1-bed · 688 sqftExecutive Bay A, Business Bay · 15th floor · completed 2014

1509, Executive Bay A

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 31 December 2024
Last soldAED 1.1M6 November 2014
Current rentAED 67K /yr31 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Executive Bay A

What is 1509 worth today?

Last sold for AED 1,100,000 in 2014

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31 Dec 2024RentedRenewal
AED 67,443/yr9 months · AED 99 per sqft
31 Dec 2023RentedRenewal
AED 62,000/yr12 months · AED 91 per sqft
31 Dec 2022RentedRenewal
AED 56,500/yr12 months · AED 83 per sqft
31 Dec 2021RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
1 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
4 May 2018RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
10 Jan 2016RentedNew contract
AED 85,000/yr12 months · AED 123 per sqft
17 Nov 2014RentedNew contract
AED 85,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 31 December 2024.

Key facts

Type
1-bed apartment
Size
688 sqft
Floor
15th of 20
Parking
B2-132
Developer
DAMAC
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 1.1M · November 2014

About 1509, Executive Bay A

1509 is a one-bedroom apartment of 688 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 6 November 2014 for AED 1,100,000, or AED 1,597 per sqft, 23% above the AED 1,303 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 31 December 2024, is AED 67,443 a year: a gross yield of 6.1% on the 2014 price, before the service charge of about AED 8,800 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical one-bed in Executive Bay A
750K1M2012201620202024Typical sale price by year: 2012 AED 847,953; 2013 AED 850,000; 2014 AED 920,020; 2015 AED 1,016,800; 2018 AED 790,000; 2021 AED 602,500; 2022 AED 650,000; 2023 AED 825,000; 2024 AED 940,000; 2025 AED 920,000; 2026 AED 992,500Sold by developer, March 2013: AED 997,957 (AED 1,449 per sqft)Sold, August 2014: AED 997,957 (AED 1,449 per sqft)Sold, November 2014: AED 1,100,000 (AED 1,597 per sqft)

1509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, each contractTypical one-bed in Executive Bay A
50K75K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 81,950; 2016 AED 80,000; 2017 AED 71,000; 2018 AED 65,000; 2019 AED 59,000; 2020 AED 43,000; 2021 AED 45,000; 2022 AED 54,895; 2023 AED 63,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,000New contract, November 2014: AED 85,000 a yearNew contract, January 2016: AED 85,000 a yearNew contract, May 2018: AED 65,000 a yearNew contract, September 2020: AED 40,000 a yearNew contract, December 2021: AED 50,000 a yearRenewal, December 2022: AED 56,500 a yearRenewal, December 2023: AED 62,000 a yearRenewal, December 2024: AED 67,443 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Executive Bay A, and where 1509 sits

All 54 1-beds →

1509 last sold in November 2014 at AED 1,597 per sqft, 23% above what one-beds in Executive Bay A were fetching at the time (AED 1,303). Over the last 12 months one-beds sold for AED 875,000 to 1,250,000, around AED 1,432 per sqft, and rent for AED 65,000 to 250,000 a year. 1509's AED 67,443 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026900,000
27 Apr 2026990,000
5 Mar 20261,050,000
16 Jan 2026995,000
7 1-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

1509, Executive Bay A in numbers

  • Sold 3 times: first on 17 March 2013 for AED 997,957, last on 6 November 2014 for AED 1,100,000 (AED 1,597 per sqft).
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2020 and recovered to AED 67,443 by December 2024.
  • At AED 67,443 a year the gross yield on the 2014 price is 6.1%, before a service charge of about AED 8,800 a year (AED 12.83 per sqft).
  • One-beds in Executive Bay A sold for AED 875,000–1,250,000 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 31 December 2024.

Questions about 1509, Executive Bay A

What did unit 1509 last sell for?

AED 1,100,000 on 6 November 2014: AED 1,597 per sqft for 688 sqft. The unit has 3 registered sales; the first was AED 997,957 in March 2013.

What is the rent for unit 1509?

AED 67,443 a year on the contract renewed on 31 December 2024. The previous contract, from December 2023, was AED 62,000; the unit has been rented since November 2014.

How big is unit 1509?

688 sqft (63.9 sqm): a one-bedroom apartment on the 15th floor of a 20-storey tower completed in 2014.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Bay A sold for AED 875,000 to 1,250,000 in the last 12 months, around AED 1,432 per sqft.

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Mortgage on 1509, Executive Bay A

Starts from the last sale price (AED 1.1M, 6 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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