703, Capital Bay Towers 2
Sold prices and rental history: sold 3 times, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Capital Bay Towers 2
What is 703 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 7th of 18
- Parking
- B1-85
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 420K · April 2021
- Building
- Capital Bay Towers 2
About 703, Capital Bay Towers 2
703 is a studio of 429 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 29 April 2021 for AED 420,000, or AED 979 per sqft, 20% above the AED 818 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 October 2025, is AED 55,000 a year: a gross yield of 13.1% on the 2021 price.
Sales and rents for 703 over time
703 has sold 3 times; the dashed line is the studio median of each year in the building.
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 703 sits
All 91 studios →703 last sold in April 2021 at AED 979 per sqft, 20% above what studios in Capital Bay Towers 2 were fetching at the time (AED 818). 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. 703's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Aug 202617 August 2026 | 429 sqft | 545,951 | 1,272 | ||
| 29 Jul 202629 July 2026 | 564 sqft | 705,000 | 1,250 | ||
| 19 Jun 202619 June 2026 | 541 sqft | 750,000 | 1,385 | ||
| 13 May 202613 May 2026 | 376 sqft | 523,462 | 1,393 |
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 | |
| 702 | 2-bed | 1,230 sqft | AED 1.39MAED 1,390,000 · Oct 2024October 2024 | 72,000 /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 |
703, Capital Bay Towers 2 in numbers
- Sold 3 times: first on 17 November 2013 for AED 721,050, last on 29 April 2021 for AED 420,000 (AED 979 per sqft).
- Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 45,478 in 2021 and recovered to AED 55,000 by October 2025.
- At AED 55,000 a year the gross yield on the 2021 price is 13.1%.
- 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 703, Capital Bay Towers 2
What did unit 703 last sell for?
AED 420,000 on 29 April 2021: AED 979 per sqft for 429 sqft. The unit has 3 registered sales; the first was AED 721,050 in November 2013.
What is the rent for unit 703?
AED 55,000 a year on the contract signed on 1 October 2025. The previous contract, from May 2025, was AED 55,000; the unit has been rented since February 2015.
How big is unit 703?
429 sqft (39.9 sqm): a studio on the 7th floor of a 18-storey tower completed in 2014.
What is unit 703 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 703, Capital Bay Towers 2
Starts from the last sale price (AED 420K, 29 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →