2BR Apartment in Capital Bay, Business Bay
About this property
Capital Bay is a project by DAMAC Properties located in the Business Bay district. The development consists of two towers. Tower A includes two basement levels, a ground floor, one podium level, and seventeen residential floors. Tower B includes two basement levels, a ground floor, one podium level, an amenities floor, and sixteen residential floors. The exterior is designed in a contemporary architectural style with an emphasis on geometric façade forms and contrasting volumes. Panoramic glazing, open terraces, and expressive architectural lines create a modern and dynamic appearance for the complex. The project features studios, as well as one-, two-, and three-bedroom apartments. Interiors are designed in a contemporary aesthetic using a light neutral palette, soft textures, and minimalist decorative accents. The spaces are characterized by functional layouts, panoramic glazing, and a calm atmosphere for everyday living. Residents benefit from infrastructure designed for everyday comfort, including concierge service, 24-hour parking, a spacious lobby with a café, parking spaces, an on-site restaurant, a fitness gym, and spa facilities. The project offers convenient connectivity to key destinations across the city. Sheikh Zayed Road and Dubai International Financial Centre are 5 minutes away, Dubai International Airport and Meydan Racecourse, 10 minutes, Burj Al Arab, 15 minutes, while Palm Jumeirah is 20 minutes away.
Amenities
Location & Lifestyle
Buy or rent in Business Bay, the Dubai Holding district along Dubai Creek and the Dubai Water Canal, next to Downtown Dubai. It has direct links to Sheikh Zayed Road and Al Khail Road and its own Red Line Metro station. Landmarks include Bay Square, Executive Towers, Bellevue Towers and the Marasi Business Bay marinas.
From 1 January to 12 November 2026, DLD recorded 3,839 apartment sales in Business Bay: 1,985 ready apartments at a median of AED 1,821 per sq ft and 1,854 off-plan apartments at a median of AED 2,667 per sq ft.
Business Bay ready apartment prices in 2026 (DLD data)
Studio: 467 sales, median price AED 990,000, median size 461 sq ft
1 bedroom: 851 sales, median price AED 1.45 million, median size 810 sq ft
2 bedrooms: 494 sales, median price AED 2.25 million, median size 1,313 sq ft
3 bedrooms: 142 sales, median price AED 3.47 million, median size 1,941 sq ft
Busiest buildings
Ready: Peninsula Three (148 sales), DAMAC Towers by Paramount (94), Peninsula Four (82), Prive by DAMAC (69)
Off-plan: Binghatti Aquarise (236 sales), Avarra by Palace and Al Habtoor Tower (160 each), Peninsula Four (130)
Rent and yield
What is the average rent in Business Bay? The median annual rent was AED 95,000, based on 17,685 Ejari contracts in Business Bay between 1 January and 1 October 2026.
What rental yield does Business Bay offer? About 4.6% gross, before service charges, fees and vacancy.
Who Business Bay suits
Buyers who want a central apartment next to Downtown Dubai and the Metro.
Investors looking at ready studios and 1-bedroom apartments, the most traded types.
Looking to buy in Business Bay? Platinum Square advisors can share current ready and off-plan options.
Source: Dubai Land Department open data: residential unit sales in Business Bay, 1 January to 12 November 2026 (medians are Platinum Square calculations); Ejari rents, 1 January to 1 October 2026.
Schools nearby
- Hartland International School
- JSS International (Al Safa)
Metro & transit
- Business Bay (Red Line)
Malls & retail
- Bay Avenue
- The Dubai Mall (1 stop)
Healthcare
- Aster Clinic Business Bay
- Emirates Hospital Clinic
Landmarks
- Dubai Water Canal
- Marasi Promenade
- Bay Square
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