3-bed · 2,107 sqftExecutive Tower F (East Heights 1), Business Bay · 7th floor · completed 2009

702, Executive Tower F (East Heights 1)

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 3.3M26 March 2024
Current rentAED 152K /yr22 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Executive Tower F (East Heights 1)

What is 702 worth today?

Last sold for AED 3,300,000 in 2024

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26 Mar 2024SoldReady
AED 3,300,000AED 1,566 per sqft
22 Aug 2022RentedNew contract
AED 152,000/yr12 months · AED 72 per sqft
22 Aug 2021RentedNew contract
AED 120,000/yr12 months · AED 57 per sqft
18 Aug 2020RentedNew contract
AED 105,000/yr12 months · AED 50 per sqft
15 Jun 2019RentedRenewal
AED 140,000/yr12 months · AED 66 per sqft
15 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 71 per sqft
15 Jun 2017RentedRenewal
AED 170,000/yr12 months · AED 81 per sqft
15 Jun 2016RentedNew contract
AED 175,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
3-bed apartment
Size
2,107 sqft
Floor
7th of 29
Parking
FB - 35 & 36
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,600 /yr
Last sold
AED 3.3M · March 2024

About 702, Executive Tower F (East Heights 1)

702 is a three-bedroom apartment of 2,107 sqft on the 7th 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 26 March 2024 for AED 3,300,000, or AED 1,566 per sqft, 19% above the AED 1,321 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 22 August 2022, is AED 152,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 33,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 by developer, December 2012: AED 2,035,000 (AED 965 per sqft)Sold, March 2024: AED 3,300,000 (AED 1,566 per sqft)

702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Executive Tower F (East Heights 1)
100K150K200K2013201720212025Typical 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, March 2014: AED 175,000 a yearRenewal, March 2015: AED 175,000 a yearNew contract, June 2016: AED 175,000 a yearRenewal, June 2017: AED 170,000 a yearRenewal, June 2018: AED 150,000 a yearRenewal, June 2019: AED 140,000 a yearNew contract, August 2020: AED 105,000 a yearNew contract, August 2021: AED 120,000 a yearNew contract, August 2022: AED 152,000 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 702 sits

All 60 3-beds →

702 last sold in March 2024 at AED 1,566 per sqft, 19% above what three-beds in Executive Tower F (East Heights 1) were fetching at the time (AED 1,321). 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. 702's AED 152,000 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
7013-bedAED 2.04M · Aug 2010
7031-bedAED 1.57M · Jan 2015
7041-bedAED 1M · Jan 2020
7052-bedAED 1.82M · Sep 2023
7062-bedAED 2M · Mar 2024

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

  • Sold twice: first on 30 December 2012 for AED 2,035,000, last on 26 March 2024 for AED 3,300,000 (AED 1,566 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 105,000 in 2020 and recovered to AED 152,000 by August 2022.
  • At AED 152,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 33,600 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 26 March 2024.

Questions about 702, Executive Tower F (East Heights 1)

What did unit 702 last sell for?

AED 3,300,000 on 26 March 2024: AED 1,566 per sqft for 2,107 sqft. The unit has 2 registered sales; the first was AED 2,035,000 in December 2012.

What is the rent for unit 702?

AED 152,000 a year on the contract signed on 22 August 2022. The previous contract, from August 2021, was AED 120,000; the unit has been rented since March 2014.

How big is unit 702?

2,107 sqft (195.7 sqm): a three-bedroom apartment on the 7th floor of a 29-storey tower completed in 2009.

What is unit 702 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 702, Executive Tower F (East Heights 1)

Starts from the last sale price (AED 3.3M, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

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