Studio · 621 sqftCapital Bay Towers 2, Business Bay · 6th floor · completed 2014

608, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 1.04M20 January 2015
Current rentAED 67K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Capital Bay Towers 2

What is 608 worth today?

Last sold for AED 1,044,450 in 2015

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1 Oct 2025RentedRenewal
AED 67,000/yr12 months · AED 107 per sqft
1 Oct 2024RentedNew contract
AED 67,000/yr12 months · AED 107 per sqft
20 Jun 2020RentedRenewal
AED 40,000/yr12 months · AED 64 per sqft
20 Jun 2019RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
20 Jan 2015SoldReady
AED 1,044,450AED 1,683 per sqft
8 Dec 2013Sold by developerOff-plan
AED 1,044,450AED 1,683 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
Studio apartment
Size
621 sqft
Floor
6th of 18
Parking
B1-80
Developer
DAMAC
Completed
2014
Last sold
AED 1.04M · January 2015

About 608, Capital Bay Towers 2

608 is a studio of 621 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 20 January 2015 for AED 1,044,450, or AED 1,683 per sqft, 6% below the AED 1,791 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 67,000 a year: a gross yield of 6.4% on the 2015 price.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical studio in Capital Bay Towers 2
500K1M2013201720212025Typical 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, December 2013: AED 1,044,450 (AED 1,683 per sqft)Sold, January 2015: AED 1,044,450 (AED 1,683 per sqft)

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

Rents
Unit 608, 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, June 2019: AED 48,000 a yearRenewal, June 2020: AED 40,000 a yearNew contract, October 2024: AED 67,000 a yearRenewal, October 2025: AED 67,000 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 608 sits

All 91 studios →

608 last sold in January 2015 at AED 1,683 per sqft, 6% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,791). 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. 608's AED 67,000 is in the upper 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
603StudioAED 895K · Sep 2014
604StudioAED 760K · Jan 2026
605StudioAED 600K · Sep 2018
6062-bedAED 1.35M · Oct 2023
6071-bedAED 2.29M · Feb 2015
1–7 of 9

608, Capital Bay Towers 2 in numbers

  • Sold twice: first on 8 December 2013 for AED 1,044,450, last on 20 January 2015 for AED 1,044,450 (AED 1,683 per sqft).
  • Rented since June 2019 on 4 Ejari contracts. The rent fell from AED 48,000 to AED 40,000 in 2020 and recovered to AED 67,000 by October 2025.
  • At AED 67,000 a year the gross yield on the 2015 price is 6.4%.
  • 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 October 2025.

Questions about 608, Capital Bay Towers 2

What did unit 608 last sell for?

AED 1,044,450 on 20 January 2015: AED 1,683 per sqft for 621 sqft. The unit has 2 registered sales; the first was AED 1,044,450 in December 2013.

What is the rent for unit 608?

AED 67,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 67,000; the unit has been rented since June 2019.

How big is unit 608?

621 sqft (57.7 sqm): a studio on the 6th floor of a 18-storey tower completed in 2014.

What is unit 608 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 608, Capital Bay Towers 2

Starts from the last sale price (AED 1.04M, 20 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,044,450
Deposit, UAE resident (20%)
AED 208,890
Deposit, non-resident (40%)
AED 417,780
Monthly over 25 years at 3.7%
AED 4,273

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