2-bed · 1,785 sqftExecutive Tower K (West Heights 3), Business Bay · 26th floor · completed 2009

2605, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in June 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2605 · DLD and Ejari recordsUpdated 8 June 2015
Last soldAED 1.19M8 June 2015
Current rentAED 135K /yr13 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2605, Executive Tower K (West Heights 3)

What is 2605 worth today?

Last sold for AED 1,190,000 in 2015

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8 Jun 2015SoldReady
AED 1,190,000AED 666 per sqft
13 Sep 2014RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
20 Sep 2013RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
17 Jun 2010Sold by developerReady
AED 1,985,000AED 1,112 per sqft

Source: Dubai Land Department. Updated 8 June 2015.

Key facts

Type
2-bed apartment
Size
1,785 sqft
Floor
26th of 45
Parking
KM - 90
Developer
Dubai Properties
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.19M · June 2015

About 2605, Executive Tower K (West Heights 3)

2605 is a two-bedroom apartment of 1,785 sqft on the 26th 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 8 June 2015 for AED 1,190,000, or AED 666 per sqft, 31% below the AED 967 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 13 September 2014, is AED 135,000 a year: a gross yield of 11.3% on the 2015 price, before the service charge of about AED 28,000 a year.

Sales and rents for 2605 over time

Sales
Unit 2605, 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, June 2010: AED 1,985,000 (AED 1,112 per sqft)Sold, June 2015: AED 1,190,000 (AED 666 per sqft)

2605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2605, 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, September 2013: AED 135,000 a yearNew contract, September 2014: AED 135,000 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 2605 sits

All 92 2-beds →

2605 last sold in June 2015 at AED 666 per sqft, 31% below what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 967). 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. 2605's AED 135,000 is in the upper 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
26013-bedAED 3.3M · Nov 2013
26023-bedAED 3.01M · Oct 2011
26032-bedAED 1.6M · Jan 2016
26042-bedAED 2.47M · May 2014
26062-bedAED 2.01M · May 2014

2605, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 17 June 2010 for AED 1,985,000, last on 8 June 2015 for AED 1,190,000 (AED 666 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2015 price is 11.3%, 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 8 June 2015.

Questions about 2605, Executive Tower K (West Heights 3)

What did unit 2605 last sell for?

AED 1,190,000 on 8 June 2015: AED 666 per sqft for 1,785 sqft. The unit has 2 registered sales; the first was AED 1,985,000 in June 2010.

What is the rent for unit 2605?

AED 135,000 a year on the contract signed on 13 September 2014. The previous contract, from September 2013, was AED 135,000.

How big is unit 2605?

1,785 sqft (165.8 sqm): a two-bedroom apartment on the 26th floor of a 45-storey tower completed in 2009.

What is unit 2605 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 2605, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.19M, 8 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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