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

2303, Executive Tower E (East Heights 2)

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

Unit 2303 · DLD and Ejari recordsUpdated 29 September 2021
Last soldAED 2.51M15 June 2014
Current rentAED 75K /yr29 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2303, Executive Tower E (East Heights 2)

What is 2303 worth today?

Last sold for AED 2,510,000 in 2014

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29 Sep 2021RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
1 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 20 per sqft
18 Jul 2014RentedNew contract
AED 89,250/yr12 months · AED 59 per sqft
15 Jun 2014SoldReady
AED 2,510,000AED 1,649 per sqft
1 Jul 2010SoldReady
AED 2,437,902AED 1,601 per sqft
26 May 2010Sold by developerReady
AED 2,052,421AED 1,348 per sqft

Source: Dubai Land Department. Updated 29 September 2021.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
23rd of 28
Parking
EG - 24
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 2.51M · June 2014
Building
Executive Tower E (East Heights 2)

About 2303, Executive Tower E (East Heights 2)

2303 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 15 June 2014 for AED 2,510,000, or AED 1,649 per sqft, 17% above the AED 1,412 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 29 September 2021, is AED 75,000 a year: a gross yield of 3.0% on the 2014 price, before the service charge of about AED 35,700 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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 2,052,421 (AED 1,348 per sqft)Sold, July 2010: AED 2,437,902 (AED 1,601 per sqft)Sold, June 2014: AED 2,510,000 (AED 1,649 per sqft)

2303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2303, each contractTypical two-bed in Executive Tower E (East Heights 2)
100K2013201720212025Typical 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, July 2014: AED 89,250 a yearNew contract, April 2021: AED 30,000 a yearNew contract, September 2021: AED 75,000 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 2303 sits

All 48 2-beds →

2303 last sold in June 2014 at AED 1,649 per sqft, 17% above what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,412). 2303's AED 75,000 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
23012-bedAED 2.4M · Jun 2014
23023-bedAED 2.89M · May 2014
23043-bedAED 1.45M · Aug 2020

2303, Executive Tower E (East Heights 2) in numbers

  • Sold 3 times: first on 26 May 2010 for AED 2,052,421, last on 15 June 2014 for AED 2,510,000 (AED 1,649 per sqft).
  • Rented since July 2014 on 3 Ejari contracts. The rent fell from AED 89,250 to AED 30,000 in 2021 and recovered to AED 75,000 by September 2021.
  • At AED 75,000 a year the gross yield on the 2014 price is 3.0%, before a service charge of about AED 35,700 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 29 September 2021.

Questions about 2303, Executive Tower E (East Heights 2)

What did unit 2303 last sell for?

AED 2,510,000 on 15 June 2014: AED 1,649 per sqft for 1,522 sqft. The unit has 3 registered sales; the first was AED 2,052,421 in May 2010.

What is the rent for unit 2303?

AED 75,000 a year on the contract signed on 29 September 2021. The previous contract, from April 2021, was AED 30,000; the unit has been rented since July 2014.

How big is unit 2303?

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 2303 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 2303, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 2.51M, 15 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,510,000
Deposit, UAE resident (20%)
AED 502,000
Deposit, non-resident (40%)
AED 1,004,000
Monthly over 25 years at 3.7%
AED 10,269

Plus AED 110,430 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →