Studio · 462 sqftExecutive Bay A, Business Bay · 15th floor · completed 2014

1505, Executive Bay A

Sold prices and rental history: sold twice, last in March 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 750K1 March 2016
Current rentAED 53K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Executive Bay A

What is 1505 worth today?

Last sold for AED 750,000 in 2016

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1 Apr 2025RentedNew contract
AED 52,800/yr12 months · AED 114 per sqft
1 Apr 2022RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
1 Apr 2021RentedRenewal
AED 42,000/yr12 months · AED 91 per sqft
1 Apr 2020RentedRenewal
AED 49,800/yr12 months · AED 108 per sqft
10 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 119 per sqft
10 Oct 2017RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
1 Mar 2016SoldReady
AED 750,000AED 1,623 per sqft
21 Oct 2015Sold by developerReady
AED 546,400AED 1,182 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
15th of 20
Parking
B2-102
Developer
DAMAC
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 750K · March 2016

About 1505, Executive Bay A

1505 is a studio of 462 sqft on the 15th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 1 March 2016 for AED 750,000, or AED 1,623 per sqft, 16% above the AED 1,404 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 April 2025, is AED 52,800 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical studio in Executive Bay A
400K600K800K2013201720212025Typical 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, October 2015: AED 546,400 (AED 1,182 per sqft)Sold, March 2016: AED 750,000 (AED 1,623 per sqft)

1505 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1505, each contractTypical studio in Executive Bay A
40K60K80K2014201820222026Typical 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, February 2015: AED 73,500 a yearNew contract, October 2017: AED 60,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, April 2020: AED 49,800 a yearRenewal, April 2021: AED 42,000 a yearRenewal, April 2022: AED 45,000 a yearNew contract, April 2025: AED 52,800 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 1505 sits

All 63 studios →

1505 last sold in March 2016 at AED 1,623 per sqft, 16% above what studios in Executive Bay A were fetching at the time (AED 1,404). 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. 1505's AED 52,800 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 15th floor

All 176 units in Executive Bay A
Value
15012-bedAED 1.46M · Aug 2014
15022-bedAED 1.47M · Jul 2014
15031-bedAED 1.19M · Aug 2014
15042-bedAED 1.45M · May 2025
1506StudioAED 800K · Feb 2026
1507StudioAED 750K · Jan 2025
15082-bedAED 1M · Oct 2019
1–7 of 10

1505, Executive Bay A in numbers

  • Sold twice: first on 21 October 2015 for AED 546,400, last on 1 March 2016 for AED 750,000 (AED 1,623 per sqft).
  • Rented since February 2015 on 7 Ejari contracts. The rent fell from AED 73,500 to AED 42,000 in 2021 and recovered to AED 52,800 by April 2025.
  • At AED 52,800 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 5,900 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 1 April 2025.

Questions about 1505, Executive Bay A

What did unit 1505 last sell for?

AED 750,000 on 1 March 2016: AED 1,623 per sqft for 462 sqft. The unit has 2 registered sales; the first was AED 546,400 in October 2015.

What is the rent for unit 1505?

AED 52,800 a year on the contract signed on 1 April 2025. The previous contract, from April 2022, was AED 45,000; the unit has been rented since February 2015.

How big is unit 1505?

462 sqft (42.9 sqm): a studio on the 15th floor of a 20-storey tower completed in 2014.

What is unit 1505 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 1505, Executive Bay A

Starts from the last sale price (AED 750K, 1 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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