East Heights 1, Business Bay

East Heights 1 is a mixed-use building in Business Bay, Dubai, developed by Dubai Properties. It holds about 160 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Fountain and Burj Khalifa and Sea and Park and Pool and Community.

10 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,428 per sq ft.

East Heights 1 is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use off-plan building
• Located in Business Bay, Dubai
• Developed by Dubai Properties
• Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
• Sizes from 70 to 7,240 sq ft
• Views: Fountain, Burj Khalifa, Sea, Park, Pool, Community
• Features: Gated Community, Seafront, Shared Spa
• Service charge from AED 18.31 per sq ft
• Business Bay metro station 0.7 km away

Status

Off-plan

Developer

Dubai Properties

Location

Business Bay, Dubai

Unit types

1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial

Prices from

AED 1.2M

Median price per sq ft

AED 1,428

Median gross yield

5.8%

Service charge

AED 18.31 per sq ft (2018)

Nearest metro

Burj Khalifa Road, 0.5 km

East Heights 1 lists 3 features and facilities for its residents.

• Gated Community
• Seafront
• Shared Spa

Price ranges from the most recent registered sales, by unit type:

• 3-bedroom apartments: AED 2.8M to AED 4.6M (1,860 to 2,962 sq ft), across 9 sales
• 2-bedroom apartments: AED 2.0M to AED 2.7M (1,441 to 1,861 sq ft), across 6 sales
• 1-bedroom apartments: AED 1.5M to AED 4.0M (1,310 to 2,862 sq ft), across 3 sales
• 4-bedroom apartments: AED 6.0M to AED 6.9M (4,426 to 4,870 sq ft), across 2 sales

2-bedroom homes in East Heights 1 were let for AED 126.0K to AED 170.0K a year across 4 recent contracts, with a median of AED 135.5K.

Yearly rents from recent registered contracts, by unit type:

• 2-bedroom apartments: AED 126.0K to AED 170.0K a year (1,441 to 2,127 sq ft), across 4 contracts
• 1-bedroom apartments: AED 100.0K a year (1,310 sq ft)

Every sale in East Heights 1Every rent contract in East Heights 1

The 2018 service charge in East Heights 1 is AED 18.31 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from East Heights 1 is Business Bay (red line, 0.7 km, about 8 min walk), then Burj Khalifa/Dubai Mall (red line, 1.1 km, about 13 min walk). Stations planned on new lines nearby include Burj Khalifa Road (golden line, 0.5 km, about 6 min walk) and Business Bay Interchange (golden line, 0.7 km, about 8 min walk).

• Burj Khalifa RoadGolden line · 0.5 km · about 6 min walk
• Business Bay InterchangeGolden line · 0.7 km · about 8 min walk
• Business BayRed line · 0.7 km · about 8 min walk
• Burj Khalifa/Dubai MallRed line · 1.1 km · about 13 min walk
• City WalkGolden line · 1.9 km · about 6 min drive
• District 1 near High Speed Rail lineGolden line · 2.3 km · about 7 min drive

The closest is Choitram, The Executive Towers, 0.1 km from East Heights 1 (about 2 min walk).

• Choitram, The Executive TowersSupermarket · 0.1 km · about 2 min walk
• Bay AvenueShopping Mall · 0.2 km · about 2 min walk
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 0.4 km · about 5 min walk
• Spinneys / The Executive TowersSupermarket · 0.5 km · about 6 min walk
• Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 0.6 km · about 7 min walk

The closest is Qamardeen Hotel, 0.7 km from East Heights 1 (about 8 min walk).

• Qamardeen HotelHotel · 0.7 km · about 8 min walk
• Oberoi HotelHotel · 0.7 km · about 8 min walk
• Vida Hotels and ResortsHotel · 0.8 km · about 10 min walk
• Ramada Downtown Dubai Deluxe SuitesHotel · 0.9 km · about 11 min walk
• Armani Hotel DubaiHotel · 0.9 km · about 11 min walk

The closest is Al Amal Hospital, 1.6 km from East Heights 1 (about 5 min drive).

• Al Amal HospitalHospital · 1.6 km · about 5 min drive
• Medcare HospitalHospital · 2.6 km · about 7 min drive
• Internationl Medical CenterHospital · 2.9 km · about 8 min drive
• Emirates HospitalHospital · 3 km · about 8 min drive
• Emirates International HospitalHospital · 3.7 km · about 9 min drive

The closest is Safa Park, 2.2 km from East Heights 1 (about 6 min drive).

• Safa ParkPark · 2.2 km · about 6 min drive
• Dubai Bowling CentreSports Academy · 2.2 km · about 6 min drive
• Al Quoz Pond ParkPark · 3.1 km · about 8 min drive
• Jumeirah Beach ParkPark · 3.3 km · about 9 min drive
• Falcon Heritage and Sports CentreSports Academy · 5 km · about 12 min drive

The nearest is Japanese School, 1.3 km away. Ratings are the KHDA's latest inspection grades.

• Japanese SchoolJapanese · KHDA: Good · 1.3 km
• JSS Private School L.L.CIndian · KHDA: Very good · 1.4 km
• Horizons English School L.L.CUK · KHDA: Outstanding · 1.7 km
• Harrow International School L.L.CUK* · KHDA: Not inspected yet · 1.9 km
• Dubai British School MiraUK · KHDA: Not inspected yet · 1.9 km
• Global Indian International School L.L.CIndian · KHDA: Good · 2.2 km

Business Bay has 257 buildings. A few others to compare East Heights 1 with:

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  014 Tower

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  15 Northside Tower 1

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• Ready

  15 Northside Tower 2

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• Ready

  51 @ Business Bay

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• Off-plan

  77S

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• Ready

  AG Tower

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