2-bed · 1,815 sqftExecutive Tower C (East Heights 3), Business Bay · 16th floor · completed 2009

1605, Executive Tower C (East Heights 3)

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 2.48M4 March 2015
Current rentAED 90K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Executive Tower C (East Heights 3)

What is 1605 worth today?

Last sold for AED 2,482,510 in 2015

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1 Nov 2023RentedRenewal
AED 90,000/yr24 months · AED 49 per sqft
1 Nov 2021RentedRenewal
AED 85,000/yr24 months · AED 47 per sqft
1 Nov 2019RentedRenewal
AED 90,000/yr24 months · AED 49 per sqft
1 Nov 2018RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Nov 2017RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Nov 2016RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 60 per sqft
4 Mar 2015Sold by developerReady
AED 2,482,510AED 1,368 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
2-bed apartment
Size
1,815 sqft
Floor
16th of 27
Parking
CM-29
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.48M · March 2015

About 1605, Executive Tower C (East Heights 3)

1605 is a two-bedroom apartment of 1,815 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. The developer sold it on 4 March 2015 for AED 2,482,510, or AED 1,368 per sqft, in line with the AED 1,410 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 90,000 a year: a gross yield of 3.6% on the 2015 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, March 2015: AED 2,482,510 (AED 1,368 per sqft)

1605 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, 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 2013: AED 77,000 a yearRenewal, March 2014: AED 82,000 a yearNew contract, November 2015: AED 110,000 a yearRenewal, November 2016: AED 110,000 a yearRenewal, November 2017: AED 110,000 a yearRenewal, November 2018: AED 110,000 a yearRenewal, November 2019: AED 90,000 a yearRenewal, November 2021: AED 85,000 a yearRenewal, November 2023: AED 90,000 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 1605 sits

All 50 2-beds →

1605 last sold in March 2015 at AED 1,368 per sqft, in line with what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,410). 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. 1605's AED 90,000 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
16012-bedAED 2.3M · Apr 2024
16022-bedAED 2.15M · Nov 2023
16032-bedAED 1.5M · May 2023
16042-bedAED 2.15M · Jun 2025
16062-bedAED 2.82M · Sep 2014

1605, Executive Tower C (East Heights 3) in numbers

  • Sold once: by Dubai Properties on 4 March 2015 for AED 2,482,510, or AED 1,368 per sqft.
  • Rented since March 2013 on 9 Ejari contracts, from AED 77,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2015 price is 3.6%, 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 1 November 2023.

Questions about 1605, Executive Tower C (East Heights 3)

What did unit 1605 last sell for?

AED 2,482,510 on 4 March 2015, sold by the developer: AED 1,368 per sqft for 1,815 sqft. It is the only registered sale of the unit.

What is the rent for unit 1605?

AED 90,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2021, was AED 85,000; the unit has been rented since March 2013.

How big is unit 1605?

1,815 sqft (168.6 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2009.

What is unit 1605 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 1605, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.48M, 4 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,482,510
Deposit, UAE resident (20%)
AED 496,502
Deposit, non-resident (40%)
AED 993,004
Monthly over 25 years at 3.7%
AED 10,157

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