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2-bed · 1,522 sqftExecutive Tower E (East Heights 2), Business Bay · 23rd floor · completed 2009

2301, Executive Tower E (East Heights 2)

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

Unit 2301 · DLD and Ejari recordsUpdated 13 May 2020
Last soldAED 2.4M2 June 2014
Current rentAED 90K /yr13 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2301, Executive Tower E (East Heights 2)

What is 2301 worth today?

Last sold for AED 2,400,000 in 2014

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13 May 2020RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
13 May 2019RentedNew contract
AED 100,000/yr12 months · AED 66 per sqft
10 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
7 Dec 2015RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
7 Dec 2014RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
2 Jun 2014SoldReady
AED 2,400,000AED 1,576 per sqft
1 Jul 2010SoldReady
AED 2,437,902AED 1,601 per sqft
25 May 2010Sold by developerReady
AED 2,052,420AED 1,348 per sqft

Source: Dubai Land Department. Updated 13 May 2020.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
23rd of 28
Parking
EM - 56
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 2.4M · June 2014
Building
Executive Tower E (East Heights 2)

About 2301, Executive Tower E (East Heights 2)

2301 is a two-bedroom apartment of 1,522 sqft on the 23rd 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 2 June 2014 for AED 2,400,000, or AED 1,576 per sqft, 12% above the AED 1,409 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 13 May 2020, is AED 90,000 a year: a gross yield of 3.8% on the 2014 price, before the service charge of about AED 35,700 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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 2,052,420 (AED 1,348 per sqft)Sold, July 2010: AED 2,437,902 (AED 1,601 per sqft)Sold, June 2014: AED 2,400,000 (AED 1,576 per sqft)

2301 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2301, 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, December 2014: AED 125,000 a yearRenewal, December 2015: AED 135,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, May 2019: AED 100,000 a yearNew contract, May 2020: 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 2301 sits

All 48 2-beds →

2301 last sold in June 2014 at AED 1,576 per sqft, 12% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,409). 2301'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 23rd floor

All 104 units in Executive Tower E (East Heights 2)
Value
23023-bedAED 2.89M · May 2014
23032-bedAED 2.51M · Jun 2014
23043-bedAED 1.45M · Aug 2020

2301, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 25 May 2010 for AED 2,052,420, last on 2 June 2014 for AED 2,400,000 (AED 1,576 per sqft).
  • Rented since December 2014 on 5 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2014 price is 3.8%, before a service charge of about AED 35,700 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 13 May 2020.

Questions about 2301, Executive Tower E (East Heights 2)

What did unit 2301 last sell for?

AED 2,400,000 on 2 June 2014: AED 1,576 per sqft for 1,522 sqft. The unit has 3 registered sales; the first was AED 2,052,420 in May 2010.

What is the rent for unit 2301?

AED 90,000 a year on the contract signed on 13 May 2020. The previous contract, from May 2019, was AED 100,000; the unit has been rented since December 2014.

How big is unit 2301?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 23rd floor of a 28-storey tower completed in 2009.

What is unit 2301 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 2301, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.4M, 2 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →