Studio · 989 sqftExecutive Tower B (East Heights 4), Business Bay · 5th floor · completed 2009

503, Executive Tower B (East Heights 4)

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.15M2 July 2024
Current rentAED 90K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Executive Tower B (East Heights 4)

What is 503 worth today?

Last sold for AED 1,150,000 in 2024

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1 Oct 2024RentedNew contract
AED 90,000/yr12 months · AED 91 per sqft
2 Jul 2024SoldReady
AED 1,150,000AED 1,162 per sqft
25 May 2024RentedRenewal
AED 100,279/yr12 months · AED 101 per sqft
25 May 2023RentedRenewal
AED 67,000/yr12 months · AED 68 per sqft
25 May 2022RentedNew contract
AED 64,000/yr12 months · AED 65 per sqft
15 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 56 per sqft
20 Mar 2019RentedNew contract
AED 72,000/yr12 months · AED 73 per sqft
16 Sep 2018RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
989 sqft
Floor
5th of 45
Parking
BB - 27
Developer
Dubai Properties
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 1.15M · July 2024

About 503, Executive Tower B (East Heights 4)

503 is a studio of 989 sqft on the 5th 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 2 July 2024 for AED 1,150,000, or AED 1,162 per sqft, 15% above the AED 1,010 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 1 October 2024, is AED 90,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 15,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical studio in Executive Tower B (East Heights 4)
1M2010201520202025Typical sale price by year: 2010 AED 920,000; 2011 AED 805,000; 2012 AED 905,000; 2013 AED 950,000; 2014 AED 1,330,000; 2015 AED 1,175,000; 2016 AED 1,135,000; 2017 AED 1,200,000; 2018 AED 1,100,000; 2019 AED 960,000; 2020 AED 745,000; 2021 AED 860,000; 2022 AED 862,500; 2023 AED 910,000; 2024 AED 1,075,000; 2025 AED 1,200,000; 2026 AED 1,278,370Sold by developer, January 2011: AED 905,000 (AED 915 per sqft)Sold, March 2017: AED 1,285,000 (AED 1,299 per sqft)Sold, July 2024: AED 1,150,000 (AED 1,162 per sqft)

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

Rents
Unit 503, each contractTypical studio in Executive Tower B (East Heights 4)
50K75K100K2013201720212025Typical rent by year: 2013 AED 62,000; 2014 AED 81,000; 2015 AED 91,500; 2016 AED 90,000; 2017 AED 82,000; 2018 AED 70,000; 2019 AED 63,000; 2020 AED 52,000; 2021 AED 50,000; 2022 AED 57,000; 2023 AED 68,376; 2024 AED 79,822; 2025 AED 85,000; 2026 AED 86,000New contract, September 2018: AED 70,000 a yearNew contract, March 2019: AED 72,000 a yearNew contract, March 2021: AED 55,000 a yearNew contract, May 2022: AED 64,000 a yearRenewal, May 2023: AED 67,000 a yearRenewal, May 2024: AED 100,279 a yearNew contract, October 2024: AED 90,000 a year

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

Studios in Executive Tower B (East Heights 4), and where 503 sits

All 136 studios →

503 last sold in July 2024 at AED 1,162 per sqft, 15% above what studios in Executive Tower B (East Heights 4) were fetching at the time (AED 1,010). Over the last 12 months studios sold for AED 400,000 to 1,520,000, around AED 1,344 per sqft, and rent for AED 40,000 to 125,000 a year. 503's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 20261,199,910
4 Jul 20261,275,000
1 Jul 20261,276,739
8 Jun 20261,322,600
13 studio 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
501StudioAED 875K · Dec 2012
502StudioAED 1.39M · Feb 2016
504StudioAED 875K · Mar 2010
5051-bedAED 1.26M · Apr 2013
5061-bedAED 1.7M · Oct 2013
5071-bedAED 1.29M · Apr 2024
5081-bedAED 1.55M · May 2025
1–7 of 11

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

  • Sold 3 times: first on 30 January 2011 for AED 905,000, last on 2 July 2024 for AED 1,150,000 (AED 1,162 per sqft).
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 55,000 in 2021 and recovered to AED 90,000 by October 2024.
  • At AED 90,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 15,600 a year (AED 15.82 per sqft).
  • Studios in Executive Tower B (East Heights 4) sold for AED 400,000–1,520,000 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 1 October 2024.

Questions about 503, Executive Tower B (East Heights 4)

What did unit 503 last sell for?

AED 1,150,000 on 2 July 2024: AED 1,162 per sqft for 989 sqft. The unit has 3 registered sales; the first was AED 905,000 in January 2011.

What is the rent for unit 503?

AED 90,000 a year on the contract signed on 1 October 2024. The previous contract, from May 2024, was AED 100,279; the unit has been rented since September 2018.

How big is unit 503?

989 sqft (91.9 sqm): a studio on the 5th floor of a 45-storey tower completed in 2009.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower B (East Heights 4) sold for AED 400,000 to 1,520,000 in the last 12 months, around AED 1,344 per sqft.

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Mortgage on 503, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.15M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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