3-bed · 2,198 sqftExecutive Tower K (West Heights 3), Business Bay · 12th floor · completed 2009

1201, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in January 2013, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 2 July 2013
Last soldAED 2.42M6 January 2013
Current rentAED 120K /yr2 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Executive Tower K (West Heights 3)

What is 1201 worth today?

Last sold for AED 2,417,800 in 2013

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2 Jul 2013RentedNew contract
AED 120,000/yr12 months · AED 55 per sqft
6 Jan 2013SoldReady
AED 2,417,800AED 1,100 per sqft
10 Dec 2012Sold by developerReady
AED 2,078,000AED 945 per sqft

Source: Dubai Land Department. Updated 2 July 2013.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
12th of 45
Parking
KB - 91 & 92
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.42M · January 2013

About 1201, Executive Tower K (West Heights 3)

1201 is a three-bedroom apartment of 2,198 sqft on the 12th floor of Executive Tower K (West Heights 3), a 45-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 6 January 2013 for AED 2,417,800, or AED 1,100 per sqft, 21% above the AED 907 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 July 2013. The current contract, signed on 2 July 2013, is AED 120,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in Executive Tower K (West Heights 3)
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,849,000; 2011 AED 2,005,000; 2012 AED 1,989,500; 2013 AED 2,900,500; 2014 AED 3,325,000; 2016 AED 2,950,000; 2017 AED 2,850,000; 2018 AED 2,475,000; 2019 AED 2,255,000; 2021 AED 2,250,000; 2022 AED 2,337,500; 2023 AED 2,640,000; 2024 AED 3,100,000; 2025 AED 3,600,000; 2026 AED 3,950,000Sold by developer, December 2012: AED 2,078,000 (AED 945 per sqft)Sold, January 2013: AED 2,417,800 (AED 1,100 per sqft)

1201 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in Executive Tower K (West Heights 3)
150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 152,500; 2019 AED 136,000; 2020 AED 123,000; 2021 AED 123,000; 2022 AED 135,000; 2023 AED 155,107; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 210,000New contract, July 2013: AED 120,000 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 K (West Heights 3), and where 1201 sits

All 64 3-beds →

1201 last sold in January 2013 at AED 1,100 per sqft, 21% above what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 907). Over the last 12 months three-beds sold for AED 3,750,000 to 4,100,000, around AED 1,798 per sqft, and rent for AED 176,195 to 280,000 a year. 1201's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,100,000
16 Sep 20263,900,000
16 Feb 20263,750,000
5 Jan 20264,000,000
4 3-bed sales in the last 12 months

Executive Tower K (West Heights 3)

Building

234 apartments, studios to 4-bed over 45 floors in Business Bay, completed in 2009 by Dubai Properties. 9 sold in the last 12 months.

Typical price per sqft
AED 1,612
Typical sale
AED 3.75M
Typical rent
AED 123K /yr
Typical yield
5.8%
Executive Tower K (West Heights 3), Business Bay: prices, sales and rents →
Value
12023-bedAED 1.87M · Sep 2012
12031-bedAED 1.27M · Sep 2024
1204StudioAED 1.2M · Jul 2025
12051-bedAED 944K · Dec 2010
12062-bedAED 1.47M · Jul 2012
1207StudioAED 358K · Mar 2013
12081-bedAED 1.01M · May 2022

1201, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 10 December 2012 for AED 2,078,000, last on 6 January 2013 for AED 2,417,800 (AED 1,100 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 34,500 a year (AED 15.68 per sqft).
  • Three-beds in Executive Tower K (West Heights 3) sold for AED 3,750,000–4,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,612 per sqft.

Source: Dubai Land Department. Updated 2 July 2013.

Questions about 1201, Executive Tower K (West Heights 3)

What did unit 1201 last sell for?

AED 2,417,800 on 6 January 2013: AED 1,100 per sqft for 2,198 sqft. The unit has 2 registered sales; the first was AED 2,078,000 in December 2012.

What is the rent for unit 1201?

AED 120,000 a year on the contract signed on 2 July 2013.

How big is unit 1201?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 12th floor of a 45-storey tower completed in 2009.

What is unit 1201 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 K (West Heights 3) sold for AED 3,750,000 to 4,100,000 in the last 12 months, around AED 1,798 per sqft.

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Mortgage on 1201, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 2.42M, 6 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,417,800
Deposit, UAE resident (20%)
AED 483,560
Deposit, non-resident (40%)
AED 967,120
Monthly over 25 years at 3.7%
AED 9,892

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