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3-bed · 1,850 sqftExecutive Tower E (East Heights 2), Business Bay · 26th floor · completed 2009

2604, Executive Tower E (East Heights 2)

Sold prices and rental history: sold twice, last in March 2011, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2604 · DLD and Ejari recordsUpdated 1 April 2017
Last soldAED 1.38M30 March 2011
Current rentAED 180K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2604, Executive Tower E (East Heights 2)

What is 2604 worth today?

Last sold for AED 1,378,250 in 2011

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1 Apr 2017RentedRenewal
AED 180,000/yr20 months · AED 97 per sqft
1 Apr 2016RentedNew contract
AED 180,000/yr12 months · AED 97 per sqft
30 Mar 2011SoldReady
AED 1,378,250AED 745 per sqft
27 May 2010Sold by developerReady
AED 2,512,143AED 1,357 per sqft

Source: Dubai Land Department. Updated 1 April 2017.

Key facts

Type
3-bed apartment
Size
1,850 sqft
Floor
26th of 28
Parking
ES - 5 & 6
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,300 /yr
Last sold
AED 1.38M · March 2011
Building
Executive Tower E (East Heights 2)

About 2604, Executive Tower E (East Heights 2)

2604 is a three-bedroom apartment of 1,850 sqft on the 26th 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 30 March 2011 for AED 1,378,250, or AED 745 per sqft, 45% below the AED 1,344 three-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 April 2017, is AED 180,000 a year: a gross yield of 13.1% on the 2011 price, before the service charge of about AED 43,300 a year.

Sales and rents for 2604 over time

Sales
Unit 2604, each saleTypical three-bed in Executive Tower E (East Heights 2)
2M3M2009201420192024Typical sale price by year: 2009 AED 2,483,389; 2010 AED 2,483,389; 2011 AED 1,335,280; 2012 AED 1,800,000; 2013 AED 2,426,550; 2014 AED 2,975,000; 2016 AED 2,440,000; 2018 AED 1,925,000; 2023 AED 2,100,000; 2024 AED 2,335,891; 2025 AED 3,100,000; 2026 AED 2,793,141Sold by developer, May 2010: AED 2,512,143 (AED 1,357 per sqft)Sold, March 2011: AED 1,378,250 (AED 745 per sqft)

2604 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2604, each contractTypical three-bed in Executive Tower E (East Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 110,098; 2014 AED 150,000; 2015 AED 165,000; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 107,000; 2021 AED 110,000; 2022 AED 120,500; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 177,000; 2026 AED 175,000New contract, April 2016: AED 180,000 a yearRenewal, April 2017: AED 180,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Executive Tower E (East Heights 2), and where 2604 sits

All 50 3-beds →

2604 last sold in March 2011 at AED 745 per sqft, 45% below what three-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,344). Over the last 12 months three-beds sold for AED 2,750,000 to 4,600,000, around AED 1,511 per sqft, and rent for AED 120,000 to 240,000 a year. 2604's AED 180,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20264,600,000
16 Sep 20262,790,000
20 Jul 20262,750,000
18 Jul 20262,770,000
6 3-bed sales 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 26th floor

All 104 units in Executive Tower E (East Heights 2)
Value
26012-bedAED 1.39M · Dec 2021
26023-bedAED 3.13M · Sep 2014
26032-bedAED 1.53M · Aug 2022

2604, Executive Tower E (East Heights 2) in numbers

  • Sold twice: first on 27 May 2010 for AED 2,512,143, last on 30 March 2011 for AED 1,378,250 (AED 745 per sqft).
  • Rented since April 2016 on 2 Ejari contracts, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2011 price is 13.1%, before a service charge of about AED 43,300 a year (AED 23.43 per sqft).
  • Three-beds in Executive Tower E (East Heights 2) sold for AED 2,750,000–4,600,000 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 1 April 2017.

Questions about 2604, Executive Tower E (East Heights 2)

What did unit 2604 last sell for?

AED 1,378,250 on 30 March 2011: AED 745 per sqft for 1,850 sqft. The unit has 2 registered sales; the first was AED 2,512,143 in May 2010.

What is the rent for unit 2604?

AED 180,000 a year on the contract renewed on 1 April 2017. The previous contract, from April 2016, was AED 180,000.

How big is unit 2604?

1,850 sqft (171.9 sqm): a three-bedroom apartment on the 26th floor of a 28-storey tower completed in 2009.

What is unit 2604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower E (East Heights 2) sold for AED 2,750,000 to 4,600,000 in the last 12 months, around AED 1,511 per sqft.

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Mortgage on 2604, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.38M, 30 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,378,250
Deposit, UAE resident (20%)
AED 275,650
Deposit, non-resident (40%)
AED 551,300
Monthly over 25 years at 3.7%
AED 5,639

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