Studio · 462 sqftExecutive Bay A, Business Bay · 16th floor · completed 2014

1605, Executive Bay A

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 580K27 June 2018
Current rentAED 45K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Executive Bay A

What is 1605 worth today?

Last sold for AED 580,000 in 2018

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10 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
1 May 2025RentedNew contract
AED 52,000/yr12 months · AED 113 per sqft
28 Feb 2023RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft
1 Oct 2021RentedRenewal
AED 41,000/yr12 months · AED 89 per sqft
2 Oct 2020RentedRenewal
AED 41,114/yr12 months · AED 89 per sqft
2 Oct 2019RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
14 Sep 2018RentedNew contract
AED 54,696/yr12 months · AED 118 per sqft
27 Jun 2018SoldReady
AED 580,000AED 1,255 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
16th of 20
Parking
B1-6
Developer
DAMAC
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 580K · June 2018

About 1605, Executive Bay A

1605 is a studio of 462 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 27 June 2018 for AED 580,000, or AED 1,255 per sqft, 9% below the AED 1,379 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 10 August 2026, is AED 45,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 5,900 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, September 2014: AED 590,000 (AED 1,277 per sqft)Sold, June 2018: AED 580,000 (AED 1,255 per sqft)

1605 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1605, 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, August 2016: AED 60,000 a yearRenewal, August 2017: AED 60,000 a yearNew contract, September 2018: AED 54,696 a yearNew contract, October 2019: AED 45,000 a yearRenewal, October 2020: AED 41,114 a yearRenewal, October 2021: AED 41,000 a yearNew contract, February 2023: AED 48,000 a yearNew contract, May 2025: AED 52,000 a yearNew contract, August 2026: AED 45,000 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 1605 sits

All 63 studios →

1605 last sold in June 2018 at AED 1,255 per sqft, 9% below what studios in Executive Bay A were fetching at the time (AED 1,379). 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. 1605's AED 45,000 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 16th floor

All 176 units in Executive Bay A
Value
16012-bedAED 1.96M · Aug 2014
16022-bedAED 1.83M · Aug 2014
16031-bedAED 1M · Sep 2024
16042-bedAED 1.67M · Oct 2014
1606StudioAED 850K · Dec 2024
1607StudioAED 580K · Jun 2018
16082-bedAED 1.5M · Oct 2016
1–7 of 10

1605, Executive Bay A in numbers

  • Sold twice: first on 17 September 2014 for AED 590,000, last on 27 June 2018 for AED 580,000 (AED 1,255 per sqft).
  • Rented since August 2016 on 9 Ejari contracts, from AED 60,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 5,900 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 10 August 2026.

Questions about 1605, Executive Bay A

What did unit 1605 last sell for?

AED 580,000 on 27 June 2018: AED 1,255 per sqft for 462 sqft. The unit has 2 registered sales; the first was AED 590,000 in September 2014.

What is the rent for unit 1605?

AED 45,000 a year on the contract signed on 10 August 2026. The previous contract, from May 2025, was AED 52,000; the unit has been rented since August 2016.

How big is unit 1605?

462 sqft (42.9 sqm): a studio on the 16th floor of a 20-storey tower completed in 2014.

What is unit 1605 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 1605, Executive Bay A

Starts from the last sale price (AED 580K, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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