3-bed · 1,945 sqftExecutive Tower G (West Heights 6), Business Bay · 7th floor · completed 2009

703, Executive Tower G (West Heights 6)

Sold prices and rental history: sold twice, last in March 2020, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 1.51M1 March 2020
Current rentAED 175K /yr2 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Executive Tower G (West Heights 6)

What is 703 worth today?

Last sold for AED 1,510,000 in 2020

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1 Mar 2020SoldReady
AED 1,510,000AED 776 per sqft
2 Aug 2016RentedNew contract
AED 175,000/yr12 months · AED 90 per sqft
18 Dec 2013RentedRenewal
AED 115,000/yr12 months · AED 59 per sqft
18 Dec 2012RentedNew contract
AED 115,000/yr12 months · AED 59 per sqft
7 Aug 2011Sold by developerReady
AED 3,992,806AED 2,052 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
3-bed apartment
Size
1,945 sqft
Floor
7th of 41
Parking
GB37, GB38
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,800 /yr
Last sold
AED 1.51M · March 2020

About 703, Executive Tower G (West Heights 6)

703 is a three-bedroom apartment of 1,945 sqft on the 7th 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 1 March 2020 for AED 1,510,000, or AED 776 per sqft.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 2 August 2016, is AED 175,000 a year: a gross yield of 11.6% on the 2020 price, before the service charge of about AED 32,800 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical three-bed in Executive Tower G (West Heights 6)
2M4M20112015201920232027Typical 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, August 2011: AED 3,992,806 (AED 2,052 per sqft)Sold, March 2020: AED 1,510,000 (AED 776 per sqft)

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

Rents
Unit 703, 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, December 2012: AED 115,000 a yearRenewal, December 2013: AED 115,000 a yearNew contract, August 2016: AED 175,000 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 703 sits

All 86 3-beds →

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. 703's AED 175,000 is in the upper 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
7013-bedAED 1.34M · Jan 2014
7023-bedAED 2.57M · Apr 2014
7043-bedAED 2.52M · Dec 2013

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

  • Sold twice: first on 7 August 2011 for AED 3,992,806, last on 1 March 2020 for AED 1,510,000 (AED 776 per sqft).
  • Rented since December 2012 on 3 Ejari contracts, from AED 115,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2020 price is 11.6%, 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 1 March 2020.

Questions about 703, Executive Tower G (West Heights 6)

What did unit 703 last sell for?

AED 1,510,000 on 1 March 2020: AED 776 per sqft for 1,945 sqft. The unit has 2 registered sales; the first was AED 3,992,806 in August 2011.

What is the rent for unit 703?

AED 175,000 a year on the contract signed on 2 August 2016. The previous contract, from December 2013, was AED 115,000; the unit has been rented since December 2012.

How big is unit 703?

1,945 sqft (180.7 sqm): a three-bedroom apartment on the 7th floor of a 41-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. 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 703, Executive Tower G (West Heights 6)

Starts from the last sale price (AED 1.51M, 1 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,510,000
Deposit, UAE resident (20%)
AED 302,000
Deposit, non-resident (40%)
AED 604,000
Monthly over 25 years at 3.7%
AED 6,178

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