Penthouse · 2,492 sqftExecutive Tower J (West Heights 4), Business Bay · 40th floor · completed 2009

4003, Executive Tower J (West Heights 4)

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 2.65M27 December 2023
Current rentAED 160K /yr8 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Executive Tower J (West Heights 4)

What is 4003 worth today?

Last sold for AED 2,650,000 in 2023

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27 Dec 2023SoldReady
AED 2,650,000AED 1,063 per sqft
8 Dec 2022RentedRenewal
AED 160,000/yr12 months · AED 64 per sqft
8 Dec 2021RentedNew contract
AED 150,000/yr12 months · AED 60 per sqft
23 Aug 2021RentedNew contract
AED 150,000/yr12 months · AED 60 per sqft
8 Jul 2020RentedRenewal
AED 150,000/yr12 months · AED 60 per sqft
8 Jul 2019RentedRenewal
AED 150,000/yr12 months · AED 60 per sqft
8 Jul 2018RentedNew contract
AED 165,000/yr12 months · AED 66 per sqft
31 Mar 2014SoldReady
AED 3,150,000AED 1,264 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
Penthouse apartment
Size
2,492 sqft
Floor
40th of 41
Parking
JG - 41 & 42
Developer
Dubai Properties
Completed
2009
Service charge
AED 39,000 /yr
Last sold
AED 2.65M · December 2023

About 4003, Executive Tower J (West Heights 4)

4003 is a penthouse of 2,492 sqft on the 40th 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 27 December 2023 for AED 2,650,000, or AED 1,063 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 8 December 2022, is AED 160,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 39,000 a year.

Sales and rents for 4003 over time

Rents
Unit 4003, each contractTypical penthouse in Executive Tower J (West Heights 4)
200K300K2013201620192022Typical rent by year: 2016 AED 200,000; 2021 AED 156,250; 2022 AED 280,000New contract, December 2013: AED 135,000 a yearNew contract, July 2018: AED 165,000 a yearRenewal, July 2019: AED 150,000 a yearRenewal, July 2020: AED 150,000 a yearNew contract, August 2021: AED 150,000 a yearNew contract, December 2021: AED 150,000 a yearRenewal, December 2022: AED 160,000 a year

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

Penthouses in Executive Tower J (West Heights 4), and where 4003 sits

All 6 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
4 Mar 20248,300,000
5 Feb 20243,300,000
2 Jan 20183,250,000
27 Nov 20144,100,000
0 penthouse 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
4001PenthouseAED 4.1M · Nov 2014
4002PenthouseAED 3.3M · Feb 2024
4004PenthouseAED 3.25M · Jan 2018

4003, Executive Tower J (West Heights 4) in numbers

  • Sold 3 times: first on 17 May 2010 for AED 2,380,000, last on 27 December 2023 for AED 2,650,000 (AED 1,063 per sqft).
  • Rented since December 2013 on 7 Ejari contracts, from AED 135,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 39,000 a year (AED 15.66 per sqft).

Source: Dubai Land Department. Updated 27 December 2023.

Questions about 4003, Executive Tower J (West Heights 4)

What did unit 4003 last sell for?

AED 2,650,000 on 27 December 2023: AED 1,063 per sqft for 2,492 sqft. The unit has 3 registered sales; the first was AED 2,380,000 in May 2010.

What is the rent for unit 4003?

AED 160,000 a year on the contract renewed on 8 December 2022. The previous contract, from December 2021, was AED 150,000; the unit has been rented since December 2013.

How big is unit 4003?

2,492 sqft (231.5 sqm): a penthouse on the 40th floor of a 41-storey tower completed in 2009.

What is unit 4003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4003, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 2.65M, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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