601, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in May 2016, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Capital Bay Towers 2
What is 601 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 417 sqft
- Floor
- 6th of 18
- Parking
- B1-72
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 700K · May 2016
- Building
- Capital Bay Towers 2
About 601, Capital Bay Towers 2
601 is a studio of 417 sqft on the 6th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 3 May 2016 for AED 700,000, or AED 1,679 per sqft, in line with the AED 1,688 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 52,500 a year: a gross yield of 7.5% on the 2016 price.
Sales and rents for 601 over time
601 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 601 sits
All 91 studios →601 last sold in May 2016 at AED 1,679 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,688). 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. 601's AED 52,500 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 6th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,230 sqft | AED 2.01MAED 2,012,800 · Jan 2015January 2015 | ||
| 603 | Studio | 429 sqft | AED 895KAED 895,000 · Sep 2014September 2014 | 51,000 /yr | |
| 604 | Studio | 540 sqft | AED 760KAED 760,000 · Jan 2026January 2026 | 32,000 /yr | |
| 605 | Studio | 564 sqft | AED 600KAED 600,000 · Sep 2018September 2018 | 60,000 /yr | |
| 606 | 2-bed | 1,649 sqft | AED 1.35MAED 1,350,000 · Oct 2023October 2023 | 75,000 /yr | |
| 607 | 1-bed | 1,032 sqft | AED 2.29MAED 2,288,820 · Feb 2015February 2015 | ||
| 608 | Studio | 621 sqft | AED 1.04MAED 1,044,450 · Jan 2015January 2015 | 67,000 /yr | |
| 609 | 2-bed | 1,377 sqft | AED 1.2MAED 1,200,000 · Nov 2022November 2022 | 115,000 /yr | |
| 610 | Studio | 504 sqft | AED 840KAED 840,000 · Oct 2016October 2016 | 52,140 /yr |
601, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 9 October 2013 for AED 685,750, last on 3 May 2016 for AED 700,000 (AED 1,679 per sqft).
- Rented since May 2018 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 28,000 in 2020 and recovered to AED 52,500 by August 2025.
- At AED 52,500 a year the gross yield on the 2016 price is 7.5%.
- 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 1 August 2025.
Questions about 601, Capital Bay Towers 2
What did unit 601 last sell for?
AED 700,000 on 3 May 2016: AED 1,679 per sqft for 417 sqft. The unit has 3 registered sales; the first was AED 685,750 in October 2013.
What is the rent for unit 601?
AED 52,500 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 52,500; the unit has been rented since May 2018.
How big is unit 601?
417 sqft (38.7 sqm): a studio on the 6th floor of a 18-storey tower completed in 2014.
What is unit 601 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 601, Capital Bay Towers 2
Starts from the last sale price (AED 700K, 3 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →