3-bed · 1,847 sqftExecutive Tower E (East Heights 2), Business Bay · 10th floor · completed 2009

1002, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 2.35M21 November 2024
Current rentAED 155K /yr23 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Executive Tower E (East Heights 2)

What is 1002 worth today?

Last sold for AED 2,350,000 in 2024

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21 Nov 2024SoldReady
AED 2,350,000AED 1,272 per sqft
29 May 2024SoldReady
AED 2,200,000AED 1,191 per sqft
23 Jan 2024RentedRenewal
AED 155,000/yr12 months · AED 84 per sqft
23 Jan 2023RentedNew contract
AED 155,000/yr12 months · AED 84 per sqft
1 Aug 2021RentedRenewal
AED 110,000/yr12 months · AED 60 per sqft
1 Aug 2020RentedRenewal
AED 115,000/yr12 months · AED 62 per sqft
1 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 65 per sqft
10 Jun 2018RentedNew contract
AED 163,636/yr11 months · AED 89 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
3-bed apartment
Size
1,847 sqft
Floor
10th of 28
Parking
EB - 44 & 45
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,300 /yr
Last sold
AED 2.35M · November 2024

About 1002, Executive Tower E (East Heights 2)

1002 is a three-bedroom apartment of 1,847 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 21 November 2024 for AED 2,350,000, or AED 1,272 per sqft, in line with the AED 1,265 three-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 23 January 2024, is AED 155,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 43,300 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical three-bed in Executive Tower E (East Heights 2)
2M3M2009201420192024Typical sale price by year: 2009 AED 2,483,389; 2010 AED 2,483,389; 2011 AED 1,335,280; 2012 AED 1,800,000; 2013 AED 2,426,550; 2014 AED 2,975,000; 2016 AED 2,440,000; 2018 AED 1,925,000; 2023 AED 2,100,000; 2024 AED 2,335,891; 2025 AED 3,100,000; 2026 AED 2,793,141Sold by developer, December 2009: AED 2,483,389 (AED 1,344 per sqft)Sold, February 2011: AED 2,737,858 (AED 1,482 per sqft)Sold, May 2024: AED 2,200,000 (AED 1,191 per sqft)Sold, November 2024: AED 2,350,000 (AED 1,272 per sqft)

1002 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1002, each contractTypical three-bed in Executive Tower E (East Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 110,098; 2014 AED 150,000; 2015 AED 165,000; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 107,000; 2021 AED 110,000; 2022 AED 120,500; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 177,000; 2026 AED 175,000New contract, December 2014: AED 170,000 a yearNew contract, June 2015: AED 175,000 a yearRenewal, June 2016: AED 175,000 a yearRenewal, June 2017: AED 175,000 a yearNew contract, June 2018: AED 163,636 a yearNew contract, August 2019: AED 120,000 a yearRenewal, August 2020: AED 115,000 a yearRenewal, August 2021: AED 110,000 a yearNew contract, January 2023: AED 155,000 a yearRenewal, January 2024: AED 155,000 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 E (East Heights 2), and where 1002 sits

All 50 3-beds →

1002 last sold in November 2024 at AED 1,272 per sqft, in line with what three-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,265). Over the last 12 months three-beds sold for AED 2,750,000 to 4,600,000, around AED 1,511 per sqft, and rent for AED 120,000 to 240,000 a year. 1002's AED 155,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20264,600,000
16 Sep 20262,790,000
20 Jul 20262,750,000
18 Jul 20262,770,000
6 3-bed sales 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
10012-bedAED 1.74M · May 2024
10032-bedAED 1.74M · May 2024
10043-bedAED 2.34M · May 2024

1002, Executive Tower E (East Heights 2) in numbers

  • Sold 4 times: first on 9 December 2009 for AED 2,483,389, last on 21 November 2024 for AED 2,350,000 (AED 1,272 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 110,000 in 2021 and recovered to AED 155,000 by January 2024.
  • At AED 155,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 43,300 a year (AED 23.43 per sqft).
  • Three-beds in Executive Tower E (East Heights 2) sold for AED 2,750,000–4,600,000 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 21 November 2024.

Questions about 1002, Executive Tower E (East Heights 2)

What did unit 1002 last sell for?

AED 2,350,000 on 21 November 2024: AED 1,272 per sqft for 1,847 sqft. The unit has 4 registered sales; the first was AED 2,483,389 in December 2009.

What is the rent for unit 1002?

AED 155,000 a year on the contract renewed on 23 January 2024. The previous contract, from January 2023, was AED 155,000; the unit has been rented since December 2014.

How big is unit 1002?

1,847 sqft (171.6 sqm): a three-bedroom apartment on the 10th floor of a 28-storey tower completed in 2009.

What is unit 1002 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 E (East Heights 2) sold for AED 2,750,000 to 4,600,000 in the last 12 months, around AED 1,511 per sqft.

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Mortgage on 1002, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.35M, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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