2-bed · 1,055 sqftExecutive Bay A, Business Bay · 14th floor · completed 2014

1408, Executive Bay A

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 24 June 2026
Last soldAED 1.59M26 August 2014
Current rentAED 110K /yr24 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Executive Bay A

What is 1408 worth today?

Last sold for AED 1,588,400 in 2014

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24 Jun 2026RentedNew contract
AED 110,000/yr12 months · AED 104 per sqft
30 Apr 2026RentedNew contract
AED 110,000/yr12 months · AED 104 per sqft
30 Mar 2023RentedNew contract
AED 100,000/yr13 months · AED 95 per sqft
7 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
7 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 52 per sqft
16 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 76 per sqft
16 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
25 Mar 2017RentedRenewal
AED 120,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 24 June 2026.

Key facts

Type
2-bed apartment
Size
1,055 sqft
Floor
14th of 20
Parking
B2-94
Developer
DAMAC
Completed
2014
Service charge
AED 13,500 /yr
Last sold
AED 1.59M · August 2014

About 1408, Executive Bay A

1408 is a two-bedroom apartment of 1,055 sqft on the 14th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 26 August 2014 for AED 1,588,400, or AED 1,505 per sqft, 15% above the AED 1,304 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 24 June 2026, is AED 110,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, 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 1,588,400 (AED 1,505 per sqft)

1408 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1408, 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, February 2015: AED 120,000 a yearNew contract, March 2016: AED 120,000 a yearRenewal, March 2017: AED 120,000 a yearNew contract, September 2018: AED 85,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, April 2021: AED 55,000 a yearRenewal, April 2022: AED 55,000 a yearNew contract, March 2023: AED 100,000 a yearNew contract, April 2026: AED 110,000 a yearNew contract, June 2026: AED 110,000 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 1408 sits

All 59 2-beds →

1408 last sold in August 2014 at AED 1,505 per sqft, 15% above what two-beds in Executive Bay A were fetching at the time (AED 1,304). 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. 1408's AED 110,000 is in the upper 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 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
1407StudioAED 595K · Aug 2014
1–7 of 10

1408, Executive Bay A in numbers

  • Sold once: by DAMAC on 26 August 2014 for AED 1,588,400, or AED 1,505 per sqft.
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 55,000 in 2022 and recovered to AED 110,000 by June 2026.
  • At AED 110,000 a year the gross yield on the 2014 price is 6.9%, 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 24 June 2026.

Questions about 1408, Executive Bay A

What did unit 1408 last sell for?

AED 1,588,400 on 26 August 2014, sold by the developer: AED 1,505 per sqft for 1,055 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 110,000 a year on the contract signed on 24 June 2026. The previous contract, from April 2026, was AED 110,000; the unit has been rented since February 2015.

How big is unit 1408?

1,055 sqft (98.0 sqm): a two-bedroom apartment on the 14th floor of a 20-storey tower completed in 2014.

What is unit 1408 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 1408, Executive Bay A

Starts from the last sale price (AED 1.59M, 26 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,588,400
Deposit, UAE resident (20%)
AED 317,680
Deposit, non-resident (40%)
AED 635,360
Monthly over 25 years at 3.7%
AED 6,499

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