Studio · 429 sqftCapital Bay Towers 2, Business Bay · 6th floor · completed 2014

603, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 25 March 2026
Last soldAED 895K15 September 2014
Current rentAED 51K /yr25 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Capital Bay Towers 2

What is 603 worth today?

Last sold for AED 895,000 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Mar 2026RentedRenewal
AED 51,000/yr12 months · AED 119 per sqft
25 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 117 per sqft
25 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 117 per sqft
25 Mar 2024RentedRenewal
AED 52,000/yr12 months · AED 121 per sqft
25 Mar 2023RentedNew contract
AED 47,000/yr12 months · AED 110 per sqft
17 Dec 2017RentedRenewal
AED 58,000/yr12 months · AED 135 per sqft
17 Dec 2016RentedNew contract
AED 63,000/yr12 months · AED 146 per sqft
15 Sep 2014SoldOff-plan
AED 895,000AED 2,086 per sqft

Source: Dubai Land Department. Updated 25 March 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
6th of 18
Parking
B1-75
Developer
DAMAC
Completed
2014
Last sold
AED 895K · September 2014

About 603, Capital Bay Towers 2

603 is a studio of 429 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 15 September 2014 for AED 895,000, or AED 2,086 per sqft, 24% above the AED 1,688 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 March 2026, is AED 51,000 a year: a gross yield of 5.7% on the 2014 price.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in Capital Bay Towers 2
500K750K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, April 2014: AED 786,600 (AED 1,833 per sqft)Sold, September 2014: AED 895,000 (AED 2,086 per sqft)

603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 603, each contractTypical studio in Capital Bay Towers 2
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, December 2016: AED 63,000 a yearRenewal, December 2017: AED 58,000 a yearNew contract, March 2023: AED 47,000 a yearRenewal, March 2024: AED 52,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2026: AED 51,000 a year

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 603 sits

All 91 studios →

603 last sold in September 2014 at AED 2,086 per sqft, 24% above 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. 603's AED 51,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026523,462
16 studio 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
6022-bedAED 2.01M · Jan 2015
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

603, Capital Bay Towers 2 in numbers

  • Sold twice: first on 22 April 2014 for AED 786,600, last on 15 September 2014 for AED 895,000 (AED 2,086 per sqft).
  • Rented since December 2016 on 7 Ejari contracts, from AED 63,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2014 price is 5.7%.
  • 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 25 March 2026.

Questions about 603, Capital Bay Towers 2

What did unit 603 last sell for?

AED 895,000 on 15 September 2014: AED 2,086 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 786,600 in April 2014.

What is the rent for unit 603?

AED 51,000 a year on the contract renewed on 25 March 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since December 2016.

How big is unit 603?

429 sqft (39.9 sqm): a studio on the 6th floor of a 18-storey tower completed in 2014.

What is unit 603 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.

Selling 603? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 603, Capital Bay Towers 2

Starts from the last sale price (AED 895K, 15 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 895,000
Deposit, UAE resident (20%)
AED 179,000
Deposit, non-resident (40%)
AED 358,000
Monthly over 25 years at 3.7%
AED 3,662

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