BuildingBusiness Bay · DAMAC · 2014

Capital Bay Towers 2

Studios to two-beds in Business Bay. 16 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 26 February 2026
Typical price per sqftAED 1,213Up 1.8% on the year
Typical saleAED 740K16 sales
Typical rentAED 80K /yrAED 102 per sqft
Typical yield8.4%gross, before service charges

About Capital Bay Towers 2

Capital Bay Tower 2, also known as Capital Bay Tower B, is a 22‑storey residential building in Business Bay. Set just off Al Asayel Street and forming part of a twin‑tower complex by a major Dubai developer, it was completed in 2014 and sits within a central mixed‑use district close to Downtown Dubai. Homes in the building are primarily studios, one‑, two‑ and three‑bedroom apartments. Typical layouts are contemporary, with many units featuring balconies and open‑plan living spaces. Building quality is in line with mid‑ to upper‑mid‑rise towers delivered in Business Bay during the same period, with multiple high‑speed elevators, a staffed lobby and covered parking spread across basement, ground and podium levels. Residents have access to a range of leisure and convenience facilities. Onsite amenities include a gymnasium, swimming pool, sauna, steam room, jacuzzi and an aerobics room, along with a landscaped courtyard and a dedicated children’s play area. Daily needs are supported by ground‑level retail shared within the complex, such as a supermarket, pharmacy and men’s and women’s salons. The project is pet‑friendly. Connectivity is a key draw. Al Khail Road is around a 4‑minute drive and Sheikh Zayed Road about 7 minutes, enabling straightforward access to the wider city. Public transport is readily available: the Avanti Tower bus stop is within a short walk with F19A and F19B services, and Business Bay Metro Station is roughly an 8‑minute drive, or reachable via feeder buses. Major landmarks are close by, with Burj Khalifa approximately 9 minutes by car, The Dubai Mall around 10 minutes and Dubai Opera about 11 minutes. The immediate area offers a dense mix of dining, cafes and everyday services typical of Business Bay, while several nurseries and schools in neighboring districts such as Al Quoz and Meydan are within a short drive. Overall, Capital Bay Tower 2 provides apartment living with practical amenities and city access in a well‑established part of Dubai.

163 apartments over 18 floors: 89 studios of 417 to 627 sqft, 28 one-beds of 344 to 1,071 sqft and 37 two-beds of 1,230 to 1,649 sqft.

16 apartments sold in the 12 months to February 2026, at a median of AED 1,213 per sqft, up 1.8% on the year before. Most of the trading is in studios: 10 of the 16 sales, at AED 144,000 to 905,000, which is why the typical sale sits below the price of its larger homes. 29 rental contracts were registered over the same 12 months, at a typical AED 80,000 a year.

YallaValue estimates what the apartments in Capital Bay Towers 2 are worth today, home by home, and updates the estimates daily. An estimate is free: choose the unit in the list on this page and verify once by WhatsApp, email or Google.

Developer
DAMAC
Completed
2014
Floors
18
Units
163
Unit types
Studio to 2-bed

Business Bay, Dubai

Average prices in Capital Bay Towers 2

In Capital Bay Towers 2, typical sale prices over the last 12 months were around AED 458,000 for studios, AED 1,130,000 for one-beds and AED 1,750,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Capital Bay Towers 2

5001,0001,500May 2026Nov 20262025-11-25: AED 1,087, 1-bed, 1,032 sqft2025-12-11: AED 1,213, 2-bed, 1,649 sqft2026-01-12: AED 1,406, Studio, 540 sqft2026-01-21: AED 352, Studio, 504 sqft2026-01-26: AED 1,606, Studio, 564 sqft2026-01-27: AED 335, Studio, 429 sqft2026-01-27: AED 333, Studio, 504 sqft2026-01-28: AED 1,468, Studio, 504 sqft2026-01-29: AED 1,279, 1-bed, 1,032 sqft2026-01-30: AED 1,666, Studio, 429 sqft2026-01-30: AED 1,468, Studio, 504 sqft2026-02-04: AED 1,095, 1-bed, 1,032 sqft2026-02-10: AED 292, 2-bed, 1,230 sqft (outlier)2026-02-11: AED 337, Studio, 564 sqft2026-02-11: AED 324, Studio, 621 sqft2026-02-13: AED 1,219, 2-bed, 1,230 sqftTrend: AED 1,253 to AED 924

