3-bed · 1,827 sqftExecutive Tower C (East Heights 3), Business Bay · 22nd floor · completed 2009

2203, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 23 December 2022
Last soldAED 1.46M13 May 2022
Current rentAED 121K /yr23 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Executive Tower C (East Heights 3)

What is 2203 worth today?

Last sold for AED 1,462,000 in 2022

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23 Dec 2022RentedRenewal
AED 121,098/yr7 months · AED 66 per sqft
13 May 2022SoldReady
AED 1,462,000AED 800 per sqft
23 Dec 2021RentedNew contract
AED 110,000/yr12 months · AED 60 per sqft
7 Sep 2021RentedRenewal
AED 105,000/yr3 months · AED 57 per sqft
7 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 57 per sqft
7 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 66 per sqft
7 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
8 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 23 December 2022.

Key facts

Type
3-bed apartment
Size
1,827 sqft
Floor
22nd of 27
Parking
CG-43,CG-44
Developer
Dubai Properties
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.46M · May 2022

About 2203, Executive Tower C (East Heights 3)

2203 is a three-bedroom apartment of 1,827 sqft on the 22nd 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 13 May 2022 for AED 1,462,000, or AED 800 per sqft, in line with the AED 821 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 23 December 2022, is AED 121,098 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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 2,844,222 (AED 1,556 per sqft)Sold, May 2022: AED 1,462,000 (AED 800 per sqft)

2203 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2203, 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, September 2012: AED 105,000 a yearRenewal, September 2013: AED 108,000 a yearNew contract, July 2017: AED 135,000 a yearNew contract, July 2018: AED 135,000 a yearNew contract, July 2018: AED 135,000 a yearNew contract, September 2018: AED 125,000 a yearNew contract, September 2019: AED 120,000 a yearNew contract, September 2020: AED 105,000 a yearRenewal, September 2021: AED 105,000 a yearNew contract, December 2021: AED 110,000 a yearRenewal, December 2022: AED 121,098 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 2203 sits

All 56 3-beds →

2203 last sold in May 2022 at AED 800 per sqft, in line with 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. 2203's AED 121,098 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
22013-bedAED 2.55M · May 2018
22023-bedAED 3.32M · Sep 2014
22043-bedAED 2.05M · Nov 2023

2203, Executive Tower C (East Heights 3) in numbers

  • Sold twice: first on 15 December 2014 for AED 2,844,222, last on 13 May 2022 for AED 1,462,000 (AED 800 per sqft).
  • Rented since September 2012 on 11 Ejari contracts, from AED 105,000 to AED 121,098 a year.
  • At AED 121,098 a year the gross yield on the 2022 price is 8.3%, before a service charge of about AED 28,000 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 23 December 2022.

Questions about 2203, Executive Tower C (East Heights 3)

What did unit 2203 last sell for?

AED 1,462,000 on 13 May 2022: AED 800 per sqft for 1,827 sqft. The unit has 2 registered sales; the first was AED 2,844,222 in December 2014.

What is the rent for unit 2203?

AED 121,098 a year on the contract renewed on 23 December 2022. The previous contract, from December 2021, was AED 110,000; the unit has been rented since September 2012.

How big is unit 2203?

1,827 sqft (169.7 sqm): a three-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2009.

What is unit 2203 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 2203, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.46M, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,462,000
Deposit, UAE resident (20%)
AED 292,400
Deposit, non-resident (40%)
AED 584,800
Monthly over 25 years at 3.7%
AED 5,981

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