Studio · 420 sqftExecutive Bay A, Business Bay · 15th floor · completed 2014

1511, Executive Bay A

Sold prices and rental history: sold 3 times, last in January 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 725K29 January 2015
Current rentAED 42K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Executive Bay A

What is 1511 worth today?

Last sold for AED 725,000 in 2015

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28 Aug 2026RentedNew contract
AED 42,113/yr12 months · AED 100 per sqft
27 Nov 2024RentedRenewal
AED 46,500/yr12 months · AED 111 per sqft
27 Nov 2024RentedRenewal
AED 46,500/yr12 months · AED 111 per sqft
27 Nov 2023RentedRenewal
AED 44,000/yr12 months · AED 105 per sqft
25 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 95 per sqft
26 Nov 2020RentedNew contract
AED 32,000/yr12 months · AED 76 per sqft
25 Oct 2019RentedRenewal
AED 38,000/yr12 months · AED 91 per sqft
25 Oct 2018RentedNew contract
AED 44,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
15th of 20
Parking
B1-1
Developer
DAMAC
Completed
2014
Service charge
AED 5,400 /yr
Last sold
AED 725K · January 2015

About 1511, Executive Bay A

1511 is a studio of 420 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 29 January 2015 for AED 725,000, or AED 1,727 per sqft, 35% above the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 28 August 2026, is AED 42,113 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 5,400 a year.

Sales and rents for 1511 over time

Sales
Unit 1511, each saleTypical studio in Executive Bay A
400K600K2013201720212025Typical 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, April 2013: AED 616,000 (AED 1,467 per sqft)Sold, August 2014: AED 616,000 (AED 1,467 per sqft)Sold, January 2015: AED 725,000 (AED 1,727 per sqft)

1511 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1511, 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, April 2015: AED 70,000 a yearNew contract, October 2018: AED 44,000 a yearRenewal, October 2019: AED 38,000 a yearNew contract, November 2020: AED 32,000 a yearNew contract, November 2022: AED 40,000 a yearRenewal, November 2023: AED 44,000 a yearRenewal, November 2024: AED 46,500 a yearRenewal, November 2024: AED 46,500 a yearNew contract, August 2026: AED 42,113 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 1511 sits

All 63 studios →

1511 last sold in January 2015 at AED 1,727 per sqft, 35% above what studios in Executive Bay A were fetching at the time (AED 1,277). 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. 1511's AED 42,113 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
1505StudioAED 750K · Mar 2016
1506StudioAED 800K · Feb 2026
1507StudioAED 750K · Jan 2025
1–7 of 10

1511, Executive Bay A in numbers

  • Sold 3 times: first on 14 April 2013 for AED 616,000, last on 29 January 2015 for AED 725,000 (AED 1,727 per sqft).
  • Rented since April 2015 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 32,000 in 2020 and recovered to AED 42,113 by August 2026.
  • At AED 42,113 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 5,400 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 28 August 2026.

Questions about 1511, Executive Bay A

What did unit 1511 last sell for?

AED 725,000 on 29 January 2015: AED 1,727 per sqft for 420 sqft. The unit has 3 registered sales; the first was AED 616,000 in April 2013.

What is the rent for unit 1511?

AED 42,113 a year on the contract signed on 28 August 2026. The previous contract, from November 2024, was AED 46,500; the unit has been rented since April 2015.

How big is unit 1511?

420 sqft (39.0 sqm): a studio on the 15th floor of a 20-storey tower completed in 2014.

What is unit 1511 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 1511, Executive Bay A

Starts from the last sale price (AED 725K, 29 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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