1608, Executive Bay A
Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Executive Bay A
What is 1608 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,055 sqft
- Floor
- 16th of 20
- Parking
- B1-9
- Developer
- DAMAC
- Completed
- 2014
- Service charge
- AED 13,500 /yr
- Last sold
- AED 1.5M · October 2016
- Building
- Executive Bay A
About 1608, Executive Bay A
1608 is a two-bedroom apartment of 1,055 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 5 October 2016 for AED 1,500,000, or AED 1,421 per sqft, 8% above the AED 1,315 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 90,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 13,500 a year.
Sales and rents for 1608 over time
1608 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Executive Bay A, and where 1608 sits
All 59 2-beds →1608 last sold in October 2016 at AED 1,421 per sqft, 8% above what two-beds in Executive Bay A were fetching at the time (AED 1,315). Over the last 12 months two-beds sold for AED 1,305,000 to 1,471,356, around AED 1,307 per sqft, and rent for AED 83,000 to 130,000 a year. 1608's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 1,047 sqft | 1,305,000 | 1,246 | ||
| 30 Jan 202630 January 2026 | 1,055 sqft | 1,380,000 | 1,307 | ||
| 15 Dec 202515 December 2025 | 1,047 sqft | 1,471,356 | 1,405 | ||
| 21 Jul 202521 July 2025 | 1,047 sqft | 1,381,487 | 1,319 |
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 | |
| 1603 | 1-bed | 685 sqft | AED 1MAED 1,000,000 · Sep 2024September 2024 | 70,000 /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 | |
| 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 |
1608, Executive Bay A in numbers
- Sold twice: first on 31 August 2014 for AED 3,334,513, last on 5 October 2016 for AED 1,500,000 (AED 1,421 per sqft).
- Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 78,000 in 2022 and recovered to AED 90,000 by September 2024.
- At AED 90,000 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 13,500 a year (AED 12.83 per sqft).
- Two-beds in Executive Bay A sold for AED 1,305,000–1,471,356 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 September 2024.
Questions about 1608, Executive Bay A
What did unit 1608 last sell for?
AED 1,500,000 on 5 October 2016: AED 1,421 per sqft for 1,055 sqft. The unit has 2 registered sales; the first was AED 3,334,513 in August 2014.
What is the rent for unit 1608?
AED 90,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2023, was AED 81,000; the unit has been rented since February 2015.
How big is unit 1608?
1,055 sqft (98.0 sqm): a two-bedroom apartment on the 16th floor of a 20-storey tower completed in 2014.
What is unit 1608 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Bay A sold for AED 1,305,000 to 1,471,356 in the last 12 months, around AED 1,307 per sqft.
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Mortgage on 1608, Executive Bay A
Starts from the last sale price (AED 1.5M, 5 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →