4-bed · 2,866 sqftExecutive Tower H (West Heights 5), Business Bay · 13th floor · completed 2009

1303, Executive Tower H (West Heights 5)

Sold prices and rental history: sold 3 times, last in September 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 12 September 2017
Last soldAED 3.63M12 September 2017
Current rentAED 220K /yr26 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Executive Tower H (West Heights 5)

What is 1303 worth today?

Last sold for AED 3,625,000 in 2017

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12 Sep 2017SoldReady
AED 3,625,000AED 1,264 per sqft
26 Jul 2016RentedNew contract
AED 220,000/yr12 months · AED 77 per sqft
10 Jun 2015RentedRenewal
AED 170,000/yr12 months · AED 59 per sqft
10 Jun 2014RentedNew contract
AED 165,600/yr12 months · AED 58 per sqft
16 Dec 2013SoldReady
AED 3,725,800AED 1,299 per sqft
20 Mar 2011Sold by developerReady
AED 2,605,000AED 908 per sqft

Source: Dubai Land Department. Updated 12 September 2017.

Key facts

Type
4-bed apartment
Size
2,866 sqft
Floor
13th of 44
Parking
HB - 125 & 126
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,600 /yr
Last sold
AED 3.63M · September 2017

About 1303, Executive Tower H (West Heights 5)

1303 is a four-bedroom apartment of 2,866 sqft on the 13th floor of Executive Tower H (West Heights 5), a 44-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 12 September 2017 for AED 3,625,000, or AED 1,264 per sqft, 7% above the AED 1,179 four-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 26 July 2016, is AED 220,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 43,600 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical four-bed in Executive Tower H (West Heights 5)
2M4M20102014201820222026Typical sale price by year: 2010 AED 2,688,325; 2011 AED 2,605,000; 2012 AED 2,750,000; 2013 AED 3,200,000; 2014 AED 2,605,000; 2015 AED 3,900,000; 2016 AED 3,900,000; 2017 AED 3,600,000; 2019 AED 2,800,000; 2020 AED 2,500,000; 2022 AED 3,355,705; 2024 AED 4,350,000; 2025 AED 5,400,000Sold by developer, March 2011: AED 2,605,000 (AED 908 per sqft)Sold, December 2013: AED 3,725,800 (AED 1,299 per sqft)Sold, September 2017: AED 3,625,000 (AED 1,264 per sqft)

1303 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1303, each contractTypical four-bed in Executive Tower H (West Heights 5)
200K300K2013201720212025Typical rent by year: 2013 AED 222,500; 2014 AED 220,000; 2015 AED 230,000; 2016 AED 225,000; 2017 AED 210,000; 2018 AED 190,000; 2019 AED 175,250; 2020 AED 153,500; 2021 AED 160,000; 2022 AED 176,000; 2023 AED 205,000; 2024 AED 250,000; 2025 AED 300,000; 2026 AED 290,000New contract, June 2014: AED 165,600 a yearRenewal, June 2015: AED 170,000 a yearNew contract, July 2016: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Executive Tower H (West Heights 5), and where 1303 sits

All 56 4-beds →

1303 last sold in September 2017 at AED 1,264 per sqft, 7% above what four-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,179). Over the last 12 months four-beds sold for AED 5,400,000, around AED 1,879 per sqft, and rent for AED 265,650 to 309,999 a year. 1303's AED 220,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
5 Dec 20255,400,000
11 Aug 20255,375,000
2 Jun 20255,400,000
27 Mar 20255,500,000
1 4-bed sale in the last 12 months

Executive Tower H (West Heights 5)

Building

214 apartments, 1-bed to 4-bed over 44 floors in Business Bay, completed in 2009 by Dubai Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,895 Up 12.5%
Typical sale
AED 4.18M
Typical rent
AED 240K /yr
Typical yield
5.5%
Executive Tower H (West Heights 5), Business Bay: prices, sales and rents →
Value
13013-bedAED 2.38M · May 2022
13023-bedAED 2.48M · Jul 2023
13044-bedAED 4.95M · Jul 2014
13053-bedAED 3.65M · Jun 2014
13063-bedAED 3.08M · Feb 2024

1303, Executive Tower H (West Heights 5) in numbers

  • Sold 3 times: first on 20 March 2011 for AED 2,605,000, last on 12 September 2017 for AED 3,625,000 (AED 1,264 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 165,600 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 43,600 a year (AED 15.21 per sqft).
  • Four-beds in Executive Tower H (West Heights 5) sold for AED 5,400,000–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,895 per sqft.

Source: Dubai Land Department. Updated 12 September 2017.

Questions about 1303, Executive Tower H (West Heights 5)

What did unit 1303 last sell for?

AED 3,625,000 on 12 September 2017: AED 1,264 per sqft for 2,866 sqft. The unit has 3 registered sales; the first was AED 2,605,000 in March 2011.

What is the rent for unit 1303?

AED 220,000 a year on the contract signed on 26 July 2016. The previous contract, from June 2015, was AED 170,000; the unit has been rented since June 2014.

How big is unit 1303?

2,866 sqft (266.3 sqm): a four-bedroom apartment on the 13th floor of a 44-storey tower completed in 2009.

What is unit 1303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Executive Tower H (West Heights 5) sold for AED 5,400,000 to 5,400,000 in the last 12 months, around AED 1,879 per sqft.

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Mortgage on 1303, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 3.63M, 12 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,625,000
Deposit, UAE resident (20%)
AED 725,000
Deposit, non-resident (40%)
AED 1,450,000
Monthly over 25 years at 3.7%
AED 14,831

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