509, Capital Bay Towers 2
Sold prices and rental history: sold twice, last in March 2023, 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 509, Capital Bay Towers 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 6 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,377 sqft
- Floor
- 5th of 18
- Parking
- B1-68
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.2M · March 2023
- Building
- Capital Bay Towers 2
About 509, Capital Bay Towers 2
509 is a two-bedroom apartment of 1,377 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 31 March 2023 for AED 1,200,000, or AED 871 per sqft, in line with the AED 871 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 6 January 2026, is AED 130,000 a year: a gross yield of 10.8% on the 2023 price.
Sales and rents for 509 over time
509 has sold twice; 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 509 sits
All 42 2-beds →509 last sold in March 2023 at AED 871 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 871). 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. 509's AED 130,000 is in the upper 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 | ||
| 11 Dec 202511 December 2025 | 1,649 sqft | 2,000,000 | 1,213 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 |
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 | |
| 508 | Studio | 621 sqft | AED 520KAED 520,000 · Jun 2021June 2021 | 65,000 /yr | |
| 510 | Studio | 504 sqft | AED 595KAED 595,000 · May 2018May 2018 | 80,000 /yr |
509, Capital Bay Towers 2 in numbers
- Sold twice: first on 19 March 2014 for AED 2,256,000, last on 31 March 2023 for AED 1,200,000 (AED 871 per sqft).
- Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 130,000 by January 2026.
- At AED 130,000 a year the gross yield on the 2023 price is 10.8%.
- 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 6 January 2026.
Questions about 509, Capital Bay Towers 2
What did unit 509 last sell for?
AED 1,200,000 on 31 March 2023: AED 871 per sqft for 1,377 sqft. The unit has 2 registered sales; the first was AED 2,256,000 in March 2014.
What is the rent for unit 509?
AED 130,000 a year on the contract renewed on 6 January 2026. The previous contract, from January 2025, was AED 130,000; the unit has been rented since October 2017.
How big is unit 509?
1,377 sqft (127.9 sqm): a two-bedroom apartment on the 5th floor of a 18-storey tower completed in 2014.
What is unit 509 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 509, Capital Bay Towers 2
Starts from the last sale price (AED 1.2M, 31 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →