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

903, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 11 November 2022
Last soldAED 1.6M11 November 2022
Current rentAED 90K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 903, Executive Tower E (East Heights 2)

What is 903 worth today?

Last sold for AED 1,600,000 in 2022

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11 Nov 2022SoldReady
AED 1,600,000AED 1,051 per sqft
10 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
10 Oct 2022RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
10 Oct 2021RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
10 Oct 2020RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
10 Oct 2019RentedRenewal
AED 95,000/yr12 months · AED 63 per sqft
10 Oct 2018RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft
10 Oct 2017RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 11 November 2022.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
9th of 28
Parking
EB - 40
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.6M · November 2022
Building
Executive Tower E (East Heights 2)

About 903, Executive Tower E (East Heights 2)

903 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 11 November 2022 for AED 1,600,000, or AED 1,051 per sqft, 8% above the AED 972 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 10 October 2022, is AED 90,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 35,600 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, June 2012: AED 2,318,270 (AED 1,524 per sqft)Sold, December 2013: AED 1,000,000 (AED 1,314 per sqft)Sold, November 2022: AED 1,600,000 (AED 1,051 per sqft)

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

Rents
Unit 903, 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, October 2016: AED 130,000 a yearNew contract, October 2017: AED 110,000 a yearRenewal, October 2018: AED 110,000 a yearRenewal, October 2019: AED 95,000 a yearNew contract, October 2020: AED 85,000 a yearRenewal, October 2021: AED 85,000 a yearNew contract, October 2022: AED 90,000 a yearRenewal, October 2022: 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 903 sits

All 49 2-beds →

903 last sold in November 2022 at AED 1,051 per sqft, 8% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 972). 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. 903'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 9th floor

All 104 units in Executive Tower E (East Heights 2)
Value
9012-bedAED 1.6M · Jun 2023
9023-bedAED 2.4M · Oct 2024
9043-bedAED 2.3M · May 2024

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

  • Sold 4 times: first on 9 December 2009 for AED 2,018,794, last on 11 November 2022 for AED 1,600,000 (AED 1,051 per sqft).
  • Rented since October 2016 on 8 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.6%, 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 11 November 2022.

Questions about 903, Executive Tower E (East Heights 2)

What did unit 903 last sell for?

AED 1,600,000 on 11 November 2022: AED 1,051 per sqft for 1,521 sqft. The unit has 4 registered sales; the first was AED 2,018,794 in December 2009.

What is the rent for unit 903?

AED 90,000 a year on the contract signed on 10 October 2022. The previous contract, from October 2022, was AED 90,000; the unit has been rented since October 2016.

How big is unit 903?

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 903 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 903, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.6M, 11 November 2022). 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 →