3-bed · 1,850 sqftExecutive Tower E (East Heights 2), Business Bay · 22nd floor · completed 2009

2204, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2204 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 2.2M9 May 2024
Current rentAED 116K /yr10 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2204, Executive Tower E (East Heights 2)

What is 2204 worth today?

Last sold for AED 2,200,000 in 2024

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9 May 2024SoldReady
AED 2,200,000AED 1,189 per sqft
10 Dec 2023RentedRenewal
AED 116,000/yr12 months · AED 63 per sqft
10 Dec 2022RentedRenewal
AED 105,000/yr12 months · AED 57 per sqft
10 Dec 2021RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
10 Dec 2020RentedRenewal
AED 100,000/yr12 months · AED 54 per sqft
4 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 70 per sqft
25 Jan 2018RentedNew contract
AED 145,000/yr12 months · AED 78 per sqft
19 Jan 2017RentedNew contract
AED 170,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
3-bed apartment
Size
1,850 sqft
Floor
22nd of 28
Parking
EM - 54 & 55
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,300 /yr
Last sold
AED 2.2M · May 2024

About 2204, Executive Tower E (East Heights 2)

2204 is a three-bedroom apartment of 1,850 sqft on the 22nd 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 9 May 2024 for AED 2,200,000, or AED 1,189 per sqft, 5% below the AED 1,255 three-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 10 December 2023, is AED 116,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 43,300 a year.

Sales and rents for 2204 over time

Sales
Unit 2204, each saleTypical three-bed in Executive Tower E (East Heights 2)
2M3M20092013201720212025Typical sale price by year: 2009 AED 2,483,389; 2010 AED 2,483,389; 2011 AED 1,378,250; 2012 AED 1,800,000; 2013 AED 2,400,000; 2014 AED 2,975,000; 2018 AED 1,925,000; 2023 AED 2,100,000; 2024 AED 2,335,891Sold by developer, December 2009: AED 2,512,143 (AED 1,357 per sqft)Sold, February 2011: AED 2,769,555 (AED 1,497 per sqft)Sold, May 2024: AED 2,200,000 (AED 1,189 per sqft)

2204 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2204, each contractTypical three-bed in Executive Tower E (East Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 110,098; 2014 AED 150,000; 2015 AED 165,000; 2016 AED 170,000; 2017 AED 162,500; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 108,250; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 160,000; 2025 AED 177,000New contract, April 2014: AED 175,000 a yearNew contract, April 2015: AED 170,000 a yearRenewal, April 2016: AED 170,000 a yearNew contract, January 2017: AED 170,000 a yearNew contract, January 2018: AED 145,000 a yearNew contract, February 2019: AED 130,000 a yearRenewal, December 2020: AED 100,000 a yearRenewal, December 2021: AED 100,000 a yearRenewal, December 2022: AED 105,000 a yearRenewal, December 2023: AED 116,000 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 E (East Heights 2), and where 2204 sits

All 48 3-beds →

2204 last sold in May 2024 at AED 1,189 per sqft, 5% below what three-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,255). 2204's AED 116,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 May 20253,100,000
21 Nov 20242,350,000
4 Oct 20242,400,000
18 Sep 20242,525,000
0 3-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 →
Value
22012-bedAED 1.85M · Jun 2024
22023-bedAED 2.2M · Jun 2024
22032-bedAED 1.74M · May 2024

2204, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 13 December 2009 for AED 2,512,143, last on 9 May 2024 for AED 2,200,000 (AED 1,189 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 100,000 in 2021 and recovered to AED 116,000 by December 2023.
  • At AED 116,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 43,300 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 9 May 2024.

Questions about 2204, Executive Tower E (East Heights 2)

What did unit 2204 last sell for?

AED 2,200,000 on 9 May 2024: AED 1,189 per sqft for 1,850 sqft. The unit has 3 registered sales; the first was AED 2,512,143 in December 2009.

What is the rent for unit 2204?

AED 116,000 a year on the contract renewed on 10 December 2023. The previous contract, from December 2022, was AED 105,000; the unit has been rented since April 2014.

How big is unit 2204?

1,850 sqft (171.9 sqm): a three-bedroom apartment on the 22nd floor of a 28-storey tower completed in 2009.

What is unit 2204 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 2204, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.2M, 9 May 2024). 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 →