1-bed · 685 sqftExecutive Bay A, Business Bay · 10th floor · completed 2014

1003, Executive Bay A

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.1M30 November 2023
Current rentAED 48K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Executive Bay A

What is 1003 worth today?

Last sold for AED 1,100,000 in 2023

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30 Nov 2023SoldReady
AED 1,100,000AED 1,605 per sqft
8 Jun 2023SoldReady
AED 780,000AED 1,138 per sqft
1 Feb 2022RentedRenewal
AED 48,000/yr12 months · AED 70 per sqft
1 Feb 2021RentedNew contract
AED 43,000/yr12 months · AED 63 per sqft
25 Mar 2019RentedRenewal
AED 62,000/yr12 months · AED 91 per sqft
29 Oct 2016RentedRenewal
AED 81,900/yr12 months · AED 120 per sqft
29 Oct 2015RentedNew contract
AED 81,900/yr12 months · AED 120 per sqft
29 Oct 2014RentedNew contract
AED 78,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
10th of 20
Parking
B2-1
Developer
DAMAC
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 1.1M · November 2023

About 1003, Executive Bay A

1003 is a one-bedroom apartment of 685 sqft on the 10th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 30 November 2023 for AED 1,100,000, or AED 1,605 per sqft, 39% above the AED 1,157 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 48,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Executive Bay A
750K1M2012201620202024Typical sale price by year: 2012 AED 847,953; 2013 AED 850,000; 2014 AED 920,020; 2015 AED 1,016,800; 2018 AED 790,000; 2021 AED 602,500; 2022 AED 650,000; 2023 AED 825,000; 2024 AED 940,000; 2025 AED 920,000; 2026 AED 992,500Sold by developer, April 2013: AED 837,600 (AED 1,222 per sqft)Sold, August 2014: AED 837,600 (AED 1,222 per sqft)Sold, June 2023: AED 780,000 (AED 1,138 per sqft)Sold, November 2023: AED 1,100,000 (AED 1,605 per sqft)

1003 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Executive Bay A
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 81,950; 2016 AED 80,000; 2017 AED 71,000; 2018 AED 65,000; 2019 AED 59,000; 2020 AED 43,000; 2021 AED 45,000; 2022 AED 54,895; 2023 AED 63,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,000New contract, October 2014: AED 78,000 a yearNew contract, October 2015: AED 81,900 a yearRenewal, October 2016: AED 81,900 a yearRenewal, March 2019: AED 62,000 a yearNew contract, February 2021: AED 43,000 a yearRenewal, February 2022: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Executive Bay A, and where 1003 sits

All 54 1-beds →

1003 last sold in November 2023 at AED 1,605 per sqft, 39% above what one-beds in Executive Bay A were fetching at the time (AED 1,157). Over the last 12 months one-beds sold for AED 875,000 to 1,250,000, around AED 1,432 per sqft, and rent for AED 65,000 to 250,000 a year. 1003's AED 48,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026900,000
27 Apr 2026990,000
5 Mar 20261,050,000
16 Jan 2026995,000
7 1-bed sales in the last 12 months

Executive Bay A

Building

176 apartments, studios to 2-bed over 20 floors in Business Bay, completed in 2014 by DAMAC. 11 sold in the last 12 months.

Typical price per sqft
AED 1,405 Up 1.9%
Typical sale
AED 1.05M
Typical rent
AED 71K /yr
Typical yield
7.5%
Executive Bay A, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 176 units in Executive Bay A
Value
10012-bedAED 1.35M · May 2017
10022-bedAED 1.35M · Jan 2018
10042-bedAED 915K · Mar 2022
1005StudioAED 580K · Oct 2018
1006StudioAED 440K · May 2021
1007StudioAED 554K · Nov 2014
10082-bedAED 1.18M · Jul 2023
1–7 of 10

1003, Executive Bay A in numbers

  • Sold 4 times: first on 14 April 2013 for AED 837,600, last on 30 November 2023 for AED 1,100,000 (AED 1,605 per sqft).
  • Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 78,000 to AED 43,000 in 2021 and recovered to AED 48,000 by February 2022.
  • At AED 48,000 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 8,800 a year (AED 12.83 per sqft).
  • One-beds in Executive Bay A sold for AED 875,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,405 per sqft.

Source: Dubai Land Department. Updated 30 November 2023.

Questions about 1003, Executive Bay A

What did unit 1003 last sell for?

AED 1,100,000 on 30 November 2023: AED 1,605 per sqft for 685 sqft. The unit has 4 registered sales; the first was AED 837,600 in April 2013.

What is the rent for unit 1003?

AED 48,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 43,000; the unit has been rented since October 2014.

How big is unit 1003?

685 sqft (63.6 sqm): a one-bedroom apartment on the 10th floor of a 20-storey tower completed in 2014.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Bay A sold for AED 875,000 to 1,250,000 in the last 12 months, around AED 1,432 per sqft.

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Mortgage on 1003, Executive Bay A

Starts from the last sale price (AED 1.1M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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