2-bed · 1,785 sqftExecutive Tower K (West Heights 3), Business Bay · 24th floor · completed 2009

2405, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2405 · DLD and Ejari recordsUpdated 28 September 2023
Last soldAED 1.95M28 September 2023
Current rentAED 116K /yr18 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2405, Executive Tower K (West Heights 3)

What is 2405 worth today?

Last sold for AED 1,950,000 in 2023

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28 Sep 2023SoldReady
AED 1,950,000AED 1,092 per sqft
18 Jun 2023RentedRenewal
AED 115,811/yr12 months · AED 65 per sqft
18 Jun 2022RentedNew contract
AED 110,000/yr12 months · AED 62 per sqft
15 Jun 2018RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
1 Dec 2017RentedRenewal
AED 150,811/yr6 months · AED 84 per sqft
1 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 81 per sqft
14 Jun 2010Sold by developerReady
AED 950,000AED 532 per sqft

Source: Dubai Land Department. Updated 28 September 2023.

Key facts

Type
2-bed apartment
Size
1,785 sqft
Floor
24th of 45
Parking
KM - 87
Developer
Dubai Properties
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.95M · September 2023

About 2405, Executive Tower K (West Heights 3)

2405 is a two-bedroom apartment of 1,785 sqft on the 24th 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 28 September 2023 for AED 1,950,000, or AED 1,092 per sqft, in line with the AED 1,078 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 18 June 2023, is AED 115,811 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2405 over time

Sales
Unit 2405, each saleTypical two-bed in Executive Tower K (West Heights 3)
1M2M20102014201820222026Typical 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, June 2010: AED 950,000 (AED 532 per sqft)Sold, September 2023: AED 1,950,000 (AED 1,092 per sqft)

2405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2405, each contractTypical two-bed in Executive Tower K (West Heights 3)
100K150K2013201720212025Typical 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, December 2016: AED 145,000 a yearRenewal, December 2017: AED 150,811 a yearNew contract, June 2018: AED 130,000 a yearNew contract, June 2022: AED 110,000 a yearRenewal, June 2023: AED 115,811 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 2405 sits

All 92 2-beds →

2405 last sold in September 2023 at AED 1,092 per sqft, in line with what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,078). 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. 2405's AED 115,811 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
24013-bedAED 2.85M · May 2023
24023-bedAED 2.17M · Jul 2010
24032-bedAED 1.7M · Aug 2016
24042-bedAED 2.08M · Jun 2015
24062-bedAED 1.25M · Jul 2012

2405, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 14 June 2010 for AED 950,000, last on 28 September 2023 for AED 1,950,000 (AED 1,092 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 145,000 to AED 115,811 a year.
  • At AED 115,811 a year the gross yield on the 2023 price is 5.9%, 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 28 September 2023.

Questions about 2405, Executive Tower K (West Heights 3)

What did unit 2405 last sell for?

AED 1,950,000 on 28 September 2023: AED 1,092 per sqft for 1,785 sqft. The unit has 2 registered sales; the first was AED 950,000 in June 2010.

What is the rent for unit 2405?

AED 115,811 a year on the contract renewed on 18 June 2023. The previous contract, from June 2022, was AED 110,000; the unit has been rented since December 2016.

How big is unit 2405?

1,785 sqft (165.8 sqm): a two-bedroom apartment on the 24th floor of a 45-storey tower completed in 2009.

What is unit 2405 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 2405, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.95M, 28 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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