1-bed · 1,356 sqftExecutive Tower B (East Heights 4), Business Bay · 29th floor · completed 2009

2904, Executive Tower B (East Heights 4)

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 28 April 2024
Last soldAED 1.38M22 January 2024
Current rentAED 84K /yr28 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Executive Tower B (East Heights 4)

What is 2904 worth today?

Last sold for AED 1,375,000 in 2024

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28 Apr 2024RentedNew contract
AED 84,000/yr12 months · AED 62 per sqft
22 Jan 2024SoldReady
AED 1,375,000AED 1,013 per sqft
28 Apr 2023RentedRenewal
AED 75,000/yr12 months · AED 55 per sqft
28 Apr 2022RentedNew contract
AED 75,000/yr12 months · AED 55 per sqft
1 Nov 2021RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
26 Aug 2021SoldReady
AED 1,200,000AED 884 per sqft
1 Jun 2020RentedNew contract
AED 68,000/yr12 months · AED 50 per sqft
1 Apr 2019RentedRenewal
AED 85,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 28 April 2024.

Key facts

Type
1-bed apartment
Size
1,356 sqft
Floor
29th of 45
Parking
BM - 143
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,500 /yr
Last sold
AED 1.38M · January 2024

About 2904, Executive Tower B (East Heights 4)

2904 is a one-bedroom apartment of 1,356 sqft on the 29th 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 22 January 2024 for AED 1,375,000, or AED 1,013 per sqft, 9% above the AED 930 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 28 April 2024, is AED 84,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 21,500 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, 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 2011: AED 1,963,000 (AED 1,447 per sqft)Sold, August 2021: AED 1,200,000 (AED 884 per sqft)Sold, January 2024: AED 1,375,000 (AED 1,013 per sqft)

2904 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2904, 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 2014: AED 100,000 a yearNew contract, March 2016: AED 110,000 a yearNew contract, April 2017: AED 102,500 a yearNew contract, April 2018: AED 95,000 a yearRenewal, April 2019: AED 85,000 a yearNew contract, June 2020: AED 68,000 a yearNew contract, November 2021: AED 70,000 a yearNew contract, April 2022: AED 75,000 a yearRenewal, April 2023: AED 75,000 a yearNew contract, April 2024: AED 84,000 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 2904 sits

All 162 1-beds →

2904 last sold in January 2024 at AED 1,013 per sqft, 9% above what one-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 930). 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. 2904's AED 84,000 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
29012-bedAED 2.34M · Sep 2015
29022-bedAED 2.3M · Oct 2023
29031-bedAED 1.05M · Oct 2011
29051-bedAED 1.3M · Jul 2023
29061-bedAED 1.76M · Jan 2023
29072-bedAED 2.3M · Oct 2013
29082-bedAED 1.9M · Nov 2017

2904, Executive Tower B (East Heights 4) in numbers

  • Sold 3 times: first on 4 April 2011 for AED 1,963,000, last on 22 January 2024 for AED 1,375,000 (AED 1,013 per sqft).
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 68,000 in 2020 and recovered to AED 84,000 by April 2024.
  • At AED 84,000 a year the gross yield on the 2024 price is 6.1%, 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 28 April 2024.

Questions about 2904, Executive Tower B (East Heights 4)

What did unit 2904 last sell for?

AED 1,375,000 on 22 January 2024: AED 1,013 per sqft for 1,356 sqft. The unit has 3 registered sales; the first was AED 1,963,000 in April 2011.

What is the rent for unit 2904?

AED 84,000 a year on the contract signed on 28 April 2024. The previous contract, from April 2023, was AED 75,000; the unit has been rented since March 2014.

How big is unit 2904?

1,356 sqft (126.0 sqm): a one-bedroom apartment on the 29th floor of a 45-storey tower completed in 2009.

What is unit 2904 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 2904, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.38M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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