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2-bed · 1,521 sqftExecutive Tower E (East Heights 2), Business Bay · 7th floor · completed 2009

703, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in May 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 August 2022
Last soldAED 1.83M11 May 2015
Current rentAED 95K /yr7 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Executive Tower E (East Heights 2)

What is 703 worth today?

Last sold for AED 1,830,000 in 2015

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7 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
7 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
29 Jun 2020RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
30 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
22 Jun 2018RentedRenewal
AED 111,815/yr12 months · AED 74 per sqft
22 Jun 2017RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
15 Jun 2016RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
15 Jun 2015RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 7 August 2022.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
7th of 28
Parking
EB - 28
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.83M · May 2015
Building
Executive Tower E (East Heights 2)

About 703, Executive Tower E (East Heights 2)

703 is a two-bedroom apartment of 1,521 sqft on the 7th 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 May 2015 for AED 1,830,000, or AED 1,203 per sqft, 22% below the AED 1,544 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 August 2022, is AED 95,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 35,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, July 2010: AED 1,902,573 (AED 1,250 per sqft)Sold by developer, July 2010: AED 2,018,794 (AED 1,327 per sqft)Sold, December 2012: AED 1,764,360 (AED 1,159 per sqft)Sold, May 2015: AED 1,830,000 (AED 1,203 per sqft)

703 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, 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 140,000 a yearNew contract, June 2015: AED 140,000 a yearRenewal, June 2016: AED 135,000 a yearNew contract, June 2017: AED 115,000 a yearRenewal, June 2018: AED 111,815 a yearRenewal, June 2019: AED 90,000 a yearRenewal, June 2020: AED 80,000 a yearNew contract, August 2021: AED 85,000 a yearNew contract, August 2022: AED 95,000 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 703 sits

All 49 2-beds →

703 last sold in May 2015 at AED 1,203 per sqft, 22% below what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,544). 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. 703's AED 95,000 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 7th floor

All 104 units in Executive Tower E (East Heights 2)
Value
7012-bedAED 1.58M · Jan 2013
7023-bedAED 1.8M · Mar 2022
7043-bedAED 3.1M · May 2025

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

  • Sold 4 times: first on 4 July 2010 for AED 2,018,794, last on 11 May 2015 for AED 1,830,000 (AED 1,203 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 80,000 in 2020 and recovered to AED 95,000 by August 2022.
  • At AED 95,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 35,600 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 7 August 2022.

Questions about 703, Executive Tower E (East Heights 2)

What did unit 703 last sell for?

AED 1,830,000 on 11 May 2015: AED 1,203 per sqft for 1,521 sqft. The unit has 4 registered sales; the first was AED 2,018,794 in July 2010.

What is the rent for unit 703?

AED 95,000 a year on the contract signed on 7 August 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since June 2014.

How big is unit 703?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2009.

What is unit 703 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 703, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.83M, 11 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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