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2-bed · 1,521 sqftExecutive Tower E (East Heights 2), Business Bay · 7th floor · completed 2009

703, Executive Tower E (East Heights 2)

Sold prices and rental history: sold 4 times, last in May 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 7 August 2022
Last soldAED 1.83M11 May 2015
Current rentAED 95K /yr7 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Executive Tower E (East Heights 2)

What is 703 worth today?

Last sold for AED 1,830,000 in 2015

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7 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
7 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
30 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
22 Jun 2018RentedRenewal
AED 111,815/yr12 months · AED 74 per sqft
22 Jun 2017RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
15 Jun 2016RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
15 Jun 2015RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
11 May 2015SoldReady
AED 1,830,000AED 1,203 per sqft

Source: Dubai Land Department. Updated 7 August 2022.

Key facts

Type
2-bed apartment
Size
1,521 sqft
Floor
7th of 28
Parking
EB - 28
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,600 /yr
Last sold
AED 1.83M · May 2015
Building
Executive Tower E (East Heights 2)

About 703, Executive Tower E (East Heights 2)

703 is a two-bedroom apartment of 1,521 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 11 May 2015 for AED 1,830,000, or AED 1,203 per sqft, 22% below the AED 1,544 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 7 August 2022, is AED 95,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 35,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, July 2010: AED 1,902,573 (AED 1,250 per sqft)Sold by developer, July 2010: AED 2,018,794 (AED 1,327 per sqft)Sold, December 2012: AED 1,764,360 (AED 1,159 per sqft)Sold, May 2015: AED 1,830,000 (AED 1,203 per sqft)

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

Rents
Unit 703, 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, June 2014: AED 140,000 a yearNew contract, June 2015: AED 140,000 a yearRenewal, June 2016: AED 135,000 a yearNew contract, June 2017: AED 115,000 a yearRenewal, June 2018: AED 111,815 a yearRenewal, June 2019: AED 90,000 a yearNew contract, August 2021: AED 85,000 a yearNew contract, August 2022: AED 95,000 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 703 sits

All 48 2-beds →

703 last sold in May 2015 at AED 1,203 per sqft, 22% below what two-beds in Executive Tower E (East Heights 2) were fetching at the time (AED 1,544). 703's AED 95,000 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 7th floor

All 104 units in Executive Tower E (East Heights 2)
Value
7012-bedAED 1.58M · Jan 2013
7023-bedAED 1.8M · Mar 2022
7043-bedAED 3.1M · May 2025

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

  • Sold 4 times: first on 4 July 2010 for AED 2,018,794, last on 11 May 2015 for AED 1,830,000 (AED 1,203 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2021 and recovered to AED 95,000 by August 2022.
  • At AED 95,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 35,600 a year (AED 23.43 per sqft).

Source: Dubai Land Department. Updated 7 August 2022.

Questions about 703, Executive Tower E (East Heights 2)

What did unit 703 last sell for?

AED 1,830,000 on 11 May 2015: AED 1,203 per sqft for 1,521 sqft. The unit has 4 registered sales; the first was AED 2,018,794 in July 2010.

What is the rent for unit 703?

AED 95,000 a year on the contract signed on 7 August 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since June 2014.

How big is unit 703?

1,521 sqft (141.3 sqm): a two-bedroom apartment on the 7th floor of a 28-storey tower completed in 2009.

What is unit 703 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 703, Executive Tower E (East Heights 2)

Starts from the last sale price (AED 1.83M, 11 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →