3-bed · 2,189 sqftExecutive Tower H (West Heights 5), Business Bay · 16th floor · completed 2009

1606, Executive Tower H (West Heights 5)

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 4 January 2024
Last soldAED 3.15M4 January 2024
Current rentAED 160K /yr25 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Executive Tower H (West Heights 5)

What is 1606 worth today?

Last sold for AED 3,150,000 in 2024

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4 Jan 2024SoldReady
AED 3,150,000AED 1,439 per sqft
25 Sep 2022RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
15 Sep 2021RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
4 Sep 2020RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
4 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
1 Sep 2018RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
1 Sep 2017RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
21 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 4 January 2024.

Key facts

Type
3-bed apartment
Size
2,189 sqft
Floor
16th of 44
Parking
HB - 159 & 160
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,300 /yr
Last sold
AED 3.15M · January 2024

About 1606, Executive Tower H (West Heights 5)

1606 is a three-bedroom apartment of 2,189 sqft on the 16th 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 4 January 2024 for AED 3,150,000, or AED 1,439 per sqft, 17% above the AED 1,233 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 25 September 2022, is AED 160,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 33,300 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical three-bed in Executive Tower H (West Heights 5)
2M4M2010201520202025Typical sale price by year: 2010 AED 2,140,000; 2011 AED 1,985,000; 2012 AED 2,140,000; 2013 AED 3,000,000; 2014 AED 3,575,000; 2015 AED 3,185,000; 2016 AED 3,022,500; 2017 AED 3,125,000; 2018 AED 2,620,000; 2019 AED 2,675,000; 2020 AED 2,012,500; 2021 AED 2,400,000; 2022 AED 2,500,000; 2023 AED 2,742,500; 2024 AED 3,187,500; 2025 AED 3,700,000; 2026 AED 4,200,000Sold by developer, February 2011: AED 1,985,000 (AED 906 per sqft)Sold, September 2013: AED 3,200,000 (AED 1,461 per sqft)Sold, January 2024: AED 3,150,000 (AED 1,439 per sqft)

1606 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1606, each contractTypical three-bed in Executive Tower H (West Heights 5)
150K200K2012201620202024Typical rent by year: 2012 AED 128,125; 2013 AED 150,000; 2014 AED 180,000; 2015 AED 185,000; 2016 AED 183,851; 2017 AED 175,000; 2018 AED 165,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 130,000; 2022 AED 136,500; 2023 AED 155,000; 2024 AED 210,000; 2025 AED 227,500; 2026 AED 230,000New contract, September 2013: AED 170,000 a yearNew contract, June 2015: AED 180,000 a yearNew contract, September 2017: AED 160,000 a yearRenewal, September 2018: AED 150,000 a yearNew contract, September 2019: AED 150,000 a yearRenewal, September 2020: AED 130,000 a yearNew contract, September 2021: AED 160,000 a yearNew contract, September 2022: AED 160,000 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 H (West Heights 5), and where 1606 sits

All 152 3-beds →

1606 last sold in January 2024 at AED 1,439 per sqft, 17% above what three-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,233). Over the last 12 months three-beds sold for AED 3,562,311 to 4,400,000, around AED 1,909 per sqft, and rent for AED 140,000 to 428,571 a year. 1606's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Jun 20264,150,000
20 May 20264,200,111
29 Apr 20264,000,000
15 Apr 20264,175,000
9 3-bed sales 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
16013-bedAED 3.3M · Aug 2013
16023-bedAED 2.92M · Apr 2016
16034-bedAED 2.61M · Sep 2010
16044-bedAED 2.61M · Jan 2011
16053-bedAED 3.15M · Jul 2017

1606, Executive Tower H (West Heights 5) in numbers

  • Sold 3 times: first on 7 February 2011 for AED 1,985,000, last on 4 January 2024 for AED 3,150,000 (AED 1,439 per sqft).
  • Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2020 and recovered to AED 160,000 by September 2022.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 33,300 a year (AED 15.21 per sqft).
  • Three-beds in Executive Tower H (West Heights 5) sold for AED 3,562,311–4,400,000 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 4 January 2024.

Questions about 1606, Executive Tower H (West Heights 5)

What did unit 1606 last sell for?

AED 3,150,000 on 4 January 2024: AED 1,439 per sqft for 2,189 sqft. The unit has 3 registered sales; the first was AED 1,985,000 in February 2011.

What is the rent for unit 1606?

AED 160,000 a year on the contract signed on 25 September 2022. The previous contract, from September 2021, was AED 160,000; the unit has been rented since September 2013.

How big is unit 1606?

2,189 sqft (203.4 sqm): a three-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.

What is unit 1606 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 H (West Heights 5) sold for AED 3,562,311 to 4,400,000 in the last 12 months, around AED 1,909 per sqft.

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Mortgage on 1606, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 3.15M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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