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2-bed · 1,524 sqftExecutive Tower E (East Heights 2), Business Bay · 16th floor · completed 2009

1601, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 6 times, last in July 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 1.7M27 July 2023
Current rentAED 135K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Executive Tower E (East Heights 2)

What is 1601 worth today?

Last sold for AED 1,700,000 in 2023

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10 Mar 2025RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
10 Mar 2024RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
27 Jul 2023SoldReady
AED 1,700,000AED 1,115 per sqft
1 Oct 2022RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Oct 2021RentedNew contract
AED 82,000/yr12 months · AED 54 per sqft
13 Sep 2021SoldReady
AED 1,460,000AED 958 per sqft
6 Oct 2020SoldReady
AED 1,250,000AED 820 per sqft
17 Mar 2016SoldReady
AED 900,000AED 1,181 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
2-bed apartment
Size
1,524 sqft
Floor
16th of 28
Parking
EM - 18
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 1.7M · July 2023
Building
Executive Tower E (East Heights 2)

About 1601, Executive Tower E (East Heights 2)

1601 is a two-bedroom apartment of 1,524 sqft on the 16th 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 27 July 2023 for AED 1,700,000, or AED 1,115 per sqft, 6% above the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 135,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 35,700 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, May 2010: AED 2,018,794 (AED 1,324 per sqft)Sold, March 2016: AED 900,000 (AED 1,181 per sqft)Sold, October 2020: AED 1,250,000 (AED 820 per sqft)Sold, September 2021: AED 1,460,000 (AED 958 per sqft)Sold, July 2023: AED 1,700,000 (AED 1,115 per sqft)

1601 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, 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, October 2021: AED 82,000 a yearRenewal, October 2022: AED 90,000 a yearNew contract, March 2024: AED 135,000 a yearRenewal, March 2025: AED 135,000 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 1601 sits

All 48 2-beds →

1601 last sold in July 2023 at AED 1,115 per sqft, 6% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,051). 1601's AED 135,000 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 16th floor

All 104 units in Executive Tower E (East Heights 2)
Value
16023-bedAED 1.93M · Oct 2018
16032-bedAED 1.45M · Feb 2022
16043-bedAED 2.04M · Mar 2018

1601, Executive Tower E (East Heights 2) in numbers

  • Sold 6 times: first on 20 May 2010 for AED 2,018,794, last on 27 July 2023 for AED 1,700,000 (AED 1,115 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 82,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 35,700 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 1601, Executive Tower E (East Heights 2)

What did unit 1601 last sell for?

AED 1,700,000 on 27 July 2023: AED 1,115 per sqft for 1,524 sqft. The unit has 6 registered sales; the first was AED 2,018,794 in May 2010.

What is the rent for unit 1601?

AED 135,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 135,000; the unit has been rented since October 2021.

How big is unit 1601?

1,524 sqft (141.6 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2009.

What is unit 1601 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 1601, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.7M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →