3-bed · 2,205 sqftExecutive Tower J (West Heights 4), Business Bay · 12th floor · completed 2009

1209, Executive Tower J (West Heights 4)

Sold prices and rental history: sold 3 times, last in December 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 18 December 2018
Last soldAED 2.4M18 December 2018
Current rentAED 160K /yr1 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Executive Tower J (West Heights 4)

What is 1209 worth today?

Last sold for AED 2,400,000 in 2018

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18 Dec 2018SoldReady
AED 2,400,000AED 1,088 per sqft
1 Mar 2018RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
1 Mar 2017RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
1 Feb 2016RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
15 Jan 2015RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
15 Jan 2014RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
18 Sep 2012SoldReady
AED 2,205,000AED 1,000 per sqft
5 Jan 2012Sold by developerReady
AED 2,091,450AED 948 per sqft

Source: Dubai Land Department. Updated 18 December 2018.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
12th of 41
Parking
JM - 1 & 2
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.4M · December 2018

About 1209, Executive Tower J (West Heights 4)

1209 is a three-bedroom apartment of 2,205 sqft on the 12th floor of Executive Tower J (West Heights 4), a 41-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 18 December 2018 for AED 2,400,000, or AED 1,088 per sqft, in line with the AED 1,102 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 March 2018, is AED 160,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, each saleTypical three-bed in Executive Tower J (West Heights 4)
2M4M2010201520202025Typical sale price by year: 2010 AED 2,090,000; 2011 AED 1,774,800; 2012 AED 2,090,000; 2013 AED 2,242,500; 2014 AED 3,175,000; 2015 AED 2,700,000; 2016 AED 2,975,000; 2018 AED 2,500,000; 2021 AED 2,375,000; 2022 AED 2,450,000; 2023 AED 2,600,000; 2024 AED 3,150,000; 2025 AED 3,800,000; 2026 AED 4,000,000Sold by developer, January 2012: AED 2,091,450 (AED 948 per sqft)Sold, September 2012: AED 2,205,000 (AED 1,000 per sqft)Sold, December 2018: AED 2,400,000 (AED 1,088 per sqft)

1209 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1209, each contractTypical three-bed in Executive Tower J (West Heights 4)
150K200K2013201720212025Typical rent by year: 2013 AED 155,000; 2014 AED 166,500; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 139,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 131,250; 2023 AED 150,000; 2024 AED 200,000; 2025 AED 205,000; 2026 AED 207,500New contract, January 2014: AED 160,000 a yearNew contract, January 2015: AED 175,000 a yearNew contract, February 2016: AED 180,000 a yearNew contract, March 2017: AED 170,000 a yearNew contract, March 2018: AED 160,000 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 J (West Heights 4), and where 1209 sits

All 66 3-beds →

1209 last sold in December 2018 at AED 1,088 per sqft, in line with what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,102). Over the last 12 months three-beds sold for AED 3,325,000 to 4,900,000, around AED 1,723 per sqft, and rent for AED 114,000 to 255,000 a year. 1209's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Oct 20264,000,000
7 Sep 20264,000,000
15 Jul 20263,600,000
9 Jul 20263,325,000
6 3-bed sales in the last 12 months

Executive Tower J (West Heights 4)

Building

265 apartments, studios to 4-bed over 41 floors in Business Bay, completed in 2009 by Dubai Properties. 20 sold in the last 12 months.

Typical price per sqft
AED 1,496 Up 7.8%
Typical sale
AED 2.19M
Typical rent
AED 128K /yr
Typical yield
6.1%
Executive Tower J (West Heights 4), Business Bay: prices, sales and rents →
Value
12013-bedAED 4.2M · Dec 2016
12023-bedAED 2.6M · Jun 2023
12031-bedAED 1.08M · Feb 2023
1204StudioAED 770K · May 2010
12051-bedAED 1.05M · Jul 2021
12061-bedAED 1.13M · Jun 2011
1207StudioAED 555K · Apr 2012
1–7 of 9

1209, Executive Tower J (West Heights 4) in numbers

  • Sold 3 times: first on 5 January 2012 for AED 2,091,450, last on 18 December 2018 for AED 2,400,000 (AED 1,088 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 34,500 a year (AED 15.66 per sqft).
  • Three-beds in Executive Tower J (West Heights 4) sold for AED 3,325,000–4,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,496 per sqft.

Source: Dubai Land Department. Updated 18 December 2018.

Questions about 1209, Executive Tower J (West Heights 4)

What did unit 1209 last sell for?

AED 2,400,000 on 18 December 2018: AED 1,088 per sqft for 2,205 sqft. The unit has 3 registered sales; the first was AED 2,091,450 in January 2012.

What is the rent for unit 1209?

AED 160,000 a year on the contract signed on 1 March 2018. The previous contract, from March 2017, was AED 170,000; the unit has been rented since January 2014.

How big is unit 1209?

2,205 sqft (204.9 sqm): a three-bedroom apartment on the 12th floor of a 41-storey tower completed in 2009.

What is unit 1209 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 J (West Heights 4) sold for AED 3,325,000 to 4,900,000 in the last 12 months, around AED 1,723 per sqft.

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Mortgage on 1209, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 2.4M, 18 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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