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

509, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 21 September 2023
Last soldAED 2.55M21 September 2023
Current rentAED 137K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Executive Tower J (West Heights 4)

What is 509 worth today?

Last sold for AED 2,550,000 in 2023

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21 Sep 2023SoldReady
AED 2,550,000AED 1,156 per sqft
1 Oct 2022RentedRenewal
AED 136,500/yr12 months · AED 62 per sqft
1 Apr 2022RentedRenewal
AED 130,000/yr6 months · AED 59 per sqft
1 Apr 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
1 Dec 2020RentedRenewal
AED 131,059/yr4 months · AED 59 per sqft
1 Dec 2019RentedRenewal
AED 145,000/yr12 months · AED 66 per sqft
1 Dec 2018RentedNew contract
AED 145,000/yr12 months · AED 66 per sqft
23 Oct 2017RentedRenewal
AED 165,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 21 September 2023.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
5th of 41
Parking
JB - 39 & 40
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.55M · September 2023

About 509, Executive Tower J (West Heights 4)

509 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 21 September 2023 for AED 2,550,000, or AED 1,156 per sqft, in line with the AED 1,156 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 136,500 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 34,500 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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 1,935,000 (AED 877 per sqft)Sold, September 2023: AED 2,550,000 (AED 1,156 per sqft)

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

Rents
Unit 509, 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 2015: AED 180,000 a yearNew contract, October 2016: AED 165,000 a yearRenewal, October 2017: AED 165,000 a yearNew contract, December 2018: AED 145,000 a yearRenewal, December 2019: AED 145,000 a yearRenewal, December 2020: AED 131,059 a yearRenewal, April 2021: AED 130,000 a yearRenewal, April 2022: AED 130,000 a yearRenewal, October 2022: AED 136,500 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 509 sits

All 66 3-beds →

509 last sold in September 2023 at AED 1,156 per sqft, in line with what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,156). 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. 509's AED 136,500 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
5023-bedAED 3.04M · Jul 2024
5031-bedAED 850K · Feb 2020
504StudioAED 850K · Dec 2023
5051-bedAED 975K · Jun 2021
5061-bedAED 872K · Sep 2010
507StudioAED 284K · Aug 2010
1–7 of 9

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

  • Sold twice: first on 12 May 2010 for AED 1,935,000, last on 21 September 2023 for AED 2,550,000 (AED 1,156 per sqft).
  • Rented since September 2015 on 9 Ejari contracts, from AED 180,000 to AED 136,500 a year.
  • At AED 136,500 a year the gross yield on the 2023 price is 5.3%, 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 21 September 2023.

Questions about 509, Executive Tower J (West Heights 4)

What did unit 509 last sell for?

AED 2,550,000 on 21 September 2023: AED 1,156 per sqft for 2,205 sqft. The unit has 2 registered sales; the first was AED 1,935,000 in May 2010.

What is the rent for unit 509?

AED 136,500 a year on the contract renewed on 1 October 2022. The previous contract, from April 2022, was AED 130,000; the unit has been rented since September 2015.

How big is unit 509?

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 509 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 509, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 2.55M, 21 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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