2-bed · 1,812 sqftExecutive Tower C (East Heights 3), Business Bay · 5th floor · completed 2009

505, Executive Tower C (East Heights 3)

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

Unit 505 · DLD and Ejari recordsUpdated 28 May 2015
Last soldAED 2.17M28 May 2015
Current rentAED 100K /yr20 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Executive Tower C (East Heights 3)

What is 505 worth today?

Last sold for AED 2,171,826 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 May 2015Sold by developerReady
AED 2,171,826AED 1,198 per sqft
20 Feb 2015RentedRenewal
AED 100,000/yr12 months · AED 55 per sqft
20 Feb 2014RentedRenewal
AED 87,000/yr12 months · AED 48 per sqft
20 Feb 2013RentedNew contract
AED 82,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 28 May 2015.

Key facts

Type
2-bed apartment
Size
1,812 sqft
Floor
5th of 27
Parking
CB-23
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 2.17M · May 2015

About 505, Executive Tower C (East Heights 3)

505 is a two-bedroom apartment of 1,812 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. The developer sold it on 28 May 2015 for AED 2,171,826, or AED 1,198 per sqft, 13% below the AED 1,377 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 20 February 2015, is AED 100,000 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 27,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, May 2015: AED 2,171,826 (AED 1,198 per sqft)

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

Rents
Unit 505, 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, February 2013: AED 82,000 a yearRenewal, February 2014: AED 87,000 a yearRenewal, February 2015: AED 100,000 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 505 sits

All 50 2-beds →

505 last sold in May 2015 at AED 1,198 per sqft, 13% below what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,377). 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. 505's AED 100,000 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
5013-bedAED 1.84M · Mar 2022
5023-bedAED 2.78M · Sep 2016
5031-bedAED 1.73M · Dec 2014
5041-bedAED 1.21M · Jul 2024
5062-bedAED 2.4M · Jan 2026

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

  • Sold once: by Dubai Properties on 28 May 2015 for AED 2,171,826, or AED 1,198 per sqft.
  • Rented since February 2013 on 3 Ejari contracts, from AED 82,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2015 price is 4.6%, before a service charge of about AED 27,700 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 28 May 2015.

Questions about 505, Executive Tower C (East Heights 3)

What did unit 505 last sell for?

AED 2,171,826 on 28 May 2015, sold by the developer: AED 1,198 per sqft for 1,812 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 100,000 a year on the contract renewed on 20 February 2015. The previous contract, from February 2014, was AED 87,000; the unit has been rented since February 2013.

How big is unit 505?

1,812 sqft (168.3 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2009.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.17M, 28 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,171,826
Deposit, UAE resident (20%)
AED 434,365
Deposit, non-resident (40%)
AED 868,730
Monthly over 25 years at 3.7%
AED 8,886

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