2-bed · 1,521 sqftExecutive Tower E (East Heights 2), Business Bay · 10th floor · completed 2009

1001, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.74M27 May 2024
Current rentAED 92K /yr25 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, Executive Tower E (East Heights 2)

What is 1001 worth today?

Last sold for AED 1,737,500 in 2024

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27 May 2024SoldReady
AED 1,737,500AED 1,142 per sqft
25 Jan 2024RentedRenewal
AED 92,400/yr12 months · AED 61 per sqft
25 Jan 2023RentedRenewal
AED 84,000/yr12 months · AED 55 per sqft
25 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
25 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
25 Jan 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
15 Oct 2018RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
15 Oct 2017RentedNew contract
AED 118,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
10th of 28
Parking
EB - 43
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.74M · May 2024

About 1001, Executive Tower E (East Heights 2)

1001 is a two-bedroom apartment of 1,521 sqft on the 10th floor of Executive Tower E (East Heights 2), a 28-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 27 May 2024 for AED 1,737,500, or AED 1,142 per sqft, in line with the AED 1,115 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 92,400 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 35,600 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical two-bed in Executive Tower E (East Heights 2)
1M2M2009201420192024Typical sale price by year: 2009 AED 2,018,794; 2010 AED 2,018,794; 2011 AED 1,059,377; 2012 AED 1,764,360; 2013 AED 1,733,940; 2014 AED 2,517,500; 2015 AED 2,090,000; 2017 AED 1,925,000; 2021 AED 1,420,000; 2022 AED 1,510,000; 2023 AED 1,600,000; 2024 AED 1,737,500; 2025 AED 2,060,000Sold by developer, December 2009: AED 2,018,794 (AED 1,327 per sqft)Sold, June 2015: AED 2,441,037 (AED 1,604 per sqft)Sold, May 2024: AED 1,737,500 (AED 1,142 per sqft)

1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1001, each contractTypical two-bed in Executive Tower E (East Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 84,000; 2014 AED 117,750; 2015 AED 131,000; 2016 AED 130,000; 2017 AED 126,732; 2018 AED 110,908; 2019 AED 100,000; 2020 AED 89,000; 2021 AED 80,425; 2022 AED 89,000; 2023 AED 96,000; 2024 AED 127,275; 2025 AED 145,000; 2026 AED 145,000New contract, May 2014: AED 115,500 a yearNew contract, May 2015: AED 122,000 a yearRenewal, May 2016: AED 122,000 a yearNew contract, October 2017: AED 118,000 a yearNew contract, October 2018: AED 115,000 a yearNew contract, January 2020: AED 90,000 a yearRenewal, January 2021: AED 80,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 84,000 a yearRenewal, January 2024: AED 92,400 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 E (East Heights 2), and where 1001 sits

All 49 2-beds →

1001 last sold in May 2024 at AED 1,142 per sqft, in line with what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,115). Over the last 12 months two-beds sold for AED 2,258,116, around AED 1,483 per sqft, and rent for AED 101,000 to 170,000 a year. 1001's AED 92,400 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jun 20262,258,116
7 Nov 20251,850,000
24 Jun 20252,130,000
12 Jun 20252,600,000
1 2-bed sale in the last 12 months

Executive Tower E (East Heights 2)

Building

104 apartments, 2-bed to 4-bed over 28 floors in Business Bay, completed in 2009 by Dubai Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,509
Typical sale
AED 2.79M
Typical rent
AED 155K /yr
Typical yield
6.3%
Executive Tower E (East Heights 2), Business Bay: prices, sales and rents →
Value
10023-bedAED 2.35M · Nov 2024
10032-bedAED 1.74M · May 2024
10043-bedAED 2.34M · May 2024

1001, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 9 December 2009 for AED 2,018,794, last on 27 May 2024 for AED 1,737,500 (AED 1,142 per sqft).
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 115,500 to AED 80,000 in 2022 and recovered to AED 92,400 by January 2024.
  • At AED 92,400 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 35,600 a year (AED 23.43 per sqft).
  • Two-beds in Executive Tower E (East Heights 2) sold for AED 2,258,116–2,258,116 in the 12 months to November 2026; the building's median across all types is AED 1,509 per sqft.

Source: Dubai Land Department. Updated 27 May 2024.

Questions about 1001, Executive Tower E (East Heights 2)

What did unit 1001 last sell for?

AED 1,737,500 on 27 May 2024: AED 1,142 per sqft for 1,521 sqft. The unit has 3 registered sales; the first was AED 2,018,794 in December 2009.

What is the rent for unit 1001?

AED 92,400 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 84,000; the unit has been rented since May 2014.

How big is unit 1001?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 10th floor of a 28-storey tower completed in 2009.

What is unit 1001 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 E (East Heights 2) sold for AED 2,258,116 to 2,258,116 in the last 12 months, around AED 1,483 per sqft.

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Mortgage on 1001, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.74M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,737,500
Deposit, UAE resident (20%)
AED 347,500
Deposit, non-resident (40%)
AED 695,000
Monthly over 25 years at 3.7%
AED 7,109

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