2-bed · 1,441 sqftExecutive Tower J (West Heights 4), Business Bay · 28th floor · completed 2009

2801, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in October 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2801 · DLD and Ejari recordsUpdated 30 October 2019
Last soldAED 1.3M30 October 2019
Current rentAED 100K /yr1 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2801, Executive Tower J (West Heights 4)

What is 2801 worth today?

Last sold for AED 1,300,000 in 2019

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30 Oct 2019SoldReady
AED 1,300,000AED 902 per sqft
1 Sep 2018RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
1 Apr 2016RentedRenewal
AED 130,000/yr12 months · AED 90 per sqft
1 Apr 2015RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
13 May 2010Sold by developerReady
AED 1,560,000AED 1,082 per sqft

Source: Dubai Land Department. Updated 30 October 2019.

Key facts

Type
2-bed apartment
Size
1,441 sqft
Floor
28th of 41
Parking
JG - 60
Developer
Dubai Properties
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 1.3M · October 2019

About 2801, Executive Tower J (West Heights 4)

2801 is a two-bedroom apartment of 1,441 sqft on the 28th 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 30 October 2019 for AED 1,300,000, or AED 902 per sqft, 6% above the AED 848 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 1 September 2018, is AED 100,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 22,600 a year.

Sales and rents for 2801 over time

Sales
Unit 2801, each saleTypical two-bed in Executive Tower J (West Heights 4)
1.5M2M2010201520202025Typical 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 1,560,000 (AED 1,082 per sqft)Sold, October 2019: AED 1,300,000 (AED 902 per sqft)

2801 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2801, 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 2015: AED 135,000 a yearRenewal, April 2016: AED 130,000 a yearNew contract, September 2018: AED 100,000 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 2801 sits

All 92 2-beds →

2801 last sold in October 2019 at AED 902 per sqft, 6% above what two-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 848). 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. 2801's AED 100,000 is at the bottom 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
28022-bedAED 1.58M · May 2023
28032-bedAED 1.07M · Nov 2011
28042-bedAED 850K · Oct 2020

2801, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 13 May 2010 for AED 1,560,000, last on 30 October 2019 for AED 1,300,000 (AED 902 per sqft).
  • Rented since April 2015 on 3 Ejari contracts, from AED 135,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 22,600 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 30 October 2019.

Questions about 2801, Executive Tower J (West Heights 4)

What did unit 2801 last sell for?

AED 1,300,000 on 30 October 2019: AED 902 per sqft for 1,441 sqft. The unit has 2 registered sales; the first was AED 1,560,000 in May 2010.

What is the rent for unit 2801?

AED 100,000 a year on the contract signed on 1 September 2018. The previous contract, from April 2016, was AED 130,000; the unit has been rented since April 2015.

How big is unit 2801?

1,441 sqft (133.9 sqm): a two-bedroom apartment on the 28th floor of a 41-storey tower completed in 2009.

What is unit 2801 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 2801, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 1.3M, 30 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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