Studio · 482 sqftExecutive Bay A, Business Bay · 16th floor · completed 2014

1607, Executive Bay A

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 22 March 2026
Last soldAED 580K27 June 2018
Current rentAED 55K /yr22 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Executive Bay A

What is 1607 worth today?

Last sold for AED 580,000 in 2018

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22 Mar 2026RentedRenewal
AED 55,000/yr12 months · AED 114 per sqft
22 Mar 2025RentedRenewal
AED 55,000/yr12 months · AED 114 per sqft
22 Feb 2021RentedNew contract
AED 31,000/yr12 months · AED 64 per sqft
3 Feb 2019RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
27 Jun 2018SoldReady
AED 580,000AED 1,202 per sqft
15 Oct 2017RentedNew contract
AED 58,000/yr12 months · AED 120 per sqft
17 Sep 2014Sold by developerReady
AED 613,750AED 1,272 per sqft
14 Sep 2014RentedNew contract
AED 60,000/yr12 months · AED 124 per sqft

Source: Dubai Land Department. Updated 22 March 2026.

Key facts

Type
Studio apartment
Size
482 sqft
Floor
16th of 20
Parking
B1-8
Developer
DAMAC
Completed
2014
Service charge
AED 6,200 /yr
Last sold
AED 580K · June 2018

About 1607, Executive Bay A

1607 is a studio of 482 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 1,202 per sqft, 13% below the AED 1,379 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 22 March 2026, is AED 55,000 a year: a gross yield of 9.5% on the 2018 price, before the service charge of about AED 6,200 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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 613,750 (AED 1,272 per sqft)Sold, June 2018: AED 580,000 (AED 1,202 per sqft)

1607 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1607, 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, September 2014: AED 60,000 a yearNew contract, October 2017: AED 58,000 a yearNew contract, February 2019: AED 50,000 a yearNew contract, February 2021: AED 31,000 a yearRenewal, March 2025: AED 55,000 a yearRenewal, March 2026: AED 55,000 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 1607 sits

All 63 studios →

1607 last sold in June 2018 at AED 1,202 per sqft, 13% 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. 1607's AED 55,000 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
1605StudioAED 580K · Jun 2018
1606StudioAED 850K · Dec 2024
16082-bedAED 1.5M · Oct 2016
1–7 of 10

1607, Executive Bay A in numbers

  • Sold twice: first on 17 September 2014 for AED 613,750, last on 27 June 2018 for AED 580,000 (AED 1,202 per sqft).
  • Rented since September 2014 on 6 Ejari contracts. The rent fell from AED 60,000 to AED 31,000 in 2021 and recovered to AED 55,000 by March 2026.
  • At AED 55,000 a year the gross yield on the 2018 price is 9.5%, before a service charge of about AED 6,200 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 22 March 2026.

Questions about 1607, Executive Bay A

What did unit 1607 last sell for?

AED 580,000 on 27 June 2018: AED 1,202 per sqft for 482 sqft. The unit has 2 registered sales; the first was AED 613,750 in September 2014.

What is the rent for unit 1607?

AED 55,000 a year on the contract renewed on 22 March 2026. The previous contract, from March 2025, was AED 55,000; the unit has been rented since September 2014.

How big is unit 1607?

482 sqft (44.8 sqm): a studio on the 16th floor of a 20-storey tower completed in 2014.

What is unit 1607 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 1607, 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 →