3-bed · 2,049 sqftExecutive Tower C (East Heights 3), Business Bay · 5th floor · completed 2009

501, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 1.84M11 March 2022
Current rentAED 115K /yr7 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Executive Tower C (East Heights 3)

What is 501 worth today?

Last sold for AED 1,843,730 in 2022

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11 Mar 2022SoldReady
AED 1,843,730AED 899 per sqft
7 Oct 2020RentedNew contract
AED 115,000/yr12 months · AED 56 per sqft
7 Oct 2018RentedNew contract
AED 135,000/yr12 months · AED 66 per sqft
25 Sep 2017RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
10 Sep 2015RentedNew contract
AED 175,000/yr12 months · AED 86 per sqft
15 Dec 2014Sold by developerReady
AED 3,017,485AED 1,472 per sqft
15 Aug 2013RentedNew contract
AED 114,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
3-bed apartment
Size
2,049 sqft
Floor
5th of 27
Parking
CB-17,CB-18
Developer
Dubai Properties
Completed
2009
Service charge
AED 31,300 /yr
Last sold
AED 1.84M · March 2022

About 501, Executive Tower C (East Heights 3)

501 is a three-bedroom apartment of 2,049 sqft on the 5th 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 11 March 2022 for AED 1,843,730, or AED 899 per sqft, 13% above the AED 799 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 7 October 2020, is AED 115,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 31,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 3,017,485 (AED 1,472 per sqft)Sold, March 2022: AED 1,843,730 (AED 899 per sqft)

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

Rents
Unit 501, 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, August 2013: AED 114,000 a yearNew contract, September 2015: AED 175,000 a yearNew contract, September 2017: AED 140,000 a yearNew contract, October 2018: AED 135,000 a yearNew contract, October 2020: AED 115,000 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 501 sits

All 56 3-beds →

501 last sold in March 2022 at AED 899 per sqft, 13% above what three-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 799). 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. 501's AED 115,000 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
5023-bedAED 2.78M · Sep 2016
5031-bedAED 1.73M · Dec 2014
5041-bedAED 1.21M · Jul 2024
5052-bedAED 2.17M · May 2015
5062-bedAED 2.4M · Jan 2026

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

  • Sold twice: first on 15 December 2014 for AED 3,017,485, last on 11 March 2022 for AED 1,843,730 (AED 899 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 114,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 31,300 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 11 March 2022.

Questions about 501, Executive Tower C (East Heights 3)

What did unit 501 last sell for?

AED 1,843,730 on 11 March 2022: AED 899 per sqft for 2,049 sqft. The unit has 2 registered sales; the first was AED 3,017,485 in December 2014.

What is the rent for unit 501?

AED 115,000 a year on the contract signed on 7 October 2020. The previous contract, from October 2018, was AED 135,000; the unit has been rented since August 2013.

How big is unit 501?

2,049 sqft (190.4 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2009.

What is unit 501 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 501, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.84M, 11 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,843,730
Deposit, UAE resident (20%)
AED 368,746
Deposit, non-resident (40%)
AED 737,492
Monthly over 25 years at 3.7%
AED 7,543

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