Studio · 952 sqftExecutive Tower B (East Heights 4), Business Bay · 5th floor · completed 2009

512, Executive Tower B (East Heights 4)

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 1.07M15 December 2023
Current rentAED 80K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Executive Tower B (East Heights 4)

What is 512 worth today?

Last sold for AED 1,070,000 in 2023

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15 Dec 2023SoldReady
AED 1,070,000AED 1,123 per sqft
1 Sep 2022RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
13 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
20 Aug 2020RentedRenewal
AED 75,000/yr12 months · AED 79 per sqft
20 Aug 2019RentedNew contract
AED 78,000/yr12 months · AED 82 per sqft
13 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 95 per sqft
13 May 2017RentedNew contract
AED 115,000/yr12 months · AED 121 per sqft
6 Feb 2016RentedRenewal
AED 125,000/yr12 months · AED 132 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
Studio apartment
Size
952 sqft
Floor
5th of 45
Parking
BB - 36
Developer
Dubai Properties
Completed
2009
Service charge
AED 15,100 /yr
Last sold
AED 1.07M · December 2023

About 512, Executive Tower B (East Heights 4)

512 is a studio of 952 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 15 December 2023 for AED 1,070,000, or AED 1,123 per sqft, 21% above the AED 928 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 September 2022, is AED 80,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 15,100 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical studio in Executive Tower B (East Heights 4)
500K1M2010201520202025Typical 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, February 2013: AED 437,500 (AED 459 per sqft)Sold, December 2023: AED 1,070,000 (AED 1,123 per sqft)

512 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 512, each contractTypical studio in Executive Tower B (East Heights 4)
50K100K2012201620202024Typical 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, December 2012: AED 98,000 a yearNew contract, February 2015: AED 125,000 a yearRenewal, February 2016: AED 125,000 a yearNew contract, May 2017: AED 115,000 a yearNew contract, August 2018: AED 90,000 a yearNew contract, August 2019: AED 78,000 a yearRenewal, August 2020: AED 75,000 a yearNew contract, November 2021: AED 80,000 a yearNew contract, September 2022: AED 80,000 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 512 sits

All 136 studios →

512 last sold in December 2023 at AED 1,123 per sqft, 21% above what studios in Executive Tower B (East Heights 4) were fetching at the time (AED 928). 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. 512's AED 80,000 is in the lower 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
503StudioAED 1.15M · Jul 2024
504StudioAED 875K · Mar 2010
5051-bedAED 1.26M · Apr 2013
5061-bedAED 1.7M · Oct 2013
5071-bedAED 1.29M · Apr 2024
1–7 of 11

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

  • Sold twice: first on 7 February 2013 for AED 437,500, last on 15 December 2023 for AED 1,070,000 (AED 1,123 per sqft).
  • Rented since December 2012 on 9 Ejari contracts, from AED 98,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 15,100 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 15 December 2023.

Questions about 512, Executive Tower B (East Heights 4)

What did unit 512 last sell for?

AED 1,070,000 on 15 December 2023: AED 1,123 per sqft for 952 sqft. The unit has 2 registered sales; the first was AED 437,500 in February 2013.

What is the rent for unit 512?

AED 80,000 a year on the contract signed on 1 September 2022. The previous contract, from November 2021, was AED 80,000; the unit has been rented since December 2012.

How big is unit 512?

952 sqft (88.4 sqm): a studio on the 5th floor of a 45-storey tower completed in 2009.

What is unit 512 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 512, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 1.07M, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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