1-bed · 1,155 sqftExecutive Tower J (West Heights 4), Business Bay · 15th floor · completed 2009

1503, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.2M4 January 2018
Current rentAED 90K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Executive Tower J (West Heights 4)

What is 1503 worth today?

Last sold for AED 1,200,000 in 2018

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1 Aug 2024RentedRenewal
AED 90,000/yr12 months · AED 78 per sqft
1 Aug 2023RentedNew contract
AED 90,000/yr12 months · AED 78 per sqft
1 May 2022RentedNew contract
AED 73,000/yr12 months · AED 63 per sqft
1 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 52 per sqft
28 Jul 2020RentedRenewal
AED 67,000/yr6 months · AED 58 per sqft
28 Jul 2019RentedNew contract
AED 67,000/yr12 months · AED 58 per sqft
4 Jan 2018SoldReady
AED 1,200,000AED 1,038 per sqft
19 Jul 2010Sold by developerReady
AED 1,185,000AED 1,025 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
1,155 sqft
Floor
15th of 41
Parking
JM - 34
Developer
Dubai Properties
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 1.2M · January 2018

About 1503, Executive Tower J (West Heights 4)

1503 is a one-bedroom apartment of 1,155 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 4 January 2018 for AED 1,200,000, or AED 1,038 per sqft, 12% below the AED 1,177 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 90,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Executive Tower J (West Heights 4)
500K1M1.5M2010201520202025Typical sale price by year: 2010 AED 929,750; 2011 AED 1,050,000; 2012 AED 925,000; 2013 AED 1,380,000; 2014 AED 1,600,000; 2015 AED 592,500; 2016 AED 1,397,500; 2017 AED 1,370,000; 2018 AED 1,197,500; 2020 AED 850,000; 2021 AED 984,000; 2022 AED 1,037,500; 2023 AED 1,093,311; 2024 AED 1,282,500; 2025 AED 1,500,000; 2026 AED 1,616,311Sold by developer, July 2010: AED 1,185,000 (AED 1,025 per sqft)Sold, January 2018: AED 1,200,000 (AED 1,038 per sqft)

1503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Executive Tower J (West Heights 4)
60K80K100K2013201720212025Typical rent by year: 2013 AED 86,500; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 82,000; 2019 AED 76,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 65,550; 2023 AED 80,000; 2024 AED 86,500; 2025 AED 100,000; 2026 AED 95,000New contract, July 2019: AED 67,000 a yearRenewal, July 2020: AED 67,000 a yearNew contract, November 2020: AED 60,000 a yearNew contract, May 2022: AED 73,000 a yearNew contract, August 2023: AED 90,000 a yearRenewal, August 2024: AED 90,000 a year

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

1-beds in Executive Tower J (West Heights 4), and where 1503 sits

All 53 1-beds →

1503 last sold in January 2018 at AED 1,038 per sqft, 12% below what one-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,177). Over the last 12 months one-beds sold for AED 1,575,000 to 1,715,508, around AED 1,399 per sqft, and rent for AED 80,000 to 120,750 a year. 1503's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,616,311
1 Jul 20261,616,311
5 Jun 20261,715,508
10 Feb 20261,580,000
5 1-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
15011-bedAED 975K · Jun 2021
1502StudioAED 753K · Apr 2013
15041-bedAED 1.05M · Feb 2023
1505StudioAED 1.03M · Aug 2013
15061-bedAED 700K · Mar 2024

1503, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 19 July 2010 for AED 1,185,000, last on 4 January 2018 for AED 1,200,000 (AED 1,038 per sqft).
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 67,000 to AED 60,000 in 2020 and recovered to AED 90,000 by August 2024.
  • At AED 90,000 a year the gross yield on the 2018 price is 7.5%, before a service charge of about AED 18,100 a year (AED 15.66 per sqft).
  • One-beds in Executive Tower J (West Heights 4) sold for AED 1,575,000–1,715,508 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 1 August 2024.

Questions about 1503, Executive Tower J (West Heights 4)

What did unit 1503 last sell for?

AED 1,200,000 on 4 January 2018: AED 1,038 per sqft for 1,155 sqft. The unit has 2 registered sales; the first was AED 1,185,000 in July 2010.

What is the rent for unit 1503?

AED 90,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 90,000; the unit has been rented since July 2019.

How big is unit 1503?

1,155 sqft (107.3 sqm): a one-bedroom apartment on the 15th floor of a 41-storey tower completed in 2009.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Tower J (West Heights 4) sold for AED 1,575,000 to 1,715,508 in the last 12 months, around AED 1,399 per sqft.

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Mortgage on 1503, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 1.2M, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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