3-bed · 2,048 sqftExecutive Tower C (East Heights 3), Business Bay · 5th floor · completed 2009

502, Executive Tower C (East Heights 3)

Sold prices and rental history: sold twice, last in September 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 9 October 2019
Last soldAED 2.78M7 September 2016
Current rentAED 50K /yr9 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Executive Tower C (East Heights 3)

What is 502 worth today?

Last sold for AED 2,780,000 in 2016

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9 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 24 per sqft
7 Sep 2016SoldReady
AED 2,780,000AED 1,357 per sqft
16 Dec 2014Sold by developerReady
AED 2,857,505AED 1,395 per sqft
20 Nov 2014RentedRenewal
AED 120,000/yr12 months · AED 59 per sqft
20 Nov 2013RentedRenewal
AED 105,000/yr12 months · AED 51 per sqft
20 Nov 2012RentedNew contract
AED 100,000/yr12 months · AED 49 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2019.

Key facts

Type
3-bed apartment
Size
2,048 sqft
Floor
5th of 27
Parking
CB-19,CB-20
Developer
Dubai Properties
Completed
2009
Service charge
AED 31,300 /yr
Last sold
AED 2.78M · September 2016

About 502, Executive Tower C (East Heights 3)

502 is a three-bedroom apartment of 2,048 sqft on the 5th floor of Executive Tower C (East Heights 3), a 27-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 7 September 2016 for AED 2,780,000, or AED 1,357 per sqft, in line with the AED 1,366 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 9 October 2019, is AED 50,000 a year: a gross yield of 1.8% on the 2016 price, before the service charge of about AED 31,300 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Executive Tower C (East Heights 3)
2M3M20142017202020232026Typical sale price by year: 2014 AED 3,058,147; 2015 AED 3,005,148; 2016 AED 2,780,000; 2020 AED 2,073,000; 2021 AED 1,677,500; 2022 AED 1,530,641; 2023 AED 2,150,000; 2025 AED 2,975,000Sold by developer, December 2014: AED 2,857,505 (AED 1,395 per sqft)Sold, September 2016: AED 2,780,000 (AED 1,357 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in Executive Tower C (East Heights 3)
100K200K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 105,000; 2014 AED 120,000; 2015 AED 173,567; 2016 AED 180,000; 2017 AED 140,000; 2018 AED 135,000; 2019 AED 127,326; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 131,250; 2023 AED 150,000; 2024 AED 172,500; 2025 AED 200,000; 2026 AED 210,000New contract, November 2012: AED 100,000 a yearRenewal, November 2013: AED 105,000 a yearRenewal, November 2014: AED 120,000 a yearNew contract, October 2019: AED 50,000 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 C (East Heights 3), and where 502 sits

All 49 3-beds →

502 last sold in September 2016 at AED 1,357 per sqft, in line with what three-beds in Executive Tower C (East Heights 3) were fetching at the time (AED 1,366). Over the last 12 months three-beds sold for AED 3,000,000 to 3,500,000, around AED 1,684 per sqft, and rent for AED 142,619 to 225,600 a year. 502's AED 50,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Feb 20263,450,000
28 Jan 20263,500,000
24 Apr 20253,500,000
17 Apr 20252,830,000
3 3-bed sales in the last 12 months

Executive Tower C (East Heights 3)

Building

128 apartments, 1-bed to 4-bed over 27 floors in Business Bay, completed in 2009 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,405
Typical sale
AED 2.45M
Typical rent
AED 181K /yr
Typical yield
7.2%
Executive Tower C (East Heights 3), Business Bay: prices, sales and rents →
Value
5013-bedAED 1.84M · Mar 2022
5031-bedAED 1.73M · Dec 2014
5041-bedAED 1.21M · Jul 2024
5052-bedAED 2.17M · May 2015
5062-bedAED 2.4M · Jan 2026

502, Executive Tower C (East Heights 3) in numbers

  • Sold twice: first on 16 December 2014 for AED 2,857,505, last on 7 September 2016 for AED 2,780,000 (AED 1,357 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 100,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2016 price is 1.8%, before a service charge of about AED 31,300 a year (AED 15.30 per sqft).
  • Three-beds in Executive Tower C (East Heights 3) sold for AED 3,000,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,405 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 9 October 2019.

Questions about 502, Executive Tower C (East Heights 3)

What did unit 502 last sell for?

AED 2,780,000 on 7 September 2016: AED 1,357 per sqft for 2,048 sqft. The unit has 2 registered sales; the first was AED 2,857,505 in December 2014.

What is the rent for unit 502?

AED 50,000 a year on the contract signed on 9 October 2019. The previous contract, from November 2014, was AED 120,000; the unit has been rented since November 2012.

How big is unit 502?

2,048 sqft (190.3 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2009.

What is unit 502 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 C (East Heights 3) sold for AED 3,000,000 to 3,500,000 in the last 12 months, around AED 1,684 per sqft.

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Mortgage on 502, Executive Tower C (East Heights 3)

Starts from the last sale price (AED 2.78M, 7 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,780,000
Deposit, UAE resident (20%)
AED 556,000
Deposit, non-resident (40%)
AED 1,112,000
Monthly over 25 years at 3.7%
AED 11,374

Plus AED 121,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →