1-bed · 1,356 sqftExecutive Tower B (East Heights 4), Business Bay · 18th floor · completed 2009

1808, Executive Tower B (East Heights 4)

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 23 October 2020
Last soldAED 950K17 March 2020
Current rentAED 55K /yr23 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Executive Tower B (East Heights 4)

What is 1808 worth today?

Last sold for AED 950,000 in 2020

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23 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 41 per sqft
17 Mar 2020SoldReady
AED 950,000AED 700 per sqft
23 Oct 2019RentedRenewal
AED 65,000/yr12 months · AED 48 per sqft
23 Oct 2018RentedRenewal
AED 76,000/yr12 months · AED 56 per sqft
23 Oct 2017RentedRenewal
AED 90,000/yr12 months · AED 66 per sqft
23 Oct 2016RentedNew contract
AED 95,000/yr12 months · AED 70 per sqft
14 Jul 2016RentedRenewal
AED 96,822/yr2 months · AED 71 per sqft
14 Jul 2015RentedRenewal
AED 86,625/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 23 October 2020.

Key facts

Type
1-bed apartment
Size
1,356 sqft
Floor
18th of 45
Parking
BM - 12
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,500 /yr
Last sold
AED 950K · March 2020

About 1808, Executive Tower B (East Heights 4)

1808 is a one-bedroom apartment of 1,356 sqft on the 18th 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 17 March 2020 for AED 950,000, or AED 700 per sqft, 6% below the AED 743 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 23 October 2020, is AED 55,000 a year: a gross yield of 5.8% on the 2020 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, each saleTypical one-bed in Executive Tower B (East Heights 4)
1M2010201520202025Typical sale price by year: 2010 AED 1,505,000; 2011 AED 1,055,550; 2012 AED 1,255,000; 2013 AED 1,357,000; 2014 AED 1,800,000; 2015 AED 1,500,000; 2016 AED 1,315,000; 2017 AED 1,440,000; 2018 AED 1,400,000; 2019 AED 1,075,000; 2020 AED 950,000; 2021 AED 1,012,500; 2022 AED 1,095,000; 2023 AED 1,200,000; 2024 AED 1,330,000; 2025 AED 1,580,000; 2026 AED 1,700,000Sold by developer, April 2011: AED 690,000 (AED 508 per sqft)Sold, March 2020: AED 950,000 (AED 700 per sqft)

1808 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1808, each contractTypical one-bed in Executive Tower B (East Heights 4)
50K75K100K2012201620202024Typical rent by year: 2012 AED 74,909; 2013 AED 82,500; 2014 AED 100,000; 2015 AED 110,000; 2016 AED 106,250; 2017 AED 96,500; 2018 AED 85,000; 2019 AED 75,500; 2020 AED 66,000; 2021 AED 62,000; 2022 AED 69,000; 2023 AED 79,114; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 100,000New contract, July 2013: AED 75,000 a yearRenewal, July 2014: AED 78,750 a yearRenewal, July 2015: AED 86,625 a yearRenewal, July 2016: AED 96,822 a yearNew contract, October 2016: AED 95,000 a yearRenewal, October 2017: AED 90,000 a yearRenewal, October 2018: AED 76,000 a yearRenewal, October 2019: AED 65,000 a yearNew contract, October 2020: AED 55,000 a year

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

1-beds in Executive Tower B (East Heights 4), and where 1808 sits

All 162 1-beds →

1808 last sold in March 2020 at AED 700 per sqft, 6% below what one-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 743). Over the last 12 months one-beds sold for AED 1,675,000 to 1,800,000, around AED 1,268 per sqft, and rent for AED 59,822 to 185,000 a year. 1808's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Aug 20261,675,000
17 Jul 20261,700,000
18 May 20261,700,000
22 Apr 20261,720,000
11 1-bed 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
1801StudioAED 820K · Oct 2022
1802StudioAED 1.38M · Dec 2017
1803StudioAED 1.2M · Oct 2026
1804StudioAED 925K · Oct 2023
18051-bedAED 1.69M · Mar 2011
18061-bedAED 1.32M · Mar 2014
18071-bedAED 1.5M · Jun 2016
1–7 of 11

1808, Executive Tower B (East Heights 4) in numbers

  • Sold twice: first on 10 April 2011 for AED 690,000, last on 17 March 2020 for AED 950,000 (AED 700 per sqft).
  • Rented since July 2013 on 9 Ejari contracts, from AED 75,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 5.8%, before a service charge of about AED 21,500 a year (AED 15.82 per sqft).
  • One-beds in Executive Tower B (East Heights 4) sold for AED 1,675,000–1,800,000 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 23 October 2020.

Questions about 1808, Executive Tower B (East Heights 4)

What did unit 1808 last sell for?

AED 950,000 on 17 March 2020: AED 700 per sqft for 1,356 sqft. The unit has 2 registered sales; the first was AED 690,000 in April 2011.

What is the rent for unit 1808?

AED 55,000 a year on the contract signed on 23 October 2020. The previous contract, from October 2019, was AED 65,000; the unit has been rented since July 2013.

How big is unit 1808?

1,356 sqft (126.0 sqm): a one-bedroom apartment on the 18th floor of a 45-storey tower completed in 2009.

What is unit 1808 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Tower B (East Heights 4) sold for AED 1,675,000 to 1,800,000 in the last 12 months, around AED 1,268 per sqft.

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Mortgage on 1808, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 950K, 17 March 2020). 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 →