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

309, Executive Tower J (West Heights 4)

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

Unit 309 · DLD and Ejari recordsUpdated 11 October 2016
Last soldAED 2.75M11 October 2016
Current rentAED 200K /yr25 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Executive Tower J (West Heights 4)

What is 309 worth today?

Last sold for AED 2,750,000 in 2016

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11 Oct 2016SoldReady
AED 2,750,000AED 1,247 per sqft
25 Sep 2015RentedRenewal
AED 200,000/yr12 months · AED 91 per sqft
25 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 91 per sqft
11 May 2010Sold by developerReady
AED 1,618,200AED 733 per sqft

Source: Dubai Land Department. Updated 11 October 2016.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
3rd of 41
Parking
JB - 11 & 12
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.75M · October 2016

About 309, Executive Tower J (West Heights 4)

309 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 11 October 2016 for AED 2,750,000, or AED 1,247 per sqft, in line with the AED 1,258 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 25 September 2015, is AED 200,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 34,500 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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 1,618,200 (AED 733 per sqft)Sold, October 2016: AED 2,750,000 (AED 1,247 per sqft)

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

Rents
Unit 309, 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, September 2014: AED 200,000 a yearRenewal, September 2015: AED 200,000 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 309 sits

All 66 3-beds →

309 last sold in October 2016 at AED 1,247 per sqft, in line with what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,258). 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. 309's AED 200,000 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
3013-bedAED 2.65M · May 2018
3023-bedAED 2.8M · Mar 2016
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
1–7 of 9

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

  • Sold twice: first on 11 May 2010 for AED 1,618,200, last on 11 October 2016 for AED 2,750,000 (AED 1,247 per sqft).
  • Rented since September 2014 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2016 price is 7.3%, 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 11 October 2016.

Questions about 309, Executive Tower J (West Heights 4)

What did unit 309 last sell for?

AED 2,750,000 on 11 October 2016: AED 1,247 per sqft for 2,205 sqft. The unit has 2 registered sales; the first was AED 1,618,200 in May 2010.

What is the rent for unit 309?

AED 200,000 a year on the contract renewed on 25 September 2015. The previous contract, from September 2014, was AED 200,000.

How big is unit 309?

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 309 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 309, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 2.75M, 11 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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