1503, Executive Tower K (West Heights 3)
Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Executive Tower K (West Heights 3)
What is 1503 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,284 sqft
- Floor
- 15th of 45
- Parking
- KB - 118
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 20,100 /yr
- Last sold
- AED 1.6M · November 2023
About 1503, Executive Tower K (West Heights 3)
1503 is a two-bedroom apartment of 1,284 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 15 November 2023 for AED 1,600,000, or AED 1,246 per sqft, 7% above the AED 1,167 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 November 2023, is AED 110,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 20,100 a year.
Sales and rents for 1503 over time
1503 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Executive Tower K (West Heights 3), and where 1503 sits
All 92 2-beds →1503 last sold in November 2023 at AED 1,246 per sqft, 7% above what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,167). Over the last 12 months two-beds sold for AED 2,350,000 to 2,580,000, around AED 1,379 per sqft, and rent for AED 78,000 to 172,500 a year. 1503's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,788 sqft | 2,580,000 | 1,442 | ||
| 23 Jan 202623 January 2026 | 1,785 sqft | 2,350,000 | 1,316 | ||
| 14 Jul 202514 July 2025 | 1,788 sqft | 2,600,000 | 1,454 | ||
| 29 May 202529 May 2025 | 1,283 sqft | 1,950,000 | 1,519 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 3-bed | 2,197 sqft | AED 2.95MAED 2,950,000 · Nov 2023November 2023 | 150,000 /yr | |
| 1502 | 3-bed | 2,197 sqft | AED 2.58MAED 2,581,475 · Dec 2012December 2012 | ||
| 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 |
1503, Executive Tower K (West Heights 3) in numbers
- Sold 3 times: first on 4 February 2010 for AED 1,155,000, last on 15 November 2023 for AED 1,600,000 (AED 1,246 per sqft).
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 70,000 in 2021 and recovered to AED 110,000 by November 2023.
- At AED 110,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 20,100 a year (AED 15.68 per sqft).
- Two-beds in Executive Tower K (West Heights 3) sold for AED 2,350,000–2,580,000 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 20 November 2023.
Questions about 1503, Executive Tower K (West Heights 3)
What did unit 1503 last sell for?
AED 1,600,000 on 15 November 2023: AED 1,246 per sqft for 1,284 sqft. The unit has 3 registered sales; the first was AED 1,155,000 in February 2010.
What is the rent for unit 1503?
AED 110,000 a year on the contract signed on 20 November 2023. The previous contract, from July 2023, was AED 110,000; the unit has been rented since January 2014.
How big is unit 1503?
1,284 sqft (119.3 sqm): a two-bedroom apartment on the 15th floor of a 45-storey tower completed in 2009.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower K (West Heights 3) sold for AED 2,350,000 to 2,580,000 in the last 12 months, around AED 1,379 per sqft.
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Mortgage on 1503, Executive Tower K (West Heights 3)
Starts from the last sale price (AED 1.6M, 15 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →