1-bed · 1,289 sqftExecutive Tower C (East Heights 3), Business Bay · 7th floor · completed 2009

703, Executive Tower C (East Heights 3)

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.83M29 October 2014
Current rentAED 90K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Executive Tower C (East Heights 3)

What is 703 worth today?

Last sold for AED 1,830,522 in 2014

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1 Jul 2024RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
1 Jul 2023RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft
9 Jul 2022RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
22 Oct 2021RentedRenewal
AED 65,000/yr8 months · AED 50 per sqft
22 Oct 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
29 Oct 2014Sold by developerReady
AED 1,830,522AED 1,420 per sqft
16 Mar 2013RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
1,289 sqft
Floor
7th of 27
Parking
CG-59
Developer
Dubai Properties
Completed
2009
Service charge
AED 19,700 /yr
Last sold
AED 1.83M · October 2014

About 703, Executive Tower C (East Heights 3)

703 is a one-bedroom apartment of 1,289 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. The developer sold it on 29 October 2014 for AED 1,830,522, or AED 1,420 per sqft, in line with the AED 1,430 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 90,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 19,700 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Executive Tower C (East Heights 3)
1M1.5M2M20142017202020232026Typical sale price by year: 2014 AED 1,733,517; 2016 AED 805,688; 2024 AED 1,210,000; 2025 AED 1,437,500Sold by developer, October 2014: AED 1,830,522 (AED 1,420 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Executive Tower C (East Heights 3)
60K80K100K2013201720212025Typical rent by year: 2013 AED 65,000; 2014 AED 72,000; 2015 AED 91,600; 2016 AED 102,500; 2017 AED 100,000; 2018 AED 85,000; 2019 AED 74,000; 2020 AED 67,286; 2021 AED 64,000; 2022 AED 71,000; 2023 AED 84,000; 2024 AED 90,000; 2025 AED 103,000; 2026 AED 99,000New contract, March 2013: AED 65,000 a yearNew contract, October 2020: AED 65,000 a yearRenewal, October 2021: AED 65,000 a yearNew contract, July 2022: AED 75,000 a yearNew contract, July 2023: AED 90,000 a yearRenewal, July 2024: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Executive Tower C (East Heights 3), and where 703 sits

All 16 1-beds →

703 last sold in October 2014 at AED 1,420 per sqft, in line with what one-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,430). 703's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Sep 20251,450,000
10 Apr 20251,375,000
4 Mar 20251,425,000
15 Jan 20251,540,000
0 1-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
7013-bedAED 1.95M · May 2022
7023-bedAED 2.8M · May 2016
7041-bedAED 1.54M · Jan 2025
7052-bedAED 1.72M · Sep 2023
7062-bedAED 2.57M · Nov 2014

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

  • Sold once: by Dubai Properties on 29 October 2014 for AED 1,830,522, or AED 1,420 per sqft.
  • Rented since March 2013 on 6 Ejari contracts, from AED 65,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 19,700 a year (AED 15.30 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 703, Executive Tower C (East Heights 3)

What did unit 703 last sell for?

AED 1,830,522 on 29 October 2014, sold by the developer: AED 1,420 per sqft for 1,289 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 90,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 90,000; the unit has been rented since March 2013.

How big is unit 703?

1,289 sqft (119.8 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2009.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 703, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.83M, 29 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,522
Deposit, UAE resident (20%)
AED 366,104
Deposit, non-resident (40%)
AED 732,209
Monthly over 25 years at 3.7%
AED 7,489

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