Studio · 738 sqftExecutive Tower J (West Heights 4), Business Bay · 5th floor · completed 2009

504, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 December 2023
Last soldAED 850K15 December 2023
Current rentAED 80K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Executive Tower J (West Heights 4)

What is 504 worth today?

Last sold for AED 850,000 in 2023

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15 Dec 2023SoldReady
AED 850,000AED 1,151 per sqft
1 Jul 2023RentedNew contract
AED 80,040/yr5 months · AED 108 per sqft
1 Jul 2022RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
25 Apr 2020RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
1 May 2019RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
10 Mar 2017RentedNew contract
AED 77,000/yr12 months · AED 104 per sqft
19 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
4 Dec 2014RentedNew contract
AED 82,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 15 December 2023.

Key facts

Type
Studio apartment
Size
738 sqft
Floor
5th of 41
Parking
JB - 34
Developer
Dubai Properties
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 850K · December 2023

About 504, Executive Tower J (West Heights 4)

504 is a studio of 738 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 15 December 2023 for AED 850,000, or AED 1,151 per sqft, 3% above the AED 1,117 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 July 2023, is AED 80,040 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical studio in Executive Tower J (West Heights 4)
500K750K1M2010201420182022Typical sale price by year: 2010 AED 588,000; 2011 AED 554,750; 2012 AED 662,300; 2013 AED 980,000; 2014 AED 1,100,000; 2017 AED 970,000; 2022 AED 660,000; 2023 AED 837,500Sold by developer, July 2010: AED 567,000 (AED 768 per sqft)Sold, December 2023: AED 850,000 (AED 1,151 per sqft)

504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 504, each contractTypical studio in Executive Tower J (West Heights 4)
60K80K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 80,000; 2015 AED 80,000; 2016 AED 81,773; 2017 AED 79,572; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 47,000; 2021 AED 47,500; 2022 AED 55,448; 2023 AED 69,775; 2024 AED 72,500; 2025 AED 75,000; 2026 AED 74,250New contract, December 2014: AED 82,000 a yearNew contract, December 2015: AED 80,000 a yearNew contract, March 2017: AED 77,000 a yearNew contract, May 2019: AED 65,000 a yearNew contract, April 2020: AED 60,000 a yearNew contract, July 2022: AED 65,000 a yearNew contract, July 2023: AED 80,040 a year

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

Studios in Executive Tower J (West Heights 4), and where 504 sits

All 26 studios →

504 last sold in December 2023 at AED 1,151 per sqft, 3% above what studios in Executive Tower J (West Heights 4) were fetching at the time (AED 1,117). Over the last 12 months studios sold for AED 1,300,000, around AED 1,761 per sqft, and rent for AED 50,000 to 100,000 a year. 504's AED 80,040 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Dec 20251,300,000
11 Mar 20251,020,000
1 Aug 2024801,000
10 Jun 2024975,000
1 studio sale 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
5023-bedAED 3.04M · Jul 2024
5031-bedAED 850K · Feb 2020
5051-bedAED 975K · Jun 2021
5061-bedAED 872K · Sep 2010
507StudioAED 284K · Aug 2010
5081-bedAED 1.4M · Oct 2024
1–7 of 9

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

  • Sold twice: first on 13 July 2010 for AED 567,000, last on 15 December 2023 for AED 850,000 (AED 1,151 per sqft).
  • Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 82,000 to AED 60,000 in 2020 and recovered to AED 80,040 by July 2023.
  • At AED 80,040 a year the gross yield on the 2023 price is 9.4%, before a service charge of about AED 11,600 a year (AED 15.66 per sqft).
  • Studios in Executive Tower J (West Heights 4) sold for AED 1,300,000–1,300,000 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 15 December 2023.

Questions about 504, Executive Tower J (West Heights 4)

What did unit 504 last sell for?

AED 850,000 on 15 December 2023: AED 1,151 per sqft for 738 sqft. The unit has 2 registered sales; the first was AED 567,000 in July 2010.

What is the rent for unit 504?

AED 80,040 a year on the contract signed on 1 July 2023. The previous contract, from July 2022, was AED 65,000; the unit has been rented since December 2014.

How big is unit 504?

738 sqft (68.6 sqm): a studio on the 5th floor of a 41-storey tower completed in 2009.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower J (West Heights 4) sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,761 per sqft.

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Mortgage on 504, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 850K, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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