2-bed · 1,410 sqftExecutive Tower C (East Heights 3), Business Bay · 16th floor · completed 2009

1603, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 1.5M8 May 2023
Current rentAED 130K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Executive Tower C (East Heights 3)

What is 1603 worth today?

Last sold for AED 1,500,000 in 2023

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10 Jun 2026RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
8 May 2023SoldReady
AED 1,500,000AED 1,063 per sqft
25 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft
1 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
1 Jan 2021RentedNew contract
AED 68,000/yr12 months · AED 48 per sqft
1 Dec 2019RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
1 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
1 Dec 2017RentedNew contract
AED 90,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
16th of 27
Parking
CM-27
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,600 /yr
Last sold
AED 1.5M · May 2023

About 1603, Executive Tower C (East Heights 3)

1603 is a two-bedroom apartment of 1,410 sqft on the 16th 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 8 May 2023 for AED 1,500,000, or AED 1,063 per sqft, 7% above the AED 989 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 10 June 2026, is AED 130,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 21,600 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, October 2014: AED 2,055,590 (AED 1,458 per sqft)Sold, May 2023: AED 1,500,000 (AED 1,063 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, June 2014: AED 84,000 a yearNew contract, November 2016: AED 135,000 a yearNew contract, December 2017: AED 90,000 a yearNew contract, December 2018: AED 100,000 a yearRenewal, December 2019: AED 100,000 a yearNew contract, January 2021: AED 68,000 a yearRenewal, January 2022: AED 80,000 a yearNew contract, April 2022: AED 90,000 a yearNew contract, June 2026: AED 130,000 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 1603 sits

All 50 2-beds →

1603 last sold in May 2023 at AED 1,063 per sqft, 7% above what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 989). 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. 1603's AED 130,000 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
16012-bedAED 2.3M · Apr 2024
16022-bedAED 2.15M · Nov 2023
16042-bedAED 2.15M · Jun 2025
16052-bedAED 2.48M · Mar 2015
16062-bedAED 2.82M · Sep 2014

1603, Executive Tower C (East Heights 3) in numbers

  • Sold twice: first on 26 October 2014 for AED 2,055,590, last on 8 May 2023 for AED 1,500,000 (AED 1,063 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 84,000 to AED 68,000 in 2021 and recovered to AED 130,000 by June 2026.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.7%, 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 10 June 2026.

Questions about 1603, Executive Tower C (East Heights 3)

What did unit 1603 last sell for?

AED 1,500,000 on 8 May 2023: AED 1,063 per sqft for 1,410 sqft. The unit has 2 registered sales; the first was AED 2,055,590 in October 2014.

What is the rent for unit 1603?

AED 130,000 a year on the contract signed on 10 June 2026. The previous contract, from April 2022, was AED 90,000; the unit has been rented since June 2014.

How big is unit 1603?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2009.

What is unit 1603 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 1603, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.5M, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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