2-bed · 1,230 sqftCapital Bay Towers 2, Business Bay · 6th floor · completed 2014

602, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in January 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 6 January 2015
Last soldAED 2.01M6 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Capital Bay Towers 2

What is 602 worth today?

Last sold for AED 2,012,800 in 2015

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6 Jan 2015SoldReady
AED 2,012,800AED 1,636 per sqft
17 Dec 2013Sold by developerOff-plan
AED 2,012,800AED 1,636 per sqft

Source: Dubai Land Department. Updated 6 January 2015.

Key facts

Type
2-bed apartment
Size
1,230 sqft
Floor
6th of 18
Parking
B1-74
Developer
DAMAC
Completed
2014
Last sold
AED 2.01M · January 2015

About 602, Capital Bay Towers 2

602 is a two-bedroom apartment of 1,230 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 6 January 2015 for AED 2,012,800, or AED 1,636 per sqft, 6% below the AED 1,735 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Capital Bay Towers 2
1M2M2012201620202024Typical sale price by year: 2012 AED 2,627,794; 2013 AED 2,256,000; 2014 AED 2,627,175; 2015 AED 2,428,180; 2016 AED 1,550,000; 2022 AED 1,200,000; 2023 AED 1,300,000; 2024 AED 1,420,000; 2025 AED 1,490,000Sold by developer, December 2013: AED 2,012,800 (AED 1,636 per sqft)Sold, January 2015: AED 2,012,800 (AED 1,636 per sqft)

602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 602, each contractTypical two-bed in Capital Bay Towers 2
100K150K20152018202120242027Typical rent by year: 2015 AED 145,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 100,541; 2019 AED 87,500; 2020 AED 72,500; 2021 AED 73,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,250; 2025 AED 115,000; 2026 AED 115,000

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 602 sits

All 42 2-beds →

602 last sold in January 2015 at AED 1,636 per sqft, 6% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,735). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,500,000
10 Feb 2026360,000
11 Dec 20252,000,000
4 Nov 20251,480,000
3 2-bed sales in the last 12 months

Capital Bay Towers 2

Building

163 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%
Capital Bay Towers 2, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 163 units in Capital Bay Towers 2
Value
601StudioAED 700K · May 2016
603StudioAED 895K · Sep 2014
604StudioAED 760K · Jan 2026
605StudioAED 600K · Sep 2018
6062-bedAED 1.35M · Oct 2023
6071-bedAED 2.29M · Feb 2015
608StudioAED 1.04M · Jan 2015
1–7 of 9

602, Capital Bay Towers 2 in numbers

  • Sold twice: first on 17 December 2013 for AED 2,012,800, last on 6 January 2015 for AED 2,012,800 (AED 1,636 per sqft).
  • 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 2015.

Questions about 602, Capital Bay Towers 2

What did unit 602 last sell for?

AED 2,012,800 on 6 January 2015: AED 1,636 per sqft for 1,230 sqft. The unit has 2 registered sales; the first was AED 2,012,800 in December 2013.

How big is unit 602?

1,230 sqft (114.3 sqm): a two-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.

What is unit 602 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 602, Capital Bay Towers 2

Starts from the last sale price (AED 2.01M, 6 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,012,800
Deposit, UAE resident (20%)
AED 402,560
Deposit, non-resident (40%)
AED 805,120
Monthly over 25 years at 3.7%
AED 8,235

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →