2-bed · 1,522 sqftExecutive Tower E (East Heights 2), Business Bay · 18th floor · completed 2009

1803, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 22 March 2022
Last soldAED 2.07M11 October 2017
Current rentAED 50K /yr22 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, Executive Tower E (East Heights 2)

What is 1803 worth today?

Last sold for AED 2,070,000 in 2017

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22 Mar 2022RentedNew contract
AED 50,000/yr60 months · AED 33 per sqft
14 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
4 Dec 2019RentedRenewal
AED 60,000/yr60 months · AED 40 per sqft
4 Dec 2018RentedRenewal
AED 60,000/yr12 months · AED 40 per sqft
4 Dec 2017RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
11 Oct 2017SoldReady
AED 2,070,000AED 1,360 per sqft
26 Jul 2010SoldReady
AED 601,190AED 394 per sqft
27 May 2010Sold by developerReady
AED 2,052,421AED 1,348 per sqft

Source: Dubai Land Department. Updated 22 March 2022.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
18th of 28
Parking
EM - 29
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 2.07M · October 2017

About 1803, Executive Tower E (East Heights 2)

1803 is a two-bedroom apartment of 1,522 sqft on the 18th 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 11 October 2017 for AED 2,070,000, or AED 1,360 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 22 March 2022, is AED 50,000 a year: a gross yield of 2.4% on the 2017 price, before the service charge of about AED 35,700 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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 2,052,421 (AED 1,348 per sqft)Sold, July 2010: AED 601,190 (AED 394 per sqft)Sold, October 2017: AED 2,070,000 (AED 1,360 per sqft)

1803 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, each contractTypical two-bed in Executive Tower E (East Heights 2)
50K100K150K2013201720212025Typical 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, December 2017: AED 60,000 a yearRenewal, December 2018: AED 60,000 a yearRenewal, December 2019: AED 60,000 a yearNew contract, February 2021: AED 60,000 a yearNew contract, March 2022: AED 50,000 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 1803 sits

All 49 2-beds →

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. 1803's AED 50,000 is at the bottom 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
18012-bedAED 1.17M · Oct 2010
18023-bedAED 2.4M · Nov 2017
18043-bedAED 2.75M · Jul 2026

1803, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 27 May 2010 for AED 2,052,421, last on 11 October 2017 for AED 2,070,000 (AED 1,360 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 60,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 2.4%, 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 22 March 2022.

Questions about 1803, Executive Tower E (East Heights 2)

What did unit 1803 last sell for?

AED 2,070,000 on 11 October 2017: AED 1,360 per sqft for 1,522 sqft. The unit has 3 registered sales; the first was AED 2,052,421 in May 2010.

What is the rent for unit 1803?

AED 50,000 a year on the contract signed on 22 March 2022. The previous contract, from February 2021, was AED 60,000; the unit has been rented since December 2017.

How big is unit 1803?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 18th floor of a 28-storey tower completed in 2009.

What is unit 1803 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 1803, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.07M, 11 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,070,000
Deposit, UAE resident (20%)
AED 414,000
Deposit, non-resident (40%)
AED 828,000
Monthly over 25 years at 3.7%
AED 8,469

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