2-bed · 1,055 sqftExecutive Bay A, Business Bay · 15th floor · completed 2014

1508, Executive Bay A

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 29 July 2026
Last soldAED 1M14 October 2019
Current rentAED 85K /yr29 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Executive Bay A

What is 1508 worth today?

Last sold for AED 1,000,000 in 2019

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29 Jul 2026RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
10 Nov 2025RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
10 Nov 2024RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
10 Nov 2023RentedNew contract
AED 100,000/yr12 months · AED 95 per sqft
21 Sep 2022RentedRenewal
AED 80,500/yr12 months · AED 76 per sqft
21 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
4 Jul 2020RentedNew contract
AED 67,500/yr12 months · AED 64 per sqft
14 Oct 2019SoldReady
AED 1,000,000AED 947 per sqft

Source: Dubai Land Department. Updated 29 July 2026.

Key facts

Type
2-bed apartment
Size
1,055 sqft
Floor
15th of 20
Parking
B2-131
Developer
DAMAC
Completed
2014
Service charge
AED 13,500 /yr
Last sold
AED 1M · October 2019

About 1508, Executive Bay A

1508 is a two-bedroom apartment of 1,055 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 14 October 2019 for AED 1,000,000, or AED 947 per sqft, in line with the AED 947 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 29 July 2026, is AED 85,000 a year: a gross yield of 8.5% on the 2019 price, before the service charge of about AED 13,500 a year.

Sales and rents for 1508 over time

Sales
Unit 1508, 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 1,488,410 (AED 1,410 per sqft)Sold, October 2019: AED 1,000,000 (AED 947 per sqft)

1508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Executive Bay A
75K100K125K2014201820222026Typical 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, December 2016: AED 110,000 a yearRenewal, December 2017: AED 105,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, July 2020: AED 67,500 a yearNew contract, September 2021: AED 70,000 a yearRenewal, September 2022: AED 80,500 a yearNew contract, November 2023: AED 100,000 a yearRenewal, November 2024: AED 105,000 a yearRenewal, November 2025: AED 105,000 a yearNew contract, July 2026: AED 85,000 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 1508 sits

All 59 2-beds →

1508 last sold in October 2019 at AED 947 per sqft, in line with what two-beds in Executive Bay A were fetching at the time (AED 947). 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. 1508's AED 85,000 is in the lower 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 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
1507StudioAED 750K · Jan 2025
1–7 of 10

1508, Executive Bay A in numbers

  • Sold twice: first on 18 August 2014 for AED 1,488,410, last on 14 October 2019 for AED 1,000,000 (AED 947 per sqft).
  • Rented since December 2016 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 67,500 in 2020 and recovered to AED 85,000 by July 2026.
  • At AED 85,000 a year the gross yield on the 2019 price is 8.5%, 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 29 July 2026.

Questions about 1508, Executive Bay A

What did unit 1508 last sell for?

AED 1,000,000 on 14 October 2019: AED 947 per sqft for 1,055 sqft. The unit has 2 registered sales; the first was AED 1,488,410 in August 2014.

What is the rent for unit 1508?

AED 85,000 a year on the contract signed on 29 July 2026. The previous contract, from November 2025, was AED 105,000; the unit has been rented since December 2016.

How big is unit 1508?

1,055 sqft (98.0 sqm): a two-bedroom apartment on the 15th floor of a 20-storey tower completed in 2014.

What is unit 1508 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 1508, Executive Bay A

Starts from the last sale price (AED 1M, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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