4-bed · 2,874 sqftExecutive Tower H (West Heights 5), Business Bay · 26th floor · completed 2009

2603, Executive Tower H (West Heights 5)

Sold prices and rental history: sold twice, last in July 2014, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 8 July 2014
Last soldAED 5.5M8 July 2014
Current rentAED 215K /yr18 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Executive Tower H (West Heights 5)

What is 2603 worth today?

Last sold for AED 5,500,000 in 2014

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8 Jul 2014SoldReady
AED 5,500,000AED 1,913 per sqft
18 Oct 2013RentedNew contract
AED 215,000/yr12 months · AED 75 per sqft
1 Nov 2010Sold by developerReady
AED 4,578,000AED 1,592 per sqft

Source: Dubai Land Department. Updated 8 July 2014.

Key facts

Type
4-bed apartment
Size
2,874 sqft
Floor
26th of 44
Parking
HM - 85 & 86
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,700 /yr
Last sold
AED 5.5M · July 2014

About 2603, Executive Tower H (West Heights 5)

2603 is a four-bedroom apartment of 2,874 sqft on the 26th 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 8 July 2014 for AED 5,500,000, or AED 1,913 per sqft, 47% above the AED 1,299 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 October 2013. The current contract, signed on 18 October 2013, is AED 215,000 a year: a gross yield of 3.9% on the 2014 price, before the service charge of about AED 43,700 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, each saleTypical four-bed in Executive Tower H (West Heights 5)
2M4M6M20102014201820222026Typical 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, November 2010: AED 4,578,000 (AED 1,592 per sqft)Sold, July 2014: AED 5,500,000 (AED 1,913 per sqft)

2603 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 2603, 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, October 2013: AED 215,000 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 2603 sits

All 56 4-beds →

2603 last sold in July 2014 at AED 1,913 per sqft, 47% above what four-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,299). 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. 2603's AED 215,000 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
26013-bedAED 2.14M · Jul 2010
26023-bedAED 3.2M · Nov 2017
26044-bedAED 3.36M · Mar 2022
26053-bedAED 2.5M · Apr 2021
26063-bedAED 3M · Jan 2016

2603, Executive Tower H (West Heights 5) in numbers

  • Sold twice: first on 1 November 2010 for AED 4,578,000, last on 8 July 2014 for AED 5,500,000 (AED 1,913 per sqft).
  • Rented since October 2013 on one Ejari contract, at AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2014 price is 3.9%, 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 8 July 2014.

Questions about 2603, Executive Tower H (West Heights 5)

What did unit 2603 last sell for?

AED 5,500,000 on 8 July 2014: AED 1,913 per sqft for 2,874 sqft. The unit has 2 registered sales; the first was AED 4,578,000 in November 2010.

What is the rent for unit 2603?

AED 215,000 a year on the contract signed on 18 October 2013.

How big is unit 2603?

2,874 sqft (267.0 sqm): a four-bedroom apartment on the 26th floor of a 44-storey tower completed in 2009.

What is unit 2603 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 2603, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 5.5M, 8 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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