2-bed · 1,815 sqftExecutive Tower C (East Heights 3), Business Bay · 7th floor · completed 2009

705, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 1.72M4 September 2023
Current rentAED 105K /yr20 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Executive Tower C (East Heights 3)

What is 705 worth today?

Last sold for AED 1,720,000 in 2023

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20 Sep 2023RentedNew contract
AED 105,000/yr12 months · AED 58 per sqft
4 Sep 2023SoldReady
AED 1,720,000AED 947 per sqft
20 Jul 2023RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
20 Jul 2022RentedRenewal
AED 105,000/yr12 months · AED 58 per sqft
20 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 49 per sqft
20 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 49 per sqft
19 Feb 2019RentedNew contract
AED 118,000/yr12 months · AED 65 per sqft
27 Apr 2015Sold by developerReady
AED 2,190,343AED 1,207 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
2-bed apartment
Size
1,815 sqft
Floor
7th of 27
Parking
CB-39
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,800 /yr
Last sold
AED 1.72M · September 2023

About 705, Executive Tower C (East Heights 3)

705 is a two-bedroom apartment of 1,815 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 4 September 2023 for AED 1,720,000, or AED 947 per sqft, 9% below the AED 1,037 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 20 September 2023, is AED 105,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 27,800 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, April 2015: AED 2,190,343 (AED 1,207 per sqft)Sold, September 2023: AED 1,720,000 (AED 947 per sqft)

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

Rents
Unit 705, 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, March 2013: AED 77,000 a yearRenewal, March 2014: AED 82,000 a yearNew contract, February 2019: AED 118,000 a yearNew contract, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 105,000 a yearRenewal, July 2023: AED 105,000 a yearNew contract, September 2023: AED 105,000 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 705 sits

All 50 2-beds →

705 last sold in September 2023 at AED 947 per sqft, 9% below what two-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,037). 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. 705's AED 105,000 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
7013-bedAED 1.95M · May 2022
7023-bedAED 2.8M · May 2016
7031-bedAED 1.83M · Oct 2014
7041-bedAED 1.54M · Jan 2025
7062-bedAED 2.57M · Nov 2014

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

  • Sold twice: first on 27 April 2015 for AED 2,190,343, last on 4 September 2023 for AED 1,720,000 (AED 947 per sqft).
  • Rented since March 2013 on 8 Ejari contracts, from AED 77,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 27,800 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 20 September 2023.

Questions about 705, Executive Tower C (East Heights 3)

What did unit 705 last sell for?

AED 1,720,000 on 4 September 2023: AED 947 per sqft for 1,815 sqft. The unit has 2 registered sales; the first was AED 2,190,343 in April 2015.

What is the rent for unit 705?

AED 105,000 a year on the contract signed on 20 September 2023. The previous contract, from July 2023, was AED 105,000; the unit has been rented since March 2013.

How big is unit 705?

1,815 sqft (168.6 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2009.

What is unit 705 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.

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Mortgage on 705, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 1.72M, 4 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,720,000
Deposit, UAE resident (20%)
AED 344,000
Deposit, non-resident (40%)
AED 688,000
Monthly over 25 years at 3.7%
AED 7,037

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