2-bed · 1,604 sqftExecutive Tower B (East Heights 4), Business Bay · 39th floor · completed 2009

3908, Executive Tower B (East Heights 4)

Sold prices and rental history: sold 3 times, last in November 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3908 · DLD and Ejari recordsUpdated 23 January 2020
Last soldAED 2.48M20 November 2014
Current rentAED 106K /yr23 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3908, Executive Tower B (East Heights 4)

What is 3908 worth today?

Last sold for AED 2,480,000 in 2014

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23 Jan 2020RentedRenewal
AED 106,000/yr12 months · AED 66 per sqft
23 Jan 2019RentedRenewal
AED 115,000/yr12 months · AED 72 per sqft
23 Jan 2018RentedNew contract
AED 115,000/yr12 months · AED 72 per sqft
15 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 90 per sqft
15 Dec 2015RentedNew contract
AED 145,000/yr12 months · AED 90 per sqft
25 Nov 2014RentedNew contract
AED 120,000/yr10 months · AED 75 per sqft
20 Nov 2014SoldReady
AED 2,480,000AED 1,546 per sqft
25 Sep 2013RentedNew contract
AED 100,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 23 January 2020.

Key facts

Type
2-bed apartment
Size
1,604 sqft
Floor
39th of 45
Parking
BG - 62
Developer
Dubai Properties
Completed
2009
Service charge
AED 25,400 /yr
Last sold
AED 2.48M · November 2014

About 3908, Executive Tower B (East Heights 4)

3908 is a two-bedroom apartment of 1,604 sqft on the 39th 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 20 November 2014 for AED 2,480,000, or AED 1,546 per sqft, in line with the AED 1,551 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 23 January 2020, is AED 106,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 25,400 a year.

Sales and rents for 3908 over time

Sales
Unit 3908, each saleTypical two-bed in Executive Tower B (East Heights 4)
1M2M2010201520202025Typical sale price by year: 2010 AED 1,685,200; 2011 AED 1,250,000; 2012 AED 1,802,250; 2013 AED 1,992,500; 2014 AED 2,525,000; 2015 AED 1,962,500; 2016 AED 2,150,000; 2017 AED 2,237,500; 2018 AED 1,950,000; 2019 AED 1,425,000; 2020 AED 1,550,000; 2021 AED 1,625,000; 2022 AED 1,610,000; 2023 AED 1,909,000; 2024 AED 2,175,000; 2025 AED 2,305,000; 2026 AED 2,450,000Sold by developer, May 2011: AED 704,720 (AED 439 per sqft)Sold, May 2011: AED 1,760,000 (AED 1,097 per sqft)Sold, November 2014: AED 2,480,000 (AED 1,546 per sqft)

3908 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3908, each contractTypical two-bed in Executive Tower B (East Heights 4)
100K150K2013201720212025Typical rent by year: 2013 AED 97,375; 2014 AED 126,250; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 132,250; 2018 AED 120,000; 2019 AED 105,000; 2020 AED 93,000; 2021 AED 88,000; 2022 AED 100,000; 2023 AED 120,750; 2024 AED 135,000; 2025 AED 140,000; 2026 AED 138,500New contract, September 2013: AED 100,000 a yearNew contract, November 2014: AED 120,000 a yearNew contract, December 2015: AED 145,000 a yearNew contract, December 2016: AED 145,000 a yearNew contract, January 2018: AED 115,000 a yearRenewal, January 2019: AED 115,000 a yearRenewal, January 2020: AED 106,000 a year

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

2-beds in Executive Tower B (East Heights 4), and where 3908 sits

All 92 2-beds →

3908 last sold in November 2014 at AED 1,546 per sqft, in line with what two-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 1,551). Over the last 12 months two-beds sold for AED 1,200,000 to 3,300,000, around AED 1,496 per sqft, and rent for AED 100,000 to 200,000 a year. 3908's AED 106,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,300,000
13 Aug 20262,201,456
7 Aug 20262,400,000
2 Jul 20261,200,000
9 2-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
39012-bedAED 1.84M · Dec 2012
39022-bedAED 2.2M · Jul 2024
39031-bedAED 1.6M · Mar 2013
39041-bedAED 1.51M · Sep 2010
39051-bedAED 1.52M · May 2017
39061-bedAED 890K · Aug 2011
39072-bedAED 2M · Apr 2016

3908, Executive Tower B (East Heights 4) in numbers

  • Sold 3 times: first on 19 May 2011 for AED 1,760,000, last on 20 November 2014 for AED 2,480,000 (AED 1,546 per sqft).
  • Rented since September 2013 on 7 Ejari contracts, from AED 100,000 to AED 106,000 a year.
  • At AED 106,000 a year the gross yield on the 2014 price is 4.3%, before a service charge of about AED 25,400 a year (AED 15.82 per sqft).
  • Two-beds in Executive Tower B (East Heights 4) sold for AED 1,200,000–3,300,000 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 January 2020.

Questions about 3908, Executive Tower B (East Heights 4)

What did unit 3908 last sell for?

AED 2,480,000 on 20 November 2014: AED 1,546 per sqft for 1,604 sqft. The unit has 3 registered sales; the first was AED 1,760,000 in May 2011.

What is the rent for unit 3908?

AED 106,000 a year on the contract renewed on 23 January 2020. The previous contract, from January 2019, was AED 115,000; the unit has been rented since September 2013.

How big is unit 3908?

1,604 sqft (149.0 sqm): a two-bedroom apartment on the 39th floor of a 45-storey tower completed in 2009.

What is unit 3908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower B (East Heights 4) sold for AED 1,200,000 to 3,300,000 in the last 12 months, around AED 1,496 per sqft.

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Mortgage on 3908, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 2.48M, 20 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,480,000
Deposit, UAE resident (20%)
AED 496,000
Deposit, non-resident (40%)
AED 992,000
Monthly over 25 years at 3.7%
AED 10,146

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