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Studio · 627 sqftCapital Bay Towers 2, Business Bay · 8th floor · completed 2014

808, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in February 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 1 July 2020
Last soldAED 1.08M16 February 2015
Current rentAED 40K /yr1 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 808, Capital Bay Towers 2

What is 808 worth today?

Last sold for AED 1,082,900 in 2015

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1 Jul 2020RentedNew contract
AED 40,000/yr13 months · AED 64 per sqft
25 Feb 2019RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
16 Feb 2015SoldReady
AED 1,082,900AED 1,727 per sqft
25 Jul 2013Sold by developerOff-plan
AED 1,082,900AED 1,727 per sqft

Source: Dubai Land Department. Updated 1 July 2020.

Key facts

Type
Studio apartment
Size
627 sqft
Floor
8th of 18
Parking
B1-100
Developer
DAMAC
Completed
2014
Last sold
AED 1.08M · February 2015
Building
Capital Bay Towers 2

About 808, Capital Bay Towers 2

808 is a studio of 627 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 16 February 2015 for AED 1,082,900, or AED 1,727 per sqft, 3% below the AED 1,788 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 July 2020, is AED 40,000 a year: a gross yield of 3.7% on the 2015 price.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical studio in Capital Bay Towers 2
500K1M2013201720212025Typical 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, July 2013: AED 1,082,900 (AED 1,727 per sqft)Sold, February 2015: AED 1,082,900 (AED 1,727 per sqft)

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

Rents
Unit 808, 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, February 2019: AED 55,000 a yearNew contract, July 2020: 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 808 sits

All 91 studios →

808 last sold in February 2015 at AED 1,727 per sqft, 3% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,788). 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. 808'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
804StudioAED 813K · Mar 2016
805StudioAED 875K · Jan 2017
8062-bedAED 1.45M · Oct 2023
8071-bedAED 1.13M · Feb 2026
1–7 of 9

808, Capital Bay Towers 2 in numbers

  • Sold twice: first on 25 July 2013 for AED 1,082,900, last on 16 February 2015 for AED 1,082,900 (AED 1,727 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 55,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2015 price is 3.7%.
  • 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 July 2020.

Questions about 808, Capital Bay Towers 2

What did unit 808 last sell for?

AED 1,082,900 on 16 February 2015: AED 1,727 per sqft for 627 sqft. The unit has 2 registered sales; the first was AED 1,082,900 in July 2013.

What is the rent for unit 808?

AED 40,000 a year on the contract signed on 1 July 2020. The previous contract, from February 2019, was AED 55,000.

How big is unit 808?

627 sqft (58.3 sqm): a studio on the 8th floor of a 18-storey tower completed in 2014.

What is unit 808 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 808, Capital Bay Towers 2

Starts from the last sale price (AED 1.08M, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,082,900
Deposit, UAE resident (20%)
AED 216,580
Deposit, non-resident (40%)
AED 433,160
Monthly over 25 years at 3.7%
AED 4,430

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