Studio · 627 sqftCapital Bay Towers 2, Business Bay · 9th floor · completed 2014

908, Capital Bay Towers 2

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 1.05M12 December 2013
Current rentAED 60K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Capital Bay Towers 2

What is 908 worth today?

Last sold for AED 1,051,050 in 2013

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10 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 96 per sqft
10 Feb 2025RentedRenewal
AED 59,000/yr12 months · AED 94 per sqft
10 Feb 2025RentedRenewal
AED 59,000/yr12 months · AED 94 per sqft
10 Feb 2024RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
5 Oct 2022RentedRenewal
AED 44,000/yr12 months · AED 70 per sqft
5 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
5 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 61 per sqft
5 Sep 2019RentedNew contract
AED 44,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
Studio apartment
Size
627 sqft
Floor
9th of 18
Parking
B1-110
Developer
DAMAC
Completed
2014
Last sold
AED 1.05M · December 2013

About 908, Capital Bay Towers 2

908 is a studio of 627 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 12 December 2013 for AED 1,051,050, or AED 1,676 per sqft, 10% below the AED 1,865 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 60,000 a year: a gross yield of 5.7% on the 2013 price.

Sales and rents for 908 over time

Sales
Unit 908, 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, December 2013: AED 1,051,050 (AED 1,676 per sqft)

908 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 908, 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, July 2018: AED 58,000 a yearNew contract, September 2019: AED 44,000 a yearRenewal, September 2020: AED 38,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 44,000 a yearNew contract, February 2024: AED 55,000 a yearRenewal, February 2025: AED 59,000 a yearRenewal, February 2025: AED 59,000 a yearRenewal, February 2026: AED 60,000 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 908 sits

All 91 studios →

908 last sold in December 2013 at AED 1,676 per sqft, 10% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,865). 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. 908's AED 60,000 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
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
1–7 of 9

908, Capital Bay Towers 2 in numbers

  • Sold once: by DAMAC on 12 December 2013 for AED 1,051,050, or AED 1,676 per sqft.
  • Rented since July 2018 on 9 Ejari contracts. The rent fell from AED 58,000 to AED 38,000 in 2020 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2013 price is 5.7%.
  • 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 10 February 2026.

Questions about 908, Capital Bay Towers 2

What did unit 908 last sell for?

AED 1,051,050 on 12 December 2013, sold by the developer: AED 1,676 per sqft for 627 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 60,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 59,000; the unit has been rented since July 2018.

How big is unit 908?

627 sqft (58.3 sqm): a studio on the 9th floor of a 18-storey tower completed in 2014.

What is unit 908 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 908, Capital Bay Towers 2

Starts from the last sale price (AED 1.05M, 12 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,051,050
Deposit, UAE resident (20%)
AED 210,210
Deposit, non-resident (40%)
AED 420,420
Monthly over 25 years at 3.7%
AED 4,300

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