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

1606, Executive Tower C (East Heights 3)

Sold prices and rental history: sold once, by the developer in September 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 1 April 2015
Last soldAED 2.82M8 September 2014
Current rentAED 85K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Executive Tower C (East Heights 3)

What is 1606 worth today?

Last sold for AED 2,818,684 in 2014

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1 Apr 2015RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft
8 Sep 2014Sold by developerReady
AED 2,818,684AED 1,553 per sqft
1 Apr 2014RentedRenewal
AED 85,000/yr12 months · AED 47 per sqft
1 Apr 2013RentedNew contract
AED 80,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 April 2015.

Key facts

Type
2-bed apartment
Size
1,815 sqft
Floor
16th of 27
Parking
CM-30
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.82M · September 2014

About 1606, Executive Tower C (East Heights 3)

1606 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 8 September 2014 for AED 2,818,684, or AED 1,553 per sqft, in line with the AED 1,600 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 April 2015, is AED 85,000 a year: a gross yield of 3.0% on the 2014 price, before the service charge of about AED 27,800 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical two-bed in Executive Tower C (East Heights 3)
2M3M2014201820222026Typical 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, September 2014: AED 2,818,684 (AED 1,553 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1606, 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, April 2013: AED 80,000 a yearRenewal, April 2014: AED 85,000 a yearNew contract, April 2015: AED 85,000 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 1606 sits

All 50 2-beds →

1606 last sold in September 2014 at AED 1,553 per sqft, in line with what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,600). 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. 1606's AED 85,000 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
16052-bedAED 2.48M · Mar 2015

1606, Executive Tower C (East Heights 3) in numbers

  • Sold once: by Dubai Properties on 8 September 2014 for AED 2,818,684, or AED 1,553 per sqft.
  • Rented since April 2013 on 3 Ejari contracts, from AED 80,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2014 price is 3.0%, 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 April 2015.

Questions about 1606, Executive Tower C (East Heights 3)

What did unit 1606 last sell for?

AED 2,818,684 on 8 September 2014, sold by the developer: AED 1,553 per sqft for 1,815 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 85,000 a year on the contract signed on 1 April 2015. The previous contract, from April 2014, was AED 85,000; the unit has been rented since April 2013.

How big is unit 1606?

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 1606 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 1606, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.82M, 8 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,818,684
Deposit, UAE resident (20%)
AED 563,737
Deposit, non-resident (40%)
AED 1,127,474
Monthly over 25 years at 3.7%
AED 11,532

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