3-bed · 2,197 sqftExecutive Tower H (West Heights 5), Business Bay · 29th floor · completed 2009

2901, Executive Tower H (West Heights 5)

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 16 December 2022
Last soldAED 2.55M16 December 2022
Current rentAED 150K /yr10 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Executive Tower H (West Heights 5)

What is 2901 worth today?

Last sold for AED 2,550,000 in 2022

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16 Dec 2022SoldReady
AED 2,550,000AED 1,160 per sqft
10 Aug 2022RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
10 Aug 2021RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
10 Aug 2020RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
2 Aug 2019RentedRenewal
AED 132,500/yr12 months · AED 60 per sqft
31 Jul 2018RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
1 Aug 2016RentedNew contract
AED 185,000/yr12 months · AED 84 per sqft
1 Aug 2014RentedNew contract
AED 187,500/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 16 December 2022.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
29th of 44
Parking
HM - 117 & 118
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,400 /yr
Last sold
AED 2.55M · December 2022

About 2901, Executive Tower H (West Heights 5)

2901 is a three-bedroom apartment of 2,197 sqft on the 29th 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 16 December 2022 for AED 2,550,000, or AED 1,160 per sqft, 3% above the AED 1,121 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 10 August 2022, is AED 150,000 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 33,400 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, July 2010: AED 2,140,000 (AED 974 per sqft)Sold, December 2022: AED 2,550,000 (AED 1,160 per sqft)

2901 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2901, 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, August 2014: AED 187,500 a yearNew contract, August 2016: AED 185,000 a yearNew contract, July 2018: AED 165,000 a yearRenewal, August 2019: AED 132,500 a yearNew contract, August 2020: AED 120,000 a yearRenewal, August 2021: AED 125,000 a yearRenewal, August 2022: AED 150,000 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 2901 sits

All 152 3-beds →

2901 last sold in December 2022 at AED 1,160 per sqft, 3% above what three-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,121). 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. 2901's AED 150,000 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
29023-bedAED 3.4M · Jul 2013
29033-bedAED 1.32M · Nov 2021
29043-bedAED 3.9M · Mar 2015
29053-bedAED 2.14M · Jun 2010
29063-bedAED 2.14M · Apr 2010

2901, Executive Tower H (West Heights 5) in numbers

  • Sold twice: first on 15 July 2010 for AED 2,140,000, last on 16 December 2022 for AED 2,550,000 (AED 1,160 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 187,500 to AED 120,000 in 2020 and recovered to AED 150,000 by August 2022.
  • At AED 150,000 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 33,400 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 16 December 2022.

Questions about 2901, Executive Tower H (West Heights 5)

What did unit 2901 last sell for?

AED 2,550,000 on 16 December 2022: AED 1,160 per sqft for 2,197 sqft. The unit has 2 registered sales; the first was AED 2,140,000 in July 2010.

What is the rent for unit 2901?

AED 150,000 a year on the contract renewed on 10 August 2022. The previous contract, from August 2021, was AED 125,000; the unit has been rented since August 2014.

How big is unit 2901?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.

What is unit 2901 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 2901, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 2.55M, 16 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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