2-bed · 1,284 sqftExecutive Tower K (West Heights 3), Business Bay · 15th floor · completed 2009

1506, Executive Tower K (West Heights 3)

Sold prices and rental history: sold once, by the developer in August 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 13 August 2013
Last soldAED 1.93M13 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Executive Tower K (West Heights 3)

What is 1506 worth today?

Last sold for AED 1,928,000 in 2013

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13 Aug 2013Sold by developerReady
AED 1,928,000AED 1,501 per sqft

Source: Dubai Land Department. Updated 13 August 2013.

Key facts

Type
2-bed apartment
Size
1,284 sqft
Floor
15th of 45
Parking
KB - 121
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,100 /yr
Last sold
AED 1.93M · August 2013

About 1506, Executive Tower K (West Heights 3)

1506 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. The developer sold it on 13 August 2013 for AED 1,928,000, or AED 1,501 per sqft, 35% above the AED 1,113 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical two-bed in Executive Tower K (West Heights 3)
1.5M2M20102014201820222026Typical sale price by year: 2010 AED 1,327,500; 2011 AED 1,177,000; 2012 AED 1,264,000; 2013 AED 1,928,000; 2014 AED 2,107,155; 2015 AED 1,465,000; 2016 AED 1,900,000; 2017 AED 2,109,473; 2018 AED 1,500,000; 2019 AED 1,450,000; 2020 AED 1,175,000; 2021 AED 1,450,000; 2022 AED 1,575,000; 2023 AED 1,600,000; 2024 AED 2,005,000; 2025 AED 1,980,000Sold by developer, August 2013: AED 1,928,000 (AED 1,501 per sqft)

1506 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, each contractTypical two-bed in Executive Tower K (West Heights 3)
75K100K125K2013201720212025Typical rent by year: 2013 AED 102,500; 2014 AED 118,650; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 124,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 84,000; 2022 AED 94,500; 2023 AED 109,828; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 130,000

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 1506 sits

All 92 2-beds →

1506 last sold in August 2013 at AED 1,501 per sqft, 35% above what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,113). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20262,580,000
23 Jan 20262,350,000
14 Jul 20252,600,000
29 May 20251,950,000
2 2-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
15013-bedAED 2.95M · Nov 2023
15023-bedAED 2.58M · Dec 2012
15032-bedAED 1.6M · Nov 2023
15042-bedAED 2.1M · Jan 2025
15052-bedAED 2.1M · May 2023

1506, Executive Tower K (West Heights 3) in numbers

  • Sold once: by Dubai Properties on 13 August 2013 for AED 1,928,000, or AED 1,501 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 13 August 2013.

Questions about 1506, Executive Tower K (West Heights 3)

What did unit 1506 last sell for?

AED 1,928,000 on 13 August 2013, sold by the developer: AED 1,501 per sqft for 1,284 sqft. It is the only registered sale of the unit.

How big is unit 1506?

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 1506 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 1506, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.93M, 13 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,928,000
Deposit, UAE resident (20%)
AED 385,600
Deposit, non-resident (40%)
AED 771,200
Monthly over 25 years at 3.7%
AED 7,888

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