2-bed · 1,230 sqftCapital Bay Towers 2, Business Bay · 9th floor · completed 2014

902, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 1.47M5 June 2024
Current rentAED 140K /yr6 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Capital Bay Towers 2

What is 902 worth today?

Last sold for AED 1,474,334 in 2024

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6 Jan 2025RentedNew contract
AED 140,000/yr12 months · AED 114 per sqft
6 Jan 2025RentedNew contract
AED 140,000/yr12 months · AED 114 per sqft
5 Jun 2024SoldReady
AED 1,474,334AED 1,198 per sqft
12 Sep 2023RentedNew contract
AED 121,000/yr12 months · AED 98 per sqft
20 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 53 per sqft
15 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
16 Feb 2015SoldReady
AED 2,138,600AED 1,739 per sqft
10 Jun 2014Sold by developerOff-plan
AED 2,138,600AED 1,739 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
2-bed apartment
Size
1,230 sqft
Floor
9th of 18
Parking
B1-104
Developer
DAMAC
Completed
2014
Last sold
AED 1.47M · June 2024

About 902, Capital Bay Towers 2

902 is a two-bedroom apartment of 1,230 sqft on the 9th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 5 June 2024 for AED 1,474,334, or AED 1,198 per sqft, 36% above the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 6 January 2025, is AED 140,000 a year: a gross yield of 9.5% on the 2024 price.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical two-bed in Capital Bay Towers 2
1M2M2012201620202024Typical 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, June 2014: AED 2,138,600 (AED 1,739 per sqft)Sold, February 2015: AED 2,138,600 (AED 1,739 per sqft)Sold, June 2024: AED 1,474,334 (AED 1,198 per sqft)

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

Rents
Unit 902, 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, August 2019: AED 85,000 a yearNew contract, November 2020: AED 65,000 a yearNew contract, September 2023: AED 121,000 a yearNew contract, January 2025: AED 140,000 a yearNew contract, January 2025: AED 140,000 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 902 sits

All 42 2-beds →

902 last sold in June 2024 at AED 1,198 per sqft, 36% above 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. 902's AED 140,000 is in the upper half 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 9th floor

All 163 units in Capital Bay Towers 2
Value
901StudioAED 785K · Jan 2015
903StudioAED 535K · Nov 2018
904StudioAED 640K · Nov 2023
905StudioAED 1.02M · Oct 2015
9062-bedAED 2.69M · Dec 2013
9071-bedAED 1.8M · Feb 2015
908StudioAED 1.05M · Dec 2013
1–7 of 9

902, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 10 June 2014 for AED 2,138,600, last on 5 June 2024 for AED 1,474,334 (AED 1,198 per sqft).
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2020 and recovered to AED 140,000 by January 2025.
  • At AED 140,000 a year the gross yield on the 2024 price is 9.5%.
  • 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 6 January 2025.

Questions about 902, Capital Bay Towers 2

What did unit 902 last sell for?

AED 1,474,334 on 5 June 2024: AED 1,198 per sqft for 1,230 sqft. The unit has 3 registered sales; the first was AED 2,138,600 in June 2014.

What is the rent for unit 902?

AED 140,000 a year on the contract signed on 6 January 2025. The previous contract, from January 2025, was AED 140,000; the unit has been rented since August 2019.

How big is unit 902?

1,230 sqft (114.3 sqm): a two-bedroom apartment on the 9th floor of a 18-storey tower completed in 2014.

What is unit 902 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 902, Capital Bay Towers 2

Starts from the last sale price (AED 1.47M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,474,334
Deposit, UAE resident (20%)
AED 294,867
Deposit, non-resident (40%)
AED 589,734
Monthly over 25 years at 3.7%
AED 6,032

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