1-bed · 1,155 sqftExecutive Tower J (West Heights 4), Business Bay · 5th floor · completed 2009

506, Executive Tower J (West Heights 4)

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 872K21 September 2010
Current rentAED 100K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Executive Tower J (West Heights 4)

What is 506 worth today?

Last sold for AED 871,560 in 2010

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1 Jun 2024RentedNew contract
AED 100,000/yr12 months · AED 87 per sqft
10 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 56 per sqft
23 Oct 2020RentedNew contract
AED 55,000/yr13 months · AED 48 per sqft
1 Aug 2019RentedRenewal
AED 76,000/yr12 months · AED 66 per sqft
1 Aug 2018RentedNew contract
AED 78,000/yr12 months · AED 68 per sqft
21 Sep 2010Sold by developerReady
AED 871,560AED 754 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
1,155 sqft
Floor
5th of 41
Parking
JB - 36
Developer
Dubai Properties
Completed
2009
Service charge
AED 18,100 /yr
Last sold
AED 872K · September 2010

About 506, Executive Tower J (West Heights 4)

506 is a one-bedroom apartment of 1,155 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. The developer sold it on 21 September 2010 for AED 871,560, or AED 754 per sqft, 4% below the AED 787 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 June 2024, is AED 100,000 a year: a gross yield of 11.5% on the 2010 price, before the service charge of about AED 18,100 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Executive Tower J (West Heights 4)
500K1M1.5M2010201520202025Typical sale price by year: 2010 AED 929,750; 2011 AED 1,050,000; 2012 AED 925,000; 2013 AED 1,380,000; 2014 AED 1,600,000; 2015 AED 592,500; 2016 AED 1,397,500; 2017 AED 1,370,000; 2018 AED 1,197,500; 2020 AED 850,000; 2021 AED 984,000; 2022 AED 1,037,500; 2023 AED 1,093,311; 2024 AED 1,282,500; 2025 AED 1,500,000; 2026 AED 1,616,311Sold by developer, September 2010: AED 871,560 (AED 754 per sqft)

506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, each contractTypical one-bed in Executive Tower J (West Heights 4)
50K75K100K2013201720212025Typical rent by year: 2013 AED 86,500; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 82,000; 2019 AED 76,000; 2020 AED 62,000; 2021 AED 60,000; 2022 AED 65,550; 2023 AED 80,000; 2024 AED 86,500; 2025 AED 100,000; 2026 AED 95,000New contract, August 2018: AED 78,000 a yearRenewal, August 2019: AED 76,000 a yearNew contract, October 2020: AED 55,000 a yearNew contract, January 2022: AED 65,000 a yearNew contract, June 2024: AED 100,000 a year

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

1-beds in Executive Tower J (West Heights 4), and where 506 sits

All 53 1-beds →

506 last sold in September 2010 at AED 754 per sqft, 4% below what one-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 787). Over the last 12 months one-beds sold for AED 1,575,000 to 1,715,508, around AED 1,399 per sqft, and rent for AED 80,000 to 120,750 a year. 506's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,616,311
1 Jul 20261,616,311
5 Jun 20261,715,508
10 Feb 20261,580,000
5 1-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
5023-bedAED 3.04M · Jul 2024
5031-bedAED 850K · Feb 2020
504StudioAED 850K · Dec 2023
5051-bedAED 975K · Jun 2021
507StudioAED 284K · Aug 2010
5081-bedAED 1.4M · Oct 2024
1–7 of 9

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

  • Sold once: by Dubai Properties on 21 September 2010 for AED 871,560, or AED 754 per sqft.
  • Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2020 and recovered to AED 100,000 by June 2024.
  • At AED 100,000 a year the gross yield on the 2010 price is 11.5%, before a service charge of about AED 18,100 a year (AED 15.66 per sqft).
  • One-beds in Executive Tower J (West Heights 4) sold for AED 1,575,000–1,715,508 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 1 June 2024.

Questions about 506, Executive Tower J (West Heights 4)

What did unit 506 last sell for?

AED 871,560 on 21 September 2010, sold by the developer: AED 754 per sqft for 1,155 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 100,000 a year on the contract signed on 1 June 2024. The previous contract, from January 2022, was AED 65,000; the unit has been rented since August 2018.

How big is unit 506?

1,155 sqft (107.3 sqm): a one-bedroom apartment on the 5th floor of a 41-storey tower completed in 2009.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Tower J (West Heights 4) sold for AED 1,575,000 to 1,715,508 in the last 12 months, around AED 1,399 per sqft.

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Mortgage on 506, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 872K, 21 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 871,560
Deposit, UAE resident (20%)
AED 174,312
Deposit, non-resident (40%)
AED 348,624
Monthly over 25 years at 3.7%
AED 3,566

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