2-bed · 1,649 sqftCapital Bay Towers 2, Business Bay · 9th floor · completed 2014

906, Capital Bay Towers 2

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 2.69M17 December 2013
Current rentAED 190K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Capital Bay Towers 2

What is 906 worth today?

Last sold for AED 2,688,000 in 2013

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10 Jul 2024RentedNew contract
AED 190,000/yr12 months · AED 115 per sqft
15 May 2024RentedNew contract
AED 190,000/yr12 months · AED 115 per sqft
25 Apr 2024RentedNew contract
AED 190,000/yr12 months · AED 115 per sqft
12 Oct 2022RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
17 Dec 2013Sold by developerOff-plan
AED 2,688,000AED 1,630 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
2-bed apartment
Size
1,649 sqft
Floor
9th of 18
Parking
B1-108
Developer
DAMAC
Completed
2014
Last sold
AED 2.69M · December 2013

About 906, Capital Bay Towers 2

906 is a two-bedroom apartment of 1,649 sqft on the 9th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 17 December 2013 for AED 2,688,000, or AED 1,630 per sqft, in line with the AED 1,637 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 July 2024, is AED 190,000 a year: a gross yield of 7.1% on the 2013 price.

Sales and rents for 906 over time

Sales
Unit 906, 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, December 2013: AED 2,688,000 (AED 1,630 per sqft)

906 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 906, each contractTypical two-bed in Capital Bay Towers 2
100K200K20152018202120242027Typical 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, October 2022: AED 105,000 a yearNew contract, April 2024: AED 190,000 a yearNew contract, May 2024: AED 190,000 a yearNew contract, July 2024: AED 190,000 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 906 sits

All 42 2-beds →

906 last sold in December 2013 at AED 1,630 per sqft, in line with what two-beds in Capital Bay Towers 2 were fetching at the time (AED 1,637). 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. 906's AED 190,000 is at the top 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
9022-bedAED 1.47M · Jun 2024
903StudioAED 535K · Nov 2018
904StudioAED 640K · Nov 2023
905StudioAED 1.02M · Oct 2015
9071-bedAED 1.8M · Feb 2015
908StudioAED 1.05M · Dec 2013
1–7 of 9

906, Capital Bay Towers 2 in numbers

  • Sold once: by DAMAC on 17 December 2013 for AED 2,688,000, or AED 1,630 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 105,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2013 price is 7.1%.
  • 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 10 July 2024.

Questions about 906, Capital Bay Towers 2

What did unit 906 last sell for?

AED 2,688,000 on 17 December 2013, sold by the developer: AED 1,630 per sqft for 1,649 sqft. It is the only registered sale of the unit.

What is the rent for unit 906?

AED 190,000 a year on the contract signed on 10 July 2024. The previous contract, from May 2024, was AED 190,000; the unit has been rented since October 2022.

How big is unit 906?

1,649 sqft (153.2 sqm): a two-bedroom apartment on the 9th floor of a 18-storey tower completed in 2014.

What is unit 906 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 906, Capital Bay Towers 2

Starts from the last sale price (AED 2.69M, 17 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,688,000
Deposit, UAE resident (20%)
AED 537,600
Deposit, non-resident (40%)
AED 1,075,200
Monthly over 25 years at 3.7%
AED 10,997

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