Studio · 990 sqftExecutive Tower B (East Heights 4), Business Bay · 16th floor · completed 2009

1603, Executive Tower B (East Heights 4)

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

Unit 1603 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 1.35M14 February 2017
Current rentAED 95K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Executive Tower B (East Heights 4)

What is 1603 worth today?

Last sold for AED 1,350,000 in 2017

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10 Mar 2026RentedRenewal
AED 94,500/yr12 months · AED 95 per sqft
10 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
20 Oct 2024RentedRenewal
AED 83,168/yr3 months · AED 84 per sqft
20 Aug 2024RentedRenewal
AED 82,710/yr2 months · AED 84 per sqft
20 Aug 2023RentedRenewal
AED 75,000/yr12 months · AED 76 per sqft
20 May 2023RentedNew contract
AED 68,252/yr3 months · AED 69 per sqft
20 Apr 2022RentedNew contract
AED 65,000/yr13 months · AED 66 per sqft
1 Apr 2021RentedRenewal
AED 56,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
Studio apartment
Size
990 sqft
Floor
16th of 45
Parking
BB - 151
Developer
Dubai Properties
Completed
2009
Service charge
AED 15,700 /yr
Last sold
AED 1.35M · February 2017

About 1603, Executive Tower B (East Heights 4)

1603 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. It last sold on 14 February 2017 for AED 1,350,000, or AED 1,363 per sqft, 14% above the AED 1,193 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 94,500 a year: a gross yield of 7.0% on the 2017 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical studio in Executive Tower B (East Heights 4)
500K1M1.5M2010201520202025Typical sale price by year: 2010 AED 920,000; 2011 AED 805,000; 2012 AED 905,000; 2013 AED 950,000; 2014 AED 1,330,000; 2015 AED 1,175,000; 2016 AED 1,135,000; 2017 AED 1,200,000; 2018 AED 1,100,000; 2019 AED 960,000; 2020 AED 745,000; 2021 AED 860,000; 2022 AED 862,500; 2023 AED 910,000; 2024 AED 1,075,000; 2025 AED 1,200,000; 2026 AED 1,278,370Sold by developer, April 2011: AED 475,000 (AED 479 per sqft)Sold, February 2017: AED 1,350,000 (AED 1,363 per sqft)

1603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Executive Tower B (East Heights 4)
50K75K100K2013201720212025Typical rent by year: 2013 AED 62,000; 2014 AED 81,000; 2015 AED 91,500; 2016 AED 90,000; 2017 AED 82,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 57,000; 2023 AED 68,376; 2024 AED 79,822; 2025 AED 85,000; 2026 AED 86,000New contract, June 2014: AED 68,000 a yearNew contract, September 2015: AED 95,000 a yearNew contract, April 2017: AED 100,000 a yearRenewal, April 2018: AED 95,000 a yearRenewal, April 2019: AED 56,000 a yearRenewal, April 2020: AED 56,000 a yearRenewal, April 2021: AED 56,000 a yearNew contract, April 2022: AED 65,000 a yearNew contract, May 2023: AED 68,252 a yearRenewal, August 2023: AED 75,000 a yearRenewal, August 2024: AED 82,710 a yearRenewal, October 2024: AED 83,168 a yearNew contract, March 2025: AED 90,000 a yearRenewal, March 2026: AED 94,500 a year

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 1603 sits

All 136 studios →

1603 last sold in February 2017 at AED 1,363 per sqft, 14% above what studios in Executive Tower B (East Heights 4) were fetching at the time (AED 1,193). 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. 1603's AED 94,500 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 20261,199,910
4 Jul 20261,275,000
1 Jul 20261,276,739
8 Jun 20261,322,600
13 studio sales in the last 12 months

Executive Tower B (East Heights 4)

Building

401 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%
Executive Tower B (East Heights 4), Business Bay: prices, sales and rents →
Value
1601StudioAED 920K · Jun 2010
1602StudioAED 950K · Oct 2010
1604StudioAED 1.53M · Sep 2014
16051-bedAED 1.2M · Aug 2023
16061-bedAED 1.86M · Feb 2011
16071-bedAED 700K · Mar 2024
16081-bedAED 1.76M · Jan 2023
1–7 of 11

1603, Executive Tower B (East Heights 4) in numbers

  • Sold twice: first on 25 April 2011 for AED 475,000, last on 14 February 2017 for AED 1,350,000 (AED 1,363 per sqft).
  • Rented since June 2014 on 14 Ejari contracts. The rent fell from AED 68,000 to AED 56,000 in 2021 and recovered to AED 94,500 by March 2026.
  • At AED 94,500 a year the gross yield on the 2017 price is 7.0%, 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 March 2026.

Questions about 1603, Executive Tower B (East Heights 4)

What did unit 1603 last sell for?

AED 1,350,000 on 14 February 2017: AED 1,363 per sqft for 990 sqft. The unit has 2 registered sales; the first was AED 475,000 in April 2011.

What is the rent for unit 1603?

AED 94,500 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 90,000; the unit has been rented since June 2014.

How big is unit 1603?

990 sqft (92.0 sqm): a studio on the 16th floor of a 45-storey tower completed in 2009.

What is unit 1603 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 1603, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.35M, 14 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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