Studio · 462 sqftExecutive Bay A, Business Bay · 7th floor · completed 2014

705, Executive Bay A

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

Unit 705 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 565K7 December 2014
Current rentAED 43K /yr31 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Executive Bay A

What is 705 worth today?

Last sold for AED 565,200 in 2014

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31 Oct 2023RentedRenewal
AED 42,663/yr12 months · AED 92 per sqft
2 Nov 2022RentedRenewal
AED 39,000/yr12 months · AED 84 per sqft
2 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
2 Nov 2020RentedRenewal
AED 35,000/yr12 months · AED 76 per sqft
2 Nov 2019RentedNew contract
AED 37,000/yr12 months · AED 80 per sqft
5 Sep 2018RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft
30 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
4 Feb 2015RentedNew contract
AED 70,000/yr12 months · AED 151 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
Studio apartment
Size
462 sqft
Floor
7th of 20
Parking
B3-77
Developer
DAMAC
Completed
2014
Service charge
AED 5,900 /yr
Last sold
AED 565K · December 2014

About 705, Executive Bay A

705 is a studio of 462 sqft on the 7th floor of Executive Bay A, a 20-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 7 December 2014 for AED 565,200, or AED 1,223 per sqft, 4% below the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 31 October 2023, is AED 42,663 a year: a gross yield of 7.5% on the 2014 price, before the service charge of about AED 5,900 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, September 2013: AED 565,200 (AED 1,223 per sqft)Sold, December 2014: AED 565,200 (AED 1,223 per sqft)

705 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 705, 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, February 2015: AED 70,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, September 2018: AED 48,000 a yearNew contract, November 2019: AED 37,000 a yearRenewal, November 2020: AED 35,000 a yearNew contract, November 2021: AED 35,000 a yearRenewal, November 2022: AED 39,000 a yearRenewal, October 2023: AED 42,663 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 705 sits

All 62 studios →

705 last sold in December 2014 at AED 1,223 per sqft, 4% below what studios in Executive Bay A were fetching at the time (AED 1,277). 705's AED 42,663 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 7th floor

All 176 units in Executive Bay A
Value
7012-bedAED 1.44M · Dec 2017
7022-bedAED 1.5M · Apr 2025
7031-bedAED 800K · Dec 2024
7042-bedAED 1.37M · Oct 2014
706StudioAED 623K · Feb 2015
707StudioAED 810K · May 2025
7082-bedAED 1.46M · Oct 2014
1–7 of 10

705, Executive Bay A in numbers

  • Sold twice: first on 24 September 2013 for AED 565,200, last on 7 December 2014 for AED 565,200 (AED 1,223 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2021 and recovered to AED 42,663 by October 2023.
  • At AED 42,663 a year the gross yield on the 2014 price is 7.5%, before a service charge of about AED 5,900 a year (AED 12.83 per sqft).

Source: Dubai Land Department. Updated 31 October 2023.

Questions about 705, Executive Bay A

What did unit 705 last sell for?

AED 565,200 on 7 December 2014: AED 1,223 per sqft for 462 sqft. The unit has 2 registered sales; the first was AED 565,200 in September 2013.

What is the rent for unit 705?

AED 42,663 a year on the contract renewed on 31 October 2023. The previous contract, from November 2022, was AED 39,000; the unit has been rented since February 2015.

How big is unit 705?

462 sqft (42.9 sqm): a studio on the 7th floor of a 20-storey tower completed in 2014.

What is unit 705 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 705, Executive Bay A

Starts from the last sale price (AED 565K, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 565,200
Deposit, UAE resident (20%)
AED 113,040
Deposit, non-resident (40%)
AED 226,080
Monthly over 25 years at 3.7%
AED 2,312

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