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1-bed · 685 sqftExecutive Bay A, Business Bay · 20th floor · completed 2014

2002, Executive Bay A

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 1.12M7 January 2015
Current rentAED 55K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2002, Executive Bay A

What is 2002 worth today?

Last sold for AED 1,116,800 in 2015

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1 Dec 2019RentedNew contract
AED 55,000/yr12 months · AED 80 per sqft
1 Jan 2018RentedNew contract
AED 69,000/yr12 months · AED 100 per sqft
30 Apr 2016RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
7 Jan 2015Sold by developerReady
AED 1,116,800AED 1,630 per sqft

Source: Dubai Land Department. Updated 1 December 2019.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
20th of 20
Parking
B1-89
Developer
DAMAC
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 1.12M · January 2015
Building
Executive Bay A

About 2002, Executive Bay A

2002 is a one-bedroom apartment of 685 sqft on the 20th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. The developer sold it on 7 January 2015 for AED 1,116,800, or AED 1,630 per sqft, 22% above the AED 1,332 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 December 2019, is AED 55,000 a year: a gross yield of 4.9% on the 2015 price, before the service charge of about AED 8,800 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical one-bed in Executive Bay A
750K1M2012201620202024Typical 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, January 2015: AED 1,116,800 (AED 1,630 per sqft)

2002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2002, 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, April 2016: AED 80,000 a yearNew contract, January 2018: AED 69,000 a yearNew contract, December 2019: AED 55,000 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 2002 sits

All 54 1-beds →

2002 last sold in January 2015 at AED 1,630 per sqft, 22% above what one-beds in Executive Bay A were fetching at the time (AED 1,332). 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. 2002's AED 55,000 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 20th floor

All 176 units in Executive Bay A
Value
20011-bedAED 1.42M · Jan 2015
20032-bedAED 1.92M · Jan 2015
2004StudioAED 826K · Jan 2015
2005StudioAED 810K · Jan 2015
2006StudioAED 770K · Jan 2015
20071-bedAED 1.67M · Jan 2015

2002, Executive Bay A in numbers

  • Sold once: by DAMAC on 7 January 2015 for AED 1,116,800, or AED 1,630 per sqft.
  • Rented since April 2016 on 3 Ejari contracts, from AED 80,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2015 price is 4.9%, before a service charge of about AED 8,800 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 1 December 2019.

Questions about 2002, Executive Bay A

What did unit 2002 last sell for?

AED 1,116,800 on 7 January 2015, sold by the developer: AED 1,630 per sqft for 685 sqft. It is the only registered sale of the unit.

What is the rent for unit 2002?

AED 55,000 a year on the contract signed on 1 December 2019. The previous contract, from January 2018, was AED 69,000; the unit has been rented since April 2016.

How big is unit 2002?

685 sqft (63.6 sqm): a one-bedroom apartment on the 20th floor of a 20-storey tower completed in 2014.

What is unit 2002 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 2002, Executive Bay A

Starts from the last sale price (AED 1.12M, 7 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,116,800
Deposit, UAE resident (20%)
AED 223,360
Deposit, non-resident (40%)
AED 446,720
Monthly over 25 years at 3.7%
AED 4,569

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