2-bed · 1,047 sqftExecutive Bay A, Business Bay · 5th floor · completed 2014

502, Executive Bay A

Sold prices and rental history: sold 3 times, last in May 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 14 April 2025
Last soldAED 1.2M8 May 2018
Current rentAED 110K /yr14 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Executive Bay A

What is 502 worth today?

Last sold for AED 1,200,000 in 2018

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14 Apr 2025RentedNew contract
AED 110,000/yr12 months · AED 105 per sqft
30 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft
30 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft
20 Jan 2024RentedNew contract
AED 110,000/yr12 months · AED 105 per sqft
1 Nov 2019RentedRenewal
AED 80,000/yr12 months · AED 77 per sqft
1 Nov 2018RentedNew contract
AED 80,000/yr12 months · AED 77 per sqft
8 May 2018SoldReady
AED 1,200,000AED 1,146 per sqft
15 Feb 2018SoldReady
AED 1,300,000AED 1,241 per sqft

Source: Dubai Land Department. Updated 14 April 2025.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
5th of 20
Parking
B3-8
Developer
DAMAC
Completed
2014
Service charge
AED 13,400 /yr
Last sold
AED 1.2M · May 2018

About 502, Executive Bay A

502 is a two-bedroom apartment of 1,047 sqft on the 5th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 8 May 2018 for AED 1,200,000, or AED 1,146 per sqft, 8% below the AED 1,245 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 14 April 2025, is AED 110,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 13,400 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, September 2014: AED 1,582,265 (AED 1,511 per sqft)Sold, February 2018: AED 1,300,000 (AED 1,241 per sqft)Sold, May 2018: AED 1,200,000 (AED 1,146 per sqft)

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

Rents
Unit 502, each contractTypical two-bed in Executive Bay A
75K100K125K20142017202020232026Typical 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, July 2015: AED 112,000 a yearNew contract, September 2016: AED 105,000 a yearRenewal, September 2017: AED 92,308 a yearNew contract, November 2018: AED 80,000 a yearRenewal, November 2019: AED 80,000 a yearNew contract, January 2024: AED 110,000 a yearNew contract, November 2024: AED 100,000 a yearNew contract, November 2024: AED 100,000 a yearNew contract, April 2025: AED 110,000 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 502 sits

All 57 2-beds →

502 last sold in May 2018 at AED 1,146 per sqft, 8% below what two-beds in Executive Bay A were fetching at the time (AED 1,245). 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. 502's AED 110,000 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 5th floor

All 176 units in Executive Bay A
Value
5012-bedAED 1.19M · Dec 2023
5031-bedAED 800K · Aug 2024
5042-bedAED 1.34M · Mar 2024
505StudioAED 670K · Aug 2017
506StudioAED 645K · Oct 2017
507StudioAED 660K · Oct 2018
5082-bedAED 1.38M · Jan 2026
1–7 of 10

502, Executive Bay A in numbers

  • Sold 3 times: first on 17 September 2014 for AED 1,582,265, last on 8 May 2018 for AED 1,200,000 (AED 1,146 per sqft).
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 112,000 to AED 80,000 in 2019 and recovered to AED 110,000 by April 2025.
  • At AED 110,000 a year the gross yield on the 2018 price is 9.2%, 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 14 April 2025.

Questions about 502, Executive Bay A

What did unit 502 last sell for?

AED 1,200,000 on 8 May 2018: AED 1,146 per sqft for 1,047 sqft. The unit has 3 registered sales; the first was AED 1,582,265 in September 2014.

What is the rent for unit 502?

AED 110,000 a year on the contract signed on 14 April 2025. The previous contract, from November 2024, was AED 100,000; the unit has been rented since July 2015.

How big is unit 502?

1,047 sqft (97.3 sqm): a two-bedroom apartment on the 5th floor of a 20-storey tower completed in 2014.

What is unit 502 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 502, Executive Bay A

Starts from the last sale price (AED 1.2M, 8 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →