Studio · 506 sqftExecutive Bay A, Business Bay · 20th floor · completed 2014

2004, Executive Bay A

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 826K7 January 2015
Current rentAED 63K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Executive Bay A

What is 2004 worth today?

Last sold for AED 825,600 in 2015

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31 Aug 2024RentedRenewal
AED 63,000/yr12 months · AED 125 per sqft
31 Aug 2023RentedNew contract
AED 60,000/yr12 months · AED 119 per sqft
3 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 79 per sqft
3 Aug 2021RentedNew contract
AED 36,000/yr12 months · AED 71 per sqft
3 Aug 2020RentedNew contract
AED 36,000/yr12 months · AED 71 per sqft
15 Feb 2019RentedNew contract
AED 53,000/yr12 months · AED 105 per sqft
10 Oct 2017RentedNew contract
AED 58,000/yr12 months · AED 115 per sqft
7 Jan 2015Sold by developerReady
AED 825,600AED 1,632 per sqft

Source: Dubai Land Department. Updated 31 August 2024.

Key facts

Type
Studio apartment
Size
506 sqft
Floor
20th of 20
Parking
B1-91
Developer
DAMAC
Completed
2014
Service charge
AED 6,500 /yr
Last sold
AED 826K · January 2015

About 2004, Executive Bay A

2004 is a studio of 506 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 825,600, or AED 1,632 per sqft, 28% above the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 31 August 2024, is AED 63,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 6,500 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, each saleTypical studio in Executive Bay A
400K600K800K2013201720212025Typical 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, January 2015: AED 825,600 (AED 1,632 per sqft)

2004 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2004, 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, October 2017: AED 58,000 a yearNew contract, February 2019: AED 53,000 a yearNew contract, August 2020: AED 36,000 a yearNew contract, August 2021: AED 36,000 a yearRenewal, August 2022: AED 40,000 a yearNew contract, August 2023: AED 60,000 a yearRenewal, August 2024: AED 63,000 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 2004 sits

All 63 studios →

2004 last sold in January 2015 at AED 1,632 per sqft, 28% above what studios in Executive Bay A were fetching at the time (AED 1,277). 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. 2004's AED 63,000 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 20th floor

All 176 units in Executive Bay A
Value
20011-bedAED 1.42M · Jan 2015
20021-bedAED 1.12M · Jan 2015
20032-bedAED 1.92M · Jan 2015
2005StudioAED 810K · Jan 2015
2006StudioAED 770K · Jan 2015
20071-bedAED 1.67M · Jan 2015

2004, Executive Bay A in numbers

  • Sold once: by DAMAC on 7 January 2015 for AED 825,600, or AED 1,632 per sqft.
  • Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 36,000 in 2021 and recovered to AED 63,000 by August 2024.
  • At AED 63,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 6,500 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 31 August 2024.

Questions about 2004, Executive Bay A

What did unit 2004 last sell for?

AED 825,600 on 7 January 2015, sold by the developer: AED 1,632 per sqft for 506 sqft. It is the only registered sale of the unit.

What is the rent for unit 2004?

AED 63,000 a year on the contract renewed on 31 August 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since October 2017.

How big is unit 2004?

506 sqft (47.0 sqm): a studio on the 20th floor of a 20-storey tower completed in 2014.

What is unit 2004 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 2004, Executive Bay A

Starts from the last sale price (AED 826K, 7 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 825,600
Deposit, UAE resident (20%)
AED 165,120
Deposit, non-resident (40%)
AED 330,240
Monthly over 25 years at 3.7%
AED 3,378

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