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

1608, Executive Tower J (West Heights 4)

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 1.69M4 May 2010
Current rentAED 175K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Executive Tower J (West Heights 4)

What is 1608 worth today?

Last sold for AED 1,691,280 in 2010

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15 Jun 2024RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
15 Jun 2023RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
15 Jun 2022RentedRenewal
AED 138,000/yr12 months · AED 63 per sqft
15 Jun 2021RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
15 Jun 2020RentedRenewal
AED 125,000/yr12 months · AED 57 per sqft
15 Jun 2019RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
15 Jun 2018RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
15 Jun 2017RentedRenewal
AED 165,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
3-bed apartment
Size
2,200 sqft
Floor
16th of 41
Parking
JM - 48 & 49
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 1.69M · May 2010

About 1608, Executive Tower J (West Heights 4)

1608 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. The developer sold it on 4 May 2010 for AED 1,691,280, or AED 768 per sqft, 7% below the AED 828 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 175,000 a year: a gross yield of 10.3% on the 2010 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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, May 2010: AED 1,691,280 (AED 768 per sqft)

1608 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1608, 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, June 2014: AED 154,571 a yearNew contract, June 2015: AED 165,000 a yearRenewal, June 2016: AED 165,000 a yearRenewal, June 2017: AED 165,000 a yearRenewal, June 2018: AED 155,000 a yearRenewal, June 2019: AED 135,000 a yearRenewal, June 2020: AED 125,000 a yearRenewal, June 2021: AED 125,000 a yearRenewal, June 2022: AED 138,000 a yearRenewal, June 2023: AED 155,000 a yearRenewal, June 2024: AED 175,000 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 1608 sits

All 66 3-beds →

1608 last sold in May 2010 at AED 768 per sqft, 7% below what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 828). 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. 1608's AED 175,000 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
16013-bedAED 3.05M · Dec 2023
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

1608, Executive Tower J (West Heights 4) in numbers

  • Sold once: by Dubai Properties on 4 May 2010 for AED 1,691,280, or AED 768 per sqft.
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 154,571 to AED 125,000 in 2021 and recovered to AED 175,000 by June 2024.
  • At AED 175,000 a year the gross yield on the 2010 price is 10.3%, 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 15 June 2024.

Questions about 1608, Executive Tower J (West Heights 4)

What did unit 1608 last sell for?

AED 1,691,280 on 4 May 2010, sold by the developer: AED 768 per sqft for 2,200 sqft. It is the only registered sale of the unit.

What is the rent for unit 1608?

AED 175,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 155,000; the unit has been rented since June 2014.

How big is unit 1608?

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 1608 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 1608, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 1.69M, 4 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,691,280
Deposit, UAE resident (20%)
AED 338,256
Deposit, non-resident (40%)
AED 676,512
Monthly over 25 years at 3.7%
AED 6,920

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