1602, Executive Tower K (West Heights 3)
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Executive Tower K (West Heights 3)
What is 1602 worth today?
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Source: Dubai Land Department. Updated 22 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,197 sqft
- Floor
- 16th of 45
- Parking
- KB - 124 & 125
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 34,400 /yr
- Last sold
- AED 3M · May 2024
About 1602, Executive Tower K (West Heights 3)
1602 is a three-bedroom apartment of 2,197 sqft on the 16th 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 22 May 2024 for AED 3,000,000, or AED 1,365 per sqft, in line with the AED 1,354 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 19 November 2018, is AED 119,668 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 34,400 a year.
Sales and rents for 1602 over time
1602 has sold 3 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 1602 sits
All 64 3-beds →1602 last sold in May 2024 at AED 1,365 per sqft, in line with what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,354). 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. 1602's AED 119,668 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 16th floor
All 234 units in Executive Tower K (West Heights 3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,197 sqft | AED 3.13MAED 3,134,000 · Apr 2010April 2010 | 100,000 /yr | |
| 1603 | 2-bed | 1,283 sqft | AED 1.16MAED 1,155,000 · Oct 2010October 2010 | 110,000 /yr | |
| 1604 | 2-bed | 1,551 sqft | AED 1.95MAED 1,950,000 · Oct 2016October 2016 | 105,000 /yr | |
| 1605 | 2-bed | 1,785 sqft | AED 1.61MAED 1,605,000 · Apr 2010April 2010 | 145,000 /yr | |
| 1606 | 2-bed | 1,283 sqft | AED 1.43MAED 1,433,600 · Jan 2013January 2013 | 130,000 /yr |
1602, Executive Tower K (West Heights 3) in numbers
- Sold 3 times: first on 12 October 2014 for AED 2,005,000, last on 22 May 2024 for AED 3,000,000 (AED 1,365 per sqft).
- Rented since May 2013 on 6 Ejari contracts, from AED 130,000 to AED 119,668 a year.
- At AED 119,668 a year the gross yield on the 2024 price is 4.0%, 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 22 May 2024.
Questions about 1602, Executive Tower K (West Heights 3)
What did unit 1602 last sell for?
AED 3,000,000 on 22 May 2024: AED 1,365 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 2,005,000 in October 2014.
What is the rent for unit 1602?
AED 119,668 a year on the contract renewed on 19 November 2018. The previous contract, from November 2017, was AED 120,000; the unit has been rented since May 2013.
How big is unit 1602?
2,197 sqft (204.1 sqm): a three-bedroom apartment on the 16th floor of a 45-storey tower completed in 2009.
What is unit 1602 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 1602, Executive Tower K (West Heights 3)
Starts from the last sale price (AED 3M, 22 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →