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

1004, 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 1004 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 2.34M2 May 2024
Current rentAED 155K /yr25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Executive Tower E (East Heights 2)

What is 1004 worth today?

Last sold for AED 2,336,781 in 2024

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2 May 2024SoldReady
AED 2,336,781AED 1,265 per sqft
25 Dec 2023RentedRenewal
AED 155,000/yr12 months · AED 84 per sqft
25 Dec 2022RentedNew contract
AED 155,000/yr12 months · AED 84 per sqft
1 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
1 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
1 Dec 2019RentedNew contract
AED 115,000/yr12 months · AED 62 per sqft
15 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 76 per sqft
15 Oct 2017RentedNew contract
AED 140,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
3-bed apartment
Size
1,847 sqft
Floor
10th of 28
Parking
EB - 47 & 48
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,300 /yr
Last sold
AED 2.34M · May 2024

About 1004, Executive Tower E (East Heights 2)

1004 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 2 May 2024 for AED 2,336,781, or AED 1,265 per sqft, in line with the AED 1,264 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 December 2023, 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 1004 over time

Sales
Unit 1004, 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 2,336,781 (AED 1,265 per sqft)

1004 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1004, 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, June 2014: AED 143,000 a yearRenewal, June 2015: AED 158,000 a yearNew contract, October 2017: AED 140,000 a yearNew contract, October 2018: AED 140,000 a yearNew contract, December 2019: AED 115,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 100,000 a yearNew contract, December 2022: AED 155,000 a yearRenewal, December 2023: 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 1004 sits

All 50 3-beds →

1004 last sold in May 2024 at AED 1,265 per sqft, in line with what three-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,264). 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. 1004'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
10023-bedAED 2.35M · Nov 2024
10032-bedAED 1.74M · May 2024

1004, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 9 December 2009 for AED 2,483,389, last on 2 May 2024 for AED 2,336,781 (AED 1,265 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 143,000 to AED 100,000 in 2021 and recovered to AED 155,000 by December 2023.
  • 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 2 May 2024.

Questions about 1004, Executive Tower E (East Heights 2)

What did unit 1004 last sell for?

AED 2,336,781 on 2 May 2024: AED 1,265 per sqft for 1,847 sqft. The unit has 3 registered sales; the first was AED 2,483,389 in December 2009.

What is the rent for unit 1004?

AED 155,000 a year on the contract renewed on 25 December 2023. The previous contract, from December 2022, was AED 155,000; the unit has been rented since June 2014.

How big is unit 1004?

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 1004 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 1004, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.34M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,336,781
Deposit, UAE resident (20%)
AED 467,356
Deposit, non-resident (40%)
AED 934,712
Monthly over 25 years at 3.7%
AED 9,560

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