3-bed · 2,197 sqftExecutive Tower K (West Heights 3), Business Bay · 22nd floor · completed 2009

2201, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 2.33M12 May 2022
Current rentAED 130K /yr22 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Executive Tower K (West Heights 3)

What is 2201 worth today?

Last sold for AED 2,325,000 in 2022

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12 May 2022SoldReady
AED 2,325,000AED 1,058 per sqft
22 Apr 2021RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
1 May 2020RentedNew contract
AED 130,005/yr12 months · AED 59 per sqft
10 Aug 2015RentedNew contract
AED 155,000/yr60 months · AED 71 per sqft
25 May 2015SoldReady
AED 3,000,000AED 1,365 per sqft
25 Aug 2014RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
8 Dec 2013Sold by developerReady
AED 3,309,000AED 1,506 per sqft
25 Aug 2013RentedNew contract
AED 155,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
22nd of 45
Parking
KM - 41 & 42
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,400 /yr
Last sold
AED 2.33M · May 2022

About 2201, Executive Tower K (West Heights 3)

2201 is a three-bedroom apartment of 2,197 sqft on the 22nd 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 12 May 2022 for AED 2,325,000, or AED 1,058 per sqft, in line with the AED 1,058 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 22 April 2021, is AED 130,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 34,400 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, each saleTypical three-bed in Executive Tower K (West Heights 3)
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,849,000; 2011 AED 2,005,000; 2012 AED 1,989,500; 2013 AED 2,900,500; 2014 AED 3,325,000; 2016 AED 2,950,000; 2017 AED 2,850,000; 2018 AED 2,475,000; 2019 AED 2,255,000; 2021 AED 2,250,000; 2022 AED 2,337,500; 2023 AED 2,640,000; 2024 AED 3,100,000; 2025 AED 3,600,000; 2026 AED 3,950,000Sold by developer, December 2013: AED 3,309,000 (AED 1,506 per sqft)Sold, May 2015: AED 3,000,000 (AED 1,365 per sqft)Sold, May 2022: AED 2,325,000 (AED 1,058 per sqft)

2201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2201, each contractTypical three-bed in Executive Tower K (West Heights 3)
150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 152,500; 2019 AED 136,000; 2020 AED 123,000; 2021 AED 123,000; 2022 AED 135,000; 2023 AED 155,107; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 210,000New contract, August 2013: AED 155,000 a yearRenewal, August 2014: AED 155,000 a yearNew contract, August 2015: AED 155,000 a yearNew contract, May 2020: AED 130,005 a yearNew contract, April 2021: AED 130,000 a year

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 2201 sits

All 64 3-beds →

2201 last sold in May 2022 at AED 1,058 per sqft, in line with what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,058). 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. 2201's AED 130,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,100,000
16 Sep 20263,900,000
16 Feb 20263,750,000
5 Jan 20264,000,000
4 3-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
22023-bedAED 2.48M · Nov 2018
22032-bedAED 1.15M · Oct 2019
22042-bedAED 2.1M · Feb 2017
22052-bedAED 2.15M · Jul 2017
22062-bedAED 826K · Aug 2020

2201, Executive Tower K (West Heights 3) in numbers

  • Sold 3 times: first on 8 December 2013 for AED 3,309,000, last on 12 May 2022 for AED 2,325,000 (AED 1,058 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 155,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 5.6%, 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 12 May 2022.

Questions about 2201, Executive Tower K (West Heights 3)

What did unit 2201 last sell for?

AED 2,325,000 on 12 May 2022: AED 1,058 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 3,309,000 in December 2013.

What is the rent for unit 2201?

AED 130,000 a year on the contract signed on 22 April 2021. The previous contract, from May 2020, was AED 130,005; the unit has been rented since August 2013.

How big is unit 2201?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 22nd floor of a 45-storey tower completed in 2009.

What is unit 2201 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 2201, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 2.33M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

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