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Capital Bay Towers 2

  • Completed2-bed · 1,229 sqft 13 Feb 2026AED 1,500,0001,220 /sqft
  • CompletedStudio · 563 sqft 11 Feb 2026AED 190,320338 /sqft
  • CompletedStudio · 620 sqft 11 Feb 2026AED 201,600325 /sqft
  • Completed2-bed · 1,229 sqft 10 Feb 2026AED 360,000293 /sqft
  • Completed1-bed · 1,031 sqft 04 Feb 2026AED 1,130,0001,095 /sqft
  • CompletedStudio · 503 sqft 30 Jan 2026AED 740,0001,468 /sqft
  • CompletedStudio · 428 sqft 30 Jan 2026AED 715,0001,667 /sqft
  • Completed1-bed · 344 sqft 29 Jan 2026AED 1,320,0003,835 /sqft
  • CompletedStudio · 503 sqft 28 Jan 2026AED 740,0001,469 /sqft
  • CompletedStudio · 503 sqft 27 Jan 2026AED 168,000333 /sqft

Over the last 12 months, Capital Bay Towers 2 has recorded 16 apartment sales. Typical homes sold for around AED 740K (about AED 1,213 per sqft) with a median size of 564 sqft; most were studios, from roughly AED 144K to AED 2M.

1–10 of 385

Units in Capital Bay Towers 2

163 units
  • Unit 2012-bed · 1,231 sqftSold AED 2.12M, Jan 2015
  • Unit 202Studio · 428 sqftSold AED 762K, Jan 2015
  • Unit 203Studio · 544 sqftSold AED 400K, Apr 2021
  • Unit 301Studio · 417 sqftSold AED 760K, May 2013
  • Unit 3022-bed · 1,230 sqftSold AED 888K, Jan 2016
  • Unit 303Studio · 429 sqftSold AED 730K, Apr 2017
  • Unit 304Studio · 541 sqftSold AED 1M, Dec 2014
  • Unit 305564 sqftSold AED 905K, Jan 2026
  • Unit 3062-bed · 1,639 sqftSold AED 2.77M, Mar 2014
  • Unit 3071-bed · 1,033 sqftSold AED 1.69M, Feb 2015
1–10 of 163
Every unit in Capital Bay Towers 2, by number

By type: studios (89), one-beds (28), two-beds (37).

Nearby in Business Bay

All 170 →
BuildingSale /sqftYield
Capital Bay PodiumFew sales
Capital Bay Towers 1AED 1,3677.5%
Avanti TowerAED 1,4787.2%
Safeer Tower 1AED 1,4557.6%
Urban LifeAED 2,018
1–5 of 169 · nearest first

Capital Bay Towers 2 in numbers

  • Across 16 DLD sales in the 12 months to February 2026, the median price in Capital Bay Towers 2 was AED 1,213 per sqft and the typical home sold for about AED 740K.
  • Completed in 2014 by DAMAC; 18 floors of studios to two-beds.
  • Studios of 417 to 627 sqft sold for AED 144,000 to 905,000 between January 2026 and February 2026, a median AED 879 per sqft.
  • A studio of 417 to 627 sqft rents for AED 46,000 to 77,500 a year on the 12 contracts registered in the last 12 months.
  • Gross rental yield 8.4%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: YallaValue analysis of Dubai Land Department records. Updated 26 February 2026.

Questions

How much does a studio in Capital Bay Towers 2 cost?

10 studios sold in the 12 months to February 2026, for AED 144,000 to 905,000; the median was AED 458,300, or AED 879 per sqft. Across all 16 sales in Capital Bay Towers 2, of every type, the median was AED 740,000, or AED 1,213 per sqft.

How much is a studio for rent in Capital Bay Towers 2?

About AED 60,000 a year: that is the median of the 12 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 46,000 to 77,500. Across all 29 contracts in Capital Bay Towers 2, of every type, the median was AED 80,000 a year.

What is my apartment in Capital Bay Towers 2 worth?

YallaValue keeps an estimate for the apartments in Capital Bay Towers 2, home by home, updated daily. It is free: choose your unit in the list on this page and verify once by WhatsApp, email or Google. For a guide before that: 10 studios sold for AED 144,000 to 905,000 in the 12 months to February 2026.

What is the rental yield in Capital Bay Towers 2?

About 8.4% gross across the building, from about 13.8% for studios to 7.8% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Capital Bay Towers 2 gone up?

The median price per sqft rose from about AED 1,191 to AED 1,213 over the 12 months to February 2026, up 1.8%, on 16 sales against 18 the year before.

Who built Capital Bay Towers 2 and when?

DAMAC; completed in 2014; 18 floors; 163 apartments.

How many apartments are there in Capital Bay Towers 2?

163, studios to two-beds. Each has its own page with its full sales and rental history.

Work it out for a home here: how much a rent can rise, the service charge for its size or a mortgage.

For sale with OpenOffers in Business Bay

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