Capital Bay Towers 2

P1 — Delivered Ready Secondary
Developer Damac Properties
Community Business Bay
Property type Apartment
Data updated Apr 01, 2026

Capital Bay Towers 2 is a Delivered development by Damac Properties in Business Bay. 163 units across Studio (56%), 2 Bedroom (26%), 1 Bedroom (18%). Over the trailing 12 months, 386 sales at a median of AED 760,000.

Key Metrics
Median Price
Value
AED 760,000
Change
20.0% YoY
Transactions
Value
386
Change
27 in period
Price / sqft
Value
AED 1,198
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 760,000
↓ 20.0% YoY
Transactions
386
↑ 27 in period
Price / sqft
AED 1,198
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
-4.4%
Holding Period
Value
4.8 yrs
Liquidity
Value
15.9%
Price Dispersion
Value
58.2%
Ready Market Mix
Value
0.0%
Rental Activity
Value
57.6%
Capital Return
-4.4%
Holding Period
4.8 yrs
Liquidity
15.9%
Price Dispersion
58.2%
Ready Market Mix
0.0%
Rental Activity
57.6%

Rental Performance

Rental Volume
Value
1,131
Avg Annual Rent
Value
AED 71,580
New Leases
Value
71.5%
Renewals
Value
28.5%
Rental Volume
1,131
Avg Annual Rent
AED 71,580
New Leases
71.5%
Renewals
28.5%

Unit Mix

By bedroom type
Studio 91 units · 56%
1 Bedroom 30 units · 18%
2 Bedroom 42 units · 26%

Transaction Breakdown

All time — 386 transactions
Off-Plan Primary
143
Off-Plan Secondary
2
Ready Primary
20
Ready Secondary
221

Price History

Median Price — Capital Bay Towers 2

Median prices in Capital Bay Towers 2 have declined significantly, down 36% to AED 732K over the past 10 months.

Recent Transactions

Showing last 10 of 386
Date Type Price (AED) Size (sqft) AED/sqft
Apr 01, 2026 RP Secondary 732,470 563 1,299
Feb 13, 2026 RP Secondary 1,500,000 1,229 1,219
Feb 11, 2026 RP Secondary 201,600 620 324
Feb 11, 2026 RP Secondary 190,320 563 337
Feb 10, 2026 RP Secondary 360,000 1,229 292
Feb 04, 2026 RP Secondary 1,130,000 1,031 1,095
Jan 30, 2026 RP Secondary 740,000 503 1,468
Jan 30, 2026 RP Secondary 715,000 428 1,666
Jan 29, 2026 RP Secondary 1,320,000 1,031 1,279
Jan 28, 2026 RP Secondary 740,000 503 1,468

This project is in Business Bay

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