3-bed · 1,858 sqftExecutive Tower F (East Heights 1), Business Bay · 24th floor · completed 2009

2404, Executive Tower F (East Heights 1)

Sold prices and rental history: sold 3 times, last in October 2014, and rented once, from January 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 12 October 2014
Last soldAED 2.75M12 October 2014
Current rentAED 88K /yr13 January 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Executive Tower F (East Heights 1)

What is 2404 worth today?

Last sold for AED 2,750,000 in 2014

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12 Oct 2014SoldReady
AED 2,750,000AED 1,480 per sqft
13 Jan 2012RentedNew contract
AED 88,000/yr12 months · AED 47 per sqft
11 Nov 2010SoldReady
AED 1,945,000AED 1,046 per sqft
4 Nov 2010Sold by developerReady
AED 1,945,000AED 1,046 per sqft

Source: Dubai Land Department. Updated 12 October 2014.

Key facts

Type
3-bed apartment
Size
1,858 sqft
Floor
24th of 29
Parking
FG - 33 & 34
Developer
Dubai Properties
Completed
2009
Service charge
AED 29,600 /yr
Last sold
AED 2.75M · October 2014

About 2404, Executive Tower F (East Heights 1)

2404 is a three-bedroom apartment of 1,858 sqft on the 24th floor of Executive Tower F (East Heights 1), a 29-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 12 October 2014 for AED 2,750,000, or AED 1,480 per sqft, in line with the AED 1,480 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 January 2012. The current contract, signed on 13 January 2012, is AED 88,000 a year: a gross yield of 3.2% on the 2014 price, before the service charge of about AED 29,600 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical three-bed in Executive Tower F (East Heights 1)
2M3M2010201520202025Typical sale price by year: 2010 AED 2,035,000; 2011 AED 1,945,000; 2012 AED 2,035,000; 2013 AED 2,110,000; 2014 AED 3,020,000; 2015 AED 2,035,000; 2016 AED 2,650,000; 2017 AED 2,790,000; 2018 AED 2,375,000; 2020 AED 1,855,000; 2021 AED 2,130,000; 2023 AED 2,475,000; 2024 AED 3,000,000; 2025 AED 3,300,000; 2026 AED 3,400,000Sold, November 2010: AED 1,945,000 (AED 1,046 per sqft)Sold by developer, November 2010: AED 1,945,000 (AED 1,046 per sqft)Sold, October 2014: AED 2,750,000 (AED 1,480 per sqft)

2404 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2404, each contractTypical three-bed in Executive Tower F (East Heights 1)
100K200K2012201620202024Typical rent by year: 2013 AED 130,000; 2014 AED 170,500; 2015 AED 177,500; 2016 AED 175,000; 2017 AED 170,000; 2018 AED 145,000; 2019 AED 135,000; 2020 AED 117,500; 2021 AED 110,000; 2022 AED 121,000; 2023 AED 144,799; 2024 AED 175,000; 2025 AED 195,000; 2026 AED 201,383New contract, January 2012: AED 88,000 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 F (East Heights 1), and where 2404 sits

All 60 3-beds →

2404 last sold in October 2014 at AED 1,480 per sqft, in line with what three-beds in Executive Tower F (East Heights 1) were fetching at the time (AED 1,480). Over the last 12 months three-beds sold for AED 2,750,000 to 3,650,000, around AED 1,655 per sqft, and rent for AED 169,785 to 340,000 a year. 2404's AED 88,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Oct 20263,400,000
18 Aug 20263,550,000
13 May 20263,650,000
30 Apr 20262,750,000
5 3-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
24013-bedAED 2.13M · Jun 2021
24023-bedAED 3.1M · May 2025
24033-bedAED 1.95M · Apr 2015

2404, Executive Tower F (East Heights 1) in numbers

  • Sold 3 times: first on 4 November 2010 for AED 1,945,000, last on 12 October 2014 for AED 2,750,000 (AED 1,480 per sqft).
  • Rented since January 2012 on one Ejari contract, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2014 price is 3.2%, before a service charge of about AED 29,600 a year (AED 15.94 per sqft).
  • Three-beds in Executive Tower F (East Heights 1) sold for AED 2,750,000–3,650,000 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 12 October 2014.

Questions about 2404, Executive Tower F (East Heights 1)

What did unit 2404 last sell for?

AED 2,750,000 on 12 October 2014: AED 1,480 per sqft for 1,858 sqft. The unit has 3 registered sales; the first was AED 1,945,000 in November 2010.

What is the rent for unit 2404?

AED 88,000 a year on the contract signed on 13 January 2012.

How big is unit 2404?

1,858 sqft (172.6 sqm): a three-bedroom apartment on the 24th floor of a 29-storey tower completed in 2009.

What is unit 2404 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 F (East Heights 1) sold for AED 2,750,000 to 3,650,000 in the last 12 months, around AED 1,655 per sqft.

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Mortgage on 2404, Executive Tower F (East Heights 1)

Starts from the last sale price (AED 2.75M, 12 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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