1-bed · 1,356 sqftExecutive Tower B (East Heights 4), Business Bay · 23rd floor · completed 2009

2304, Executive Tower B (East Heights 4)

Sold prices and rental history: sold twice, last in February 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 24 February 2021
Last soldAED 1M24 February 2021
Current rentAED 85K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Executive Tower B (East Heights 4)

What is 2304 worth today?

Last sold for AED 1,000,005 in 2021

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24 Feb 2021SoldReady
AED 1,000,005AED 737 per sqft
1 Mar 2020RentedRenewal
AED 85,000/yr12 months · AED 63 per sqft
1 Mar 2019RentedNew contract
AED 85,000/yr12 months · AED 63 per sqft
10 Mar 2015RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
25 Apr 2010Sold by developerReady
AED 1,963,000AED 1,708 per sqft

Source: Dubai Land Department. Updated 24 February 2021.

Key facts

Type
1-bed apartment
Size
1,356 sqft
Floor
23rd of 45
Parking
BM - 95
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,500 /yr
Last sold
AED 1M · February 2021

About 2304, Executive Tower B (East Heights 4)

2304 is a one-bedroom apartment of 1,356 sqft on the 23rd 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 24 February 2021 for AED 1,000,005, or AED 737 per sqft, 6% above the AED 697 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 March 2020, is AED 85,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 21,500 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical one-bed in Executive Tower B (East Heights 4)
1M1.5M2M2010201520202025Typical 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 2010: AED 1,963,000 (AED 1,708 per sqft)Sold, February 2021: AED 1,000,005 (AED 737 per sqft)

2304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in Executive Tower B (East Heights 4)
75K100K2012201620202024Typical 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, March 2015: AED 115,000 a yearNew contract, March 2019: AED 85,000 a yearRenewal, March 2020: AED 85,000 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 2304 sits

All 162 1-beds →

2304 last sold in February 2021 at AED 737 per sqft, 6% above what one-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 697). 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. 2304's AED 85,000 is in the lower half 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
23012-bedAED 2.35M · Aug 2016
23022-bedAED 1.65M · Sep 2010
23031-bedAED 982K · Jul 2011
23051-bedAED 1.08M · Dec 2021
23061-bedAED 1.31M · Oct 2021
23072-bedAED 1.56M · Mar 2022
23082-bedAED 1.95M · Feb 2018

2304, Executive Tower B (East Heights 4) in numbers

  • Sold twice: first on 25 April 2010 for AED 1,963,000, last on 24 February 2021 for AED 1,000,005 (AED 737 per sqft).
  • Rented since March 2015 on 3 Ejari contracts, from AED 115,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 8.5%, 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 24 February 2021.

Questions about 2304, Executive Tower B (East Heights 4)

What did unit 2304 last sell for?

AED 1,000,005 on 24 February 2021: AED 737 per sqft for 1,356 sqft. The unit has 2 registered sales; the first was AED 1,963,000 in April 2010.

What is the rent for unit 2304?

AED 85,000 a year on the contract renewed on 1 March 2020. The previous contract, from March 2019, was AED 85,000; the unit has been rented since March 2015.

How big is unit 2304?

1,356 sqft (126.0 sqm): a one-bedroom apartment on the 23rd floor of a 45-storey tower completed in 2009.

What is unit 2304 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 2304, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1M, 24 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,005
Deposit, UAE resident (20%)
AED 200,001
Deposit, non-resident (40%)
AED 400,002
Monthly over 25 years at 3.7%
AED 4,091

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