1-bed · 1,357 sqftExecutive Tower B (East Heights 4), Business Bay · 5th floor · completed 2009

507, Executive Tower B (East Heights 4)

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

Unit 507 · DLD and Ejari recordsUpdated 29 April 2024
Last soldAED 1.29M29 April 2024
Current rentAED 80K /yr10 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Executive Tower B (East Heights 4)

What is 507 worth today?

Last sold for AED 1,290,000 in 2024

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29 Apr 2024SoldReady
AED 1,290,000AED 950 per sqft
10 Apr 2023RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
10 Apr 2022RentedNew contract
AED 67,000/yr12 months · AED 49 per sqft
20 Mar 2021RentedRenewal
AED 52,000/yr12 months · AED 38 per sqft
20 Mar 2020RentedNew contract
AED 65,000/yr12 months · AED 48 per sqft
1 Mar 2016RentedRenewal
AED 105,000/yr12 months · AED 77 per sqft
1 Mar 2015RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft
1 Mar 2014RentedNew contract
AED 105,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 29 April 2024.

Key facts

Type
1-bed apartment
Size
1,357 sqft
Floor
5th of 45
Parking
BB - 31
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,500 /yr
Last sold
AED 1.29M · April 2024

About 507, Executive Tower B (East Heights 4)

507 is a one-bedroom apartment of 1,357 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 29 April 2024 for AED 1,290,000, or AED 950 per sqft, in line with the AED 950 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 April 2023, is AED 80,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 21,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Executive Tower B (East Heights 4)
1M2M2010201520202025Typical 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, September 2012: AED 627,500 (AED 462 per sqft)Sold, April 2024: AED 1,290,000 (AED 950 per sqft)

507 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in Executive Tower B (East Heights 4)
50K100K2012201620202024Typical 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 105,000 a yearNew contract, March 2015: AED 105,000 a yearRenewal, March 2016: AED 105,000 a yearNew contract, March 2020: AED 65,000 a yearRenewal, March 2021: AED 52,000 a yearNew contract, April 2022: AED 67,000 a yearRenewal, April 2023: AED 80,000 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 507 sits

All 162 1-beds →

507 last sold in April 2024 at AED 950 per sqft, in line with what one-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 950). 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. 507's AED 80,000 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
501StudioAED 875K · Dec 2012
502StudioAED 1.39M · Feb 2016
503StudioAED 1.15M · Jul 2024
504StudioAED 875K · Mar 2010
5051-bedAED 1.26M · Apr 2013
5061-bedAED 1.7M · Oct 2013
5081-bedAED 1.55M · May 2025
1–7 of 11

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

  • Sold twice: first on 23 September 2012 for AED 627,500, last on 29 April 2024 for AED 1,290,000 (AED 950 per sqft).
  • Rented since March 2014 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 52,000 in 2021 and recovered to AED 80,000 by April 2023.
  • At AED 80,000 a year the gross yield on the 2024 price is 6.2%, 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 29 April 2024.

Questions about 507, Executive Tower B (East Heights 4)

What did unit 507 last sell for?

AED 1,290,000 on 29 April 2024: AED 950 per sqft for 1,357 sqft. The unit has 2 registered sales; the first was AED 627,500 in September 2012.

What is the rent for unit 507?

AED 80,000 a year on the contract renewed on 10 April 2023. The previous contract, from April 2022, was AED 67,000; the unit has been rented since March 2014.

How big is unit 507?

1,357 sqft (126.1 sqm): a one-bedroom apartment on the 5th floor of a 45-storey tower completed in 2009.

What is unit 507 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 507, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.29M, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,000
Deposit, UAE resident (20%)
AED 258,000
Deposit, non-resident (40%)
AED 516,000
Monthly over 25 years at 3.7%
AED 5,278

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