Penthouse · 2,155 sqftExecutive Tower B (East Heights 4), Business Bay · 45th floor · completed 2009

4501, Executive Tower B (East Heights 4)

Sold prices and rental history: sold 3 times, last in November 2012, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4501 · DLD and Ejari recordsUpdated 10 July 2015
Last soldAED 2.2M14 November 2012
Current rentAED 150K /yr10 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4501, Executive Tower B (East Heights 4)

What is 4501 worth today?

Last sold for AED 2,200,000 in 2012

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10 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
14 Nov 2012SoldReady
AED 2,200,000AED 1,020 per sqft
25 Dec 2011SoldReady
AED 1,777,875AED 824 per sqft
24 Mar 2011Sold by developerReady
AED 2,050,000AED 951 per sqft

Source: Dubai Land Department. Updated 10 July 2015.

Key facts

Type
Penthouse apartment
Size
2,155 sqft
Floor
45th of 45
Parking
BM - 60 & 61
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,100 /yr
Last sold
AED 2.2M · November 2012

About 4501, Executive Tower B (East Heights 4)

4501 is a penthouse of 2,155 sqft on the 45th 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 14 November 2012 for AED 2,200,000, or AED 1,020 per sqft, 11% below the AED 1,152 penthouses in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2015. The current contract, signed on 10 July 2015, is AED 150,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 34,100 a year.

Sales and rents for 4501 over time

Sales
Unit 4501, each saleTypical penthouse in Executive Tower B (East Heights 4)
5M201120122013Typical sale price by year: 2011 AED 2,050,000; 2012 AED 7,500,000Sold by developer, March 2011: AED 2,050,000 (AED 951 per sqft)Sold, December 2011: AED 1,777,875 (AED 824 per sqft)Sold, November 2012: AED 2,200,000 (AED 1,020 per sqft)

4501 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Penthouses in Executive Tower B (East Heights 4), and where 4501 sits

All 5 penthouses →

4501 last sold in November 2012 at AED 1,020 per sqft, 11% below what penthouses in Executive Tower B (East Heights 4) were fetching at the time (AED 1,152).

Recent penthouse salesUnit no.Price (AED)Summary
31 Aug 20225,320,000
25 Nov 20212,525,100
10 Sep 20152,237,400
17 Jan 20138,000,000
0 penthouse 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
45021-bedAED 3.85M · Aug 2025
4503PenthouseAED 2.53M · Nov 2021
4504PenthouseAED 2.05M · Jan 2012
4601PenthouseAED 7.5M · Feb 2012
4602PenthouseAED 5.32M · Aug 2022

4501, Executive Tower B (East Heights 4) in numbers

  • Sold 3 times: first on 24 March 2011 for AED 2,050,000, last on 14 November 2012 for AED 2,200,000 (AED 1,020 per sqft).
  • Rented since July 2015 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 34,100 a year (AED 15.82 per sqft).

Source: Dubai Land Department. Updated 10 July 2015.

Questions about 4501, Executive Tower B (East Heights 4)

What did unit 4501 last sell for?

AED 2,200,000 on 14 November 2012: AED 1,020 per sqft for 2,155 sqft. The unit has 3 registered sales; the first was AED 2,050,000 in March 2011.

What is the rent for unit 4501?

AED 150,000 a year on the contract signed on 10 July 2015.

How big is unit 4501?

2,155 sqft (200.2 sqm): a penthouse on the 45th floor of a 45-storey tower completed in 2009.

What is unit 4501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4501, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 2.2M, 14 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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