1603, Executive Bay A
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Executive Bay A
What is 1603 worth today?
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Source: Dubai Land Department. Updated 2 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 685 sqft
- Floor
- 16th of 20
- Parking
- B1-4
- Developer
- DAMAC
- Completed
- 2014
- Service charge
- AED 8,800 /yr
- Last sold
- AED 1M · September 2024
- Building
- Executive Bay A
About 1603, Executive Bay A
1603 is a one-bedroom apartment of 685 sqft on the 16th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 2 September 2024 for AED 1,000,000, or AED 1,459 per sqft, 9% above the AED 1,341 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 30 January 2024, is AED 70,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 8,800 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1603 sits
All 54 1-beds →1603 last sold in September 2024 at AED 1,459 per sqft, 9% above what one-beds in Executive Bay A were fetching at the time (AED 1,341). 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. 1603's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 688 sqft | 900,000 | 1,307 | ||
| 27 Apr 202627 April 2026 | 691 sqft | 990,000 | 1,432 | ||
| 5 Mar 20265 March 2026 | 688 sqft | 1,050,000 | 1,525 | ||
| 16 Jan 202616 January 2026 | 691 sqft | 995,000 | 1,439 |
Executive Bay A
Building176 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%
Other units on the 16th floor
All 176 units in Executive Bay A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,117 sqft | AED 1.96MAED 1,958,169 · Aug 2014August 2014 | 85,000 /yr | |
| 1602 | 2-bed | 1,047 sqft | AED 1.83MAED 1,827,164 · Aug 2014August 2014 | 88,000 /yr | |
| 1604 | 2-bed | 1,116 sqft | AED 1.67MAED 1,674,850 · Oct 2014October 2014 | 110,000 /yr | |
| 1605 | Studio | 462 sqft | AED 580KAED 580,000 · Jun 2018June 2018 | 45,000 /yr | |
| 1606 | Studio | 436 sqft | AED 850KAED 850,000 · Dec 2024December 2024 | 60,000 /yr | |
| 1607 | Studio | 482 sqft | AED 580KAED 580,000 · Jun 2018June 2018 | 55,000 /yr | |
| 1608 | 2-bed | 1,055 sqft | AED 1.5MAED 1,500,000 · Oct 2016October 2016 | 90,000 /yr | |
| 1609 | 1-bed | 688 sqft | AED 1.25MAED 1,250,000 · Dec 2025December 2025 | 45,000 /yr | |
| 1610 | 1-bed | 691 sqft | AED 938KAED 938,320 · Oct 2014October 2014 | 63,250 /yr | |
| 1611 | Studio | 420 sqft | AED 653KAED 653,420 · Aug 2014August 2014 | 47,250 /yr |
1603, Executive Bay A in numbers
- Sold 3 times: first on 25 November 2014 for AED 930,180, last on 2 September 2024 for AED 1,000,000 (AED 1,459 per sqft).
- Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2020 and recovered to AED 70,000 by January 2024.
- At AED 70,000 a year the gross yield on the 2024 price is 7.0%, 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 2 September 2024.
Questions about 1603, Executive Bay A
What did unit 1603 last sell for?
AED 1,000,000 on 2 September 2024: AED 1,459 per sqft for 685 sqft. The unit has 3 registered sales; the first was AED 930,180 in November 2014.
What is the rent for unit 1603?
AED 70,000 a year on the contract signed on 30 January 2024. The previous contract, from January 2023, was AED 70,000; the unit has been rented since September 2014.
How big is unit 1603?
685 sqft (63.6 sqm): a one-bedroom apartment on the 16th floor of a 20-storey tower completed in 2014.
What is unit 1603 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 1603, Executive Bay A
Starts from the last sale price (AED 1M, 2 September 2024). 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 →