2-bed · 1,409 sqftExecutive Tower C (East Heights 3), Business Bay · 15th floor · completed 2009

1504, Executive Tower C (East Heights 3)

Sold prices and rental history: sold 3 times, last in September 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 28 September 2017
Last soldAED 1.8M28 September 2017
Current rentAED 123K /yr1 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Executive Tower C (East Heights 3)

What is 1504 worth today?

Last sold for AED 1,800,000 in 2017

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28 Sep 2017SoldReady
AED 1,800,000AED 1,277 per sqft
1 May 2017RentedNew contract
AED 123,000/yr12 months · AED 87 per sqft
15 Mar 2017RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
15 Feb 2016RentedNew contract
AED 135,000/yr12 months · AED 96 per sqft
20 Jan 2016SoldReady
AED 1,775,000AED 1,259 per sqft
5 Nov 2014Sold by developerReady
AED 2,254,928AED 1,600 per sqft

Source: Dubai Land Department. Updated 28 September 2017.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
15th of 27
Parking
CB-77
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,600 /yr
Last sold
AED 1.8M · September 2017

About 1504, Executive Tower C (East Heights 3)

1504 is a two-bedroom apartment of 1,409 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 28 September 2017 for AED 1,800,000, or AED 1,277 per sqft, in line with the AED 1,277 two-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 May 2017, is AED 123,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 21,600 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical two-bed in Executive Tower C (East Heights 3)
2M2014201820222026Typical 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 2,254,928 (AED 1,600 per sqft)Sold, January 2016: AED 1,775,000 (AED 1,259 per sqft)Sold, September 2017: AED 1,800,000 (AED 1,277 per sqft)

1504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, 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, February 2016: AED 135,000 a yearNew contract, March 2017: AED 135,000 a yearNew contract, May 2017: AED 123,000 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 1504 sits

All 50 2-beds →

1504 last sold in September 2017 at AED 1,277 per sqft, in line with what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,277). 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. 1504's AED 123,000 is in the lower half 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
15013-bedAED 2.1M · Nov 2022
15023-bedAED 3.45M · Feb 2026
15032-bedAED 868K · Nov 2016
15052-bedAED 2.45M · Feb 2026
15062-bedAED 2.39M · Dec 2025

1504, Executive Tower C (East Heights 3) in numbers

  • Sold 3 times: first on 5 November 2014 for AED 2,254,928, last on 28 September 2017 for AED 1,800,000 (AED 1,277 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, from AED 135,000 to AED 123,000 a year.
  • At AED 123,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 21,600 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 28 September 2017.

Questions about 1504, Executive Tower C (East Heights 3)

What did unit 1504 last sell for?

AED 1,800,000 on 28 September 2017: AED 1,277 per sqft for 1,409 sqft. The unit has 3 registered sales; the first was AED 2,254,928 in November 2014.

What is the rent for unit 1504?

AED 123,000 a year on the contract signed on 1 May 2017. The previous contract, from March 2017, was AED 135,000; the unit has been rented since February 2016.

How big is unit 1504?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2009.

What is unit 1504 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 1504, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.8M, 28 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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