2-bed · 1,785 sqftExecutive Tower K (West Heights 3), Business Bay · 20th floor · completed 2009

2005, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.77M30 September 2022
Current rentAED 110K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, Executive Tower K (West Heights 3)

What is 2005 worth today?

Last sold for AED 1,770,000 in 2022

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1 Aug 2023RentedNew contract
AED 109,828/yr11 months · AED 61 per sqft
30 Sep 2022SoldReady
AED 1,770,000AED 991 per sqft
1 Aug 2022RentedRenewal
AED 92,000/yr12 months · AED 51 per sqft
1 Aug 2021RentedNew contract
AED 88,000/yr12 months · AED 49 per sqft
11 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
15 Mar 2018RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
15 Mar 2017RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
15 Mar 2016RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,785 sqft
Floor
20th of 45
Parking
KM - 31
Developer
Dubai Properties
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.77M · September 2022

About 2005, Executive Tower K (West Heights 3)

2005 is a two-bedroom apartment of 1,785 sqft on the 20th 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 30 September 2022 for AED 1,770,000, or AED 991 per sqft, in line with the AED 991 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 August 2023, is AED 109,828 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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 2012: AED 1,730,000 (AED 969 per sqft)Sold, September 2022: AED 1,770,000 (AED 991 per sqft)

2005 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2005, 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, February 2014: AED 110,000 a yearRenewal, March 2015: AED 125,000 a yearRenewal, March 2016: AED 125,000 a yearRenewal, March 2017: AED 125,000 a yearRenewal, March 2018: AED 125,000 a yearNew contract, July 2020: AED 80,000 a yearNew contract, August 2021: AED 88,000 a yearRenewal, August 2022: AED 92,000 a yearNew contract, August 2023: AED 109,828 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 2005 sits

All 92 2-beds →

2005 last sold in September 2022 at AED 991 per sqft, in line with what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 991). 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. 2005's AED 109,828 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
20013-bedAED 3.31M · Jun 2011
20023-bedAED 3.7M · Jul 2025
20032-bedAED 1.25M · Aug 2010
20042-bedAED 1.43M · Dec 2021
20062-bedAED 1.25M · Jun 2010

2005, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 16 August 2012 for AED 1,730,000, last on 30 September 2022 for AED 1,770,000 (AED 991 per sqft).
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2020 and recovered to AED 109,828 by August 2023.
  • At AED 109,828 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 28,000 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 1 August 2023.

Questions about 2005, Executive Tower K (West Heights 3)

What did unit 2005 last sell for?

AED 1,770,000 on 30 September 2022: AED 991 per sqft for 1,785 sqft. The unit has 2 registered sales; the first was AED 1,730,000 in August 2012.

What is the rent for unit 2005?

AED 109,828 a year on the contract signed on 1 August 2023. The previous contract, from August 2022, was AED 92,000; the unit has been rented since February 2014.

How big is unit 2005?

1,785 sqft (165.8 sqm): a two-bedroom apartment on the 20th floor of a 45-storey tower completed in 2009.

What is unit 2005 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 2005, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.77M, 30 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,770,000
Deposit, UAE resident (20%)
AED 354,000
Deposit, non-resident (40%)
AED 708,000
Monthly over 25 years at 3.7%
AED 7,242

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