702, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Capital Bay Towers 2
What is 702 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 24 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,230 sqft
- Floor
- 7th of 18
- Parking
- B1-84
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 1.39M · October 2024
- Building
- Capital Bay Towers 2
About 702, Capital Bay Towers 2
702 is a two-bedroom apartment of 1,230 sqft on the 7th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 24 October 2024 for AED 1,390,000, or AED 1,130 per sqft, in line with the AED 1,109 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 1 May 2023, is AED 72,000 a year: a gross yield of 5.2% on the 2024 price.
Sales and rents for 702 over time
702 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 702 sits
All 42 2-beds →702 last sold in October 2024 at AED 1,130 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,109). 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. 702's AED 72,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,230 sqft | 1,500,000 | 1,219 | ||
| 10 Feb 202610 February 2026 | 1,230 sqft | 360,000 | 292 | ||
| 11 Dec 202511 December 2025 | 1,649 sqft | 2,000,000 | 1,213 | ||
| 4 Nov 20254 November 2025 | 1,377 sqft | 1,480,000 | 1,074 |
Capital Bay Towers 2
Building163 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%
Other units on the 7th floor
All 163 units in Capital Bay Towers 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 417 sqft | AED 560KAED 560,000 · Oct 2023October 2023 | 36,000 /yr | |
| 703 | Studio | 429 sqft | AED 420KAED 420,000 · Apr 2021April 2021 | 55,000 /yr | |
| 704 | Studio | 540 sqft | AED 850KAED 850,000 · Nov 2015November 2015 | 55,000 /yr | |
| 705 | Studio | 564 sqft | AED 600KAED 600,000 · Feb 2023February 2023 | 50,000 /yr | |
| 706 | 2-bed | 1,649 sqft | AED 1.75MAED 1,749,718 · Sep 2024September 2024 | 115,000 /yr | |
| 707 | 1-bed | 1,032 sqft | AED 950KAED 950,000 · Feb 2024February 2024 | 85,000 /yr | |
| 708 | Studio | 621 sqft | AED 1.04MAED 1,044,450 · Dec 2013December 2013 | 55,125 /yr | |
| 709 | 2-bed | 1,377 sqft | AED 1.48MAED 1,480,000 · Nov 2025November 2025 | 120,000 /yr | |
| 710 | Studio | 504 sqft | AED 755KAED 755,000 · Feb 2025February 2025 | 43,500 /yr |
702, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 13 May 2014 for AED 2,144,520, last on 24 October 2024 for AED 1,390,000 (AED 1,130 per sqft).
- Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2022 and recovered to AED 72,000 by May 2023.
- At AED 72,000 a year the gross yield on the 2024 price is 5.2%.
- 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 24 October 2024.
Questions about 702, Capital Bay Towers 2
What did unit 702 last sell for?
AED 1,390,000 on 24 October 2024: AED 1,130 per sqft for 1,230 sqft. The unit has 3 registered sales; the first was AED 2,144,520 in May 2014.
What is the rent for unit 702?
AED 72,000 a year on the contract renewed on 1 May 2023. The previous contract, from May 2022, was AED 60,000; the unit has been rented since December 2016.
How big is unit 702?
1,230 sqft (114.3 sqm): a two-bedroom apartment on the 7th floor of a 18-storey tower completed in 2014.
What is unit 702 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 702? 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.
Mortgage on 702, Capital Bay Towers 2
Starts from the last sale price (AED 1.39M, 24 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,390,000
- Deposit, UAE resident (20%)
- AED 278,000
- Deposit, non-resident (40%)
- AED 556,000
- Monthly over 25 years at 3.7%
- AED 5,687
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →