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3-bed · 1,847 sqftExecutive Tower E (East Heights 2), Business Bay · 12th floor · completed 2009

1202, Executive Tower E (East Heights 2)

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

Unit 1202 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 2.55M6 February 2024
Current rentAED 100K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1202, Executive Tower E (East Heights 2)

What is 1202 worth today?

Last sold for AED 2,550,000 in 2024

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6 Feb 2024SoldReady
AED 2,550,000AED 1,380 per sqft
15 Jun 2023RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
15 Jun 2022RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft
15 Jun 2021RentedNew contract
AED 100,000/yr12 months · AED 54 per sqft
1 Jun 2020RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
1 Jun 2019RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
1 Jun 2018RentedRenewal
AED 130,000/yr12 months · AED 70 per sqft
1 Jun 2017RentedRenewal
AED 140,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
3-bed apartment
Size
1,847 sqft
Floor
12th of 28
Parking
EB - 56 & 57
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,300 /yr
Last sold
AED 2.55M · February 2024
Building
Executive Tower E (East Heights 2)

About 1202, Executive Tower E (East Heights 2)

1202 is a three-bedroom apartment of 1,847 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 6 February 2024 for AED 2,550,000, or AED 1,380 per sqft, 19% above the AED 1,163 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 15 June 2023, is AED 100,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 43,300 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical three-bed in Executive Tower E (East Heights 2)
2M2009201420192024Typical 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, January 2011: AED 725,000 (AED 392 per sqft)Sold, January 2014: AED 2,750,000 (AED 1,488 per sqft)Sold, February 2024: AED 2,550,000 (AED 1,380 per sqft)

1202 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, 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 165,000 a yearNew contract, June 2015: AED 165,000 a yearRenewal, June 2016: AED 165,000 a yearRenewal, June 2017: AED 140,000 a yearRenewal, June 2018: AED 130,000 a yearRenewal, June 2019: AED 100,000 a yearRenewal, June 2020: AED 100,000 a yearNew contract, June 2021: AED 100,000 a yearNew contract, June 2022: AED 100,000 a yearRenewal, June 2023: AED 100,000 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 1202 sits

All 50 3-beds →

1202 last sold in February 2024 at AED 1,380 per sqft, 19% above what three-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,163). 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. 1202's AED 100,000 is at the bottom 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 →

Other units on the 12th floor

All 104 units in Executive Tower E (East Heights 2)
Value
12012-bedAED 1.6M · Feb 2023
12032-bedAED 1.1M · Dec 2010
12043-bedAED 1.33M · Dec 2010

1202, Executive Tower E (East Heights 2) in numbers

  • Sold 4 times: first on 10 December 2009 for AED 2,483,389, last on 6 February 2024 for AED 2,550,000 (AED 1,380 per sqft).
  • Rented since June 2014 on 10 Ejari contracts, from AED 165,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.9%, 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 6 February 2024.

Questions about 1202, Executive Tower E (East Heights 2)

What did unit 1202 last sell for?

AED 2,550,000 on 6 February 2024: AED 1,380 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 1202?

AED 100,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 100,000; the unit has been rented since June 2014.

How big is unit 1202?

1,847 sqft (171.6 sqm): a three-bedroom apartment on the 12th floor of a 28-storey tower completed in 2009.

What is unit 1202 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 1202, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.55M, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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