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

12A04, Executive Bay A

Sold prices and rental history: sold 3 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 12A04 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 1.2M15 November 2023
Current rentAED 83K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 12A04, Executive Bay A

What is 12A04 worth today?

Last sold for AED 1,200,000 in 2023

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15 Nov 2023SoldReady
AED 1,200,000AED 1,074 per sqft
5 Apr 2023RentedRenewal
AED 82,500/yr12 months · AED 74 per sqft
5 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 67 per sqft
18 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
25 Oct 2018RentedRenewal
AED 85,000/yr12 months · AED 76 per sqft
25 Oct 2017RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft
1 Jun 2016RentedNew contract
AED 110,000/yr12 months · AED 98 per sqft
21 Nov 2014RentedNew contract
AED 115,000/yr12 months · AED 103 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
2-bed apartment
Size
1,116 sqft
Floor
12th of 20
Parking
B2-79
Developer
DAMAC
Completed
2014
Service charge
AED 14,300 /yr
Last sold
AED 1.2M · November 2023
Building
Executive Bay A

About 12A04, Executive Bay A

12A04 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. It last sold on 15 November 2023 for AED 1,200,000, or AED 1,074 per sqft, in line with the AED 1,105 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 5 April 2023, is AED 82,500 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 14,300 a year.

Sales and rents for 12A04 over time

Sales
Unit 12A04, 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, December 2013: AED 1,480,700 (AED 1,326 per sqft)Sold, October 2014: AED 1,480,700 (AED 1,326 per sqft)Sold, November 2023: AED 1,200,000 (AED 1,074 per sqft)

12A04 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 12A04, each contractTypical two-bed in Executive Bay A
75K100K125K2014201820222026Typical 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 115,000 a yearNew contract, June 2016: AED 110,000 a yearNew contract, October 2017: AED 90,000 a yearRenewal, October 2018: AED 85,000 a yearNew contract, December 2019: AED 65,000 a yearNew contract, April 2022: AED 75,000 a yearRenewal, April 2023: AED 82,500 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 12A04 sits

All 59 2-beds →

12A04 last sold in November 2023 at AED 1,074 per sqft, in line with what two-beds in Executive Bay A were fetching at the time (AED 1,105). 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. 12A04's AED 82,500 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

12A04, Executive Bay A in numbers

  • Sold 3 times: first on 9 December 2013 for AED 1,480,700, last on 15 November 2023 for AED 1,200,000 (AED 1,074 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2019 and recovered to AED 82,500 by April 2023.
  • At AED 82,500 a year the gross yield on the 2023 price is 6.9%, 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 15 November 2023.

Questions about 12A04, Executive Bay A

What did unit 12A04 last sell for?

AED 1,200,000 on 15 November 2023: AED 1,074 per sqft for 1,116 sqft. The unit has 3 registered sales; the first was AED 1,480,700 in December 2013.

What is the rent for unit 12A04?

AED 82,500 a year on the contract renewed on 5 April 2023. The previous contract, from April 2022, was AED 75,000; the unit has been rented since November 2014.

How big is unit 12A04?

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 12A04 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 12A04, Executive Bay A

Starts from the last sale price (AED 1.2M, 15 November 2023). 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 →