2-bed · 1,524 sqftExecutive Tower E (East Heights 2), Business Bay · 16th floor · completed 2009

1601, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 6 times, last in July 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 1.7M27 July 2023
Current rentAED 135K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Executive Tower E (East Heights 2)

What is 1601 worth today?

Last sold for AED 1,700,000 in 2023

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10 Mar 2026RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
10 Mar 2025RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
10 Mar 2025RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
10 Mar 2024RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
27 Jul 2023SoldReady
AED 1,700,000AED 1,115 per sqft
1 Oct 2022RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Oct 2021RentedNew contract
AED 82,000/yr12 months · AED 54 per sqft
13 Sep 2021SoldReady
AED 1,460,000AED 958 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
2-bed apartment
Size
1,524 sqft
Floor
16th of 28
Parking
EM - 18
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 1.7M · July 2023

About 1601, Executive Tower E (East Heights 2)

1601 is a two-bedroom apartment of 1,524 sqft on the 16th 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 July 2023 for AED 1,700,000, or AED 1,115 per sqft, 6% above the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 135,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 35,700 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, May 2010: AED 2,018,794 (AED 1,324 per sqft)Sold, July 2010: AED 609,600 (AED 400 per sqft)Sold, March 2016: AED 900,000 (AED 1,181 per sqft)Sold, October 2020: AED 1,250,000 (AED 820 per sqft)Sold, September 2021: AED 1,460,000 (AED 958 per sqft)Sold, July 2023: AED 1,700,000 (AED 1,115 per sqft)

1601 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, 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, October 2021: AED 82,000 a yearRenewal, October 2022: AED 90,000 a yearNew contract, March 2024: AED 135,000 a yearRenewal, March 2025: AED 135,000 a yearRenewal, March 2025: AED 135,000 a yearRenewal, March 2026: AED 135,000 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 1601 sits

All 49 2-beds →

1601 last sold in July 2023 at AED 1,115 per sqft, 6% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,051). 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. 1601's AED 135,000 is in the lower 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
16023-bedAED 2.79M · Sep 2026
16032-bedAED 1.45M · Feb 2022
16043-bedAED 2.04M · Mar 2018

1601, Executive Tower E (East Heights 2) in numbers

  • Sold 6 times: first on 20 May 2010 for AED 2,018,794, last on 27 July 2023 for AED 1,700,000 (AED 1,115 per sqft).
  • Rented since October 2021 on 6 Ejari contracts, from AED 82,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 35,700 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 10 March 2026.

Questions about 1601, Executive Tower E (East Heights 2)

What did unit 1601 last sell for?

AED 1,700,000 on 27 July 2023: AED 1,115 per sqft for 1,524 sqft. The unit has 6 registered sales; the first was AED 2,018,794 in May 2010.

What is the rent for unit 1601?

AED 135,000 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 135,000; the unit has been rented since October 2021.

How big is unit 1601?

1,524 sqft (141.6 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2009.

What is unit 1601 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 1601, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.7M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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