3-bed · 1,939 sqftExecutive Tower G (West Heights 6), Business Bay · 16th floor · completed 2009

1602, Executive Tower G (West Heights 6)

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

Unit 1602 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 1.97M17 May 2022
Current rentAED 121K /yr21 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Executive Tower G (West Heights 6)

What is 1602 worth today?

Last sold for AED 1,965,000 in 2022

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17 May 2022SoldReady
AED 1,965,000AED 1,013 per sqft
21 Jul 2020RentedRenewal
AED 121,000/yr13 months · AED 62 per sqft
25 Jun 2019RentedNew contract
AED 125,000/yr13 months · AED 65 per sqft
2 May 2017RentedNew contract
AED 161,600/yr12 months · AED 83 per sqft
2 May 2015RentedNew contract
AED 156,000/yr12 months · AED 81 per sqft
2 May 2014RentedNew contract
AED 111,000/yr12 months · AED 57 per sqft
31 Mar 2014Sold by developerReady
AED 2,860,025AED 1,474 per sqft
2 May 2013RentedNew contract
AED 111,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
3-bed apartment
Size
1,939 sqft
Floor
16th of 41
Parking
GB103, GB104
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,700 /yr
Last sold
AED 1.97M · May 2022

About 1602, Executive Tower G (West Heights 6)

1602 is a three-bedroom apartment of 1,939 sqft on the 16th floor of Executive Tower G (West Heights 6), a 41-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 17 May 2022 for AED 1,965,000, or AED 1,013 per sqft, 9% above the AED 932 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 21 July 2020, is AED 121,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 32,700 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical three-bed in Executive Tower G (West Heights 6)
2M3M2013201720212025Typical sale price by year: 2013 AED 2,671,188; 2014 AED 2,720,325; 2016 AED 2,690,000; 2018 AED 2,400,000; 2020 AED 1,505,000; 2021 AED 1,800,000; 2022 AED 1,970,000; 2023 AED 2,395,000; 2024 AED 2,687,500; 2025 AED 3,000,000; 2026 AED 3,150,000Sold by developer, March 2014: AED 2,860,025 (AED 1,474 per sqft)Sold, May 2022: AED 1,965,000 (AED 1,013 per sqft)

1602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, each contractTypical three-bed in Executive Tower G (West Heights 6)
100K150K200K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 113,000; 2014 AED 130,000; 2015 AED 170,000; 2016 AED 167,000; 2017 AED 160,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 110,000; 2022 AED 124,808; 2023 AED 140,000; 2024 AED 170,000; 2025 AED 185,000; 2026 AED 190,000New contract, May 2013: AED 111,000 a yearNew contract, May 2014: AED 111,000 a yearNew contract, May 2015: AED 156,000 a yearNew contract, May 2017: AED 161,600 a yearNew contract, June 2019: AED 125,000 a yearRenewal, July 2020: AED 121,000 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 G (West Heights 6), and where 1602 sits

All 86 3-beds →

1602 last sold in May 2022 at AED 1,013 per sqft, 9% above what three-beds in Executive Tower G (West Heights 6) were fetching at the time (AED 932). Over the last 12 months three-beds sold for AED 2,975,000 to 3,285,000, around AED 1,626 per sqft, and rent for AED 120,000 to 225,000 a year. 1602's AED 121,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Sep 20263,150,000
18 Sep 20263,175,000
23 Apr 20263,285,000
6 Feb 20263,000,000
8 3-bed sales in the last 12 months

Executive Tower G (West Heights 6)

Building

151 apartments, 1-bed to 4-bed over 41 floors in Business Bay, completed in 2009 by Dubai Properties. 12 sold in the last 12 months.

Typical price per sqft
AED 1,620 Up 10.5%
Typical sale
AED 3.08M
Typical rent
AED 175K /yr
Typical yield
6.0%
Executive Tower G (West Heights 6), Business Bay: prices, sales and rents →
Value
16013-bedAED 1.5M · Dec 2020
16033-bedAED 2.45M · Mar 2017
16043-bedAED 2.77M · May 2014

1602, Executive Tower G (West Heights 6) in numbers

  • Sold twice: first on 31 March 2014 for AED 2,860,025, last on 17 May 2022 for AED 1,965,000 (AED 1,013 per sqft).
  • Rented since May 2013 on 6 Ejari contracts, from AED 111,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 32,700 a year (AED 16.86 per sqft).
  • Three-beds in Executive Tower G (West Heights 6) sold for AED 2,975,000–3,285,000 in the 12 months to November 2026; the building's median across all types is AED 1,620 per sqft.

Source: Dubai Land Department. Updated 17 May 2022.

Questions about 1602, Executive Tower G (West Heights 6)

What did unit 1602 last sell for?

AED 1,965,000 on 17 May 2022: AED 1,013 per sqft for 1,939 sqft. The unit has 2 registered sales; the first was AED 2,860,025 in March 2014.

What is the rent for unit 1602?

AED 121,000 a year on the contract renewed on 21 July 2020. The previous contract, from June 2019, was AED 125,000; the unit has been rented since May 2013.

How big is unit 1602?

1,939 sqft (180.1 sqm): a three-bedroom apartment on the 16th floor of a 41-storey tower completed in 2009.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower G (West Heights 6) sold for AED 2,975,000 to 3,285,000 in the last 12 months, around AED 1,626 per sqft.

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Mortgage on 1602, Executive Tower G (West Heights 6)

Starts from the last sale price (AED 1.97M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,965,000
Deposit, UAE resident (20%)
AED 393,000
Deposit, non-resident (40%)
AED 786,000
Monthly over 25 years at 3.7%
AED 8,039

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