1602, Executive Tower B (East Heights 4)
Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Executive Tower B (East Heights 4)
What is 1602 worth today?
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Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 990 sqft
- Floor
- 16th of 45
- Parking
- BB - 150
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 15,700 /yr
- Last sold
- AED 950K · October 2010
About 1602, Executive Tower B (East Heights 4)
1602 is a studio of 990 sqft on the 16th floor of Executive Tower B (East Heights 4), a 45-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 31 October 2010 for AED 950,000, or AED 959 per sqft, in line with the AED 966 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 10 July 2025, is AED 85,000 a year: a gross yield of 8.9% on the 2010 price, before the service charge of about AED 15,700 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Executive Tower B (East Heights 4), and where 1602 sits
All 136 studios →1602 last sold in October 2010 at AED 959 per sqft, in line with what studios in Executive Tower B (East Heights 4) were fetching at the time (AED 966). Over the last 12 months studios sold for AED 400,000 to 1,520,000, around AED 1,344 per sqft, and rent for AED 40,000 to 125,000 a year. 1602's AED 85,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 990 sqft | 1,199,910 | 1,212 | ||
| 4 Jul 20264 July 2026 | 990 sqft | 1,275,000 | 1,287 | ||
| 1 Jul 20261 July 2026 | 989 sqft | 1,276,739 | 1,290 | ||
| 8 Jun 20268 June 2026 | 952 sqft | 1,322,600 | 1,389 |
Executive Tower B (East Heights 4)
Building401 apartments, studios to 4-bed over 45 floors in Business Bay, completed in 2009 by Dubai Properties. 33 sold in the last 12 months.
- Typical price per sqft
- AED 1,344 Up 7.1%
- Typical sale
- AED 1.7M
- Typical rent
- AED 100K /yr
- Typical yield
- 6.3%
Other units on the 16th floor
All 401 units in Executive Tower B (East Heights 4)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 952 sqft | AED 920KAED 920,000 · Jun 2010June 2010 | ||
| 1603 | Studio | 990 sqft | AED 1.35MAED 1,350,000 · Feb 2017February 2017 | 94,500 /yr | |
| 1604 | Studio | 952 sqft | AED 1.53MAED 1,530,000 · Sep 2014September 2014 | 80,000 /yr | |
| 1605 | 1-bed | 1,356 sqft | AED 1.2MAED 1,200,000 · Aug 2023August 2023 | 108,150 /yr | |
| 1606 | 1-bed | 1,356 sqft | AED 1.86MAED 1,864,000 · Feb 2011February 2011 | 92,500 /yr | |
| 1607 | 1-bed | 1,356 sqft | AED 700KAED 700,000 · Mar 2024March 2024 | 100,000 /yr | |
| 1608 | 1-bed | 1,356 sqft | AED 1.76MAED 1,762,852 · Jan 2023January 2023 | 105,000 /yr | |
| 1609 | Studio | 952 sqft | AED 460KAED 460,000 · Jul 2011July 2011 | 95,000 /yr | |
| 1610 | Studio | 990 sqft | AED 1.18MAED 1,180,000 · Aug 2024August 2024 | 72,000 /yr | |
| 1611 | Studio | 990 sqft | AED 1.29MAED 1,290,609 · Oct 2025October 2025 | 40,000 /yr | |
| 1612 | Studio | 952 sqft | AED 950KAED 950,000 · Dec 2017December 2017 | 75,000 /yr |
1602, Executive Tower B (East Heights 4) in numbers
- Sold once: by Dubai Properties on 31 October 2010 for AED 950,000, or AED 959 per sqft.
- Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 49,000 in 2021 and recovered to AED 85,000 by July 2025.
- At AED 85,000 a year the gross yield on the 2010 price is 8.9%, before a service charge of about AED 15,700 a year (AED 15.82 per sqft).
- Studios in Executive Tower B (East Heights 4) sold for AED 400,000–1,520,000 in the 12 months to November 2026; the building's median across all types is AED 1,344 per sqft.
Source: Dubai Land Department. Updated 10 July 2025.
Questions about 1602, Executive Tower B (East Heights 4)
What did unit 1602 last sell for?
AED 950,000 on 31 October 2010, sold by the developer: AED 959 per sqft for 990 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 85,000 a year on the contract signed on 10 July 2025. The previous contract, from January 2025, was AED 73,000; the unit has been rented since December 2013.
How big is unit 1602?
990 sqft (92.0 sqm): a studio on the 16th floor of a 45-storey tower completed in 2009.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower B (East Heights 4) sold for AED 400,000 to 1,520,000 in the last 12 months, around AED 1,344 per sqft.
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Mortgage on 1602, Executive Tower B (East Heights 4)
Starts from the last sale price (AED 950K, 31 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →