Studio · 429 sqftCapital Bay Towers 2, Business Bay · 9th floor · completed 2014

903, Capital Bay Towers 2

Sold prices and rental history: sold 3 times, last in November 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 535K22 November 2018
Current rentAED 75K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Capital Bay Towers 2

What is 903 worth today?

Last sold for AED 535,000 in 2018

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1 Sep 2026RentedRenewal
AED 75,000/yr12 months · AED 174 per sqft
5 Jul 2026RentedNew contract
AED 44,000/yr12 months · AED 102 per sqft
1 Nov 2025RentedNew contract
AED 62,000/yr12 months · AED 144 per sqft
1 Sep 2025RentedRenewal
AED 63,000/yr12 months · AED 146 per sqft
27 May 2025RentedNew contract
AED 95,000/yr12 months · AED 221 per sqft
1 Sep 2024RentedRenewal
AED 74,668/yr9 months · AED 173 per sqft
1 Sep 2023RentedNew contract
AED 72,000/yr12 months · AED 167 per sqft
26 Jun 2022RentedNew contract
AED 64,621/yr12 months · AED 150 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
9th of 18
Parking
B1-105
Developer
DAMAC
Completed
2014
Last sold
AED 535K · November 2018

About 903, Capital Bay Towers 2

903 is a studio of 429 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 22 November 2018 for AED 535,000, or AED 1,247 per sqft, 5% above the AED 1,182 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 75,000 a year: a gross yield of 14.0% on the 2018 price.

Sales and rents for 903 over time

Sales
Unit 903, 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, April 2013: AED 800,000 (AED 1,865 per sqft)Sold, December 2014: AED 800,000 (AED 1,865 per sqft)Sold, November 2018: AED 535,000 (AED 1,247 per sqft)

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

Rents
Unit 903, each contractTypical studio in Capital Bay Towers 2
50K100K2014201820222026Typical 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 2014: AED 78,000 a yearNew contract, August 2019: AED 61,200 a yearNew contract, June 2022: AED 64,621 a yearNew contract, September 2023: AED 72,000 a yearRenewal, September 2024: AED 74,668 a yearNew contract, May 2025: AED 95,000 a yearRenewal, September 2025: AED 63,000 a yearNew contract, November 2025: AED 62,000 a yearNew contract, July 2026: AED 44,000 a yearRenewal, September 2026: AED 75,000 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 903 sits

All 91 studios →

903 last sold in November 2018 at AED 1,247 per sqft, 5% above what studios in Capital Bay Towers 2 were fetching at the time (AED 1,182). 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. 903's AED 75,000 is in the upper 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 9th floor

All 163 units in Capital Bay Towers 2
Value
901StudioAED 785K · Jan 2015
9022-bedAED 1.47M · Jun 2024
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

903, Capital Bay Towers 2 in numbers

  • Sold 3 times: first on 14 April 2013 for AED 800,000, last on 22 November 2018 for AED 535,000 (AED 1,247 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 78,000 to AED 44,000 in 2026 and recovered to AED 75,000 by September 2026.
  • At AED 75,000 a year the gross yield on the 2018 price is 14.0%.
  • 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 September 2026.

Questions about 903, Capital Bay Towers 2

What did unit 903 last sell for?

AED 535,000 on 22 November 2018: AED 1,247 per sqft for 429 sqft. The unit has 3 registered sales; the first was AED 800,000 in April 2013.

What is the rent for unit 903?

AED 75,000 a year on the contract renewed on 1 September 2026. The previous contract, from July 2026, was AED 44,000; the unit has been rented since December 2014.

How big is unit 903?

429 sqft (39.9 sqm): a studio on the 9th floor of a 18-storey tower completed in 2014.

What is unit 903 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 903, Capital Bay Towers 2

Starts from the last sale price (AED 535K, 22 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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