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2-bed · 1,524 sqftExecutive Tower E (East Heights 2), Business Bay · 15th floor · completed 2009

1501, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 11 April 2025
Last soldAED 2.2M24 June 2015
Current rentAED 145K /yr11 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Executive Tower E (East Heights 2)

What is 1501 worth today?

Last sold for AED 2,200,000 in 2015

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11 Apr 2025RentedRenewal
AED 145,000/yr12 months · AED 95 per sqft
11 Apr 2024RentedNew contract
AED 145,000/yr12 months · AED 95 per sqft
15 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
15 Mar 2021RentedRenewal
AED 85,000/yr12 months · AED 56 per sqft
15 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
5 Jan 2019RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
2 Oct 2018RentedRenewal
AED 125,000/yr3 months · AED 82 per sqft
2 Oct 2017RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 11 April 2025.

Key facts

Type
2-bed apartment
Size
1,524 sqft
Floor
15th of 28
Parking
EM - 12
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 2.2M · June 2015
Building
Executive Tower E (East Heights 2)

About 1501, Executive Tower E (East Heights 2)

1501 is a two-bedroom apartment of 1,524 sqft on the 15th 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 24 June 2015 for AED 2,200,000, or AED 1,443 per sqft, in line with the AED 1,443 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 11 April 2025, is AED 145,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 35,700 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 1,324 per sqft)Sold, August 2010: AED 1,181,100 (AED 775 per sqft)Sold, June 2015: AED 2,200,000 (AED 1,443 per sqft)

1501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501, 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 2014: AED 140,000 a yearNew contract, October 2016: AED 130,000 a yearRenewal, October 2017: AED 125,000 a yearRenewal, October 2018: AED 125,000 a yearNew contract, January 2019: AED 110,000 a yearNew contract, March 2020: AED 90,000 a yearRenewal, March 2021: AED 85,000 a yearRenewal, March 2022: AED 90,000 a yearNew contract, April 2024: AED 145,000 a yearRenewal, April 2025: AED 145,000 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 1501 sits

All 48 2-beds →

1501 last sold in June 2015 at AED 1,443 per sqft, in line with what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,443). 1501's AED 145,000 is in the lower half 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 15th floor

All 104 units in Executive Tower E (East Heights 2)
Value
15023-bedAED 2.53M · Sep 2024
15032-bedAED 2.76M · Jun 2010
15043-bedAED 1.52M · Apr 2012

1501, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 10 December 2009 for AED 2,018,794, last on 24 June 2015 for AED 2,200,000 (AED 1,443 per sqft).
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2021 and recovered to AED 145,000 by April 2025.
  • At AED 145,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 35,700 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 11 April 2025.

Questions about 1501, Executive Tower E (East Heights 2)

What did unit 1501 last sell for?

AED 2,200,000 on 24 June 2015: AED 1,443 per sqft for 1,524 sqft. The unit has 3 registered sales; the first was AED 2,018,794 in December 2009.

What is the rent for unit 1501?

AED 145,000 a year on the contract renewed on 11 April 2025. The previous contract, from April 2024, was AED 145,000; the unit has been rented since March 2014.

How big is unit 1501?

1,524 sqft (141.6 sqm): a two-bedroom apartment on the 15th floor of a 28-storey tower completed in 2009.

What is unit 1501 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 1501, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.2M, 24 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →