Studio · 504 sqftCapital Bay Towers 2, Business Bay · 6th floor · completed 2014

610, Capital Bay Towers 2

Sold prices and rental history: sold 4 times, last in October 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 840K31 October 2016
Current rentAED 52K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 610, Capital Bay Towers 2

What is 610 worth today?

Last sold for AED 840,000 in 2016

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1 Aug 2024RentedNew contract
AED 52,140/yr12 months · AED 103 per sqft
19 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
25 Feb 2021RentedRenewal
AED 36,000/yr12 months · AED 71 per sqft
25 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 89 per sqft
1 Oct 2018RentedNew contract
AED 56,000/yr12 months · AED 111 per sqft
25 Apr 2017RentedNew contract
AED 72,000/yr12 months · AED 142 per sqft
31 Oct 2016SoldReady
AED 840,000AED 1,667 per sqft
13 Jul 2016SoldReady
AED 700,000AED 1,389 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
504 sqft
Floor
6th of 18
Parking
B1-82
Developer
DAMAC
Completed
2014
Last sold
AED 840K · October 2016

About 610, Capital Bay Towers 2

610 is a studio of 504 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 31 October 2016 for AED 840,000, or AED 1,667 per sqft, in line with the AED 1,683 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 52,140 a year: a gross yield of 6.2% on the 2016 price.

Sales and rents for 610 over time

Sales
Unit 610, 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, July 2013: AED 944,300 (AED 1,874 per sqft)Sold, February 2015: AED 944,300 (AED 1,874 per sqft)Sold, July 2016: AED 700,000 (AED 1,389 per sqft)Sold, October 2016: AED 840,000 (AED 1,667 per sqft)

610 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 610, 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, April 2017: AED 72,000 a yearNew contract, October 2018: AED 56,000 a yearNew contract, February 2020: AED 45,000 a yearRenewal, February 2021: AED 36,000 a yearNew contract, March 2022: AED 40,000 a yearNew contract, August 2024: AED 52,140 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 610 sits

All 91 studios →

610 last sold in October 2016 at AED 1,667 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,683). 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. 610's AED 52,140 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
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

610, Capital Bay Towers 2 in numbers

  • Sold 4 times: first on 9 July 2013 for AED 944,300, last on 31 October 2016 for AED 840,000 (AED 1,667 per sqft).
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 72,000 to AED 36,000 in 2021 and recovered to AED 52,140 by August 2024.
  • At AED 52,140 a year the gross yield on the 2016 price is 6.2%.
  • 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 2024.

Questions about 610, Capital Bay Towers 2

What did unit 610 last sell for?

AED 840,000 on 31 October 2016: AED 1,667 per sqft for 504 sqft. The unit has 4 registered sales; the first was AED 944,300 in July 2013.

What is the rent for unit 610?

AED 52,140 a year on the contract signed on 1 August 2024. The previous contract, from March 2022, was AED 40,000; the unit has been rented since April 2017.

How big is unit 610?

504 sqft (46.8 sqm): a studio on the 6th floor of a 18-storey tower completed in 2014.

What is unit 610 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 610, Capital Bay Towers 2

Starts from the last sale price (AED 840K, 31 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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