3-bed · 2,205 sqftExecutive Tower J (West Heights 4), Business Bay · 5th floor · completed 2009

502, Executive Tower J (West Heights 4)

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 3.04M9 July 2024
Current rentAED 175K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Executive Tower J (West Heights 4)

What is 502 worth today?

Last sold for AED 3,040,000 in 2024

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9 Jul 2024SoldReady
AED 3,040,000AED 1,378 per sqft
15 Sep 2023RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
15 Sep 2022RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
15 Sep 2021RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
1 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
1 Jun 2020RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
1 Jun 2019RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
11 May 2018RentedRenewal
AED 160,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
5th of 41
Parking
JB - 31 & 32
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 3.04M · July 2024

About 502, Executive Tower J (West Heights 4)

502 is a three-bedroom apartment of 2,205 sqft on the 5th 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 9 July 2024 for AED 3,040,000, or AED 1,378 per sqft, in line with the AED 1,378 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 175,000 a year: a gross yield of 5.8% on the 2024 price, before the service charge of about AED 34,500 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, September 2010: AED 1,846,050 (AED 837 per sqft)Sold, December 2010: AED 1,500,000 (AED 680 per sqft)Sold, May 2014: AED 3,200,000 (AED 1,451 per sqft)Sold, July 2024: AED 3,040,000 (AED 1,378 per sqft)

502 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 502, 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, April 2015: AED 170,000 a yearNew contract, April 2016: AED 170,000 a yearNew contract, May 2017: AED 165,000 a yearRenewal, May 2018: AED 160,000 a yearNew contract, June 2019: AED 130,000 a yearRenewal, June 2020: AED 120,000 a yearRenewal, June 2021: AED 120,000 a yearNew contract, September 2021: AED 135,000 a yearRenewal, September 2022: AED 145,000 a yearRenewal, September 2023: AED 175,000 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 502 sits

All 66 3-beds →

502 last sold in July 2024 at AED 1,378 per sqft, in line with what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,378). 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. 502's AED 175,000 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 128K /yr
Typical yield
6.1%
Executive Tower J (West Heights 4), Business Bay: prices, sales and rents →
Value
5013-bedAED 2.19M · Mar 2011
5031-bedAED 850K · Feb 2020
504StudioAED 850K · Dec 2023
5051-bedAED 975K · Jun 2021
5061-bedAED 872K · Sep 2010
507StudioAED 284K · Aug 2010
5081-bedAED 1.4M · Oct 2024
1–7 of 9

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

  • Sold 4 times: first on 7 September 2010 for AED 1,846,050, last on 9 July 2024 for AED 3,040,000 (AED 1,378 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 175,000 by September 2023.
  • At AED 175,000 a year the gross yield on the 2024 price is 5.8%, 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 9 July 2024.

Questions about 502, Executive Tower J (West Heights 4)

What did unit 502 last sell for?

AED 3,040,000 on 9 July 2024: AED 1,378 per sqft for 2,205 sqft. The unit has 4 registered sales; the first was AED 1,846,050 in September 2010.

What is the rent for unit 502?

AED 175,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 145,000; the unit has been rented since April 2015.

How big is unit 502?

2,205 sqft (204.9 sqm): a three-bedroom apartment on the 5th floor of a 41-storey tower completed in 2009.

What is unit 502 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 502, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 3.04M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,040,000
Deposit, UAE resident (20%)
AED 608,000
Deposit, non-resident (40%)
AED 1,216,000
Monthly over 25 years at 3.7%
AED 12,438

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