3-bed · 1,945 sqftExecutive Tower G (West Heights 6), Business Bay · 5th floor · completed 2009

503, Executive Tower G (West Heights 6)

Sold prices and rental history: sold twice, last in August 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 26 August 2018
Last soldAED 2M26 August 2018
Current rentAED 149K /yr3 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Executive Tower G (West Heights 6)

What is 503 worth today?

Last sold for AED 2,000,000 in 2018

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26 Aug 2018SoldReady
AED 2,000,000AED 1,028 per sqft
3 Mar 2018RentedRenewal
AED 149,378/yr8 months · AED 77 per sqft
3 Mar 2017RentedRenewal
AED 165,000/yr12 months · AED 85 per sqft
3 Mar 2016RentedNew contract
AED 165,000/yr12 months · AED 85 per sqft
3 Mar 2015RentedNew contract
AED 160,000/yr12 months · AED 82 per sqft
22 Jan 2014Sold by developerReady
AED 2,674,375AED 1,374 per sqft
1 Jul 2013RentedRenewal
AED 114,000/yr12 months · AED 59 per sqft
1 Jul 2012RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 26 August 2018.

Key facts

Type
3-bed apartment
Size
1,945 sqft
Floor
5th of 41
Parking
GB21, GB22
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,800 /yr
Last sold
AED 2M · August 2018

About 503, Executive Tower G (West Heights 6)

503 is a three-bedroom apartment of 1,945 sqft on the 5th 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 26 August 2018 for AED 2,000,000, or AED 1,028 per sqft, 17% below the AED 1,233 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 3 March 2018, is AED 149,378 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 32,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, January 2014: AED 2,674,375 (AED 1,374 per sqft)Sold, August 2018: AED 2,000,000 (AED 1,028 per sqft)

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

Rents
Unit 503, 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, July 2012: AED 110,000 a yearRenewal, July 2013: AED 114,000 a yearNew contract, March 2015: AED 160,000 a yearNew contract, March 2016: AED 165,000 a yearRenewal, March 2017: AED 165,000 a yearRenewal, March 2018: AED 149,378 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 503 sits

All 86 3-beds →

503 last sold in August 2018 at AED 1,028 per sqft, 17% below what three-beds in Executive Tower G (West Heights 6) were fetching at the time (AED 1,233). 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. 503's AED 149,378 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
5013-bedAED 2.98M · Jan 2026
5023-bedAED 2.57M · Mar 2014
5043-bedAED 2.7M · Aug 2024

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

  • Sold twice: first on 22 January 2014 for AED 2,674,375, last on 26 August 2018 for AED 2,000,000 (AED 1,028 per sqft).
  • Rented since July 2012 on 6 Ejari contracts, from AED 110,000 to AED 149,378 a year.
  • At AED 149,378 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 32,800 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 26 August 2018.

Questions about 503, Executive Tower G (West Heights 6)

What did unit 503 last sell for?

AED 2,000,000 on 26 August 2018: AED 1,028 per sqft for 1,945 sqft. The unit has 2 registered sales; the first was AED 2,674,375 in January 2014.

What is the rent for unit 503?

AED 149,378 a year on the contract renewed on 3 March 2018. The previous contract, from March 2017, was AED 165,000; the unit has been rented since July 2012.

How big is unit 503?

1,945 sqft (180.7 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2009.

What is unit 503 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 503, Executive Tower G (West Heights 6)

Starts from the last sale price (AED 2M, 26 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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