3-bed · 2,198 sqftExecutive Tower K (West Heights 3), Business Bay · 13th floor · completed 2009

1302, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in October 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 3.35M2 October 2013
Current rentAED 165K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Executive Tower K (West Heights 3)

What is 1302 worth today?

Last sold for AED 3,350,000 in 2013

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1 Jun 2024RentedRenewal
AED 165,000/yr12 months · AED 75 per sqft
1 Jun 2023RentedRenewal
AED 152,000/yr12 months · AED 69 per sqft
1 Jun 2022RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
1 Jun 2021RentedNew contract
AED 125,000/yr12 months · AED 57 per sqft
8 Mar 2020RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
28 Aug 2018RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
28 Aug 2017RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft
28 Aug 2016RentedRenewal
AED 150,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
13th of 45
Parking
KB - 104 & 105
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 3.35M · October 2013

About 1302, Executive Tower K (West Heights 3)

1302 is a three-bedroom apartment of 2,198 sqft on the 13th 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 2 October 2013 for AED 3,350,000, or AED 1,524 per sqft, 34% above the AED 1,137 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 June 2024, is AED 165,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 34,500 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, June 2010: AED 2,205,000 (AED 1,003 per sqft)Sold, January 2013: AED 2,475,000 (AED 1,126 per sqft)Sold, October 2013: AED 3,350,000 (AED 1,524 per sqft)

1302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1302, 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, August 2015: AED 150,000 a yearRenewal, August 2016: AED 150,000 a yearRenewal, August 2017: AED 150,000 a yearRenewal, August 2018: AED 150,000 a yearNew contract, March 2020: AED 130,000 a yearNew contract, June 2021: AED 125,000 a yearRenewal, June 2022: AED 130,000 a yearRenewal, June 2023: AED 152,000 a yearRenewal, June 2024: AED 165,000 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 1302 sits

All 64 3-beds →

1302 last sold in October 2013 at AED 1,524 per sqft, 34% above what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,137). 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. 1302's AED 165,000 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
13013-bedAED 3.12M · May 2010
13031-bedAED 625K · Nov 2017
1304StudioAED 750K · Jun 2023
13051-bedAED 876K · Apr 2011
13062-bedAED 2.22M · Oct 2015
1307StudioAED 1.05M · Jan 2024
13081-bedAED 1.49M · Sep 2010

1302, Executive Tower K (West Heights 3) in numbers

  • Sold 3 times: first on 17 June 2010 for AED 2,205,000, last on 2 October 2013 for AED 3,350,000 (AED 1,524 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 125,000 in 2021 and recovered to AED 165,000 by June 2024.
  • At AED 165,000 a year the gross yield on the 2013 price is 4.9%, 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 1 June 2024.

Questions about 1302, Executive Tower K (West Heights 3)

What did unit 1302 last sell for?

AED 3,350,000 on 2 October 2013: AED 1,524 per sqft for 2,198 sqft. The unit has 3 registered sales; the first was AED 2,205,000 in June 2010.

What is the rent for unit 1302?

AED 165,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 152,000; the unit has been rented since August 2015.

How big is unit 1302?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 13th floor of a 45-storey tower completed in 2009.

What is unit 1302 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 1302, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 3.35M, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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