Studio · 429 sqftCapital Bay Towers 2, Business Bay · 8th floor · completed 2014

803, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 760K20 October 2016
Current rentAED 51K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Capital Bay Towers 2

What is 803 worth today?

Last sold for AED 760,000 in 2016

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28 Jan 2026RentedRenewal
AED 51,450/yr12 months · AED 120 per sqft
28 Jan 2025RentedRenewal
AED 47,500/yr12 months · AED 111 per sqft
28 Jan 2025RentedRenewal
AED 47,500/yr12 months · AED 111 per sqft
28 Jan 2024RentedNew contract
AED 44,000/yr12 months · AED 103 per sqft
28 Jan 2023RentedRenewal
AED 40,500/yr12 months · AED 94 per sqft
28 Jan 2022RentedRenewal
AED 38,500/yr12 months · AED 89 per sqft
28 Jan 2021RentedRenewal
AED 38,500/yr12 months · AED 89 per sqft
28 Jan 2020RentedRenewal
AED 46,500/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
8th of 18
Parking
B1-95
Developer
DAMAC
Completed
2014
Last sold
AED 760K · October 2016

About 803, Capital Bay Towers 2

803 is a studio of 429 sqft on the 8th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 20 October 2016 for AED 760,000, or AED 1,771 per sqft, 5% above the AED 1,686 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 28 January 2026, is AED 51,450 a year: a gross yield of 6.8% on the 2016 price.

Sales and rents for 803 over time

Sales
Unit 803, 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, May 2013: AED 807,100 (AED 1,881 per sqft)Sold, October 2016: AED 760,000 (AED 1,771 per sqft)

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

Rents
Unit 803, 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, August 2015: AED 65,000 a yearNew contract, December 2016: AED 67,000 a yearNew contract, January 2018: AED 55,000 a yearRenewal, January 2019: AED 52,000 a yearRenewal, January 2020: AED 46,500 a yearRenewal, January 2021: AED 38,500 a yearRenewal, January 2022: AED 38,500 a yearRenewal, January 2023: AED 40,500 a yearNew contract, January 2024: AED 44,000 a yearRenewal, January 2025: AED 47,500 a yearRenewal, January 2025: AED 47,500 a yearRenewal, January 2026: AED 51,450 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 803 sits

All 91 studios →

803 last sold in October 2016 at AED 1,771 per sqft, 5% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,686). 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. 803's AED 51,450 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 8th floor

All 163 units in Capital Bay Towers 2
Value
801StudioAED 665K · Mar 2025
8022-bedAED 1.4M · Oct 2025
804StudioAED 813K · Mar 2016
805StudioAED 875K · Jan 2017
8062-bedAED 1.45M · Oct 2023
8071-bedAED 1.13M · Feb 2026
808StudioAED 1.08M · Feb 2015
1–7 of 9

803, Capital Bay Towers 2 in numbers

  • Sold twice: first on 9 May 2013 for AED 807,100, last on 20 October 2016 for AED 760,000 (AED 1,771 per sqft).
  • Rented since August 2015 on 12 Ejari contracts. The rent fell from AED 65,000 to AED 38,500 in 2022 and recovered to AED 51,450 by January 2026.
  • At AED 51,450 a year the gross yield on the 2016 price is 6.8%.
  • 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 28 January 2026.

Questions about 803, Capital Bay Towers 2

What did unit 803 last sell for?

AED 760,000 on 20 October 2016: AED 1,771 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 807,100 in May 2013.

What is the rent for unit 803?

AED 51,450 a year on the contract renewed on 28 January 2026. The previous contract, from January 2025, was AED 47,500; the unit has been rented since August 2015.

How big is unit 803?

429 sqft (39.9 sqm): a studio on the 8th floor of a 18-storey tower completed in 2014.

What is unit 803 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 803, Capital Bay Towers 2

Starts from the last sale price (AED 760K, 20 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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