Executive Tower C (along with Tower G) was purchased by Mismak Properties, a subsidiary of First Gulf Bank. The overall construction and planning of these two towers was done under the direction of Dubai Properties, the master developer of Executive Towers and Business Bay.
Unlike other buildings in Executive Towers, this building was held by Mismak Properties as a rental generating property until 2014 when properties within this tower were sold.
April 2014 Update
In April 2014, Mismak Properties appointed Chesterton Real Estate to market and sell individual units in this building at prices starting from AED 1,400 psf. Units available for sale included: 1, 2 & 3 bedroom apartments as well as a handful of duplex penthouses & loft apartments.
According to the agency, over 95% of the units area already rented out - therefore this is a launch targeting investors looking for steady rental return. Prices start from AED 1,400 psf but these are for lower level apartments. Prices increase by 3% per floor.
Transfer fees are 2% and financing is also available as all units have title deeds.