3-bed · 2,049 sqftExecutive Tower C (East Heights 3), Business Bay · 15th floor · completed 2009

1501, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 1 January 2023
Last soldAED 2.1M18 November 2022
Current rentAED 130K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Executive Tower C (East Heights 3)

What is 1501 worth today?

Last sold for AED 2,100,000 in 2022

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1 Jan 2023RentedNew contract
AED 130,000/yr12 months · AED 64 per sqft
18 Nov 2022SoldReady
AED 2,100,000AED 1,025 per sqft
1 Jan 2022RentedNew contract
AED 130,000/yr12 months · AED 64 per sqft
25 Jan 2021RentedNew contract
AED 110,000/yr12 months · AED 54 per sqft
22 Dec 2019RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
7 Dec 2014Sold by developerReady
AED 3,134,358AED 1,530 per sqft
16 Aug 2014RentedRenewal
AED 122,000/yr12 months · AED 60 per sqft
16 Oct 2013RentedRenewal
AED 106,942/yr10 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 January 2023.

Key facts

Type
3-bed apartment
Size
2,049 sqft
Floor
15th of 27
Parking
CM-19,CM-20
Developer
Dubai Properties
Completed
2009
Service charge
AED 31,300 /yr
Last sold
AED 2.1M · November 2022

About 1501, Executive Tower C (East Heights 3)

1501 is a three-bedroom apartment of 2,049 sqft on the 15th 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 18 November 2022 for AED 2,100,000, or AED 1,025 per sqft, 25% above the AED 821 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 January 2023, is AED 130,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 31,300 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical three-bed in Executive Tower C (East Heights 3)
2M3M2014201820222026Typical sale price by year: 2014 AED 3,064,903; 2015 AED 2,894,375; 2016 AED 2,780,000; 2020 AED 2,073,000; 2021 AED 1,867,000; 2022 AED 1,561,282; 2023 AED 2,150,000; 2024 AED 2,730,000; 2025 AED 3,000,000; 2026 AED 3,213,730Sold by developer, December 2014: AED 3,134,358 (AED 1,530 per sqft)Sold, November 2022: AED 2,100,000 (AED 1,025 per sqft)

1501 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1501, each contractTypical three-bed in Executive Tower C (East Heights 3)
100K150K200K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 105,000; 2014 AED 120,000; 2015 AED 175,000; 2016 AED 180,000; 2017 AED 145,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 112,500; 2022 AED 130,625; 2023 AED 150,000; 2024 AED 173,511; 2025 AED 197,500; 2026 AED 200,000New contract, January 2013: AED 137,730 a yearRenewal, October 2013: AED 106,942 a yearRenewal, August 2014: AED 122,000 a yearNew contract, December 2019: AED 140,000 a yearNew contract, January 2021: AED 110,000 a yearNew contract, January 2022: AED 130,000 a yearNew contract, January 2023: AED 130,000 a year

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

3-beds in Executive Tower C (East Heights 3), and where 1501 sits

All 56 3-beds →

1501 last sold in November 2022 at AED 1,025 per sqft, 25% above what three-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 821). Over the last 12 months three-beds sold for AED 2,950,000 to 3,500,000, around AED 1,464 per sqft, and rent for AED 142,619 to 229,000 a year. 1501's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 May 20262,950,000
27 Feb 20262,977,460
11 Feb 20263,450,000
28 Jan 20263,500,000
5 3-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
15023-bedAED 3.45M · Feb 2026
15032-bedAED 868K · Nov 2016
15042-bedAED 1.8M · Sep 2017
15052-bedAED 2.45M · Feb 2026
15062-bedAED 2.39M · Dec 2025

1501, Executive Tower C (East Heights 3) in numbers

  • Sold twice: first on 7 December 2014 for AED 3,134,358, last on 18 November 2022 for AED 2,100,000 (AED 1,025 per sqft).
  • Rented since January 2013 on 7 Ejari contracts. The rent fell from AED 137,730 to AED 106,942 in 2013 and recovered to AED 130,000 by January 2023.
  • At AED 130,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 31,300 a year (AED 15.30 per sqft).
  • Three-beds in Executive Tower C (East Heights 3) sold for AED 2,950,000–3,500,000 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 1 January 2023.

Questions about 1501, Executive Tower C (East Heights 3)

What did unit 1501 last sell for?

AED 2,100,000 on 18 November 2022: AED 1,025 per sqft for 2,049 sqft. The unit has 2 registered sales; the first was AED 3,134,358 in December 2014.

What is the rent for unit 1501?

AED 130,000 a year on the contract signed on 1 January 2023. The previous contract, from January 2022, was AED 130,000; the unit has been rented since January 2013.

How big is unit 1501?

2,049 sqft (190.4 sqm): a three-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower C (East Heights 3) sold for AED 2,950,000 to 3,500,000 in the last 12 months, around AED 1,464 per sqft.

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Mortgage on 1501, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.1M, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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