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2-bed · 1,047 sqftExecutive Bay A, Business Bay · 12th floor · completed 2014

12A02, Executive Bay A

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 12A02 · DLD and Ejari recordsUpdated 11 January 2025
Last soldAED 1.1M23 July 2014
Current rentAED 105K /yr11 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 12A02, Executive Bay A

What is 12A02 worth today?

Last sold for AED 1,098,640 in 2014

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11 Jan 2025RentedRenewal
AED 105,000/yr12 months · AED 100 per sqft
11 Jan 2024RentedRenewal
AED 92,400/yr12 months · AED 88 per sqft
11 Jan 2023RentedNew contract
AED 88,000/yr12 months · AED 84 per sqft
11 Jan 2023RentedNew contract
AED 88,000/yr12 months · AED 84 per sqft
1 Nov 2021RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
1 Aug 2020RentedNew contract
AED 60,000/yr13 months · AED 57 per sqft
6 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
1 Feb 2019RentedNew contract
AED 80,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 11 January 2025.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
12th of 20
Parking
B2-77
Developer
DAMAC
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.1M · July 2014
Building
Executive Bay A

About 12A02, Executive Bay A

12A02 is a two-bedroom apartment of 1,047 sqft on the 12th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 23 July 2014 for AED 1,098,640, or AED 1,049 per sqft, 19% below the AED 1,293 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 11 January 2025, is AED 105,000 a year: a gross yield of 9.6% on the 2014 price, before the service charge of about AED 13,400 a year.

Sales and rents for 12A02 over time

Sales
Unit 12A02, each saleTypical two-bed in Executive Bay A
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,249,600; 2013 AED 1,365,000; 2014 AED 1,494,474; 2015 AED 1,631,775; 2016 AED 1,400,000; 2017 AED 1,342,500; 2018 AED 1,300,000; 2019 AED 1,000,000; 2022 AED 932,523; 2023 AED 1,195,000; 2024 AED 1,258,400; 2025 AED 1,460,678Sold by developer, December 2013: AED 1,098,640 (AED 1,049 per sqft)Sold, July 2014: AED 1,098,640 (AED 1,049 per sqft)

12A02 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 12A02, each contractTypical two-bed in Executive Bay A
50K100K20142017202020232026Typical rent by year: 2014 AED 115,000; 2015 AED 115,500; 2016 AED 114,000; 2017 AED 100,000; 2018 AED 84,000; 2019 AED 77,000; 2020 AED 67,385; 2021 AED 62,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 100,000; 2025 AED 106,667New contract, October 2015: AED 120,000 a yearRenewal, October 2016: AED 117,000 a yearRenewal, October 2017: AED 105,000 a yearNew contract, February 2019: AED 80,000 a yearNew contract, August 2019: AED 70,000 a yearNew contract, August 2020: AED 60,000 a yearNew contract, November 2021: AED 65,000 a yearNew contract, January 2023: AED 88,000 a yearNew contract, January 2023: AED 88,000 a yearRenewal, January 2024: AED 92,400 a yearRenewal, January 2025: AED 105,000 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 Bay A, and where 12A02 sits

All 57 2-beds →

12A02 last sold in July 2014 at AED 1,049 per sqft, 19% below what two-beds in Executive Bay A were fetching at the time (AED 1,293). Over the last 12 months two-beds sold for AED 1,380,000 to 1,471,356, around AED 1,356 per sqft, and rent for AED 92,000 to 130,000 a year. 12A02's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jan 20261,380,000
15 Dec 20251,471,356
21 Jul 20251,381,487
7 May 20251,450,000
2 2-bed sales in the last 12 months

Executive Bay A

Building

176 apartments, studios to 2-bed over 20 floors in Business Bay, completed in 2014 by DAMAC. 6 sold in the last 12 months.

Typical price per sqft
AED 1,394
Typical sale
AED 1.23M
Typical rent
AED 64K /yr
Typical yield
8.9%
Executive Bay A, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 176 units in Executive Bay A
Value
12012-bedAED 1.5M · Oct 2014
12022-bedAED 1.47M · Dec 2025
12031-bedAED 950K · Sep 2024
12042-bedAED 1.71M · Aug 2014
1205StudioAED 715K · Jan 2025
1206StudioAED 500K · Aug 2018
1207StudioAED 575K · Sep 2018
1–7 of 21

12A02, Executive Bay A in numbers

  • Sold twice: first on 3 December 2013 for AED 1,098,640, last on 23 July 2014 for AED 1,098,640 (AED 1,049 per sqft).
  • Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2020 and recovered to AED 105,000 by January 2025.
  • At AED 105,000 a year the gross yield on the 2014 price is 9.6%, before a service charge of about AED 13,400 a year (AED 12.83 per sqft).
  • Two-beds in Executive Bay A sold for AED 1,380,000–1,471,356 in the 12 months to November 2026; the building's median across all types is AED 1,394 per sqft.

Source: Dubai Land Department. Updated 11 January 2025.

Questions about 12A02, Executive Bay A

What did unit 12A02 last sell for?

AED 1,098,640 on 23 July 2014: AED 1,049 per sqft for 1,047 sqft. The unit has 2 registered sales; the first was AED 1,098,640 in December 2013.

What is the rent for unit 12A02?

AED 105,000 a year on the contract renewed on 11 January 2025. The previous contract, from January 2024, was AED 92,400; the unit has been rented since October 2015.

How big is unit 12A02?

1,047 sqft (97.3 sqm): a two-bedroom apartment on the 12th floor of a 20-storey tower completed in 2014.

What is unit 12A02 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Bay A sold for AED 1,380,000 to 1,471,356 in the last 12 months, around AED 1,356 per sqft.

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Mortgage on 12A02, Executive Bay A

Starts from the last sale price (AED 1.1M, 23 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,098,640
Deposit, UAE resident (20%)
AED 219,728
Deposit, non-resident (40%)
AED 439,456
Monthly over 25 years at 3.7%
AED 4,495

Plus AED 51,153 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →