1-bed · 685 sqftExecutive Bay A, Business Bay · 5th floor · completed 2014

503, Executive Bay A

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 800K20 August 2024
Current rentAED 40K /yr5 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Executive Bay A

What is 503 worth today?

Last sold for AED 800,000 in 2024

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20 Aug 2024SoldReady
AED 800,000AED 1,167 per sqft
5 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
19 Jul 2018RentedNew contract
AED 56,000/yr12 months · AED 81 per sqft
1 Apr 2017RentedNew contract
AED 78,000/yr12 months · AED 113 per sqft
1 Apr 2016RentedRenewal
AED 80,000/yr12 months · AED 116 per sqft
1 Apr 2015RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
23 Jul 2014SoldReady
AED 973,936AED 1,421 per sqft
13 Dec 2012Sold by developerOff-plan
AED 973,936AED 1,421 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
5th of 20
Parking
B3-9
Developer
DAMAC
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 800K · August 2024

About 503, Executive Bay A

503 is a one-bedroom apartment of 685 sqft on the 5th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 20 August 2024 for AED 800,000, or AED 1,167 per sqft, 11% below the AED 1,307 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 5 February 2021, is AED 40,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, December 2012: AED 973,936 (AED 1,421 per sqft)Sold, July 2014: AED 973,936 (AED 1,421 per sqft)Sold, August 2024: AED 800,000 (AED 1,167 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, 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 2015: AED 80,000 a yearRenewal, April 2016: AED 80,000 a yearNew contract, April 2017: AED 78,000 a yearNew contract, July 2018: AED 56,000 a yearNew contract, February 2021: AED 40,000 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 503 sits

All 54 1-beds →

503 last sold in August 2024 at AED 1,167 per sqft, 11% below what one-beds in Executive Bay A were fetching at the time (AED 1,307). 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. 503's AED 40,000 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 5th floor

All 176 units in Executive Bay A
Value
5012-bedAED 1.19M · Dec 2023
5022-bedAED 1.31M · Sep 2026
5042-bedAED 1.34M · Mar 2024
505StudioAED 670K · Aug 2017
506StudioAED 645K · Oct 2017
507StudioAED 660K · Oct 2018
5082-bedAED 1.38M · Jan 2026
1–7 of 10

503, Executive Bay A in numbers

  • Sold 3 times: first on 13 December 2012 for AED 973,936, last on 20 August 2024 for AED 800,000 (AED 1,167 per sqft).
  • Rented since April 2015 on 5 Ejari contracts, from AED 80,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 5.0%, 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 20 August 2024.

Questions about 503, Executive Bay A

What did unit 503 last sell for?

AED 800,000 on 20 August 2024: AED 1,167 per sqft for 685 sqft. The unit has 3 registered sales; the first was AED 973,936 in December 2012.

What is the rent for unit 503?

AED 40,000 a year on the contract signed on 5 February 2021. The previous contract, from July 2018, was AED 56,000; the unit has been rented since April 2015.

How big is unit 503?

685 sqft (63.6 sqm): a one-bedroom apartment on the 5th floor of a 20-storey tower completed in 2014.

What is unit 503 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 503, Executive Bay A

Starts from the last sale price (AED 800K, 20 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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