3-bed · 2,198 sqftExecutive Tower J (West Heights 4), Business Bay · 17th floor · completed 2009

1702, Executive Tower J (West Heights 4)

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

Unit 1702 · DLD and Ejari recordsUpdated 1 May 2014
Last soldAED 3.15M1 July 2013
Current rentAED 185K /yr1 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Executive Tower J (West Heights 4)

What is 1702 worth today?

Last sold for AED 3,150,000 in 2013

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1 May 2014RentedNew contract
AED 185,000/yr12 months · AED 84 per sqft
1 Jul 2013SoldReady
AED 3,150,000AED 1,433 per sqft
4 Oct 2010Sold by developerReady
AED 2,090,000AED 950 per sqft

Source: Dubai Land Department. Updated 1 May 2014.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
17th of 41
Parking
JM - 52 & 53
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,400 /yr
Last sold
AED 3.15M · July 2013

About 1702, Executive Tower J (West Heights 4)

1702 is a three-bedroom apartment of 2,198 sqft on the 17th 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 July 2013 for AED 3,150,000, or AED 1,433 per sqft, 47% above the AED 975 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2014. The current contract, signed on 1 May 2014, is AED 185,000 a year: a gross yield of 5.9% on the 2013 price, before the service charge of about AED 34,400 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, October 2010: AED 2,090,000 (AED 950 per sqft)Sold, July 2013: AED 3,150,000 (AED 1,433 per sqft)

1702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, 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, May 2014: AED 185,000 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 1702 sits

All 66 3-beds →

1702 last sold in July 2013 at AED 1,433 per sqft, 47% above what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 975). 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. 1702's AED 185,000 is in the upper 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
17013-bedAED 2.3M · May 2010
17032-bedAED 1.32M · Jul 2010
17042-bedAED 2.33M · Jul 2026
17052-bedAED 1.22M · Jun 2010
17062-bedAED 1.65M · Oct 2023
17073-bedAED 2.19M · Nov 2010
17083-bedAED 1.95M · Oct 2019

1702, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 4 October 2010 for AED 2,090,000, last on 1 July 2013 for AED 3,150,000 (AED 1,433 per sqft).
  • Rented since May 2014 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2013 price is 5.9%, before a service charge of about AED 34,400 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 May 2014.

Questions about 1702, Executive Tower J (West Heights 4)

What did unit 1702 last sell for?

AED 3,150,000 on 1 July 2013: AED 1,433 per sqft for 2,198 sqft. The unit has 2 registered sales; the first was AED 2,090,000 in October 2010.

What is the rent for unit 1702?

AED 185,000 a year on the contract signed on 1 May 2014.

How big is unit 1702?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 17th floor of a 41-storey tower completed in 2009.

What is unit 1702 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 1702, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 3.15M, 1 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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