3-bed · 2,185 sqftExecutive Tower H (West Heights 5), Business Bay · 5th floor · completed 2009

505, Executive Tower H (West Heights 5)

Sold prices and rental history: sold twice, last in January 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 2.04M14 January 2010
Current rentAED 144K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Executive Tower H (West Heights 5)

What is 505 worth today?

Last sold for AED 2,035,800 in 2010

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15 Nov 2024RentedRenewal
AED 143,906/yr12 months · AED 66 per sqft
15 Nov 2023RentedRenewal
AED 137,815/yr12 months · AED 63 per sqft
15 Nov 2022RentedRenewal
AED 131,250/yr12 months · AED 60 per sqft
15 Nov 2021RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
15 Nov 2020RentedRenewal
AED 115,000/yr12 months · AED 53 per sqft
15 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
15 Oct 2018RentedRenewal
AED 154,000/yr12 months · AED 70 per sqft
15 Oct 2017RentedRenewal
AED 168,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
3-bed apartment
Size
2,185 sqft
Floor
5th of 44
Parking
HB - 33 & 34
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,200 /yr
Last sold
AED 2.04M · January 2010

About 505, Executive Tower H (West Heights 5)

505 is a three-bedroom apartment of 2,185 sqft on the 5th floor of Executive Tower H (West Heights 5), a 44-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 14 January 2010 for AED 2,035,800, or AED 931 per sqft, in line with the AED 931 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 143,906 a year: a gross yield of 7.1% on the 2010 price, before the service charge of about AED 33,200 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2010: AED 2,035,800 (AED 931 per sqft)Sold, January 2010: AED 1,880,000 (AED 860 per sqft)

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

Rents
Unit 505, each contractTypical three-bed in Executive Tower H (West Heights 5)
100K200K2012201620202024Typical 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, October 2015: AED 185,000 a yearRenewal, October 2016: AED 185,000 a yearRenewal, October 2017: AED 168,000 a yearRenewal, October 2018: AED 154,000 a yearNew contract, November 2019: AED 140,000 a yearRenewal, November 2020: AED 115,000 a yearRenewal, November 2021: AED 125,000 a yearRenewal, November 2022: AED 131,250 a yearRenewal, November 2023: AED 137,815 a yearRenewal, November 2024: AED 143,906 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 505 sits

All 152 3-beds →

505 last sold in January 2010 at AED 931 per sqft, in line with what three-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 931). 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. 505's AED 143,906 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
5013-bedAED 3.6M · Nov 2024
5023-bedAED 1.88M · Sep 2010
5034-bedAED 2.5M · Feb 2020
5044-bedAED 3.94M · Jan 2024
5063-bedAED 2.5M · Oct 2022

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

  • Sold twice: first on 14 January 2010 for AED 1,880,000, last on 14 January 2010 for AED 2,035,800 (AED 931 per sqft).
  • Rented since October 2015 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 115,000 in 2020 and recovered to AED 143,906 by November 2024.
  • At AED 143,906 a year the gross yield on the 2010 price is 7.1%, before a service charge of about AED 33,200 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 15 November 2024.

Questions about 505, Executive Tower H (West Heights 5)

What did unit 505 last sell for?

AED 2,035,800 on 14 January 2010, sold by the developer: AED 931 per sqft for 2,185 sqft. The unit has 2 registered sales; the first was AED 1,880,000 in January 2010.

What is the rent for unit 505?

AED 143,906 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 137,815; the unit has been rented since October 2015.

How big is unit 505?

2,185 sqft (203.0 sqm): a three-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.

What is unit 505 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 505, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 2.04M, 14 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,035,800
Deposit, UAE resident (20%)
AED 407,160
Deposit, non-resident (40%)
AED 814,320
Monthly over 25 years at 3.7%
AED 8,329

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