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2-bed · 1,055 sqftExecutive Bay A, Business Bay · 12th floor · completed 2014

1208, Executive Bay A

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.2M15 November 2024
Current rentAED 64K /yr6 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1208, Executive Bay A

What is 1208 worth today?

Last sold for AED 1,200,000 in 2024

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15 Nov 2024SoldReady
AED 1,200,000AED 1,137 per sqft
6 Jun 2023RentedRenewal
AED 63,544/yr5 months · AED 60 per sqft
6 Jun 2022RentedNew contract
AED 55,000/yr12 months · AED 52 per sqft
6 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 52 per sqft
6 Apr 2019RentedNew contract
AED 76,000/yr12 months · AED 72 per sqft
1 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft
10 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 100 per sqft
3 Sep 2015RentedRenewal
AED 100,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,055 sqft
Floor
12th of 20
Parking
B2-28
Developer
DAMAC
Completed
2014
Service charge
AED 13,500 /yr
Last sold
AED 1.2M · November 2024
Building
Executive Bay A

About 1208, Executive Bay A

1208 is a two-bedroom apartment of 1,055 sqft on the 12th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 15 November 2024 for AED 1,200,000, or AED 1,137 per sqft, 5% above the AED 1,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 6 June 2023, is AED 63,544 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical two-bed in Executive Bay A
1M2M2012201620202024Typical 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 2,328,567 (AED 2,206 per sqft)Sold, November 2024: AED 1,200,000 (AED 1,137 per sqft)

1208 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1208, 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, September 2014: AED 100,000 a yearRenewal, September 2015: AED 100,000 a yearNew contract, February 2017: AED 105,000 a yearNew contract, September 2018: AED 80,000 a yearNew contract, April 2019: AED 76,000 a yearNew contract, June 2021: AED 55,000 a yearNew contract, June 2022: AED 55,000 a yearRenewal, June 2023: AED 63,544 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 1208 sits

All 59 2-beds →

1208 last sold in November 2024 at AED 1,137 per sqft, 5% above what two-beds in Executive Bay A were fetching at the time (AED 1,082). 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. 1208's AED 63,544 is at the bottom 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
12042-bedAED 1.71M · Aug 2014
1205StudioAED 715K · Jan 2025
1206StudioAED 500K · Aug 2018
1207StudioAED 575K · Sep 2018
1–7 of 21

1208, Executive Bay A in numbers

  • Sold twice: first on 18 August 2014 for AED 2,328,567, last on 15 November 2024 for AED 1,200,000 (AED 1,137 per sqft).
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2022 and recovered to AED 63,544 by June 2023.
  • At AED 63,544 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 13,500 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 15 November 2024.

Questions about 1208, Executive Bay A

What did unit 1208 last sell for?

AED 1,200,000 on 15 November 2024: AED 1,137 per sqft for 1,055 sqft. The unit has 2 registered sales; the first was AED 2,328,567 in August 2014.

What is the rent for unit 1208?

AED 63,544 a year on the contract renewed on 6 June 2023. The previous contract, from June 2022, was AED 55,000; the unit has been rented since September 2014.

How big is unit 1208?

1,055 sqft (98.0 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2014.

What is unit 1208 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 1208, Executive Bay A

Starts from the last sale price (AED 1.2M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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