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Studio · 482 sqftExecutive Bay A, Business Bay · 10th floor · completed 2014

1007, Executive Bay A

Sold prices and rental history: sold 3 times, last in November 2014, and rented once, from February 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 20 February 2016
Last soldAED 554K10 November 2014
Current rentAED 72K /yr20 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1007, Executive Bay A

What is 1007 worth today?

Last sold for AED 554,222 in 2014

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20 Feb 2016RentedNew contract
AED 72,000/yr12 months · AED 149 per sqft
10 Nov 2014SoldReady
AED 554,222AED 1,149 per sqft
12 Aug 2013SoldOff-plan
AED 554,222AED 1,149 per sqft
9 May 2013Sold by developerOff-plan
AED 554,222AED 1,149 per sqft

Source: Dubai Land Department. Updated 20 February 2016.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
10th of 20
Parking
B2-5
Developer
DAMAC
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 554K · November 2014
Building
Executive Bay A

About 1007, Executive Bay A

1007 is a studio of 482 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 10 November 2014 for AED 554,222, or AED 1,149 per sqft, 10% below the AED 1,276 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 February 2016. The current contract, signed on 20 February 2016, is AED 72,000 a year: a gross yield of 13.0% on the 2014 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical studio in Executive Bay A
400K600K2013201720212025Typical sale price by year: 2013 AED 556,250; 2014 AED 613,750; 2015 AED 712,500; 2016 AED 710,000; 2017 AED 665,000; 2018 AED 580,000; 2019 AED 502,500; 2020 AED 440,000; 2021 AED 450,000; 2023 AED 630,000; 2024 AED 672,500; 2025 AED 725,000Sold by developer, May 2013: AED 554,222 (AED 1,149 per sqft)Sold, August 2013: AED 554,222 (AED 1,149 per sqft)Sold, November 2014: AED 554,222 (AED 1,149 per sqft)

1007 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1007, each contractTypical studio in Executive Bay A
40K60K2014201820222026Typical rent by year: 2014 AED 63,000; 2015 AED 65,000; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 51,500; 2019 AED 45,000; 2020 AED 37,000; 2021 AED 36,000; 2022 AED 40,000; 2023 AED 47,300; 2024 AED 54,000; 2025 AED 55,000; 2026 AED 52,299New contract, February 2016: AED 72,000 a year

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

Studios in Executive Bay A, and where 1007 sits

All 63 studios →

1007 last sold in November 2014 at AED 1,149 per sqft, 10% below what studios in Executive Bay A were fetching at the time (AED 1,276). Over the last 12 months studios sold for AED 800,000, around AED 1,835 per sqft, and rent for AED 40,000 to 78,000 a year. 1007's AED 72,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Feb 2026800,000
5 Nov 2025725,000
23 Jul 2025850,000
23 Jul 2025650,000
1 studio sale 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
10031-bedAED 1.1M · Nov 2023
10042-bedAED 915K · Mar 2022
1005StudioAED 580K · Oct 2018
1006StudioAED 440K · May 2021
10082-bedAED 1.18M · Jul 2023
1–7 of 10

1007, Executive Bay A in numbers

  • Sold 3 times: first on 9 May 2013 for AED 554,222, last on 10 November 2014 for AED 554,222 (AED 1,149 per sqft).
  • Rented since February 2016 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2014 price is 13.0%, before a service charge of about AED 6,200 a year (AED 12.83 per sqft).
  • Studios in Executive Bay A sold for AED 800,000–800,000 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 20 February 2016.

Questions about 1007, Executive Bay A

What did unit 1007 last sell for?

AED 554,222 on 10 November 2014: AED 1,149 per sqft for 482 sqft. The unit has 3 registered sales; the first was AED 554,222 in May 2013.

What is the rent for unit 1007?

AED 72,000 a year on the contract signed on 20 February 2016.

How big is unit 1007?

482 sqft (44.8 sqm): a studio on the 10th floor of a 20-storey tower completed in 2014.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Bay A sold for AED 800,000 to 800,000 in the last 12 months, around AED 1,835 per sqft.

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Mortgage on 1007, Executive Bay A

Starts from the last sale price (AED 554K, 10 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 554,222
Deposit, UAE resident (20%)
AED 110,844
Deposit, non-resident (40%)
AED 221,689
Monthly over 25 years at 3.7%
AED 2,267

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