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2-bed · 1,116 sqftExecutive Bay A, Business Bay · 12th floor · completed 2014

1204, Executive Bay A

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.71M3 August 2014
Current rentAED 88K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1204, Executive Bay A

What is 1204 worth today?

Last sold for AED 1,708,500 in 2014

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1 Mar 2025RentedRenewal
AED 88,200/yr12 months · AED 79 per sqft
1 Mar 2024RentedRenewal
AED 84,000/yr12 months · AED 75 per sqft
1 Mar 2023RentedRenewal
AED 80,231/yr12 months · AED 72 per sqft
1 Mar 2022RentedRenewal
AED 80,000/yr12 months · AED 71 per sqft
1 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
5 Jul 2018RentedNew contract
AED 78,000/yr12 months · AED 70 per sqft
26 Mar 2017RentedNew contract
AED 100,000/yr12 months · AED 89 per sqft
5 Nov 2015RentedRenewal
AED 110,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,116 sqft
Floor
12th of 20
Parking
B2-24
Developer
DAMAC
Completed
2014
Service charge
AED 14,300 /yr
Last sold
AED 1.71M · August 2014
Building
Executive Bay A

About 1204, Executive Bay A

1204 is a two-bedroom apartment of 1,116 sqft on the 12th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 3 August 2014 for AED 1,708,500, or AED 1,530 per sqft, 15% above the AED 1,326 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 88,200 a year: a gross yield of 5.2% on the 2014 price, before the service charge of about AED 14,300 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical two-bed in Executive Bay A
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,249,600; 2013 AED 1,365,000; 2014 AED 1,494,474; 2015 AED 1,631,775; 2016 AED 1,400,000; 2017 AED 1,342,500; 2018 AED 1,300,000; 2019 AED 1,000,000; 2022 AED 932,523; 2023 AED 1,195,000; 2024 AED 1,258,400; 2025 AED 1,460,678Sold by developer, August 2014: AED 1,708,500 (AED 1,530 per sqft)

1204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1204, each contractTypical two-bed in Executive Bay A
50K100K2014201820222026Typical rent by year: 2014 AED 115,000; 2015 AED 116,000; 2016 AED 115,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 77,000; 2020 AED 67,500; 2021 AED 62,000; 2022 AED 74,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 96,750New contract, November 2014: AED 110,000 a yearRenewal, November 2015: AED 110,000 a yearNew contract, March 2017: AED 100,000 a yearNew contract, July 2018: AED 78,000 a yearNew contract, March 2021: AED 55,000 a yearRenewal, March 2022: AED 80,000 a yearRenewal, March 2023: AED 80,231 a yearRenewal, March 2024: AED 84,000 a yearRenewal, March 2025: AED 88,200 a year

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

2-beds in Executive Bay A, and where 1204 sits

All 59 2-beds →

1204 last sold in August 2014 at AED 1,530 per sqft, 15% above what two-beds in Executive Bay A were fetching at the time (AED 1,326). Over the last 12 months two-beds sold for AED 1,305,000 to 1,471,356, around AED 1,307 per sqft, and rent for AED 83,000 to 130,000 a year. 1204's AED 88,200 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20261,305,000
30 Jan 20261,380,000
15 Dec 20251,471,356
21 Jul 20251,381,487
3 2-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 12th floor

All 176 units in Executive Bay A
Value
12012-bedAED 1.5M · Oct 2014
12022-bedAED 1.47M · Dec 2025
12031-bedAED 950K · Sep 2024
1205StudioAED 715K · Jan 2025
1206StudioAED 500K · Aug 2018
1207StudioAED 575K · Sep 2018
12082-bedAED 1.2M · Nov 2024
1–7 of 21

1204, Executive Bay A in numbers

  • Sold once: by DAMAC on 3 August 2014 for AED 1,708,500, or AED 1,530 per sqft.
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 88,200 by March 2025.
  • At AED 88,200 a year the gross yield on the 2014 price is 5.2%, before a service charge of about AED 14,300 a year (AED 12.83 per sqft).
  • Two-beds in Executive Bay A sold for AED 1,305,000–1,471,356 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 1 March 2025.

Questions about 1204, Executive Bay A

What did unit 1204 last sell for?

AED 1,708,500 on 3 August 2014, sold by the developer: AED 1,530 per sqft for 1,116 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 88,200 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 84,000; the unit has been rented since November 2014.

How big is unit 1204?

1,116 sqft (103.7 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2014.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Bay A sold for AED 1,305,000 to 1,471,356 in the last 12 months, around AED 1,307 per sqft.

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Mortgage on 1204, Executive Bay A

Starts from the last sale price (AED 1.71M, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,708,500
Deposit, UAE resident (20%)
AED 341,700
Deposit, non-resident (40%)
AED 683,400
Monthly over 25 years at 3.7%
AED 6,990

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