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2-bed · 1,521 sqftExecutive Tower E (East Heights 2), Business Bay · 13th floor · completed 2009

1303, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 6 times, last in April 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 26 April 2020
Last soldAED 1.17M26 April 2020
Current rentAED 90K /yr11 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1303, Executive Tower E (East Heights 2)

What is 1303 worth today?

Last sold for AED 1,170,000 in 2020

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26 Apr 2020SoldReady
AED 1,170,000AED 769 per sqft
11 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
15 Mar 2018RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
15 Mar 2017RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
15 Mar 2015RentedNew contract
AED 130,000/yr12 months · AED 86 per sqft
24 Jan 2015SoldReady
AED 1,980,000AED 1,301 per sqft
26 May 2013SoldReady
AED 1,900,000AED 1,249 per sqft
12 Mar 2013SoldReady
AED 1,711,125AED 1,124 per sqft

Source: Dubai Land Department. Updated 26 April 2020.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
13th of 28
Parking
EM - 3
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.17M · April 2020
Building
Executive Tower E (East Heights 2)

About 1303, Executive Tower E (East Heights 2)

1303 is a two-bedroom apartment of 1,521 sqft on the 13th floor of Executive Tower E (East Heights 2), a 28-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 26 April 2020 for AED 1,170,000, or AED 769 per sqft.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 11 April 2019, is AED 90,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 35,600 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Executive Tower E (East Heights 2)
1M2M2009201420192024Typical sale price by year: 2009 AED 2,018,794; 2010 AED 2,018,794; 2011 AED 1,064,700; 2012 AED 1,764,360; 2013 AED 1,733,940; 2014 AED 2,517,500; 2015 AED 2,090,000; 2017 AED 1,925,000; 2021 AED 1,420,000; 2022 AED 1,510,000; 2023 AED 1,600,000; 2024 AED 1,737,500; 2025 AED 2,095,000Sold by developer, December 2009: AED 2,018,794 (AED 1,327 per sqft)Sold, July 2010: AED 1,902,573 (AED 1,250 per sqft)Sold, March 2013: AED 1,711,125 (AED 1,124 per sqft)Sold, May 2013: AED 1,900,000 (AED 1,249 per sqft)Sold, January 2015: AED 1,980,000 (AED 1,301 per sqft)Sold, April 2020: AED 1,170,000 (AED 769 per sqft)

1303 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Executive Tower E (East Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 84,000; 2014 AED 117,750; 2015 AED 131,000; 2016 AED 130,000; 2017 AED 126,732; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 86,500; 2021 AED 80,850; 2022 AED 90,000; 2023 AED 96,000; 2024 AED 125,775; 2025 AED 145,000; 2026 AED 145,000New contract, March 2015: AED 130,000 a yearRenewal, March 2017: AED 130,000 a yearRenewal, March 2018: AED 115,000 a yearNew contract, April 2019: AED 90,000 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 Tower E (East Heights 2), and where 1303 sits

All 48 2-beds →

1303's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20252,130,000
12 Jun 20252,600,000
25 Apr 20252,025,000
23 Apr 20252,060,000
0 2-bed sales in the last 12 months

Executive Tower E (East Heights 2)

Building

104 apartments, 2-bed to 4-bed over 28 floors in Business Bay, completed in 2009 by Dubai Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 145K /yr
Typical yield
Executive Tower E (East Heights 2), Business Bay: prices, sales and rents →

Other units on the 13th floor

All 104 units in Executive Tower E (East Heights 2)
Value
13012-bedAED 2.14M · Oct 2013
13023-bedAED 2M · May 2023
13043-bedAED 2.25M · Apr 2013

1303, Executive Tower E (East Heights 2) in numbers

  • Sold 6 times: first on 10 December 2009 for AED 2,018,794, last on 26 April 2020 for AED 1,170,000 (AED 769 per sqft).
  • Rented since March 2015 on 4 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 35,600 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 26 April 2020.

Questions about 1303, Executive Tower E (East Heights 2)

What did unit 1303 last sell for?

AED 1,170,000 on 26 April 2020: AED 769 per sqft for 1,521 sqft. The unit has 6 registered sales; the first was AED 2,018,794 in December 2009.

What is the rent for unit 1303?

AED 90,000 a year on the contract signed on 11 April 2019. The previous contract, from March 2018, was AED 115,000; the unit has been rented since March 2015.

How big is unit 1303?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 13th floor of a 28-storey tower completed in 2009.

What is unit 1303 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 1303, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.17M, 26 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

Plus AED 54,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →