Studio · 738 sqftExecutive Tower J (West Heights 4), Business Bay · 15th floor · completed 2009

1502, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 753K21 April 2013
Current rentAED 60K /yr29 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Executive Tower J (West Heights 4)

What is 1502 worth today?

Last sold for AED 753,000 in 2013

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29 Feb 2024RentedRenewal
AED 60,000/yr12 months · AED 81 per sqft
1 Mar 2023RentedRenewal
AED 55,159/yr12 months · AED 74 per sqft
26 Feb 2022RentedRenewal
AED 48,000/yr12 months · AED 65 per sqft
26 Feb 2021RentedRenewal
AED 48,000/yr12 months · AED 65 per sqft
26 Feb 2020RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
15 Jan 2019RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
14 Jan 2017RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
6 Feb 2016RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
Studio apartment
Size
738 sqft
Floor
15th of 41
Parking
JM - 33
Developer
Dubai Properties
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 753K · April 2013

About 1502, Executive Tower J (West Heights 4)

1502 is a studio of 738 sqft on the 15th 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 21 April 2013 for AED 753,000, or AED 1,020 per sqft, in line with the AED 995 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 29 February 2024, is AED 60,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical studio in Executive Tower J (West Heights 4)
500K750K1M2010201420182022Typical sale price by year: 2010 AED 588,000; 2011 AED 554,750; 2012 AED 662,300; 2013 AED 980,000; 2014 AED 1,100,000; 2017 AED 970,000; 2022 AED 660,000; 2023 AED 837,500Sold by developer, March 2013: AED 770,000 (AED 1,043 per sqft)Sold, April 2013: AED 753,000 (AED 1,020 per sqft)

1502 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, each contractTypical studio in Executive Tower J (West Heights 4)
60K80K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 80,000; 2015 AED 80,000; 2016 AED 81,773; 2017 AED 79,572; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 47,000; 2021 AED 47,500; 2022 AED 55,448; 2023 AED 69,775; 2024 AED 72,500; 2025 AED 75,000; 2026 AED 74,250New contract, November 2014: AED 70,000 a yearNew contract, February 2016: AED 80,000 a yearNew contract, January 2017: AED 80,000 a yearNew contract, January 2019: AED 65,000 a yearNew contract, February 2020: AED 55,000 a yearRenewal, February 2021: AED 48,000 a yearRenewal, February 2022: AED 48,000 a yearRenewal, March 2023: AED 55,159 a yearRenewal, February 2024: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Executive Tower J (West Heights 4), and where 1502 sits

All 26 studios →

1502 last sold in April 2013 at AED 1,020 per sqft, in line with what studios in Executive Tower J (West Heights 4) were fetching at the time (AED 995). Over the last 12 months studios sold for AED 1,300,000, around AED 1,761 per sqft, and rent for AED 50,000 to 100,000 a year. 1502's AED 60,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Dec 20251,300,000
11 Mar 20251,020,000
1 Aug 2024801,000
10 Jun 2024975,000
1 studio sale 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 125K /yr
Typical yield
6.1%
Executive Tower J (West Heights 4), Business Bay: prices, sales and rents →
Value
15011-bedAED 975K · Jun 2021
15031-bedAED 1.2M · Jan 2018
15041-bedAED 1.05M · Feb 2023
1505StudioAED 1.03M · Aug 2013
15061-bedAED 700K · Mar 2024

1502, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 31 March 2013 for AED 770,000, last on 21 April 2013 for AED 753,000 (AED 1,020 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2022 and recovered to AED 60,000 by February 2024.
  • At AED 60,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • Studios in Executive Tower J (West Heights 4) sold for AED 1,300,000–1,300,000 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 29 February 2024.

Questions about 1502, Executive Tower J (West Heights 4)

What did unit 1502 last sell for?

AED 753,000 on 21 April 2013: AED 1,020 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 770,000 in March 2013.

What is the rent for unit 1502?

AED 60,000 a year on the contract renewed on 29 February 2024. The previous contract, from March 2023, was AED 55,159; the unit has been rented since November 2014.

How big is unit 1502?

738 sqft (68.6 sqm): a studio on the 15th floor of a 41-storey tower completed in 2009.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower J (West Heights 4) sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,761 per sqft.

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Mortgage on 1502, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 753K, 21 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 753,000
Deposit, UAE resident (20%)
AED 150,600
Deposit, non-resident (40%)
AED 301,200
Monthly over 25 years at 3.7%
AED 3,081

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