2-bed · 1,116 sqftExecutive Bay A, Business Bay · 5th floor · completed 2014

504, Executive Bay A

Sold prices and rental history: sold 4 times, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 1.34M25 March 2024
Current rentAED 120K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Executive Bay A

What is 504 worth today?

Last sold for AED 1,340,000 in 2024

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25 Mar 2024SoldReady
AED 1,340,000AED 1,200 per sqft
1 Feb 2024RentedNew contract
AED 120,000/yr12 months · AED 107 per sqft
17 Jul 2023SoldReady
AED 1,060,000AED 949 per sqft
7 May 2022RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft
7 May 2021RentedRenewal
AED 62,000/yr12 months · AED 55 per sqft
7 May 2020RentedRenewal
AED 65,000/yr12 months · AED 58 per sqft
7 May 2019RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
6 Mar 2018SoldReady
AED 1,200,000AED 1,074 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
2-bed apartment
Size
1,116 sqft
Floor
5th of 20
Parking
B3-10
Developer
DAMAC
Completed
2014
Service charge
AED 14,300 /yr
Last sold
AED 1.34M · March 2024

About 504, Executive Bay A

504 is a two-bedroom apartment of 1,116 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 25 March 2024 for AED 1,340,000, or AED 1,200 per sqft, 10% above the AED 1,090 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 February 2024, is AED 120,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Executive Bay A
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,249,600; 2013 AED 1,365,000; 2014 AED 1,494,474; 2015 AED 1,631,775; 2016 AED 1,400,000; 2017 AED 1,342,500; 2018 AED 1,300,000; 2019 AED 1,000,000; 2022 AED 932,523; 2023 AED 1,195,000; 2024 AED 1,258,400; 2025 AED 1,460,678Sold by developer, August 2014: AED 1,249,600 (AED 1,119 per sqft)Sold, March 2018: AED 1,200,000 (AED 1,074 per sqft)Sold, July 2023: AED 1,060,000 (AED 949 per sqft)Sold, March 2024: AED 1,340,000 (AED 1,200 per sqft)

504 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Executive Bay A
100K2014201820222026Typical rent by year: 2014 AED 115,000; 2015 AED 116,000; 2016 AED 115,000; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 77,000; 2020 AED 67,500; 2021 AED 62,000; 2022 AED 74,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 110,000; 2026 AED 96,750New contract, September 2015: AED 105,000 a yearNew contract, May 2019: AED 65,000 a yearRenewal, May 2020: AED 65,000 a yearRenewal, May 2021: AED 62,000 a yearRenewal, May 2022: AED 65,000 a yearNew contract, February 2024: AED 120,000 a year

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 504 sits

All 59 2-beds →

504 last sold in March 2024 at AED 1,200 per sqft, 10% above 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. 504's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20261,305,000
30 Jan 20261,380,000
15 Dec 20251,471,356
21 Jul 20251,381,487
3 2-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
5031-bedAED 800K · Aug 2024
505StudioAED 670K · Aug 2017
506StudioAED 645K · Oct 2017
507StudioAED 660K · Oct 2018
5082-bedAED 1.38M · Jan 2026
1–7 of 10

504, Executive Bay A in numbers

  • Sold 4 times: first on 18 August 2014 for AED 1,249,600, last on 25 March 2024 for AED 1,340,000 (AED 1,200 per sqft).
  • Rented since September 2015 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 62,000 in 2021 and recovered to AED 120,000 by February 2024.
  • At AED 120,000 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 14,300 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 25 March 2024.

Questions about 504, Executive Bay A

What did unit 504 last sell for?

AED 1,340,000 on 25 March 2024: AED 1,200 per sqft for 1,116 sqft. The unit has 4 registered sales; the first was AED 1,249,600 in August 2014.

What is the rent for unit 504?

AED 120,000 a year on the contract signed on 1 February 2024. The previous contract, from May 2022, was AED 65,000; the unit has been rented since September 2015.

How big is unit 504?

1,116 sqft (103.7 sqm): a two-bedroom apartment on the 5th floor of a 20-storey tower completed in 2014.

What is unit 504 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 504, Executive Bay A

Starts from the last sale price (AED 1.34M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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