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2-bed · 1,522 sqftExecutive Tower E (East Heights 2), Business Bay · 23rd floor · completed 2009

2301, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 13 May 2020
Last soldAED 2.4M2 June 2014
Current rentAED 90K /yr13 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2301, Executive Tower E (East Heights 2)

What is 2301 worth today?

Last sold for AED 2,400,000 in 2014

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13 May 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
13 May 2019RentedNew contract
AED 100,000/yr12 months · AED 66 per sqft
10 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
7 Dec 2015RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
7 Dec 2014RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
2 Jun 2014SoldReady
AED 2,400,000AED 1,576 per sqft
1 Jul 2010SoldReady
AED 2,437,902AED 1,601 per sqft
25 May 2010Sold by developerReady
AED 2,052,420AED 1,348 per sqft

Source: Dubai Land Department. Updated 13 May 2020.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
23rd of 28
Parking
EM - 56
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 2.4M · June 2014
Building
Executive Tower E (East Heights 2)

About 2301, Executive Tower E (East Heights 2)

2301 is a two-bedroom apartment of 1,522 sqft on the 23rd 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 2 June 2014 for AED 2,400,000, or AED 1,576 per sqft, 12% above the AED 1,409 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 13 May 2020, is AED 90,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 35,700 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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 2,052,420 (AED 1,348 per sqft)Sold, July 2010: AED 2,437,902 (AED 1,601 per sqft)Sold, June 2014: AED 2,400,000 (AED 1,576 per sqft)

2301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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, December 2014: AED 125,000 a yearRenewal, December 2015: AED 135,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, May 2019: AED 100,000 a yearNew contract, May 2020: AED 90,000 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 2301 sits

All 49 2-beds →

2301 last sold in June 2014 at AED 1,576 per sqft, 12% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,409). 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. 2301's AED 90,000 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 →

Other units on the 23rd floor

All 104 units in Executive Tower E (East Heights 2)
Value
23023-bedAED 2.89M · May 2014
23032-bedAED 2.51M · Jun 2014
23043-bedAED 1.45M · Aug 2020

2301, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 25 May 2010 for AED 2,052,420, last on 2 June 2014 for AED 2,400,000 (AED 1,576 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 3.8%, 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 13 May 2020.

Questions about 2301, Executive Tower E (East Heights 2)

What did unit 2301 last sell for?

AED 2,400,000 on 2 June 2014: AED 1,576 per sqft for 1,522 sqft. The unit has 3 registered sales; the first was AED 2,052,420 in May 2010.

What is the rent for unit 2301?

AED 90,000 a year on the contract signed on 13 May 2020. The previous contract, from May 2019, was AED 100,000; the unit has been rented since December 2014.

How big is unit 2301?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2009.

What is unit 2301 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 2301, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.4M, 2 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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