2-bed · 1,815 sqftExecutive Tower C (East Heights 3), Business Bay · 12th floor · completed 2009

1206, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 2.2M19 June 2024
Current rentAED 105K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Executive Tower C (East Heights 3)

What is 1206 worth today?

Last sold for AED 2,200,000 in 2024

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19 Jun 2024SoldReady
AED 2,200,000AED 1,212 per sqft
1 Oct 2023RentedRenewal
AED 105,000/yr6 months · AED 58 per sqft
1 Oct 2022RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
1 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 55 per sqft
30 May 2018RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
23 Dec 2016RentedRenewal
AED 140,000/yr12 months · AED 77 per sqft
23 Dec 2015RentedNew contract
AED 140,000/yr12 months · AED 77 per sqft
18 Nov 2014Sold by developerReady
AED 2,474,344AED 1,363 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
2-bed apartment
Size
1,815 sqft
Floor
12th of 27
Parking
CB-22
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.2M · June 2024

About 1206, Executive Tower C (East Heights 3)

1206 is a two-bedroom apartment of 1,815 sqft on the 12th floor of Executive Tower C (East Heights 3), a 27-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 19 June 2024 for AED 2,200,000, or AED 1,212 per sqft, 12% above the AED 1,084 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 105,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Executive Tower C (East Heights 3)
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 2,359,110; 2015 AED 2,286,725; 2016 AED 2,037,500; 2017 AED 1,900,000; 2022 AED 1,635,000; 2023 AED 1,647,500; 2024 AED 2,287,500; 2025 AED 2,125,000; 2026 AED 2,170,000Sold by developer, November 2014: AED 2,474,344 (AED 1,363 per sqft)Sold, June 2024: AED 2,200,000 (AED 1,212 per sqft)

1206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Executive Tower C (East Heights 3)
100K150K2012201620202024Typical rent by year: 2012 AED 73,000; 2013 AED 78,500; 2014 AED 84,000; 2015 AED 125,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 113,750; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 93,000; 2023 AED 107,500; 2024 AED 125,000; 2025 AED 140,000; 2026 AED 133,125New contract, March 2012: AED 75,000 a yearRenewal, March 2013: AED 79,000 a yearRenewal, March 2014: AED 84,000 a yearNew contract, December 2015: AED 140,000 a yearRenewal, December 2016: AED 140,000 a yearNew contract, May 2018: AED 120,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, October 2022: AED 105,000 a yearRenewal, October 2023: AED 105,000 a year

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

2-beds in Executive Tower C (East Heights 3), and where 1206 sits

All 50 2-beds →

1206 last sold in June 2024 at AED 1,212 per sqft, 12% above what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,084). Over the last 12 months two-beds sold for AED 1,850,000 to 2,550,000, around AED 1,324 per sqft, and rent for AED 110,557 to 160,000 a year. 1206's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20262,170,000
29 Jul 20261,850,000
12 Mar 20262,345,000
18 Feb 20262,450,000
9 2-bed sales in the last 12 months

Executive Tower C (East Heights 3)

Building

128 apartments, 1-bed to 4-bed over 27 floors in Business Bay, completed in 2009 by Dubai Properties. 16 sold in the last 12 months.

Typical price per sqft
AED 1,361 Up 1.5%
Typical sale
AED 2.5M
Typical rent
AED 156K /yr
Typical yield
6.5%
Executive Tower C (East Heights 3), Business Bay: prices, sales and rents →
Value
12013-bedAED 2.73M · Sep 2024
12023-bedAED 2.95M · Dec 2014
12032-bedAED 1.93M · Jan 2026
12042-bedAED 2.26M · Dec 2014
12052-bedAED 2.17M · Aug 2026

1206, Executive Tower C (East Heights 3) in numbers

  • Sold twice: first on 18 November 2014 for AED 2,474,344, last on 19 June 2024 for AED 2,200,000 (AED 1,212 per sqft).
  • Rented since March 2012 on 9 Ejari contracts, from AED 75,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 27,800 a year (AED 15.30 per sqft).
  • Two-beds in Executive Tower C (East Heights 3) sold for AED 1,850,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,361 per sqft.

Source: Dubai Land Department. Updated 19 June 2024.

Questions about 1206, Executive Tower C (East Heights 3)

What did unit 1206 last sell for?

AED 2,200,000 on 19 June 2024: AED 1,212 per sqft for 1,815 sqft. The unit has 2 registered sales; the first was AED 2,474,344 in November 2014.

What is the rent for unit 1206?

AED 105,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 105,000; the unit has been rented since March 2012.

How big is unit 1206?

1,815 sqft (168.6 sqm): a two-bedroom apartment on the 12th floor of a 27-storey tower completed in 2009.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower C (East Heights 3) sold for AED 1,850,000 to 2,550,000 in the last 12 months, around AED 1,324 per sqft.

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Mortgage on 1206, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.2M, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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