3-bed · 2,205 sqftExecutive Tower J (West Heights 4), Business Bay · 3rd floor · completed 2009

302, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in March 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 17 March 2016
Last soldAED 2.8M17 March 2016
Current rentAED 170K /yr15 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Executive Tower J (West Heights 4)

What is 302 worth today?

Last sold for AED 2,800,000 in 2016

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17 Mar 2016SoldReady
AED 2,800,000AED 1,269 per sqft
15 May 2015RentedRenewal
AED 170,000/yr12 months · AED 77 per sqft
15 May 2014RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
17 Apr 2013Sold by developerReady
AED 1,618,200AED 733 per sqft

Source: Dubai Land Department. Updated 17 March 2016.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
3rd of 41
Parking
JB - 3 & 4
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.8M · March 2016

About 302, Executive Tower J (West Heights 4)

302 is a three-bedroom apartment of 2,205 sqft on the 3rd 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 17 March 2016 for AED 2,800,000, or AED 1,269 per sqft, 7% above the AED 1,182 three-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, renewed on 15 May 2015, is AED 170,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 34,500 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, April 2013: AED 1,618,200 (AED 733 per sqft)Sold, March 2016: AED 2,800,000 (AED 1,269 per sqft)

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

Rents
Unit 302, 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 170,000 a yearRenewal, May 2015: AED 170,000 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 302 sits

All 66 3-beds →

302 last sold in March 2016 at AED 1,269 per sqft, 7% above what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,182). 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. 302's AED 170,000 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 130K /yr
Typical yield
6.1%
Executive Tower J (West Heights 4), Business Bay: prices, sales and rents →
Value
3013-bedAED 2.65M · May 2018
3031-bedAED 1.46M · Oct 2025
304StudioAED 543K · May 2010
3051-bedAED 1.43M · Aug 2016
3061-bedAED 1.02M · Oct 2018
307StudioAED 600K · Sep 2020
3081-bedAED 1.04M · Jan 2019
1–7 of 9

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

  • Sold twice: first on 17 April 2013 for AED 1,618,200, last on 17 March 2016 for AED 2,800,000 (AED 1,269 per sqft).
  • Rented since May 2014 on 2 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2016 price is 6.1%, 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 17 March 2016.

Questions about 302, Executive Tower J (West Heights 4)

What did unit 302 last sell for?

AED 2,800,000 on 17 March 2016: AED 1,269 per sqft for 2,205 sqft. The unit has 2 registered sales; the first was AED 1,618,200 in April 2013.

What is the rent for unit 302?

AED 170,000 a year on the contract renewed on 15 May 2015. The previous contract, from May 2014, was AED 170,000.

How big is unit 302?

2,205 sqft (204.9 sqm): a three-bedroom apartment on the 3rd floor of a 41-storey tower completed in 2009.

What is unit 302 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 302, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 2.8M, 17 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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