1-bed · 691 sqftExecutive Bay A, Business Bay · 16th floor · completed 2014

1610, Executive Bay A

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 24 April 2024
Last soldAED 938K20 October 2014
Current rentAED 63K /yr24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Executive Bay A

What is 1610 worth today?

Last sold for AED 938,320 in 2014

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24 Apr 2024RentedRenewal
AED 63,250/yr12 months · AED 92 per sqft
24 Apr 2023RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
24 Apr 2022RentedNew contract
AED 51,000/yr12 months · AED 74 per sqft
6 Jan 2021RentedRenewal
AED 53,000/yr12 months · AED 77 per sqft
6 Jan 2020RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
6 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
1 May 2018RentedRenewal
AED 70,000/yr12 months · AED 102 per sqft
1 May 2017RentedNew contract
AED 72,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 24 April 2024.

Key facts

Type
1-bed apartment
Size
691 sqft
Floor
16th of 20
Parking
B1-11
Developer
DAMAC
Completed
2014
Service charge
AED 8,900 /yr
Last sold
AED 938K · October 2014

About 1610, Executive Bay A

1610 is a one-bedroom apartment of 691 sqft on the 16th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 20 October 2014 for AED 938,320, or AED 1,357 per sqft, 5% above the AED 1,294 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 24 April 2024, is AED 63,250 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 8,900 a year.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical one-bed in Executive Bay A
600K800K1M2012201620202024Typical sale price by year: 2012 AED 847,953; 2013 AED 850,000; 2014 AED 920,020; 2015 AED 1,016,800; 2018 AED 790,000; 2021 AED 602,500; 2022 AED 650,000; 2023 AED 825,000; 2024 AED 940,000; 2025 AED 920,000; 2026 AED 992,500Sold by developer, October 2014: AED 938,320 (AED 1,357 per sqft)

1610 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1610, each contractTypical one-bed in Executive Bay A
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 81,950; 2016 AED 80,000; 2017 AED 71,000; 2018 AED 65,000; 2019 AED 59,000; 2020 AED 43,000; 2021 AED 45,000; 2022 AED 54,895; 2023 AED 63,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 73,000New contract, November 2014: AED 80,000 a yearRenewal, November 2015: AED 80,000 a yearNew contract, May 2017: AED 72,000 a yearRenewal, May 2018: AED 70,000 a yearNew contract, January 2019: AED 60,000 a yearRenewal, January 2020: AED 60,000 a yearRenewal, January 2021: AED 53,000 a yearNew contract, April 2022: AED 51,000 a yearRenewal, April 2023: AED 55,000 a yearRenewal, April 2024: AED 63,250 a year

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 1610 sits

All 54 1-beds →

1610 last sold in October 2014 at AED 1,357 per sqft, 5% above what one-beds in Executive Bay A were fetching at the time (AED 1,294). 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. 1610's AED 63,250 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 2026900,000
27 Apr 2026990,000
5 Mar 20261,050,000
16 Jan 2026995,000
7 1-bed sales 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
1607StudioAED 580K · Jun 2018
1–7 of 10

1610, Executive Bay A in numbers

  • Sold once: by DAMAC on 20 October 2014 for AED 938,320, or AED 1,357 per sqft.
  • Rented since November 2014 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 51,000 in 2022 and recovered to AED 63,250 by April 2024.
  • At AED 63,250 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 8,900 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 24 April 2024.

Questions about 1610, Executive Bay A

What did unit 1610 last sell for?

AED 938,320 on 20 October 2014, sold by the developer: AED 1,357 per sqft for 691 sqft. It is the only registered sale of the unit.

What is the rent for unit 1610?

AED 63,250 a year on the contract renewed on 24 April 2024. The previous contract, from April 2023, was AED 55,000; the unit has been rented since November 2014.

How big is unit 1610?

691 sqft (64.2 sqm): a one-bedroom apartment on the 16th floor of a 20-storey tower completed in 2014.

What is unit 1610 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 1610, Executive Bay A

Starts from the last sale price (AED 938K, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 938,320
Deposit, UAE resident (20%)
AED 187,664
Deposit, non-resident (40%)
AED 375,328
Monthly over 25 years at 3.7%
AED 3,839

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