2-bed · 1,521 sqftExecutive Tower E (East Heights 2), Business Bay · 9th floor · completed 2009

901, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 1.6M21 June 2023
Current rentAED 150K /yr12 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Executive Tower E (East Heights 2)

What is 901 worth today?

Last sold for AED 1,600,000 in 2023

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12 Jun 2024RentedNew contract
AED 150,000/yr12 months · AED 99 per sqft
21 Jun 2023SoldReady
AED 1,600,000AED 1,051 per sqft
18 Jan 2023RentedRenewal
AED 88,000/yr12 months · AED 58 per sqft
18 Jan 2023RentedNew contract
AED 88,000/yr12 months · AED 58 per sqft
18 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 53 per sqft
18 Jan 2021RentedRenewal
AED 78,000/yr12 months · AED 51 per sqft
18 Jan 2020RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
18 Jan 2019RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
9th of 28
Parking
EB - 37
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.6M · June 2023

About 901, Executive Tower E (East Heights 2)

901 is a two-bedroom apartment of 1,521 sqft on the 9th 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 21 June 2023 for AED 1,600,000, or AED 1,051 per sqft, in line with the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 12 June 2024, is AED 150,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 35,600 a year.

Sales and rents for 901 over time

Sales
Unit 901, 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 2,018,794 (AED 1,327 per sqft)Sold, February 2012: AED 2,441,037 (AED 1,604 per sqft)Sold, June 2023: AED 1,600,000 (AED 1,051 per sqft)

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

Rents
Unit 901, 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, January 2015: AED 135,000 a yearRenewal, January 2016: AED 135,000 a yearRenewal, January 2017: AED 130,000 a yearRenewal, January 2018: AED 110,000 a yearRenewal, January 2019: AED 105,000 a yearRenewal, January 2020: AED 95,000 a yearRenewal, January 2021: AED 78,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 88,000 a yearNew contract, January 2023: AED 88,000 a yearNew contract, June 2024: AED 150,000 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 901 sits

All 49 2-beds →

901 last sold in June 2023 at AED 1,051 per sqft, in line with what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,051). 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. 901's AED 150,000 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 →
Value
9023-bedAED 2.4M · Oct 2024
9032-bedAED 1.6M · Nov 2022
9043-bedAED 2.3M · May 2024

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

  • Sold 3 times: first on 9 December 2009 for AED 2,018,794, last on 21 June 2023 for AED 1,600,000 (AED 1,051 per sqft).
  • Rented since January 2015 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 78,000 in 2021 and recovered to AED 150,000 by June 2024.
  • At AED 150,000 a year the gross yield on the 2023 price is 9.4%, 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 12 June 2024.

Questions about 901, Executive Tower E (East Heights 2)

What did unit 901 last sell for?

AED 1,600,000 on 21 June 2023: AED 1,051 per sqft for 1,521 sqft. The unit has 3 registered sales; the first was AED 2,018,794 in December 2009.

What is the rent for unit 901?

AED 150,000 a year on the contract signed on 12 June 2024. The previous contract, from January 2023, was AED 88,000; the unit has been rented since January 2015.

How big is unit 901?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 9th floor of a 28-storey tower completed in 2009.

What is unit 901 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 901, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.6M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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