402, Executive Bay A
Sold prices and rental history: sold twice, last in June 2024, 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 402, Executive Bay A
What is 402 worth today?
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Source: Dubai Land Department. Updated 24 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,950 sqft
- Floor
- 4th of 20
- Parking
- B3-2
- Developer
- DAMAC
- Completed
- 2014
- Service charge
- AED 25,000 /yr
- Last sold
- AED 1.55M · June 2024
- Building
- Executive Bay A
About 402, Executive Bay A
402 is a two-bedroom apartment of 1,950 sqft on the 4th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 24 June 2024 for AED 1,550,000, or AED 794 per sqft, 27% below the AED 1,090 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 28 March 2023, is AED 92,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 25,000 a year.
Sales and rents for 402 over time
402 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 402 sits
All 59 2-beds →402 last sold in June 2024 at AED 794 per sqft, 27% below what two-beds in Executive Bay A were fetching at the time (AED 1,090). 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. 402's AED 92,000 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 4th floor
All 176 units in Executive Bay A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,413 sqft | AED 2.64MAED 2,637,000 · May 2015May 2015 | 88,000 /yr | |
| 403 | 1-bed | 1,527 sqft | AED 1.06MAED 1,060,255 · Jul 2022July 2022 | 87,500 /yr | |
| 404 | Studio | 704 sqft | AED 765KAED 765,000 · Nov 2021November 2021 | 60,000 /yr | |
| 405 | 1-bed | 1,084 sqft | AED 1.15MAED 1,150,000 · Dec 2024December 2024 | 53,000 /yr | |
| 406 | Studio | 336 sqft | AED 400KAED 400,000 · Oct 2021October 2021 | 40,000 /yr |
402, Executive Bay A in numbers
- Sold twice: first on 19 August 2013 for AED 2,488,750, last on 24 June 2024 for AED 1,550,000 (AED 794 per sqft).
- Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 92,000 by March 2023.
- At AED 92,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 25,000 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 24 June 2024.
Questions about 402, Executive Bay A
What did unit 402 last sell for?
AED 1,550,000 on 24 June 2024: AED 794 per sqft for 1,950 sqft. The unit has 2 registered sales; the first was AED 2,488,750 in August 2013.
What is the rent for unit 402?
AED 92,000 a year on the contract signed on 28 March 2023. The previous contract, from December 2021, was AED 75,000; the unit has been rented since March 2015.
How big is unit 402?
1,950 sqft (181.2 sqm): a two-bedroom apartment on the 4th floor of a 20-storey tower completed in 2014.
What is unit 402 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 402, Executive Bay A
Starts from the last sale price (AED 1.55M, 24 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →