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3-bed · 1,847 sqftExecutive Tower E (East Heights 2), Business Bay · 7th floor · completed 2009

702, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 2 March 2022
Last soldAED 1.8M2 March 2022
Current rentAED 89K /yr5 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Executive Tower E (East Heights 2)

What is 702 worth today?

Last sold for AED 1,800,000 in 2022

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2 Mar 2022SoldReady
AED 1,800,000AED 974 per sqft
5 Oct 2020RentedRenewal
AED 88,500/yr12 months · AED 48 per sqft
10 Oct 2017RentedRenewal
AED 160,000/yr12 months · AED 86 per sqft
10 Oct 2016RentedRenewal
AED 172,000/yr12 months · AED 93 per sqft
10 Oct 2015RentedNew contract
AED 180,000/yr12 months · AED 97 per sqft
1 Sep 2013RentedNew contract
AED 145,000/yr12 months · AED 78 per sqft
9 Jan 2013SoldReady
AED 1,745,415AED 945 per sqft
6 Jul 2010SoldReady
AED 2,163,786AED 1,171 per sqft

Source: Dubai Land Department. Updated 2 March 2022.

Key facts

Type
3-bed apartment
Size
1,847 sqft
Floor
7th of 28
Parking
EB - 26 & 27
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,300 /yr
Last sold
AED 1.8M · March 2022
Building
Executive Tower E (East Heights 2)

About 702, Executive Tower E (East Heights 2)

702 is a three-bedroom apartment of 1,847 sqft on the 7th 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 March 2022 for AED 1,800,000, or AED 974 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 5 October 2020, is AED 88,500 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 43,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, July 2010: AED 2,163,786 (AED 1,171 per sqft)Sold by developer, July 2010: AED 2,483,389 (AED 1,344 per sqft)Sold, January 2013: AED 1,745,415 (AED 945 per sqft)Sold, March 2022: AED 1,800,000 (AED 974 per sqft)

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

Rents
Unit 702, 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, September 2013: AED 145,000 a yearNew contract, October 2015: AED 180,000 a yearRenewal, October 2016: AED 172,000 a yearRenewal, October 2017: AED 160,000 a yearRenewal, October 2020: AED 88,500 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 702 sits

All 48 3-beds →

702's AED 88,500 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 →

Other units on the 7th floor

All 104 units in Executive Tower E (East Heights 2)
Value
7012-bedAED 1.58M · Jan 2013
7032-bedAED 1.83M · May 2015
7043-bedAED 3.1M · May 2025

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

  • Sold 4 times: first on 5 July 2010 for AED 2,483,389, last on 2 March 2022 for AED 1,800,000 (AED 974 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 145,000 to AED 88,500 a year.
  • At AED 88,500 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 43,300 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 2 March 2022.

Questions about 702, Executive Tower E (East Heights 2)

What did unit 702 last sell for?

AED 1,800,000 on 2 March 2022: AED 974 per sqft for 1,847 sqft. The unit has 4 registered sales; the first was AED 2,483,389 in July 2010.

What is the rent for unit 702?

AED 88,500 a year on the contract renewed on 5 October 2020. The previous contract, from October 2017, was AED 160,000; the unit has been rented since September 2013.

How big is unit 702?

1,847 sqft (171.6 sqm): a three-bedroom apartment on the 7th floor of a 28-storey tower completed in 2009.

What is unit 702 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 702, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.8M, 2 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →