1-bed · 1,356 sqftExecutive Tower B (East Heights 4), Business Bay · 27th floor · completed 2009

2704, Executive Tower B (East Heights 4)

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 1.1M23 March 2021
Current rentAED 70K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Executive Tower B (East Heights 4)

What is 2704 worth today?

Last sold for AED 1,100,000 in 2021

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10 Aug 2024RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
10 Aug 2023RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
10 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
23 Mar 2021SoldReady
AED 1,100,000AED 811 per sqft
10 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 46 per sqft
10 Dec 2019RentedRenewal
AED 77,000/yr12 months · AED 57 per sqft
10 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 59 per sqft
19 May 2017RentedNew contract
AED 98,047/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
1,356 sqft
Floor
27th of 45
Parking
BM - 127
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,500 /yr
Last sold
AED 1.1M · March 2021

About 2704, Executive Tower B (East Heights 4)

2704 is a one-bedroom apartment of 1,356 sqft on the 27th 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 23 March 2021 for AED 1,100,000, or AED 811 per sqft, 17% above the AED 692 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 70,000 a year: a gross yield of 6.4% on the 2021 price, before the service charge of about AED 21,500 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, each saleTypical one-bed in Executive Tower B (East Heights 4)
1M1.5M2010201520202025Typical 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, February 2011: AED 1,470,000 (AED 1,084 per sqft)Sold, March 2021: AED 1,100,000 (AED 811 per sqft)

2704 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2704, 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, August 2013: AED 95,000 a yearNew contract, September 2014: AED 115,000 a yearNew contract, October 2015: AED 115,000 a yearRenewal, October 2016: AED 115,000 a yearNew contract, May 2017: AED 98,047 a yearNew contract, December 2018: AED 80,000 a yearRenewal, December 2019: AED 77,000 a yearNew contract, December 2020: AED 62,000 a yearNew contract, August 2022: AED 70,000 a yearRenewal, August 2023: AED 70,000 a yearRenewal, August 2024: AED 70,000 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 2704 sits

All 162 1-beds →

2704 last sold in March 2021 at AED 811 per sqft, 17% above what one-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 692). 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. 2704's AED 70,000 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
27012-bedAED 3.2M · Mar 2014
27022-bedAED 2.05M · Mar 2024
27031-bedAED 1.9M · Jun 2014
27051-bedAED 1.23M · Jun 2023
27061-bedAED 1.76M · Nov 2014
27072-bedAED 2.75M · Apr 2014
27082-bedAED 2.57M · Jul 2014

2704, Executive Tower B (East Heights 4) in numbers

  • Sold twice: first on 6 February 2011 for AED 1,470,000, last on 23 March 2021 for AED 1,100,000 (AED 811 per sqft).
  • Rented since August 2013 on 11 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2020 and recovered to AED 70,000 by August 2024.
  • At AED 70,000 a year the gross yield on the 2021 price is 6.4%, 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 10 August 2024.

Questions about 2704, Executive Tower B (East Heights 4)

What did unit 2704 last sell for?

AED 1,100,000 on 23 March 2021: AED 811 per sqft for 1,356 sqft. The unit has 2 registered sales; the first was AED 1,470,000 in February 2011.

What is the rent for unit 2704?

AED 70,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2023, was AED 70,000; the unit has been rented since August 2013.

How big is unit 2704?

1,356 sqft (126.0 sqm): a one-bedroom apartment on the 27th floor of a 45-storey tower completed in 2009.

What is unit 2704 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 2704, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.1M, 23 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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