Studio · 436 sqftExecutive Bay A, Business Bay · 5th floor · completed 2014

506, Executive Bay A

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 12 December 2025
Last soldAED 645K1 October 2017
Current rentAED 58K /yr12 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Executive Bay A

What is 506 worth today?

Last sold for AED 645,000 in 2017

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12 Dec 2025RentedRenewal
AED 58,000/yr12 months · AED 135 per sqft
12 Dec 2024RentedRenewal
AED 58,000/yr12 months · AED 135 per sqft
12 Dec 2023RentedNew contract
AED 58,000/yr12 months · AED 135 per sqft
21 Dec 2022RentedNew contract
AED 48,000/yr12 months · AED 111 per sqft
8 Oct 2017RentedRenewal
AED 62,000/yr12 months · AED 144 per sqft
1 Oct 2017SoldReady
AED 645,000AED 1,479 per sqft
8 Oct 2016RentedRenewal
AED 63,000/yr12 months · AED 146 per sqft
8 Oct 2015RentedRenewal
AED 63,000/yr12 months · AED 146 per sqft

Source: Dubai Land Department. Updated 12 December 2025.

Key facts

Type
Studio apartment
Size
436 sqft
Floor
5th of 20
Parking
B3-12
Developer
DAMAC
Completed
2014
Service charge
AED 5,600 /yr
Last sold
AED 645K · October 2017

About 506, Executive Bay A

506 is a studio of 436 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 1 October 2017 for AED 645,000, or AED 1,479 per sqft, 4% below the AED 1,540 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 12 December 2025, is AED 58,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 5,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical studio in Executive Bay A
400K600K2013201720212025Typical 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, July 2014: AED 556,250 (AED 1,276 per sqft)Sold, October 2017: AED 645,000 (AED 1,479 per sqft)

506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 506, 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 2014: AED 60,000 a yearRenewal, October 2015: AED 63,000 a yearRenewal, October 2016: AED 63,000 a yearRenewal, October 2017: AED 62,000 a yearNew contract, December 2022: AED 48,000 a yearNew contract, December 2023: AED 58,000 a yearRenewal, December 2024: AED 58,000 a yearRenewal, December 2025: AED 58,000 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 506 sits

All 63 studios →

506 last sold in October 2017 at AED 1,479 per sqft, 4% below what studios in Executive Bay A were fetching at the time (AED 1,540). 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. 506's AED 58,000 is in the lower 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 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
5042-bedAED 1.34M · Mar 2024
505StudioAED 670K · Aug 2017
507StudioAED 660K · Oct 2018
5082-bedAED 1.38M · Jan 2026
1–7 of 10

506, Executive Bay A in numbers

  • Sold twice: first on 23 July 2014 for AED 556,250, last on 1 October 2017 for AED 645,000 (AED 1,479 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 48,000 in 2022 and recovered to AED 58,000 by December 2025.
  • At AED 58,000 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 5,600 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 12 December 2025.

Questions about 506, Executive Bay A

What did unit 506 last sell for?

AED 645,000 on 1 October 2017: AED 1,479 per sqft for 436 sqft. The unit has 2 registered sales; the first was AED 556,250 in July 2014.

What is the rent for unit 506?

AED 58,000 a year on the contract renewed on 12 December 2025. The previous contract, from December 2024, was AED 58,000; the unit has been rented since October 2014.

How big is unit 506?

436 sqft (40.5 sqm): a studio on the 5th floor of a 20-storey tower completed in 2014.

What is unit 506 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 506, Executive Bay A

Starts from the last sale price (AED 645K, 1 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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