Studio · 436 sqftExecutive Bay A, Business Bay · 16th floor · completed 2014

1606, Executive Bay A

Sold prices and rental history: sold 5 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 3 December 2025
Last soldAED 850K4 December 2024
Current rentAED 60K /yr3 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Executive Bay A

What is 1606 worth today?

Last sold for AED 850,000 in 2024

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3 Dec 2025RentedNew contract
AED 60,000/yr12 months · AED 138 per sqft
5 Apr 2025RentedNew contract
AED 58,000/yr12 months · AED 133 per sqft
4 Dec 2024SoldReady
AED 850,000AED 1,950 per sqft
15 Nov 2023RentedRenewal
AED 44,000/yr12 months · AED 101 per sqft
30 Aug 2023SoldReady
AED 375,000AED 1,265 per sqft
15 Nov 2022RentedNew contract
AED 40,000/yr12 months · AED 92 per sqft
20 Nov 2021RentedNew contract
AED 34,000/yr12 months · AED 78 per sqft
1 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 3 December 2025.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
16th of 20
Parking
B1-7
Developer
DAMAC
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 850K · December 2024

About 1606, Executive Bay A

1606 is a studio of 436 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 4 December 2024 for AED 850,000, or AED 1,950 per sqft, 40% above the AED 1,395 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 3 December 2025, is AED 60,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 5,600 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical studio in Executive Bay A
500K750K2013201720212025Typical 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 2013: AED 556,250 (AED 1,276 per sqft)Sold, March 2014: AED 667,500 (AED 1,531 per sqft)Sold, August 2014: AED 667,500 (AED 1,531 per sqft)Sold, August 2023: AED 375,000 (AED 1,265 per sqft)Sold, December 2024: AED 850,000 (AED 1,950 per sqft)

1606 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, 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, November 2018: AED 46,000 a yearNew contract, November 2019: AED 40,000 a yearNew contract, October 2020: AED 32,000 a yearNew contract, November 2021: AED 34,000 a yearNew contract, November 2022: AED 40,000 a yearRenewal, November 2023: AED 44,000 a yearNew contract, April 2025: AED 58,000 a yearNew contract, December 2025: AED 60,000 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 1606 sits

All 63 studios →

1606 last sold in December 2024 at AED 1,950 per sqft, 40% above what studios in Executive Bay A were fetching at the time (AED 1,395). 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. 1606's AED 60,000 is in the upper 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
1605StudioAED 580K · Jun 2018
1607StudioAED 580K · Jun 2018
16082-bedAED 1.5M · Oct 2016
1–7 of 10

1606, Executive Bay A in numbers

  • Sold 5 times: first on 23 September 2013 for AED 556,250, last on 4 December 2024 for AED 850,000 (AED 1,950 per sqft).
  • Rented since November 2018 on 8 Ejari contracts. The rent fell from AED 46,000 to AED 32,000 in 2020 and recovered to AED 60,000 by December 2025.
  • At AED 60,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 5,600 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 3 December 2025.

Questions about 1606, Executive Bay A

What did unit 1606 last sell for?

AED 850,000 on 4 December 2024: AED 1,950 per sqft for 436 sqft. The unit has 5 registered sales; the first was AED 556,250 in September 2013.

What is the rent for unit 1606?

AED 60,000 a year on the contract signed on 3 December 2025. The previous contract, from April 2025, was AED 58,000; the unit has been rented since November 2018.

How big is unit 1606?

436 sqft (40.5 sqm): a studio on the 16th floor of a 20-storey tower completed in 2014.

What is unit 1606 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 1606, Executive Bay A

Starts from the last sale price (AED 850K, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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