1501, Executive Tower K (West Heights 3)
Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Executive Tower K (West Heights 3)
What is 1501 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,197 sqft
- Floor
- 15th of 45
- Parking
- KB - 114 & 115
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 34,400 /yr
- Last sold
- AED 2.95M · November 2023
About 1501, Executive Tower K (West Heights 3)
1501 is a three-bedroom apartment of 2,197 sqft on the 15th 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 27 November 2023 for AED 2,950,000, or AED 1,342 per sqft, 21% above the AED 1,106 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 January 2024, is AED 150,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 34,400 a year.
Sales and rents for 1501 over time
1501 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 1501 sits
All 64 3-beds →1501 last sold in November 2023 at AED 1,342 per sqft, 21% above what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,106). 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. 1501's AED 150,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 2,197 sqft | 4,100,000 | 1,866 | ||
| 16 Sep 202616 September 2026 | 2,197 sqft | 3,900,000 | 1,775 | ||
| 16 Feb 202616 February 2026 | 2,197 sqft | 3,750,000 | 1,706 | ||
| 5 Jan 20265 January 2026 | 2,197 sqft | 4,000,000 | 1,820 |
Executive Tower K (West Heights 3)
Building234 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%
Other units on the 15th floor
All 234 units in Executive Tower K (West Heights 3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 2,197 sqft | AED 2.58MAED 2,581,475 · Dec 2012December 2012 | ||
| 1503 | 2-bed | 1,284 sqft | AED 1.6MAED 1,600,000 · Nov 2023November 2023 | 110,000 /yr | |
| 1504 | 2-bed | 1,550 sqft | AED 2.1MAED 2,100,000 · Jan 2025January 2025 | 145,000 /yr | |
| 1505 | 2-bed | 1,784 sqft | AED 2.1MAED 2,100,000 · May 2023May 2023 | 115,000 /yr | |
| 1506 | 2-bed | 1,284 sqft | AED 1.93MAED 1,928,000 · Aug 2013August 2013 |
1501, Executive Tower K (West Heights 3) in numbers
- Sold 4 times: first on 27 July 2011 for AED 1,567,000, last on 27 November 2023 for AED 2,950,000 (AED 1,342 per sqft).
- Rented since August 2016 on 5 Ejari contracts, from AED 180,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 34,400 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 January 2024.
Questions about 1501, Executive Tower K (West Heights 3)
What did unit 1501 last sell for?
AED 2,950,000 on 27 November 2023: AED 1,342 per sqft for 2,197 sqft. The unit has 4 registered sales; the first was AED 1,567,000 in July 2011.
What is the rent for unit 1501?
AED 150,000 a year on the contract signed on 1 January 2024. The previous contract, from January 2023, was AED 150,000; the unit has been rented since August 2016.
How big is unit 1501?
2,197 sqft (204.1 sqm): a three-bedroom apartment on the 15th floor of a 45-storey tower completed in 2009.
What is unit 1501 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 1501, Executive Tower K (West Heights 3)
Starts from the last sale price (AED 2.95M, 27 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →