4-bed · 2,866 sqftExecutive Tower H (West Heights 5), Business Bay · 7th floor · completed 2009

703, Executive Tower H (West Heights 5)

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 3.05M1 August 2022
Current rentAED 170K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Executive Tower H (West Heights 5)

What is 703 worth today?

Last sold for AED 3,050,000 in 2022

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1 Aug 2022SoldReady
AED 3,050,000AED 1,064 per sqft
1 Aug 2022RentedRenewal
AED 170,000/yr12 months · AED 59 per sqft
1 Jul 2021RentedNew contract
AED 170,000/yr13 months · AED 59 per sqft
25 Jan 2021RentedRenewal
AED 185,000/yr3 months · AED 65 per sqft
25 Jan 2020RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
25 Jan 2019RentedRenewal
AED 190,000/yr12 months · AED 66 per sqft
25 Jan 2018RentedRenewal
AED 200,000/yr12 months · AED 70 per sqft
25 Jan 2017RentedNew contract
AED 210,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 1 August 2022.

Key facts

Type
4-bed apartment
Size
2,866 sqft
Floor
7th of 44
Parking
HB - 53 & 54
Developer
Dubai Properties
Completed
2009
Service charge
AED 43,600 /yr
Last sold
AED 3.05M · August 2022

About 703, Executive Tower H (West Heights 5)

703 is a four-bedroom apartment of 2,866 sqft on the 7th 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 1 August 2022 for AED 3,050,000, or AED 1,064 per sqft, in line with the AED 1,086 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 August 2022, is AED 170,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 43,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, October 2013: AED 2,605,000 (AED 908 per sqft)Sold, August 2022: AED 3,050,000 (AED 1,064 per sqft)

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

Rents
Unit 703, 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, February 2016: AED 200,000 a yearNew contract, January 2017: AED 210,000 a yearRenewal, January 2018: AED 200,000 a yearRenewal, January 2019: AED 190,000 a yearRenewal, January 2020: AED 185,000 a yearRenewal, January 2021: AED 185,000 a yearNew contract, July 2021: AED 170,000 a yearRenewal, August 2022: AED 170,000 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 703 sits

All 56 4-beds →

703 last sold in August 2022 at AED 1,064 per sqft, in line with what four-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,086). 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. 703's AED 170,000 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
7013-bedAED 1.85M · Aug 2010
7023-bedAED 2.4M · Nov 2021
7044-bedAED 2.75M · Jul 2010
7053-bedAED 2.65M · Mar 2023
7063-bedAED 1.99M · Oct 2014

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

  • Sold twice: first on 27 October 2013 for AED 2,605,000, last on 1 August 2022 for AED 3,050,000 (AED 1,064 per sqft).
  • Rented since February 2016 on 8 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 5.6%, before a service charge of about AED 43,600 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 1 August 2022.

Questions about 703, Executive Tower H (West Heights 5)

What did unit 703 last sell for?

AED 3,050,000 on 1 August 2022: AED 1,064 per sqft for 2,866 sqft. The unit has 2 registered sales; the first was AED 2,605,000 in October 2013.

What is the rent for unit 703?

AED 170,000 a year on the contract renewed on 1 August 2022. The previous contract, from July 2021, was AED 170,000; the unit has been rented since February 2016.

How big is unit 703?

2,866 sqft (266.3 sqm): a four-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.

What is unit 703 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 703, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 3.05M, 1 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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