4-bed · 6,925 sqftExecutive Tower F (East Heights 1), Business Bay · 29th floor · completed 2009

2902, Executive Tower F (East Heights 1)

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 6.4M12 July 2023
Current rentAED 240K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Executive Tower F (East Heights 1)

What is 2902 worth today?

Last sold for AED 6,400,000 in 2023

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12 Jul 2023SoldReady
AED 6,400,000AED 924 per sqft
1 Dec 2020RentedRenewal
AED 240,000/yr12 months · AED 35 per sqft
1 Dec 2019RentedNew contract
AED 240,000/yr12 months · AED 35 per sqft
20 Feb 2018RentedRenewal
AED 404,251/yr5 months · AED 58 per sqft
20 Aug 2017RentedRenewal
AED 404,250/yr6 months · AED 58 per sqft
20 Aug 2016RentedRenewal
AED 404,250/yr12 months · AED 58 per sqft
20 Aug 2015RentedRenewal
AED 404,250/yr12 months · AED 58 per sqft
20 Aug 2014RentedRenewal
AED 367,500/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
4-bed apartment
Size
6,925 sqft
Floor
29th of 29
Parking
FG - 31 & 32
Developer
Dubai Properties
Completed
2009
Service charge
AED 110,400 /yr
Last sold
AED 6.4M · July 2023

About 2902, Executive Tower F (East Heights 1)

2902 is a four-bedroom apartment of 6,925 sqft on the 29th 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 July 2023 for AED 6,400,000, or AED 924 per sqft.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 240,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 110,400 a year.

Sales and rents for 2902 over time

Rents
Unit 2902, each contractTypical four-bed in Executive Tower F (East Heights 1)
200K400K600K2012201620202024Typical rent by year: 2014 AED 351,120; 2015 AED 382,720; 2016 AED 382,720; 2017 AED 372,000; 2018 AED 230,000; 2019 AED 272,500; 2020 AED 272,499; 2021 AED 257,500; 2023 AED 200,000; 2024 AED 210,000; 2025 AED 340,000; 2026 AED 593,000New contract, July 2012: AED 249,330 a yearNew contract, August 2013: AED 350,000 a yearRenewal, August 2014: AED 367,500 a yearRenewal, August 2015: AED 404,250 a yearRenewal, August 2016: AED 404,250 a yearRenewal, August 2017: AED 404,250 a yearRenewal, February 2018: AED 404,251 a yearNew contract, December 2019: AED 240,000 a yearRenewal, December 2020: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Executive Tower F (East Heights 1), and where 2902 sits

All 6 4-beds →

Over the last 12 months four-beds sold for AED 6,000,000 to 6,850,000, around AED 1,381 per sqft, and rent for AED 400,000 to 593,019 a year. 2902's AED 240,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
13 Oct 20266,000,000
15 Apr 20266,850,000
15 Oct 20244,000,000
28 Aug 20234,150,000
2 4-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
29014-bedAED 6.51M · Nov 2019

2902, Executive Tower F (East Heights 1) in numbers

  • Sold twice: first on 13 July 2011 for AED 7,112,700, last on 12 July 2023 for AED 6,400,000 (AED 924 per sqft).
  • Rented since July 2012 on 9 Ejari contracts, from AED 249,330 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 110,400 a year (AED 15.94 per sqft).
  • Four-beds in Executive Tower F (East Heights 1) sold for AED 6,000,000–6,850,000 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 July 2023.

Questions about 2902, Executive Tower F (East Heights 1)

What did unit 2902 last sell for?

AED 6,400,000 on 12 July 2023: AED 924 per sqft for 6,925 sqft. The unit has 2 registered sales; the first was AED 7,112,700 in July 2011.

What is the rent for unit 2902?

AED 240,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 240,000; the unit has been rented since July 2012.

How big is unit 2902?

6,925 sqft (643.4 sqm): a four-bedroom apartment on the 29th floor of a 29-storey tower completed in 2009.

What is unit 2902 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Executive Tower F (East Heights 1) sold for AED 6,000,000 to 6,850,000 in the last 12 months, around AED 1,381 per sqft.

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Mortgage on 2902, Executive Tower F (East Heights 1)

Starts from the last sale price (AED 6.4M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,400,000
Deposit, UAE resident (20%)
AED 1,280,000
Deposit, non-resident (40%)
AED 2,560,000
Monthly over 25 years at 3.7%
AED 26,184

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