2-bed · 1,815 sqftExecutive Tower C (East Heights 3), Business Bay · 4th floor · completed 2009

406, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in September 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 6 September 2015
Last soldAED 2.17M6 September 2015
Current rentAED 95K /yr20 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Executive Tower C (East Heights 3)

What is 406 worth today?

Last sold for AED 2,167,588 in 2015

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6 Sep 2015SoldReady
AED 2,167,588AED 1,194 per sqft
25 Jun 2015Sold by developerReady
AED 2,167,588AED 1,194 per sqft
20 May 2014RentedRenewal
AED 95,000/yr12 months · AED 52 per sqft
20 May 2013RentedNew contract
AED 85,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 6 September 2015.

Key facts

Type
2-bed apartment
Size
1,815 sqft
Floor
4th of 27
Parking
CB-16
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 2.17M · September 2015

About 406, Executive Tower C (East Heights 3)

406 is a two-bedroom apartment of 1,815 sqft on the 4th 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 6 September 2015 for AED 2,167,588, or AED 1,194 per sqft, 13% below the AED 1,366 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 20 May 2014, is AED 95,000 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 27,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Executive Tower C (East Heights 3)
2M2014201820222026Typical 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, June 2015: AED 2,167,588 (AED 1,194 per sqft)Sold, September 2015: AED 2,167,588 (AED 1,194 per sqft)

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

Rents
Unit 406, 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, May 2013: AED 85,000 a yearRenewal, May 2014: AED 95,000 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 406 sits

All 50 2-beds →

406 last sold in September 2015 at AED 1,194 per sqft, 13% below what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,366). 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. 406's AED 95,000 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
4013-bedAED 1.93M · Aug 2021
4023-bedAED 3.08M · Sep 2014
4031-bedAED 1.43M · Mar 2025
4041-bedAED 1.45M · Sep 2025
4052-bedAED 2.35M · Mar 2026

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

  • Sold twice: first on 25 June 2015 for AED 2,167,588, last on 6 September 2015 for AED 2,167,588 (AED 1,194 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2015 price is 4.4%, 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 6 September 2015.

Questions about 406, Executive Tower C (East Heights 3)

What did unit 406 last sell for?

AED 2,167,588 on 6 September 2015: AED 1,194 per sqft for 1,815 sqft. The unit has 2 registered sales; the first was AED 2,167,588 in June 2015.

What is the rent for unit 406?

AED 95,000 a year on the contract renewed on 20 May 2014. The previous contract, from May 2013, was AED 85,000.

How big is unit 406?

1,815 sqft (168.6 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2009.

What is unit 406 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 406, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.17M, 6 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,167,588
Deposit, UAE resident (20%)
AED 433,518
Deposit, non-resident (40%)
AED 867,035
Monthly over 25 years at 3.7%
AED 8,868

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