Studio · 482 sqftExecutive Bay A, Business Bay · 14th floor · completed 2014

1407, Executive Bay A

Sold prices and rental history: sold twice, last 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 1407 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 595K18 August 2014
Current rentAED 55K /yr23 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Executive Bay A

What is 1407 worth today?

Last sold for AED 595,350 in 2014

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23 Dec 2024RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
20 Jul 2021RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
27 Jun 2018RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
25 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
20 Oct 2014RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
18 Aug 2014SoldReady
AED 595,350AED 1,234 per sqft
21 Feb 2013Sold by developerOff-plan
AED 595,350AED 1,234 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
14th of 20
Parking
B2-93
Developer
DAMAC
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 595K · August 2014

About 1407, Executive Bay A

1407 is a studio of 482 sqft on the 14th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 18 August 2014 for AED 595,350, or AED 1,234 per sqft, 3% below the AED 1,276 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 23 December 2024, is AED 55,000 a year: a gross yield of 9.2% on the 2014 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, 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, February 2013: AED 595,350 (AED 1,234 per sqft)Sold, August 2014: AED 595,350 (AED 1,234 per sqft)

1407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, 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, October 2014: AED 65,000 a yearNew contract, April 2017: AED 60,000 a yearNew contract, June 2018: AED 50,000 a yearNew contract, July 2021: AED 34,000 a yearNew contract, December 2024: AED 55,000 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 1407 sits

All 63 studios →

1407 last sold in August 2014 at AED 1,234 per sqft, 3% 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. 1407's AED 55,000 is in the lower 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 14th floor

All 176 units in Executive Bay A
Value
14012-bedAED 1.68M · Aug 2014
14022-bedAED 1.64M · Mar 2015
14031-bedAED 1.19M · Aug 2014
14042-bedAED 4.59M · Jul 2014
1405StudioAED 625K · May 2015
1406StudioAED 630K · Sep 2023
14082-bedAED 1.59M · Aug 2014
1–7 of 10

1407, Executive Bay A in numbers

  • Sold twice: first on 21 February 2013 for AED 595,350, last on 18 August 2014 for AED 595,350 (AED 1,234 per sqft).
  • Rented since October 2014 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2021 and recovered to AED 55,000 by December 2024.
  • At AED 55,000 a year the gross yield on the 2014 price is 9.2%, 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 23 December 2024.

Questions about 1407, Executive Bay A

What did unit 1407 last sell for?

AED 595,350 on 18 August 2014: AED 1,234 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 595,350 in February 2013.

What is the rent for unit 1407?

AED 55,000 a year on the contract signed on 23 December 2024. The previous contract, from July 2021, was AED 34,000; the unit has been rented since October 2014.

How big is unit 1407?

482 sqft (44.8 sqm): a studio on the 14th floor of a 20-storey tower completed in 2014.

What is unit 1407 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 1407, Executive Bay A

Starts from the last sale price (AED 595K, 18 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 595,350
Deposit, UAE resident (20%)
AED 119,070
Deposit, non-resident (40%)
AED 238,140
Monthly over 25 years at 3.7%
AED 2,436

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