1603, Executive Tower E (East Heights 2)
Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Executive Tower E (East Heights 2)
What is 1603 worth today?
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Source: Dubai Land Department. Updated 24 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,524 sqft
- Floor
- 16th of 28
- Parking
- EM - 21
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 35,700 /yr
- Last sold
- AED 1.45M · February 2022
About 1603, Executive Tower E (East Heights 2)
1603 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 25 February 2022 for AED 1,450,000, or AED 951 per sqft, in line with the AED 951 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 24 October 2025, is AED 160,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 35,700 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 49 2-beds →1603 last sold in February 2022 at AED 951 per sqft, in line with what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 951). 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. 1603's AED 160,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Jun 20263 June 2026 | 1,522 sqft | 2,258,116 | 1,483 | ||
| 7 Nov 20257 November 2025 | 1,178 sqft | 1,850,000 | 1,570 | ||
| 24 Jun 202524 June 2025 | 1,524 sqft | 2,130,000 | 1,397 | ||
| 12 Jun 202512 June 2025 | 1,916 sqft | 2,600,000 | 1,357 |
Executive Tower E (East Heights 2)
Building104 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%
Other units on the 16th floor
All 104 units in Executive Tower E (East Heights 2)1603, Executive Tower E (East Heights 2) in numbers
- Sold 3 times: first on 13 December 2009 for AED 2,018,794, last on 25 February 2022 for AED 1,450,000 (AED 951 per sqft).
- Rented since January 2021 on 4 Ejari contracts, from AED 75,000 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 11.0%, 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 24 October 2025.
Questions about 1603, Executive Tower E (East Heights 2)
What did unit 1603 last sell for?
AED 1,450,000 on 25 February 2022: AED 951 per sqft for 1,524 sqft. The unit has 3 registered sales; the first was AED 2,018,794 in December 2009.
What is the rent for unit 1603?
AED 160,000 a year on the contract signed on 24 October 2025. The previous contract, from October 2024, was AED 155,000; the unit has been rented since January 2021.
How big is unit 1603?
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 1603 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 1603, Executive Tower E (East Heights 2)
Starts from the last sale price (AED 1.45M, 25 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →