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

1610, Executive Tower B (East Heights 4)

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1610 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 1.18M19 August 2024
Current rentAED 72K /yr14 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Executive Tower B (East Heights 4)

What is 1610 worth today?

Last sold for AED 1,180,000 in 2024

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19 Aug 2024SoldReady
AED 1,180,000AED 1,191 per sqft
14 Oct 2023RentedRenewal
AED 72,000/yr12 months · AED 73 per sqft
14 Oct 2022RentedRenewal
AED 60,000/yr12 months · AED 61 per sqft
14 Oct 2021RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
10 Oct 2020RentedNew contract
AED 48,000/yr12 months · AED 48 per sqft
15 Sep 2019RentedNew contract
AED 57,000/yr12 months · AED 58 per sqft
1 Sep 2018RentedNew contract
AED 65,000/yr12 months · AED 66 per sqft
20 Jul 2017RentedRenewal
AED 94,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
Studio apartment
Size
990 sqft
Floor
16th of 45
Parking
BB - 158
Developer
Dubai Properties
Completed
2009
Service charge
AED 15,700 /yr
Last sold
AED 1.18M · August 2024

About 1610, Executive Tower B (East Heights 4)

1610 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 19 August 2024 for AED 1,180,000, or AED 1,191 per sqft, 15% above the AED 1,032 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 14 October 2023, is AED 72,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical studio in Executive Tower B (East Heights 4)
1M2010201520202025Typical 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, February 2010: AED 950,000 (AED 1,060 per sqft)Sold, February 2010: AED 725,000 (AED 809 per sqft)Sold, August 2024: AED 1,180,000 (AED 1,191 per sqft)

1610 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1610, 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, July 2015: AED 90,000 a yearNew contract, July 2016: AED 94,000 a yearRenewal, July 2017: AED 94,000 a yearNew contract, September 2018: AED 65,000 a yearNew contract, September 2019: AED 57,000 a yearNew contract, October 2020: AED 48,000 a yearNew contract, October 2021: AED 55,000 a yearRenewal, October 2022: AED 60,000 a yearRenewal, October 2023: AED 72,000 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 1610 sits

All 136 studios →

1610 last sold in August 2024 at AED 1,191 per sqft, 15% above what studios in Executive Tower B (East Heights 4) were fetching at the time (AED 1,032). 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. 1610's AED 72,000 is in the lower 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

1610, Executive Tower B (East Heights 4) in numbers

  • Sold 3 times: first on 23 February 2010 for AED 725,000, last on 19 August 2024 for AED 1,180,000 (AED 1,191 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 48,000 in 2020 and recovered to AED 72,000 by October 2023.
  • At AED 72,000 a year the gross yield on the 2024 price is 6.1%, 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 19 August 2024.

Questions about 1610, Executive Tower B (East Heights 4)

What did unit 1610 last sell for?

AED 1,180,000 on 19 August 2024: AED 1,191 per sqft for 990 sqft. The unit has 3 registered sales; the first was AED 725,000 in February 2010.

What is the rent for unit 1610?

AED 72,000 a year on the contract renewed on 14 October 2023. The previous contract, from October 2022, was AED 60,000; the unit has been rented since July 2015.

How big is unit 1610?

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

What is unit 1610 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 1610, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.18M, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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