Studio · 540 sqftCapital Bay Towers 2, Business Bay · 8th floor · completed 2014

804, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in March 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 21 September 2022
Last soldAED 813K22 March 2016
Current rentAED 40K /yr21 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Capital Bay Towers 2

What is 804 worth today?

Last sold for AED 812,500 in 2016

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21 Sep 2022RentedRenewal
AED 40,000/yr12 months · AED 74 per sqft
22 Sep 2021RentedRenewal
AED 40,108/yr12 months · AED 75 per sqft
22 Sep 2020RentedRenewal
AED 40,000/yr12 months · AED 74 per sqft
22 Sep 2019RentedRenewal
AED 40,000/yr12 months · AED 74 per sqft
20 Sep 2018RentedNew contract
AED 51,000/yr12 months · AED 95 per sqft
1 Feb 2018RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
15 Dec 2016RentedNew contract
AED 64,826/yr12 months · AED 120 per sqft
22 Mar 2016SoldReady
AED 812,500AED 1,503 per sqft

Source: Dubai Land Department. Updated 21 September 2022.

Key facts

Type
Studio apartment
Size
540 sqft
Floor
8th of 18
Parking
B1-96
Developer
DAMAC
Completed
2014
Last sold
AED 813K · March 2016

About 804, Capital Bay Towers 2

804 is a studio of 540 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 22 March 2016 for AED 812,500, or AED 1,503 per sqft, 14% below the AED 1,749 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 21 September 2022, is AED 40,000 a year: a gross yield of 4.9% on the 2016 price.

Sales and rents for 804 over time

Sales
Unit 804, 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, June 2014: AED 912,450 (AED 1,688 per sqft)Sold, February 2015: AED 912,450 (AED 1,688 per sqft)Sold, March 2016: AED 812,500 (AED 1,503 per sqft)

804 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 804, 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, December 2016: AED 64,826 a yearNew contract, February 2018: AED 60,000 a yearNew contract, September 2018: AED 51,000 a yearRenewal, September 2019: AED 40,000 a yearRenewal, September 2020: AED 40,000 a yearRenewal, September 2021: AED 40,108 a yearRenewal, September 2022: AED 40,000 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 804 sits

All 91 studios →

804 last sold in March 2016 at AED 1,503 per sqft, 14% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,749). 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. 804's AED 40,000 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
803StudioAED 760K · Oct 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

804, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 10 June 2014 for AED 912,450, last on 22 March 2016 for AED 812,500 (AED 1,503 per sqft).
  • Rented since December 2016 on 7 Ejari contracts, from AED 64,826 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 4.9%.
  • 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 21 September 2022.

Questions about 804, Capital Bay Towers 2

What did unit 804 last sell for?

AED 812,500 on 22 March 2016: AED 1,503 per sqft for 540 sqft. The unit has 3 registered sales; the first was AED 912,450 in June 2014.

What is the rent for unit 804?

AED 40,000 a year on the contract renewed on 21 September 2022. The previous contract, from September 2021, was AED 40,108; the unit has been rented since December 2016.

How big is unit 804?

540 sqft (50.2 sqm): a studio on the 8th floor of a 18-storey tower completed in 2014.

What is unit 804 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 804, Capital Bay Towers 2

Starts from the last sale price (AED 813K, 22 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 812,500
Deposit, UAE resident (20%)
AED 162,500
Deposit, non-resident (40%)
AED 325,000
Monthly over 25 years at 3.7%
AED 3,324

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