3-bed · 2,187 sqftExecutive Tower H (West Heights 5), Business Bay · 7th floor · completed 2009

706, Executive Tower H (West Heights 5)

Sold prices and rental history: sold once, by the developer in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1.99M20 October 2014
Current rentAED 145K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Executive Tower H (West Heights 5)

What is 706 worth today?

Last sold for AED 1,985,000 in 2014

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15 Aug 2023RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
15 Aug 2022RentedRenewal
AED 137,000/yr12 months · AED 63 per sqft
15 Aug 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
15 Aug 2020RentedNew contract
AED 135,000/yr12 months · AED 62 per sqft
15 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
22 Jul 2017RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
22 Jul 2016RentedNew contract
AED 175,000/yr12 months · AED 80 per sqft
24 Nov 2014RentedNew contract
AED 195,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
3-bed apartment
Size
2,187 sqft
Floor
7th of 44
Parking
HB - 59 & 60
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,300 /yr
Last sold
AED 1.99M · October 2014

About 706, Executive Tower H (West Heights 5)

706 is a three-bedroom apartment of 2,187 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. The developer sold it on 20 October 2014 for AED 1,985,000, or AED 907 per sqft, 43% below the AED 1,598 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 145,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 33,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, October 2014: AED 1,985,000 (AED 907 per sqft)

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

Rents
Unit 706, 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, November 2014: AED 195,000 a yearNew contract, July 2016: AED 175,000 a yearRenewal, July 2017: AED 175,000 a yearNew contract, August 2018: AED 150,000 a yearNew contract, August 2020: AED 135,000 a yearRenewal, August 2021: AED 130,000 a yearRenewal, August 2022: AED 137,000 a yearRenewal, August 2023: AED 145,000 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 706 sits

All 152 3-beds →

706 last sold in October 2014 at AED 907 per sqft, 43% below what three-beds in Executive Tower H (West Heights 5) were fetching at the time (AED 1,598). 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. 706's AED 145,000 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
7013-bedAED 1.85M · Aug 2010
7023-bedAED 2.4M · Nov 2021
7034-bedAED 3.05M · Aug 2022
7044-bedAED 2.75M · Jul 2010
7053-bedAED 2.65M · Mar 2023

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

  • Sold once: by Dubai Properties on 20 October 2014 for AED 1,985,000, or AED 907 per sqft.
  • Rented since November 2014 on 8 Ejari contracts. The rent fell from AED 195,000 to AED 130,000 in 2021 and recovered to AED 145,000 by August 2023.
  • At AED 145,000 a year the gross yield on the 2014 price is 7.3%, 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 15 August 2023.

Questions about 706, Executive Tower H (West Heights 5)

What did unit 706 last sell for?

AED 1,985,000 on 20 October 2014, sold by the developer: AED 907 per sqft for 2,187 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 145,000 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 137,000; the unit has been rented since November 2014.

How big is unit 706?

2,187 sqft (203.2 sqm): a three-bedroom apartment on the 7th floor of a 44-storey tower completed in 2009.

What is unit 706 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 706, Executive Tower H (West Heights 5)

Starts from the last sale price (AED 1.99M, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,985,000
Deposit, UAE resident (20%)
AED 397,000
Deposit, non-resident (40%)
AED 794,000
Monthly over 25 years at 3.7%
AED 8,121

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