Studio · 336 sqftExecutive Bay A, Business Bay · 4th floor · completed 2014

406, Executive Bay A

Sold prices and rental history: sold 3 times, last in October 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 28 October 2021
Last soldAED 400K28 October 2021
Current rentAED 35K /yr17 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Executive Bay A

What is 406 worth today?

Last sold for AED 400,000 in 2021

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28 Oct 2021SoldReady
AED 400,000AED 1,188 per sqft
17 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 105 per sqft
1 Nov 2017RentedNew contract
AED 55,000/yr12 months · AED 165 per sqft
31 Mar 2016SoldReady
AED 570,000AED 1,694 per sqft
25 May 2015RentedNew contract
AED 60,000/yr12 months · AED 180 per sqft
18 Aug 2014Sold by developerReady
AED 485,800AED 1,443 per sqft

Source: Dubai Land Department. Updated 28 October 2021.

Key facts

Type
Studio apartment
Size
336 sqft
Floor
4th of 20
Parking
B3-6
Developer
DAMAC
Completed
2014
Service charge
AED 4,300 /yr
Last sold
AED 400K · October 2021

About 406, Executive Bay A

406 is a studio of 336 sqft on the 4th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 28 October 2021 for AED 400,000, or AED 1,188 per sqft, 30% above the AED 912 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 17 November 2019, is AED 35,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 4,300 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Executive Bay A
400K600K2013201720212025Typical sale price by year: 2013 AED 556,250; 2014 AED 606,475; 2015 AED 712,500; 2016 AED 710,000; 2017 AED 665,000; 2018 AED 580,000; 2019 AED 502,500; 2020 AED 440,000; 2021 AED 450,000; 2023 AED 630,000; 2024 AED 672,500; 2025 AED 725,000Sold by developer, August 2014: AED 485,800 (AED 1,443 per sqft)Sold, March 2016: AED 570,000 (AED 1,694 per sqft)Sold, October 2021: AED 400,000 (AED 1,188 per sqft)

406 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Executive Bay A
40K60K2014201820222026Typical rent by year: 2014 AED 63,000; 2015 AED 65,324; 2016 AED 65,000; 2017 AED 60,000; 2018 AED 52,000; 2019 AED 45,000; 2020 AED 36,000; 2021 AED 36,000; 2022 AED 41,000; 2023 AED 48,035; 2024 AED 55,000; 2025 AED 56,000; 2026 AED 64,000New contract, May 2015: AED 60,000 a yearNew contract, November 2017: AED 55,000 a yearNew contract, November 2019: AED 35,000 a year

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

Studios in Executive Bay A, and where 406 sits

All 62 studios →

406 last sold in October 2021 at AED 1,188 per sqft, 30% above what studios in Executive Bay A were fetching at the time (AED 912). 406's AED 35,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jul 2025850,000
23 Jul 2025650,000
27 May 2025680,000
9 May 2025770,000
0 studio 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 4th floor

All 176 units in Executive Bay A
Value
4012-bedAED 2.64M · May 2015
4022-bedAED 1.55M · Jun 2024
4031-bedAED 1.06M · Jul 2022
404StudioAED 765K · Nov 2021
4051-bedAED 1.15M · Dec 2024

406, Executive Bay A in numbers

  • Sold 3 times: first on 18 August 2014 for AED 485,800, last on 28 October 2021 for AED 400,000 (AED 1,188 per sqft).
  • Rented since May 2015 on 3 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 4,300 a year (AED 12.83 per sqft).

Source: Dubai Land Department. Updated 28 October 2021.

Questions about 406, Executive Bay A

What did unit 406 last sell for?

AED 400,000 on 28 October 2021: AED 1,188 per sqft for 336 sqft. The unit has 3 registered sales; the first was AED 485,800 in August 2014.

What is the rent for unit 406?

AED 35,000 a year on the contract signed on 17 November 2019. The previous contract, from November 2017, was AED 55,000; the unit has been rented since May 2015.

How big is unit 406?

336 sqft (31.2 sqm): a studio on the 4th floor of a 20-storey tower completed in 2014.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 406, Executive Bay A

Starts from the last sale price (AED 400K, 28 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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