1-bed · 1,357 sqftExecutive Tower B (East Heights 4), Business Bay · 7th floor · completed 2009

707, Executive Tower B (East Heights 4)

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 965K25 February 2020
Current rentAED 68K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Executive Tower B (East Heights 4)

What is 707 worth today?

Last sold for AED 965,000 in 2020

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1 Jul 2022RentedRenewal
AED 68,000/yr12 months · AED 50 per sqft
1 Jul 2021RentedRenewal
AED 64,000/yr12 months · AED 47 per sqft
1 Jul 2020RentedNew contract
AED 66,000/yr12 months · AED 49 per sqft
1 Apr 2020RentedRenewal
AED 78,000/yr12 months · AED 57 per sqft
25 Feb 2020SoldReady
AED 965,000AED 711 per sqft
1 Apr 2019RentedNew contract
AED 78,000/yr12 months · AED 57 per sqft
1 Feb 2018RentedRenewal
AED 96,000/yr12 months · AED 71 per sqft
1 Feb 2017RentedRenewal
AED 96,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
1,357 sqft
Floor
7th of 45
Parking
BB - 55
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,500 /yr
Last sold
AED 965K · February 2020

About 707, Executive Tower B (East Heights 4)

707 is a one-bedroom apartment of 1,357 sqft on the 7th 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 25 February 2020 for AED 965,000, or AED 711 per sqft, 8% below the AED 774 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 68,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 21,500 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, July 2011: AED 627,500 (AED 462 per sqft)Sold, February 2020: AED 965,000 (AED 711 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in Executive Tower B (East Heights 4)
75K100K2012201620202024Typical 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, February 2014: AED 96,000 a yearRenewal, February 2015: AED 96,000 a yearRenewal, February 2016: AED 96,000 a yearRenewal, February 2017: AED 96,000 a yearRenewal, February 2018: AED 96,000 a yearNew contract, April 2019: AED 78,000 a yearRenewal, April 2020: AED 78,000 a yearNew contract, July 2020: AED 66,000 a yearRenewal, July 2021: AED 64,000 a yearRenewal, July 2022: AED 68,000 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 707 sits

All 162 1-beds →

707 last sold in February 2020 at AED 711 per sqft, 8% below what one-beds in Executive Tower B (East Heights 4) were fetching at the time (AED 774). 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. 707's AED 68,000 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
701StudioAED 1.07M · Aug 2024
702StudioAED 800K · Jul 2011
703StudioAED 453K · Feb 2012
704StudioAED 867K · Apr 2023
7051-bedNo registered sale
7061-bedAED 1.26M · Apr 2013
7081-bedAED 1.01M · Dec 2021
1–7 of 11

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

  • Sold twice: first on 28 July 2011 for AED 627,500, last on 25 February 2020 for AED 965,000 (AED 711 per sqft).
  • Rented since February 2014 on 10 Ejari contracts, from AED 96,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2020 price is 7.0%, 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 1 July 2022.

Questions about 707, Executive Tower B (East Heights 4)

What did unit 707 last sell for?

AED 965,000 on 25 February 2020: AED 711 per sqft for 1,357 sqft. The unit has 2 registered sales; the first was AED 627,500 in July 2011.

What is the rent for unit 707?

AED 68,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 64,000; the unit has been rented since February 2014.

How big is unit 707?

1,357 sqft (126.1 sqm): a one-bedroom apartment on the 7th floor of a 45-storey tower completed in 2009.

What is unit 707 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 707, Executive Tower B (East Heights 4)

Starts from the last sale price (AED 965K, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 965,000
Deposit, UAE resident (20%)
AED 193,000
Deposit, non-resident (40%)
AED 386,000
Monthly over 25 years at 3.7%
AED 3,948

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