705, Capital Bay Towers 2
Sold prices and rental history: sold 4 times, last in February 2023, 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 705, Capital Bay Towers 2
What is 705 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 564 sqft
- Floor
- 7th of 18
- Parking
- B1-87
- Developer
- DAMAC
- Completed
- 2014
- Last sold
- AED 600K · February 2023
- Building
- Capital Bay Towers 2
About 705, Capital Bay Towers 2
705 is a studio of 564 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 21 February 2023 for AED 600,000, or AED 1,064 per sqft, in line with the AED 1,076 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 1 September 2026, is AED 50,000 a year: a gross yield of 8.3% on the 2023 price.
Sales and rents for 705 over time
705 has sold 4 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 705 sits
All 91 studios →705 last sold in February 2023 at AED 1,064 per sqft, in line with what studios in Capital Bay Towers 2 were fetching at the time (AED 1,076). 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. 705's AED 50,000 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 | |
| 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 | |
| 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 |
705, Capital Bay Towers 2 in numbers
- Sold 4 times: first on 11 May 2014 for AED 1,009,750, last on 21 February 2023 for AED 600,000 (AED 1,064 per sqft).
- Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 50,000 by September 2026.
- At AED 50,000 a year the gross yield on the 2023 price is 8.3%.
- 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 September 2026.
Questions about 705, Capital Bay Towers 2
What did unit 705 last sell for?
AED 600,000 on 21 February 2023: AED 1,064 per sqft for 564 sqft. The unit has 4 registered sales; the first was AED 1,009,750 in May 2014.
What is the rent for unit 705?
AED 50,000 a year on the contract signed on 1 September 2026. The previous contract, from July 2026, was AED 50,000; the unit has been rented since February 2015.
How big is unit 705?
564 sqft (52.4 sqm): a studio on the 7th floor of a 18-storey tower completed in 2014.
What is unit 705 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 705, Capital Bay Towers 2
Starts from the last sale price (AED 600K, 21 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →