Studio · 482 sqftExecutive Bay A, Business Bay · 15th floor · completed 2014

1507, Executive Bay A

Sold prices and rental history: sold 6 times, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 750K20 January 2025
Current rentAED 60K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Executive Bay A

What is 1507 worth today?

Last sold for AED 750,000 in 2025

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20 Jan 2025SoldReady
AED 750,000AED 1,555 per sqft
2 Apr 2024RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft
12 Mar 2024SoldReady
AED 640,000AED 1,327 per sqft
10 May 2023SoldReady
AED 560,000AED 1,161 per sqft
1 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
5 Dec 2015RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft
10 Nov 2014SoldReady
AED 700,000AED 1,451 per sqft
6 Oct 2014RentedNew contract
AED 65,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
15th of 20
Parking
B2-130
Developer
DAMAC
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 750K · January 2025

About 1507, Executive Bay A

1507 is a studio of 482 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 20 January 2025 for AED 750,000, or AED 1,555 per sqft, 5% above the AED 1,479 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 2 April 2024, is AED 60,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical studio in Executive Bay A
500K1M1.5M2012201620202024Typical 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 2012: AED 1,510,515 (AED 3,132 per sqft)Sold, March 2014: AED 700,000 (AED 1,451 per sqft)Sold, November 2014: AED 700,000 (AED 1,451 per sqft)Sold, May 2023: AED 560,000 (AED 1,161 per sqft)Sold, March 2024: AED 640,000 (AED 1,327 per sqft)Sold, January 2025: AED 750,000 (AED 1,555 per sqft)

1507 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1507, 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, December 2015: AED 65,000 a yearNew contract, November 2022: AED 40,000 a yearNew contract, April 2024: 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 1507 sits

All 63 studios →

1507 last sold in January 2025 at AED 1,555 per sqft, 5% above what studios in Executive Bay A were fetching at the time (AED 1,479). 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. 1507's AED 60,000 is in the upper 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
1505StudioAED 750K · Mar 2016
1506StudioAED 800K · Feb 2026
15082-bedAED 1M · Oct 2019
1–7 of 10

1507, Executive Bay A in numbers

  • Sold 6 times: first on 17 October 2012 for AED 1,510,515, last on 20 January 2025 for AED 750,000 (AED 1,555 per sqft).
  • Rented since October 2014 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2022 and recovered to AED 60,000 by April 2024.
  • At AED 60,000 a year the gross yield on the 2025 price is 8.0%, 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 20 January 2025.

Questions about 1507, Executive Bay A

What did unit 1507 last sell for?

AED 750,000 on 20 January 2025: AED 1,555 per sqft for 482 sqft. The unit has 6 registered sales; the first was AED 1,510,515 in October 2012.

What is the rent for unit 1507?

AED 60,000 a year on the contract signed on 2 April 2024. The previous contract, from November 2022, was AED 40,000; the unit has been rented since October 2014.

How big is unit 1507?

482 sqft (44.8 sqm): a studio on the 15th floor of a 20-storey tower completed in 2014.

What is unit 1507 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 1507, Executive Bay A

Starts from the last sale price (AED 750K, 20 January 2025). 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 →