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2-bed · 1,522 sqftExecutive Tower E (East Heights 2), Business Bay · 20th floor · completed 2009

2003, Executive Tower E (East Heights 2)

Sold prices and rental history: sold twice, last in March 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2003 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.51M10 March 2010
Current rentAED 140K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2003, Executive Tower E (East Heights 2)

What is 2003 worth today?

Last sold for AED 2,510,892 in 2010

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15 Nov 2024RentedRenewal
AED 140,000/yr12 months · AED 92 per sqft
15 Nov 2023RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
6 Aug 2022RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
6 Aug 2021RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
6 Aug 2020RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
6 Aug 2019RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
9 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
20 Jul 2016RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
20th of 28
Parking
EM - 41
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 2.51M · March 2010
Building
Executive Tower E (East Heights 2)

About 2003, Executive Tower E (East Heights 2)

2003 is a two-bedroom apartment of 1,522 sqft on the 20th 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 10 March 2010 for AED 2,510,892, or AED 1,649 per sqft, 24% above the AED 1,327 two-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 November 2024, is AED 140,000 a year: a gross yield of 5.6% on the 2010 price, before the service charge of about AED 35,700 a year.

Sales and rents for 2003 over time

Sales
Unit 2003, 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 2,052,421 (AED 1,348 per sqft)Sold, March 2010: AED 2,510,892 (AED 1,649 per sqft)

2003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2003, 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, June 2014: AED 135,000 a yearNew contract, June 2015: AED 145,000 a yearNew contract, July 2016: AED 135,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, August 2019: AED 90,000 a yearRenewal, August 2020: AED 80,000 a yearRenewal, August 2021: AED 85,000 a yearRenewal, August 2022: AED 95,000 a yearNew contract, November 2023: AED 135,000 a yearRenewal, November 2024: AED 140,000 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 2003 sits

All 49 2-beds →

2003 last sold in March 2010 at AED 1,649 per sqft, 24% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,327). 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. 2003's AED 140,000 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 →

Other units on the 20th floor

All 104 units in Executive Tower E (East Heights 2)
Value
20012-bedAED 1.45M · Sep 2021
20023-bedAED 1.47M · May 2010
20043-bedAED 3.56M · Apr 2014

2003, Executive Tower E (East Heights 2) in numbers

  • Sold twice: first on 13 December 2009 for AED 2,052,421, last on 10 March 2010 for AED 2,510,892 (AED 1,649 per sqft).
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 140,000 by November 2024.
  • At AED 140,000 a year the gross yield on the 2010 price is 5.6%, 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 15 November 2024.

Questions about 2003, Executive Tower E (East Heights 2)

What did unit 2003 last sell for?

AED 2,510,892 on 10 March 2010: AED 1,649 per sqft for 1,522 sqft. The unit has 2 registered sales; the first was AED 2,052,421 in December 2009.

What is the rent for unit 2003?

AED 140,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 135,000; the unit has been rented since June 2014.

How big is unit 2003?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 20th floor of a 28-storey tower completed in 2009.

What is unit 2003 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 2003, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.51M, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,510,892
Deposit, UAE resident (20%)
AED 502,178
Deposit, non-resident (40%)
AED 1,004,357
Monthly over 25 years at 3.7%
AED 10,273

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