Penthouse · 7,378 sqftExecutive Tower C (East Heights 3), Business Bay · 27th floor · completed 2009

2701, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in April 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 12 April 2016
Last soldAED 7.5M12 April 2016
Current rentAED 290K /yr20 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, Executive Tower C (East Heights 3)

What is 2701 worth today?

Last sold for AED 7,500,000 in 2016

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12 Apr 2016SoldReady
AED 7,500,000AED 1,016 per sqft
6 Apr 2016Sold by developerReady
AED 9,848,157AED 1,334 per sqft
20 Apr 2015RentedRenewal
AED 290,000/yr12 months · AED 39 per sqft
20 Apr 2014RentedRenewal
AED 290,000/yr12 months · AED 39 per sqft
20 Apr 2013RentedRenewal
AED 280,000/yr12 months · AED 38 per sqft
20 Apr 2012RentedNew contract
AED 275,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 12 April 2016.

Key facts

Type
Penthouse apartment
Size
7,378 sqft
Floor
27th of 27
Parking
CG-21,CG-22
Developer
Dubai Properties
Completed
2009
Service charge
AED 112,900 /yr
Last sold
AED 7.5M · April 2016

About 2701, Executive Tower C (East Heights 3)

2701 is a penthouse of 7,378 sqft on the 27th 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 12 April 2016 for AED 7,500,000, or AED 1,016 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 20 April 2015, is AED 290,000 a year: a gross yield of 3.9% on the 2016 price, before the service charge of about AED 112,900 a year.

Penthouses in Executive Tower C (East Heights 3), and where 2701 sits

All 2 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
18 Nov 20215,860,000
7 Jan 20213,850,000
22 Jun 20167,675,800
0 penthouse 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
2702PenthouseAED 5.86M · Nov 2021

2701, Executive Tower C (East Heights 3) in numbers

  • Sold twice: first on 6 April 2016 for AED 9,848,157, last on 12 April 2016 for AED 7,500,000 (AED 1,016 per sqft).
  • Rented since April 2012 on 4 Ejari contracts, from AED 275,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2016 price is 3.9%, before a service charge of about AED 112,900 a year (AED 15.30 per sqft).

Source: Dubai Land Department. Updated 12 April 2016.

Questions about 2701, Executive Tower C (East Heights 3)

What did unit 2701 last sell for?

AED 7,500,000 on 12 April 2016: AED 1,016 per sqft for 7,378 sqft. The unit has 2 registered sales; the first was AED 9,848,157 in April 2016.

What is the rent for unit 2701?

AED 290,000 a year on the contract renewed on 20 April 2015. The previous contract, from April 2014, was AED 290,000; the unit has been rented since April 2012.

How big is unit 2701?

7,378 sqft (685.4 sqm): a penthouse on the 27th floor of a 27-storey tower completed in 2009.

What is unit 2701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 2701, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 7.5M, 12 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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