Studio · 952 sqftExecutive Tower B (East Heights 4), Business Bay · 16th floor · completed 2009

1609, Executive Tower B (East Heights 4)

Sold prices and rental history: sold once, by the developer in July 2011, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 460K28 July 2011
Current rentAED 95K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Executive Tower B (East Heights 4)

What is 1609 worth today?

Last sold for AED 460,000 in 2011

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1 Feb 2026RentedNew contract
AED 95,000/yr12 months · AED 100 per sqft
28 Jul 2011Sold by developerReady
AED 460,000AED 483 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
952 sqft
Floor
16th of 45
Parking
BB - 157
Developer
Dubai Properties
Completed
2009
Service charge
AED 15,100 /yr
Last sold
AED 460K · July 2011

About 1609, Executive Tower B (East Heights 4)

1609 is a studio of 952 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 28 July 2011 for AED 460,000, or AED 483 per sqft, 47% below the AED 915 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 95,000 a year: a gross yield of 20.6% on the 2011 price, before the service charge of about AED 15,100 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical studio in Executive Tower B (East Heights 4)
500K1M2010201520202025Typical 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, July 2011: AED 460,000 (AED 483 per sqft)

1609 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1609, 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, February 2026: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Executive Tower B (East Heights 4), and where 1609 sits

All 136 studios →

1609 last sold in July 2011 at AED 483 per sqft, 47% below what studios in Executive Tower B (East Heights 4) were fetching at the time (AED 915). 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. 1609's AED 95,000 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
1603StudioAED 1.35M · Feb 2017
1604StudioAED 1.53M · Sep 2014
16051-bedAED 1.2M · Aug 2023
16061-bedAED 1.86M · Feb 2011
16071-bedAED 700K · Mar 2024
1–7 of 11

1609, Executive Tower B (East Heights 4) in numbers

  • Sold once: by Dubai Properties on 28 July 2011 for AED 460,000, or AED 483 per sqft.
  • Rented since February 2026 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2011 price is 20.6%, before a service charge of about AED 15,100 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 1 February 2026.

Questions about 1609, Executive Tower B (East Heights 4)

What did unit 1609 last sell for?

AED 460,000 on 28 July 2011, sold by the developer: AED 483 per sqft for 952 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 95,000 a year on the contract signed on 1 February 2026.

How big is unit 1609?

952 sqft (88.4 sqm): a studio on the 16th floor of a 45-storey tower completed in 2009.

What is unit 1609 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 1609, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 460K, 28 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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