2-bed · 1,283 sqftExecutive Tower K (West Heights 3), Business Bay · 28th floor · completed 2009

2803, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 1.65M6 June 2024
Current rentAED 91K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Executive Tower K (West Heights 3)

What is 2803 worth today?

Last sold for AED 1,650,000 in 2024

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6 Jun 2024SoldReady
AED 1,650,000AED 1,286 per sqft
1 Mar 2023RentedRenewal
AED 91,177/yr9 months · AED 71 per sqft
1 Mar 2022RentedRenewal
AED 82,500/yr12 months · AED 64 per sqft
1 Mar 2021RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
20 Nov 2019RentedRenewal
AED 87,000/yr12 months · AED 68 per sqft
20 Nov 2018RentedNew contract
AED 92,000/yr12 months · AED 72 per sqft
1 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 90 per sqft
20 Jan 2014RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
28th of 45
Parking
KM - 104
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,100 /yr
Last sold
AED 1.65M · June 2024

About 2803, Executive Tower K (West Heights 3)

2803 is a two-bedroom apartment of 1,283 sqft on the 28th 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 6 June 2024 for AED 1,650,000, or AED 1,286 per sqft, 5% above the AED 1,219 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 91,177 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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, January 2013: AED 1,245,000 (AED 970 per sqft)Sold, June 2024: AED 1,650,000 (AED 1,286 per sqft)

2803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2803, each contractTypical two-bed in Executive Tower K (West Heights 3)
100K2013201720212025Typical 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, January 2013: AED 100,000 a yearNew contract, January 2014: AED 110,000 a yearNew contract, September 2017: AED 115,000 a yearNew contract, November 2018: AED 92,000 a yearRenewal, November 2019: AED 87,000 a yearNew contract, March 2021: AED 75,000 a yearRenewal, March 2022: AED 82,500 a yearRenewal, March 2023: AED 91,177 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 2803 sits

All 92 2-beds →

2803 last sold in June 2024 at AED 1,286 per sqft, 5% above what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,219). 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. 2803's AED 91,177 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
28013-bedAED 2.38M · Jan 2023
28023-bedAED 3.31M · Jul 2010
28042-bedAED 1.77M · Mar 2013
28052-bedAED 2.38M · Jan 2017
28062-bedAED 1.56M · Dec 2023

2803, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 3 January 2013 for AED 1,245,000, last on 6 June 2024 for AED 1,650,000 (AED 1,286 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 91,177 by March 2023.
  • At AED 91,177 a year the gross yield on the 2024 price is 5.5%, 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 6 June 2024.

Questions about 2803, Executive Tower K (West Heights 3)

What did unit 2803 last sell for?

AED 1,650,000 on 6 June 2024: AED 1,286 per sqft for 1,283 sqft. The unit has 2 registered sales; the first was AED 1,245,000 in January 2013.

What is the rent for unit 2803?

AED 91,177 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 82,500; the unit has been rented since January 2013.

How big is unit 2803?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 28th floor of a 45-storey tower completed in 2009.

What is unit 2803 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 2803, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.65M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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