2-bed · 1,521 sqftExecutive Tower E (East Heights 2), Business Bay · 12th floor · completed 2009

1201, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 1.6M9 February 2023
Current rentAED 165K /yr7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Executive Tower E (East Heights 2)

What is 1201 worth today?

Last sold for AED 1,600,000 in 2023

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7 May 2025RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
7 May 2025RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
8 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
10 May 2023RentedNew contract
AED 152,000/yr12 months · AED 100 per sqft
9 Feb 2023SoldReady
AED 1,600,000AED 1,051 per sqft
7 Feb 2022RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
7 Feb 2021RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
3 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
12th of 28
Parking
EB - 55
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.6M · February 2023

About 1201, Executive Tower E (East Heights 2)

1201 is a two-bedroom apartment of 1,521 sqft on the 12th 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 9 February 2023 for AED 1,600,000, or AED 1,051 per sqft, 5% above the AED 997 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 13 Ejari contracts. The current contract, signed on 7 May 2025, is AED 165,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 35,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, January 2011: AED 637,500 (AED 419 per sqft)Sold, November 2013: AED 2,151,000 (AED 1,414 per sqft)Sold, February 2023: AED 1,600,000 (AED 1,051 per sqft)

1201 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, 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, January 2015: AED 135,000 a yearRenewal, January 2016: AED 135,000 a yearRenewal, January 2017: AED 135,000 a yearRenewal, January 2018: AED 107,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 90,000 a yearRenewal, January 2021: AED 70,000 a yearNew contract, February 2021: AED 75,000 a yearRenewal, February 2022: AED 75,000 a yearNew contract, May 2023: AED 152,000 a yearNew contract, June 2024: AED 160,000 a yearNew contract, May 2025: AED 165,000 a yearNew contract, May 2025: AED 165,000 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 E (East Heights 2), and where 1201 sits

All 49 2-beds →

1201 last sold in February 2023 at AED 1,051 per sqft, 5% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 997). 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. 1201's AED 165,000 is in the upper half 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
12023-bedAED 2.55M · Feb 2024
12032-bedAED 1.1M · Dec 2010
12043-bedAED 1.33M · Dec 2010

1201, Executive Tower E (East Heights 2) in numbers

  • Sold 4 times: first on 10 December 2009 for AED 2,018,794, last on 9 February 2023 for AED 1,600,000 (AED 1,051 per sqft).
  • Rented since January 2015 on 13 Ejari contracts. The rent fell from AED 135,000 to AED 70,000 in 2021 and recovered to AED 165,000 by May 2025.
  • At AED 165,000 a year the gross yield on the 2023 price is 10.3%, 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 7 May 2025.

Questions about 1201, Executive Tower E (East Heights 2)

What did unit 1201 last sell for?

AED 1,600,000 on 9 February 2023: AED 1,051 per sqft for 1,521 sqft. The unit has 4 registered sales; the first was AED 2,018,794 in December 2009.

What is the rent for unit 1201?

AED 165,000 a year on the contract signed on 7 May 2025. The previous contract, from May 2025, was AED 165,000; the unit has been rented since January 2015.

How big is unit 1201?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 12th floor of a 28-storey tower completed in 2009.

What is unit 1201 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 1201, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.6M, 9 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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