2-bed · 1,580 sqftExecutive Tower J (West Heights 4), Business Bay · 27th floor · completed 2009

2708, Executive Tower J (West Heights 4)

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

Unit 2708 · DLD and Ejari recordsUpdated 6 April 2016
Last soldAED 2.36M18 December 2014
Current rentAED 108K /yr6 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2708, Executive Tower J (West Heights 4)

What is 2708 worth today?

Last sold for AED 2,360,000 in 2014

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6 Apr 2016RentedRenewal
AED 107,500/yr12 months · AED 68 per sqft
6 Apr 2015RentedNew contract
AED 102,350/yr12 months · AED 65 per sqft
18 Dec 2014SoldReady
AED 2,360,000AED 1,493 per sqft
6 Apr 2014RentedNew contract
AED 89,000/yr12 months · AED 56 per sqft
18 May 2010Sold by developerReady
AED 1,299,375AED 822 per sqft

Source: Dubai Land Department. Updated 6 April 2016.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
27th of 41
Parking
JG - 59
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 2.36M · December 2014

About 2708, Executive Tower J (West Heights 4)

2708 is a two-bedroom apartment of 1,580 sqft on the 27th 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 18 December 2014 for AED 2,360,000, or AED 1,493 per sqft, in line with the AED 1,493 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 6 April 2016, is AED 107,500 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 24,700 a year.

Sales and rents for 2708 over time

Sales
Unit 2708, each saleTypical two-bed in Executive Tower J (West Heights 4)
1.5M2M2.5M2010201520202025Typical sale price by year: 2010 AED 1,495,000; 2011 AED 1,495,000; 2012 AED 1,347,300; 2013 AED 1,775,000; 2014 AED 2,170,000; 2015 AED 2,162,500; 2016 AED 1,900,000; 2017 AED 1,863,125; 2019 AED 1,285,000; 2020 AED 1,362,500; 2021 AED 1,500,000; 2022 AED 1,552,500; 2023 AED 1,600,000; 2024 AED 2,100,000; 2025 AED 2,118,000; 2026 AED 2,250,000Sold by developer, May 2010: AED 1,299,375 (AED 822 per sqft)Sold, December 2014: AED 2,360,000 (AED 1,493 per sqft)

2708 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2708, each contractTypical two-bed in Executive Tower J (West Heights 4)
100K150K2013201720212025Typical rent by year: 2013 AED 98,000; 2014 AED 120,000; 2015 AED 131,500; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 95,000; 2020 AED 82,500; 2021 AED 80,000; 2022 AED 89,500; 2023 AED 109,000; 2024 AED 125,894; 2025 AED 135,000; 2026 AED 140,000New contract, April 2014: AED 89,000 a yearNew contract, April 2015: AED 102,350 a yearRenewal, April 2016: AED 107,500 a year

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

2-beds in Executive Tower J (West Heights 4), and where 2708 sits

All 92 2-beds →

2708 last sold in December 2014 at AED 1,493 per sqft, in line with what two-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,493). Over the last 12 months two-beds sold for AED 2,060,000 to 2,589,000, around AED 1,479 per sqft, and rent for AED 100,000 to 175,000 a year. 2708's AED 107,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Sep 20262,109,000
6 Jul 20262,589,000
2 Jul 20262,330,000
1 Jul 20262,132,003
7 2-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
27012-bedAED 2.36M · Dec 2014
27022-bedAED 1.3M · May 2010
27032-bedAED 1.22M · May 2010
27042-bedAED 2.15M · Dec 2014
27052-bedAED 2.15M · Dec 2014
27062-bedAED 2.15M · Dec 2014
27072-bedAED 2.36M · Dec 2014

2708, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 18 May 2010 for AED 1,299,375, last on 18 December 2014 for AED 2,360,000 (AED 1,493 per sqft).
  • Rented since April 2014 on 3 Ejari contracts, from AED 89,000 to AED 107,500 a year.
  • At AED 107,500 a year the gross yield on the 2014 price is 4.6%, before a service charge of about AED 24,700 a year (AED 15.66 per sqft).
  • Two-beds in Executive Tower J (West Heights 4) sold for AED 2,060,000–2,589,000 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 6 April 2016.

Questions about 2708, Executive Tower J (West Heights 4)

What did unit 2708 last sell for?

AED 2,360,000 on 18 December 2014: AED 1,493 per sqft for 1,580 sqft. The unit has 2 registered sales; the first was AED 1,299,375 in May 2010.

What is the rent for unit 2708?

AED 107,500 a year on the contract renewed on 6 April 2016. The previous contract, from April 2015, was AED 102,350; the unit has been rented since April 2014.

How big is unit 2708?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 27th floor of a 41-storey tower completed in 2009.

What is unit 2708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower J (West Heights 4) sold for AED 2,060,000 to 2,589,000 in the last 12 months, around AED 1,479 per sqft.

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Mortgage on 2708, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 2.36M, 18 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

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