2-bed · 2,127 sqftExecutive Tower F (East Heights 1), Business Bay · 16th floor · completed 2009

1602, Executive Tower F (East Heights 1)

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 2.39M2 March 2011
Current rentAED 126K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Executive Tower F (East Heights 1)

What is 1602 worth today?

Last sold for AED 2,390,000 in 2011

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9 Oct 2026RentedRenewal
AED 126,000/yr12 months · AED 59 per sqft
9 Oct 2025RentedRenewal
AED 126,000/yr12 months · AED 59 per sqft
9 Oct 2024RentedRenewal
AED 126,000/yr12 months · AED 59 per sqft
9 Oct 2023RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
9 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
10 Aug 2021RentedNew contract
AED 90,000/yr13 months · AED 42 per sqft
1 Feb 2020RentedRenewal
AED 110,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
2-bed apartment
Size
2,127 sqft
Floor
16th of 29
Parking
FG - 11 & 12
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,900 /yr
Last sold
AED 2.39M · March 2011

About 1602, Executive Tower F (East Heights 1)

1602 is a two-bedroom apartment of 2,127 sqft on the 16th floor of Executive Tower F (East Heights 1), a 29-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 2 March 2011 for AED 2,390,000, or AED 1,123 per sqft, 15% above the AED 978 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 9 October 2026, is AED 126,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 33,900 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Executive Tower F (East Heights 1)
1.5M2M2.5M20102014201820222026Typical sale price by year: 2010 AED 1,820,000; 2011 AED 1,315,000; 2012 AED 1,585,000; 2013 AED 1,820,000; 2014 AED 2,200,000; 2015 AED 2,200,000; 2016 AED 2,200,000; 2017 AED 2,126,501; 2019 AED 1,580,000; 2021 AED 2,137,500; 2022 AED 1,625,000; 2023 AED 1,790,000; 2024 AED 1,850,000; 2025 AED 2,202,500Sold by developer, March 2011: AED 2,390,000 (AED 1,123 per sqft)

1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Executive Tower F (East Heights 1)
100K125K2013201720212025Typical rent by year: 2013 AED 105,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 130,596; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 90,000; 2021 AED 85,000; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 132,500New contract, December 2014: AED 140,000 a yearRenewal, December 2015: AED 140,000 a yearNew contract, February 2018: AED 125,000 a yearRenewal, February 2019: AED 120,000 a yearRenewal, February 2020: AED 110,000 a yearNew contract, August 2021: AED 90,000 a yearNew contract, October 2022: AED 120,000 a yearRenewal, October 2023: AED 120,000 a yearRenewal, October 2024: AED 126,000 a yearRenewal, October 2025: AED 126,000 a yearRenewal, October 2026: AED 126,000 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 F (East Heights 1), and where 1602 sits

All 58 2-beds →

1602 last sold in March 2011 at AED 1,123 per sqft, 15% above what two-beds in Executive Tower F (East Heights 1) were fetching at the time (AED 978). Over the last 12 months two-beds sold for AED 2,450,000 to 2,690,000, around AED 1,381 per sqft, and rent for AED 97,500 to 170,000 a year. 1602's AED 126,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20262,690,000
7 Apr 20262,450,000
23 Oct 20251,981,155
29 Aug 20252,375,000
2 2-bed sales in the last 12 months

Executive Tower F (East Heights 1)

Building

141 apartments, 1-bed to 4-bed over 29 floors in Business Bay, completed in 2009 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,478
Typical sale
AED 3.4M
Typical rent
AED 145K /yr
Typical yield
5.5%
Executive Tower F (East Heights 1), Business Bay: prices, sales and rents →
Value
16012-bedAED 2.39M · Mar 2013
16032-bedAED 1.58M · Mar 2024
16042-bedAED 1.32M · Oct 2010
16052-bedAED 1.82M · Mar 2011
16062-bedAED 1.76M · Feb 2023

1602, Executive Tower F (East Heights 1) in numbers

  • Sold once: by Dubai Properties on 2 March 2011 for AED 2,390,000, or AED 1,123 per sqft.
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 140,000 to AED 90,000 in 2021 and recovered to AED 126,000 by October 2026.
  • At AED 126,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 33,900 a year (AED 15.94 per sqft).
  • Two-beds in Executive Tower F (East Heights 1) sold for AED 2,450,000–2,690,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.

Source: Dubai Land Department. Updated 9 October 2026.

Questions about 1602, Executive Tower F (East Heights 1)

What did unit 1602 last sell for?

AED 2,390,000 on 2 March 2011, sold by the developer: AED 1,123 per sqft for 2,127 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 126,000 a year on the contract renewed on 9 October 2026. The previous contract, from October 2025, was AED 126,000; the unit has been rented since December 2014.

How big is unit 1602?

2,127 sqft (197.6 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2009.

What is unit 1602 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 F (East Heights 1) sold for AED 2,450,000 to 2,690,000 in the last 12 months, around AED 1,381 per sqft.

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Mortgage on 1602, Executive Tower F (East Heights 1)

Starts from the last sale price (AED 2.39M, 2 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,390,000
Deposit, UAE resident (20%)
AED 478,000
Deposit, non-resident (40%)
AED 956,000
Monthly over 25 years at 3.7%
AED 9,778

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