Studio · 436 sqftExecutive Bay A, Business Bay · 15th floor · completed 2014

1506, Executive Bay A

Sold prices and rental history: sold 4 times, last in February 2026, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 24 February 2026
Last soldAED 800K24 February 2026
Current rentAED 60K /yr22 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Executive Bay A

What is 1506 worth today?

Last sold for AED 800,000 in 2026

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24 Feb 2026SoldReady
AED 800,000AED 1,835 per sqft
22 Nov 2025RentedRenewal
AED 60,000/yr12 months · AED 139 per sqft
22 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 139 per sqft
10 Nov 2021RentedNew contract
AED 36,000/yr12 months · AED 83 per sqft
1 Feb 2020RentedNew contract
AED 42,000/yr12 months · AED 98 per sqft
1 Sep 2018RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
21 Aug 2014SoldReady
AED 595,000AED 1,365 per sqft
5 Aug 2013SoldOff-plan
AED 595,000AED 1,365 per sqft

Source: Dubai Land Department. Updated 24 February 2026.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
15th of 20
Parking
B2-103
Developer
DAMAC
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 800K · February 2026

About 1506, Executive Bay A

1506 is a studio of 436 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 24 February 2026 for AED 800,000, or AED 1,835 per sqft, 8% above the AED 1,697 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 22 November 2025, is AED 60,000 a year: a gross yield of 7.5% on the 2026 price, before the service charge of about AED 5,600 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, June 2013: AED 556,250 (AED 1,276 per sqft)Sold, August 2013: AED 595,000 (AED 1,365 per sqft)Sold, August 2014: AED 595,000 (AED 1,365 per sqft)Sold, February 2026: AED 800,000 (AED 1,835 per sqft)

1506 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1506, 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, September 2018: AED 48,000 a yearNew contract, February 2020: AED 42,000 a yearNew contract, November 2021: AED 36,000 a yearNew contract, November 2024: AED 60,000 a yearRenewal, November 2025: AED 60,000 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 1506 sits

All 63 studios →

1506 last sold in February 2026 at AED 1,835 per sqft, 8% above what studios in Executive Bay A were fetching at the time (AED 1,697). 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. 1506's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Nov 2025725,000
23 Jul 2025850,000
23 Jul 2025650,000
27 May 2025680,000
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
1505StudioAED 750K · Mar 2016
1507StudioAED 750K · Jan 2025
15082-bedAED 1M · Oct 2019
1–7 of 10

1506, Executive Bay A in numbers

  • Sold 4 times: first on 16 June 2013 for AED 556,250, last on 24 February 2026 for AED 800,000 (AED 1,835 per sqft).
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 36,000 in 2021 and recovered to AED 60,000 by November 2025.
  • At AED 60,000 a year the gross yield on the 2026 price is 7.5%, before a service charge of about AED 5,600 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 24 February 2026.

Questions about 1506, Executive Bay A

What did unit 1506 last sell for?

AED 800,000 on 24 February 2026: AED 1,835 per sqft for 436 sqft. The unit has 4 registered sales; the first was AED 556,250 in June 2013.

What is the rent for unit 1506?

AED 60,000 a year on the contract renewed on 22 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since September 2018.

How big is unit 1506?

436 sqft (40.5 sqm): a studio on the 15th floor of a 20-storey tower completed in 2014.

What is unit 1506 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 1506, Executive Bay A

Starts from the last sale price (AED 800K, 24 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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