2-bed · 1,649 sqftCapital Bay Towers 2, Business Bay · 8th floor · completed 2014

806, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 1.45M24 October 2023
Current rentAED 76K /yr1 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Capital Bay Towers 2

What is 806 worth today?

Last sold for AED 1,450,000 in 2023

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24 Oct 2023SoldReady
AED 1,450,000AED 879 per sqft
1 Oct 2021RentedRenewal
AED 75,750/yr10 months · AED 46 per sqft
1 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 39 per sqft
1 Oct 2019RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
18 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
1 Jun 2017RentedRenewal
AED 140,000/yr12 months · AED 85 per sqft
1 Jun 2016RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
1 Mar 2015RentedNew contract
AED 145,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
2-bed apartment
Size
1,649 sqft
Floor
8th of 18
Parking
B1-98
Developer
DAMAC
Completed
2014
Last sold
AED 1.45M · October 2023

About 806, Capital Bay Towers 2

806 is a two-bedroom apartment of 1,649 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 24 October 2023 for AED 1,450,000, or AED 879 per sqft, in line with the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 October 2021, is AED 75,750 a year: a gross yield of 5.2% on the 2023 price.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Capital Bay Towers 2
1M2M3M2012201620202024Typical sale price by year: 2012 AED 2,627,794; 2013 AED 2,256,000; 2014 AED 2,627,175; 2015 AED 2,428,180; 2016 AED 1,550,000; 2022 AED 1,200,000; 2023 AED 1,300,000; 2024 AED 1,420,000; 2025 AED 1,490,000Sold by developer, March 2014: AED 2,863,960 (AED 1,737 per sqft)Sold, February 2015: AED 2,863,960 (AED 1,737 per sqft)Sold, October 2023: AED 1,450,000 (AED 879 per sqft)

806 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, each contractTypical two-bed in Capital Bay Towers 2
100K150K20152018202120242027Typical rent by year: 2015 AED 145,000; 2016 AED 130,000; 2017 AED 120,000; 2018 AED 100,541; 2019 AED 87,500; 2020 AED 72,500; 2021 AED 73,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,250; 2025 AED 115,000; 2026 AED 115,000New contract, March 2015: AED 145,000 a yearNew contract, June 2016: AED 140,000 a yearRenewal, June 2017: AED 140,000 a yearNew contract, August 2018: AED 90,000 a yearNew contract, October 2019: AED 85,000 a yearRenewal, October 2020: AED 65,000 a yearRenewal, October 2021: AED 75,750 a year

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 806 sits

All 42 2-beds →

806 last sold in October 2023 at AED 879 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 879). 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. 806's AED 75,750 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Feb 20261,500,000
10 Feb 2026360,000
11 Dec 20252,000,000
4 Nov 20251,480,000
3 2-bed 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
804StudioAED 813K · Mar 2016
805StudioAED 875K · Jan 2017
8071-bedAED 1.13M · Feb 2026
808StudioAED 1.08M · Feb 2015
1–7 of 9

806, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 5 March 2014 for AED 2,863,960, last on 24 October 2023 for AED 1,450,000 (AED 879 per sqft).
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 145,000 to AED 65,000 in 2020 and recovered to AED 75,750 by October 2021.
  • At AED 75,750 a year the gross yield on the 2023 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 2023.

Questions about 806, Capital Bay Towers 2

What did unit 806 last sell for?

AED 1,450,000 on 24 October 2023: AED 879 per sqft for 1,649 sqft. The unit has 3 registered sales; the first was AED 2,863,960 in March 2014.

What is the rent for unit 806?

AED 75,750 a year on the contract renewed on 1 October 2021. The previous contract, from October 2020, was AED 65,000; the unit has been rented since March 2015.

How big is unit 806?

1,649 sqft (153.2 sqm): a two-bedroom apartment on the 8th floor of a 18-storey tower completed in 2014.

What is unit 806 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.

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Mortgage on 806, Capital Bay Towers 2

Starts from the last sale price (AED 1.45M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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