3-bed · 2,187 sqftExecutive Tower H (West Heights 5), Business Bay · 5th floor · completed 2009

506, Executive Tower H (West Heights 5)

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 18 October 2022
Last soldAED 2.5M18 October 2022
Current rentAED 135K /yr26 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Executive Tower H (West Heights 5)

What is 506 worth today?

Last sold for AED 2,500,000 in 2022

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18 Oct 2022SoldReady
AED 2,500,000AED 1,143 per sqft
26 Mar 2022RentedRenewal
AED 135,000/yr8 months · AED 62 per sqft
26 Mar 2021RentedRenewal
AED 135,000/yr12 months · AED 62 per sqft
26 Mar 2020RentedRenewal
AED 142,000/yr12 months · AED 65 per sqft
26 Mar 2019RentedRenewal
AED 158,000/yr12 months · AED 72 per sqft
30 Sep 2013SoldReady
AED 3,030,000AED 1,385 per sqft
30 Nov 2010Sold by developerReady
AED 1,880,000AED 859 per sqft

Source: Dubai Land Department. Updated 18 October 2022.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
5th of 44
Parking
HB - 35 & 36
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,300 /yr
Last sold
AED 2.5M · October 2022

About 506, Executive Tower H (West Heights 5)

506 is a three-bedroom apartment of 2,187 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. It last sold on 18 October 2022 for AED 2,500,000, or AED 1,143 per sqft, 4% above the AED 1,098 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 26 March 2022, is AED 135,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 33,300 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, November 2010: AED 1,880,000 (AED 859 per sqft)Sold, September 2013: AED 3,030,000 (AED 1,385 per sqft)Sold, October 2022: AED 2,500,000 (AED 1,143 per sqft)

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

Rents
Unit 506, 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 230,000Renewal, March 2019: AED 158,000 a yearRenewal, March 2020: AED 142,000 a yearRenewal, March 2021: AED 135,000 a yearRenewal, March 2022: AED 135,000 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 506 sits

All 152 3-beds →

506 last sold in October 2022 at AED 1,143 per sqft, 4% above what three-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,098). 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. 506's AED 135,000 is at the bottom 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
5053-bedAED 1.88M · Jan 2010

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

  • Sold 3 times: first on 30 November 2010 for AED 1,880,000, last on 18 October 2022 for AED 2,500,000 (AED 1,143 per sqft).
  • Rented since March 2019 on 4 Ejari contracts, from AED 158,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2022 price is 5.4%, 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 18 October 2022.

Questions about 506, Executive Tower H (West Heights 5)

What did unit 506 last sell for?

AED 2,500,000 on 18 October 2022: AED 1,143 per sqft for 2,187 sqft. The unit has 3 registered sales; the first was AED 1,880,000 in November 2010.

What is the rent for unit 506?

AED 135,000 a year on the contract renewed on 26 March 2022. The previous contract, from March 2021, was AED 135,000; the unit has been rented since March 2019.

How big is unit 506?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.

What is unit 506 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 506, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 2.5M, 18 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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