4-bed · 2,874 sqftExecutive Tower H (West Heights 5), Business Bay · 25th floor · completed 2009

2503, Executive Tower H (West Heights 5)

Sold prices and rental history: sold twice, last in February 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2503 · DLD and Ejari recordsUpdated 24 February 2016
Last soldAED 3.9M24 February 2016
Current rentAED 215K /yr15 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Executive Tower H (West Heights 5)

What is 2503 worth today?

Last sold for AED 3,900,000 in 2016

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24 Feb 2016SoldReady
AED 3,900,000AED 1,357 per sqft
15 May 2015RentedRenewal
AED 214,500/yr12 months · AED 75 per sqft
15 May 2014RentedNew contract
AED 190,000/yr12 months · AED 66 per sqft
1 Aug 2010Sold by developerReady
AED 2,815,000AED 979 per sqft

Source: Dubai Land Department. Updated 24 February 2016.

Key facts

Type
4-bed apartment
Size
2,874 sqft
Floor
25th of 44
Parking
HM - 73 & 74
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,700 /yr
Last sold
AED 3.9M · February 2016

About 2503, Executive Tower H (West Heights 5)

2503 is a four-bedroom apartment of 2,874 sqft on the 25th 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 24 February 2016 for AED 3,900,000, or AED 1,357 per sqft, 9% above the AED 1,241 four-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 15 May 2015, is AED 214,500 a year: a gross yield of 5.5% on the 2016 price, before the service charge of about AED 43,700 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, 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, August 2010: AED 2,815,000 (AED 979 per sqft)Sold, February 2016: AED 3,900,000 (AED 1,357 per sqft)

2503 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2503, 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, May 2014: AED 190,000 a yearRenewal, May 2015: AED 214,500 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 2503 sits

All 56 4-beds →

2503 last sold in February 2016 at AED 1,357 per sqft, 9% above what four-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,241). 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. 2503's AED 214,500 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
25013-bedAED 2.08M · May 2012
25023-bedAED 2.85M · Sep 2023
25044-bedAED 3.18M · Mar 2017
25053-bedAED 2.6M · Jul 2023
25063-bedAED 2.8M · Jul 2024

2503, Executive Tower H (West Heights 5) in numbers

  • Sold twice: first on 1 August 2010 for AED 2,815,000, last on 24 February 2016 for AED 3,900,000 (AED 1,357 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, from AED 190,000 to AED 214,500 a year.
  • At AED 214,500 a year the gross yield on the 2016 price is 5.5%, before a service charge of about AED 43,700 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 24 February 2016.

Questions about 2503, Executive Tower H (West Heights 5)

What did unit 2503 last sell for?

AED 3,900,000 on 24 February 2016: AED 1,357 per sqft for 2,874 sqft. The unit has 2 registered sales; the first was AED 2,815,000 in August 2010.

What is the rent for unit 2503?

AED 214,500 a year on the contract renewed on 15 May 2015. The previous contract, from May 2014, was AED 190,000.

How big is unit 2503?

2,874 sqft (267.0 sqm): a four-bedroom apartment on the 25th floor of a 44-storey tower completed in 2009.

What is unit 2503 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 2503, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 3.9M, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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