was AED 1,140,000 in May 2014.
What is the rent for unit 508?
AED 65,000 a year on the contract signed on 17 June 2026. The previous contract, from May 2025, was AED 75,000; the unit has been rented since August 2017.
How big is unit 508?
621 sqft (57.7 sqm): a studio on the 5th floor of a 18-storey tower completed in 2014.
What is unit 508 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 508, Capital Bay Towers 2
Starts from the last sale price (AED 520K, 27 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →