3-bed · 2,048 sqftExecutive Tower C (East Heights 3), Business Bay · 6th floor · completed 2009

602, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in April 2019, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 11 April 2019
Last soldAED 2M11 April 2019
Current rentAED 158K /yr30 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Executive Tower C (East Heights 3)

What is 602 worth today?

Last sold for AED 2,000,000 in 2019

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11 Apr 2019SoldReady
AED 2,000,000AED 976 per sqft
15 Dec 2014Sold by developerReady
AED 2,866,721AED 1,399 per sqft
30 Sep 2014RentedRenewal
AED 157,500/yr12 months · AED 77 per sqft
30 Sep 2013RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 11 April 2019.

Key facts

Type
3-bed apartment
Size
2,048 sqft
Floor
6th of 27
Parking
CB-27,CB-28
Developer
Dubai Properties
Completed
2009
Service charge
AED 31,300 /yr
Last sold
AED 2M · April 2019

About 602, Executive Tower C (East Heights 3)

602 is a three-bedroom apartment of 2,048 sqft on the 6th 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 April 2019 for AED 2,000,000, or AED 976 per sqft, 13% below the AED 1,127 three-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 30 September 2014, is AED 157,500 a year: a gross yield of 7.9% on the 2019 price, before the service charge of about AED 31,300 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 2,866,721 (AED 1,399 per sqft)Sold, April 2019: AED 2,000,000 (AED 976 per sqft)

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

Rents
Unit 602, 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 2013: AED 150,000 a yearRenewal, September 2014: AED 157,500 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 602 sits

All 56 3-beds →

602 last sold in April 2019 at AED 976 per sqft, 13% below what three-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,127). 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. 602's AED 157,500 is in the lower half 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
6013-bedAED 2.83M · Apr 2025
6031-bedAED 750K · Jan 2016
6041-bedAED 1.21M · Jul 2024
6052-bedAED 2.18M · Jun 2015
6062-bedAED 2.43M · Jan 2015

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

  • Sold twice: first on 15 December 2014 for AED 2,866,721, last on 11 April 2019 for AED 2,000,000 (AED 976 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, from AED 150,000 to AED 157,500 a year.
  • At AED 157,500 a year the gross yield on the 2019 price is 7.9%, 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 April 2019.

Questions about 602, Executive Tower C (East Heights 3)

What did unit 602 last sell for?

AED 2,000,000 on 11 April 2019: AED 976 per sqft for 2,048 sqft. The unit has 2 registered sales; the first was AED 2,866,721 in December 2014.

What is the rent for unit 602?

AED 157,500 a year on the contract renewed on 30 September 2014. The previous contract, from September 2013, was AED 150,000.

How big is unit 602?

2,048 sqft (190.3 sqm): a three-bedroom apartment on the 6th floor of a 27-storey tower completed in 2009.

What is unit 602 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 602, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2M, 11 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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