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2-bed · 1,522 sqftExecutive Tower E (East Heights 2), Business Bay · 24th floor · completed 2009

2403, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in June 2018, and rented once, from March 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 28 June 2018
Last soldAED 1.5M28 June 2018
Current rentAED 135K /yr26 March 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Executive Tower E (East Heights 2)

What is 2403 worth today?

Last sold for AED 1,500,000 in 2018

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28 Jun 2018SoldReady
AED 1,500,000AED 985 per sqft
26 Mar 2017RentedNew contract
AED 135,000/yr12 months · AED 89 per sqft
13 Oct 2011SoldReady
AED 1,255,650AED 824 per sqft
17 Jun 2010SoldReady
AED 1,255,650AED 824 per sqft
27 May 2010Sold by developerReady
AED 2,052,421AED 1,348 per sqft

Source: Dubai Land Department. Updated 28 June 2018.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
24th of 28
Parking
EG - 30
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,700 /yr
Last sold
AED 1.5M · June 2018
Building
Executive Tower E (East Heights 2)

About 2403, Executive Tower E (East Heights 2)

2403 is a two-bedroom apartment of 1,522 sqft on the 24th 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 28 June 2018 for AED 1,500,000, or AED 985 per sqft, 21% below the AED 1,248 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 March 2017. The current contract, signed on 26 March 2017, is AED 135,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 35,700 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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, June 2010: AED 1,255,650 (AED 824 per sqft)Sold, October 2011: AED 1,255,650 (AED 824 per sqft)Sold, June 2018: AED 1,500,000 (AED 985 per sqft)

2403 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, 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, March 2017: 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 2403 sits

All 48 2-beds →

2403 last sold in June 2018 at AED 985 per sqft, 21% below what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,248). 2403'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 24th floor

All 104 units in Executive Tower E (East Heights 2)
Value
24012-bedAED 2.53M · Nov 2014
24023-bedAED 2.4M · Mar 2013
24043-bedAED 2.2M · Jul 2023

2403, Executive Tower E (East Heights 2) in numbers

  • Sold 4 times: first on 27 May 2010 for AED 2,052,421, last on 28 June 2018 for AED 1,500,000 (AED 985 per sqft).
  • Rented since March 2017 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 35,700 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 28 June 2018.

Questions about 2403, Executive Tower E (East Heights 2)

What did unit 2403 last sell for?

AED 1,500,000 on 28 June 2018: AED 985 per sqft for 1,522 sqft. The unit has 4 registered sales; the first was AED 2,052,421 in May 2010.

What is the rent for unit 2403?

AED 135,000 a year on the contract signed on 26 March 2017.

How big is unit 2403?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2009.

What is unit 2403 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 2403, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.5M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →