3-bed · 2,200 sqftExecutive Tower J (West Heights 4), Business Bay · 16th floor · completed 2009

1601, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 3.05M1 December 2023
Current rentAED 130K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Executive Tower J (West Heights 4)

What is 1601 worth today?

Last sold for AED 3,050,000 in 2023

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1 Dec 2023SoldReady
AED 3,050,000AED 1,386 per sqft
15 Jun 2022RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
15 Jun 2021RentedRenewal
AED 122,500/yr12 months · AED 56 per sqft
15 Jun 2020RentedRenewal
AED 122,500/yr12 months · AED 56 per sqft
15 Jun 2019RentedRenewal
AED 132,500/yr12 months · AED 60 per sqft
15 Apr 2018RentedNew contract
AED 159,994/yr14 months · AED 73 per sqft
10 Apr 2015RentedNew contract
AED 163,000/yr12 months · AED 74 per sqft
10 Apr 2014RentedNew contract
AED 143,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
2,200 sqft
Floor
16th of 41
Parking
JM - 38 & 39
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 3.05M · December 2023

About 1601, Executive Tower J (West Heights 4)

1601 is a three-bedroom apartment of 2,200 sqft on the 16th 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 1 December 2023 for AED 3,050,000, or AED 1,386 per sqft, 18% above the AED 1,170 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 130,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, 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, July 2011: AED 1,691,280 (AED 768 per sqft)Sold, December 2023: AED 3,050,000 (AED 1,386 per sqft)

1601 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1601, 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, April 2013: AED 130,000 a yearNew contract, April 2014: AED 143,000 a yearNew contract, April 2015: AED 163,000 a yearNew contract, April 2018: AED 159,994 a yearRenewal, June 2019: AED 132,500 a yearRenewal, June 2020: AED 122,500 a yearRenewal, June 2021: AED 122,500 a yearRenewal, June 2022: AED 130,000 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 1601 sits

All 66 3-beds →

1601 last sold in December 2023 at AED 1,386 per sqft, 18% above what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,170). 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. 1601's AED 130,000 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
16023-bedAED 3.5M · Apr 2024
16032-bedAED 1.2M · Aug 2014
16042-bedAED 1.25M · Oct 2019
16052-bedAED 1M · Jun 2017
16062-bedAED 1.9M · Oct 2024
16073-bedAED 2.85M · Oct 2023
16083-bedAED 1.69M · May 2010

1601, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 12 July 2011 for AED 1,691,280, last on 1 December 2023 for AED 3,050,000 (AED 1,386 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, at AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 4.3%, 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 1 December 2023.

Questions about 1601, Executive Tower J (West Heights 4)

What did unit 1601 last sell for?

AED 3,050,000 on 1 December 2023: AED 1,386 per sqft for 2,200 sqft. The unit has 2 registered sales; the first was AED 1,691,280 in July 2011.

What is the rent for unit 1601?

AED 130,000 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 122,500; the unit has been rented since April 2013.

How big is unit 1601?

2,200 sqft (204.4 sqm): a three-bedroom apartment on the 16th floor of a 41-storey tower completed in 2009.

What is unit 1601 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 1601, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 3.05M, 1 December 2023). 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 →