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

1603, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 24 October 2025
Last soldAED 1.45M25 February 2022
Current rentAED 160K /yr24 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Executive Tower E (East Heights 2)

What is 1603 worth today?

Last sold for AED 1,450,000 in 2022

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24 Oct 2025RentedNew contract
AED 160,000/yr12 months · AED 105 per sqft
22 Oct 2024RentedNew contract
AED 155,000/yr12 months · AED 102 per sqft
25 Feb 2022SoldReady
AED 1,450,000AED 951 per sqft
15 Jan 2022RentedRenewal
AED 76,901/yr10 months · AED 50 per sqft
15 Jan 2021RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
10 Jun 2012SoldReady
AED 1,540,561AED 1,010 per sqft
13 Dec 2009Sold by developerReady
AED 2,018,794AED 1,324 per sqft

Source: Dubai Land Department. Updated 24 October 2025.

Key facts

Type
2-bed apartment
Size
1,524 sqft
Floor
16th of 28
Parking
EM - 21
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 1.45M · February 2022
Building
Executive Tower E (East Heights 2)

About 1603, Executive Tower E (East Heights 2)

1603 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 25 February 2022 for AED 1,450,000, or AED 951 per sqft, in line with the AED 951 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 24 October 2025, is AED 160,000 a year: a gross yield of 11.0% on the 2022 price, before the service charge of about AED 35,700 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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, June 2012: AED 1,540,561 (AED 1,010 per sqft)Sold, February 2022: AED 1,450,000 (AED 951 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, January 2021: AED 75,000 a yearRenewal, January 2022: AED 76,901 a yearNew contract, October 2024: AED 155,000 a yearNew contract, October 2025: AED 160,000 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 1603 sits

All 48 2-beds →

1603 last sold in February 2022 at AED 951 per sqft, in line with what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 951). 1603's AED 160,000 is at the top 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
16012-bedAED 1.7M · Jul 2023
16023-bedAED 1.93M · Oct 2018
16043-bedAED 2.04M · Mar 2018

1603, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 13 December 2009 for AED 2,018,794, last on 25 February 2022 for AED 1,450,000 (AED 951 per sqft).
  • Rented since January 2021 on 4 Ejari contracts, from AED 75,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 11.0%, before a service charge of about AED 35,700 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 24 October 2025.

Questions about 1603, Executive Tower E (East Heights 2)

What did unit 1603 last sell for?

AED 1,450,000 on 25 February 2022: AED 951 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 1603?

AED 160,000 a year on the contract signed on 24 October 2025. The previous contract, from October 2024, was AED 155,000; the unit has been rented since January 2021.

How big is unit 1603?

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 1603 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 1603, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.45M, 25 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →