2-bed · 1,283 sqftExecutive Tower K (West Heights 3), Business Bay · 16th floor · completed 2009

1603, Executive Tower K (West Heights 3)

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 1.16M13 October 2010
Current rentAED 110K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Executive Tower K (West Heights 3)

What is 1603 worth today?

Last sold for AED 1,155,000 in 2010

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8 Sep 2026RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
1 Nov 2024RentedNew contract
AED 133,000/yr12 months · AED 104 per sqft
7 Nov 2023RentedRenewal
AED 115,000/yr12 months · AED 90 per sqft
7 Nov 2022RentedRenewal
AED 96,000/yr12 months · AED 75 per sqft
7 Nov 2021RentedRenewal
AED 90,000/yr12 months · AED 70 per sqft
7 Nov 2020RentedRenewal
AED 82,000/yr12 months · AED 64 per sqft
7 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
25 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
16th of 45
Parking
KB - 126
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,100 /yr
Last sold
AED 1.16M · October 2010

About 1603, Executive Tower K (West Heights 3)

1603 is a two-bedroom apartment of 1,283 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. The developer sold it on 13 October 2010 for AED 1,155,000, or AED 900 per sqft, 7% below the AED 970 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, signed on 8 September 2026, is AED 110,000 a year: a gross yield of 9.5% on the 2010 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Executive Tower K (West Heights 3)
1M1.5M2M20102014201820222026Typical 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, October 2010: AED 1,155,000 (AED 900 per sqft)

1603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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 130,000New contract, August 2014: AED 100,000 a yearNew contract, August 2015: AED 130,000 a yearRenewal, August 2016: AED 130,000 a yearRenewal, August 2017: AED 130,000 a yearNew contract, September 2018: AED 95,000 a yearNew contract, November 2019: AED 85,000 a yearRenewal, November 2020: AED 82,000 a yearRenewal, November 2021: AED 90,000 a yearRenewal, November 2022: AED 96,000 a yearRenewal, November 2023: AED 115,000 a yearNew contract, November 2024: AED 133,000 a yearNew contract, September 2026: AED 110,000 a year

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 1603 sits

All 92 2-beds →

1603 last sold in October 2010 at AED 900 per sqft, 7% below what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 970). 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. 1603's AED 110,000 is in the lower half of that range.

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
16013-bedAED 3.13M · Apr 2010
16023-bedAED 3M · May 2024
16042-bedAED 1.95M · Oct 2016
16052-bedAED 1.61M · Apr 2010
16062-bedAED 1.43M · Jan 2013

1603, Executive Tower K (West Heights 3) in numbers

  • Sold once: by Dubai Properties on 13 October 2010 for AED 1,155,000, or AED 900 per sqft.
  • Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 82,000 in 2020 and recovered to AED 110,000 by September 2026.
  • At AED 110,000 a year the gross yield on the 2010 price is 9.5%, 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 8 September 2026.

Questions about 1603, Executive Tower K (West Heights 3)

What did unit 1603 last sell for?

AED 1,155,000 on 13 October 2010, sold by the developer: AED 900 per sqft for 1,283 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 110,000 a year on the contract signed on 8 September 2026. The previous contract, from November 2024, was AED 133,000; the unit has been rented since August 2014.

How big is unit 1603?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 16th floor of a 45-storey tower completed in 2009.

What is unit 1603 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 1603, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.16M, 13 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,155,000
Deposit, UAE resident (20%)
AED 231,000
Deposit, non-resident (40%)
AED 462,000
Monthly over 25 years at 3.7%
AED 4,725

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