Penthouse · 5,879 sqftExecutive Tower B (East Heights 4), Business Bay · 45th floor · completed 2009

4602, Executive Tower B (East Heights 4)

Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4602 · DLD and Ejari recordsUpdated 31 August 2022
Last soldAED 5.32M31 August 2022
Current rentAED 280K /yr20 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4602, Executive Tower B (East Heights 4)

What is 4602 worth today?

Last sold for AED 5,320,000 in 2022

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31 Aug 2022SoldReady
AED 5,320,000AED 904 per sqft
20 Sep 2018RentedNew contract
AED 280,000/yr12 months · AED 48 per sqft
10 Sep 2017RentedNew contract
AED 280,000/yr12 months · AED 48 per sqft
17 Jan 2013SoldReady
AED 8,000,000AED 1,360 per sqft
28 Jul 2011Sold by developerReady
AED 3,862,500AED 656 per sqft

Source: Dubai Land Department. Updated 31 August 2022.

Key facts

Type
Penthouse apartment
Size
5,879 sqft
Floor
45th of 45
Parking
BM - 70 & 71
Developer
Dubai Properties
Completed
2009
Service charge
AED 93,000 /yr
Last sold
AED 5.32M · August 2022

About 4602, Executive Tower B (East Heights 4)

4602 is a penthouse of 5,879 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 31 August 2022 for AED 5,320,000, or AED 904 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 20 September 2018, is AED 280,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 93,000 a year.

Sales and rents for 4602 over time

Sales
Unit 4602, each saleTypical penthouse in Executive Tower B (East Heights 4)
5M2011201520192023Typical sale price by year: 2011 AED 2,050,000; 2012 AED 7,500,000Sold by developer, July 2011: AED 3,862,500 (AED 656 per sqft)Sold, January 2013: AED 8,000,000 (AED 1,360 per sqft)Sold, August 2022: AED 5,320,000 (AED 904 per sqft)

4602 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 4602 sits

All 5 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
25 Nov 20212,525,100
10 Sep 20152,237,400
14 Nov 20122,200,000
26 Feb 20127,500,000
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
4501PenthouseAED 2.2M · Nov 2012
45021-bedAED 3.85M · Aug 2025
4503PenthouseAED 2.53M · Nov 2021
4504PenthouseAED 2.05M · Jan 2012
4601PenthouseAED 7.5M · Feb 2012

4602, Executive Tower B (East Heights 4) in numbers

  • Sold 3 times: first on 28 July 2011 for AED 3,862,500, last on 31 August 2022 for AED 5,320,000 (AED 904 per sqft).
  • Rented since September 2017 on 2 Ejari contracts, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 93,000 a year (AED 15.82 per sqft).

Source: Dubai Land Department. Updated 31 August 2022.

Questions about 4602, Executive Tower B (East Heights 4)

What did unit 4602 last sell for?

AED 5,320,000 on 31 August 2022: AED 904 per sqft for 5,879 sqft. The unit has 3 registered sales; the first was AED 3,862,500 in July 2011.

What is the rent for unit 4602?

AED 280,000 a year on the contract signed on 20 September 2018. The previous contract, from September 2017, was AED 280,000.

How big is unit 4602?

5,879 sqft (546.2 sqm): a penthouse on the 45th floor of a 45-storey tower completed in 2009.

What is unit 4602 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 4602, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 5.32M, 31 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 5,320,000
Deposit, UAE resident (20%)
AED 1,064,000
Deposit, non-resident (40%)
AED 2,128,000
Monthly over 25 years at 3.7%
AED 21,766

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