3-bed · 2,049 sqftExecutive Tower C (East Heights 3), Business Bay · 7th floor · completed 2009

701, Executive Tower C (East Heights 3)

Sold prices and rental history: sold 4 times, last in May 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 26 May 2022
Last soldAED 1.95M26 May 2022
Current rentAED 105K /yr23 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Executive Tower C (East Heights 3)

What is 701 worth today?

Last sold for AED 1,950,000 in 2022

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26 May 2022SoldReady
AED 1,950,000AED 951 per sqft
3 Aug 2021SoldReady
AED 1,867,000AED 911 per sqft
23 Nov 2020RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft
3 Sep 2019SoldReady
AED 2,150,000AED 1,049 per sqft
16 Feb 2016RentedNew contract
AED 185,000/yr12 months · AED 90 per sqft
5 Jan 2015Sold by developerReady
AED 3,235,743AED 1,579 per sqft
24 Apr 2013RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 26 May 2022.

Key facts

Type
3-bed apartment
Size
2,049 sqft
Floor
7th of 27
Parking
CM-39,CM-40
Developer
Dubai Properties
Completed
2009
Service charge
AED 31,300 /yr
Last sold
AED 1.95M · May 2022

About 701, Executive Tower C (East Heights 3)

701 is a three-bedroom apartment of 2,049 sqft on the 7th 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 26 May 2022 for AED 1,950,000, or AED 951 per sqft, 11% above the AED 860 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 23 November 2020, is AED 105,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 31,300 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, January 2015: AED 3,235,743 (AED 1,579 per sqft)Sold, September 2019: AED 2,150,000 (AED 1,049 per sqft)Sold, August 2021: AED 1,867,000 (AED 911 per sqft)Sold, May 2022: AED 1,950,000 (AED 951 per sqft)

701 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 701, 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, April 2013: AED 105,000 a yearNew contract, February 2016: AED 185,000 a yearNew contract, November 2020: AED 105,000 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 701 sits

All 56 3-beds →

701 last sold in May 2022 at AED 951 per sqft, 11% above what three-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 860). 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. 701's AED 105,000 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
7023-bedAED 2.8M · May 2016
7031-bedAED 1.83M · Oct 2014
7041-bedAED 1.54M · Jan 2025
7052-bedAED 1.72M · Sep 2023
7062-bedAED 2.57M · Nov 2014

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

  • Sold 4 times: first on 5 January 2015 for AED 3,235,743, last on 26 May 2022 for AED 1,950,000 (AED 951 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 5.4%, 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 26 May 2022.

Questions about 701, Executive Tower C (East Heights 3)

What did unit 701 last sell for?

AED 1,950,000 on 26 May 2022: AED 951 per sqft for 2,049 sqft. The unit has 4 registered sales; the first was AED 3,235,743 in January 2015.

What is the rent for unit 701?

AED 105,000 a year on the contract signed on 23 November 2020. The previous contract, from February 2016, was AED 185,000; the unit has been rented since April 2013.

How big is unit 701?

2,049 sqft (190.4 sqm): a three-bedroom apartment on the 7th floor of a 27-storey tower completed in 2009.

What is unit 701 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 701, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.95M, 26 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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