2-bed · 1,649 sqftCapital Bay Towers 2, Business Bay · 6th floor · completed 2014

606, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 1.35M17 October 2023
Current rentAED 75K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Capital Bay Towers 2

What is 606 worth today?

Last sold for AED 1,350,000 in 2023

Unlock today's estimate, updated daily, with

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

17 Oct 2023SoldReady
AED 1,350,000AED 818 per sqft
1 Aug 2020RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
1 Aug 2019RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
1 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
20 Sep 2016RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
17 Feb 2015SoldReady
AED 2,940,250AED 1,783 per sqft
9 Jun 2014Sold by developerOff-plan
AED 2,940,250AED 1,783 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type
2-bed apartment
Size
1,649 sqft
Floor
6th of 18
Parking
B1-78
Developer
DAMAC
Completed
2014
Last sold
AED 1.35M · October 2023

About 606, Capital Bay Towers 2

606 is a two-bedroom apartment of 1,649 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 17 October 2023 for AED 1,350,000, or AED 818 per sqft, 7% below the AED 880 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 75,000 a year: a gross yield of 5.6% on the 2023 price.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Capital Bay Towers 2
1M2M3M2012201620202024Typical 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, June 2014: AED 2,940,250 (AED 1,783 per sqft)Sold, February 2015: AED 2,940,250 (AED 1,783 per sqft)Sold, October 2023: AED 1,350,000 (AED 818 per sqft)

606 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 606, 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 115,000New contract, September 2016: AED 140,000 a yearNew contract, August 2018: AED 100,000 a yearRenewal, August 2019: AED 85,000 a yearRenewal, August 2020: AED 75,000 a year

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 606 sits

All 42 2-beds →

606 last sold in October 2023 at AED 818 per sqft, 7% below what two-beds in Capital Bay Towers 2 were fetching at the time (AED 880). 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. 606's AED 75,000 is at the bottom of that range.

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
6022-bedAED 2.01M · Jan 2015
603StudioAED 895K · Sep 2014
604StudioAED 760K · Jan 2026
605StudioAED 600K · Sep 2018
6071-bedAED 2.29M · Feb 2015
608StudioAED 1.04M · Jan 2015
1–7 of 9

606, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 9 June 2014 for AED 2,940,250, last on 17 October 2023 for AED 1,350,000 (AED 818 per sqft).
  • Rented since September 2016 on 4 Ejari contracts, from AED 140,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 5.6%.
  • 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 17 October 2023.

Questions about 606, Capital Bay Towers 2

What did unit 606 last sell for?

AED 1,350,000 on 17 October 2023: AED 818 per sqft for 1,649 sqft. The unit has 3 registered sales; the first was AED 2,940,250 in June 2014.

What is the rent for unit 606?

AED 75,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 85,000; the unit has been rented since September 2016.

How big is unit 606?

1,649 sqft (153.2 sqm): a two-bedroom apartment on the 6th floor of a 18-storey tower completed in 2014.

What is unit 606 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.

Selling 606? 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 606, Capital Bay Towers 2

Starts from the last sale price (AED 1.35M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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