2-bed · 1,283 sqftExecutive Tower K (West Heights 3), Business Bay · 29th floor · completed 2009

2903, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 4 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2903 · DLD and Ejari recordsUpdated 4 January 2024
Last soldAED 1.67M4 January 2024
Current rentAED 95K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2903, Executive Tower K (West Heights 3)

What is 2903 worth today?

Last sold for AED 1,666,500 in 2024

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4 Jan 2024SoldReady
AED 1,666,500AED 1,298 per sqft
1 Jun 2023RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
1 Jun 2022RentedRenewal
AED 95,000/yr12 months · AED 74 per sqft
1 Jun 2021RentedNew contract
AED 85,000/yr12 months · AED 66 per sqft
15 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
1 Feb 2019RentedRenewal
AED 110,000/yr12 months · AED 86 per sqft
1 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 90 per sqft
29 Dec 2016RentedRenewal
AED 120,000/yr24 months · AED 94 per sqft

Source: Dubai Land Department. Updated 4 January 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
29th of 45
Parking
KM - 112
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,100 /yr
Last sold
AED 1.67M · January 2024

About 2903, Executive Tower K (West Heights 3)

2903 is a two-bedroom apartment of 1,283 sqft on the 29th 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 4 January 2024 for AED 1,666,500, or AED 1,298 per sqft, 9% above the AED 1,191 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 95,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 20,100 a year.

Sales and rents for 2903 over time

Sales
Unit 2903, 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, July 2011: AED 1,245,000 (AED 970 per sqft)Sold, April 2012: AED 490,000 (AED 381 per sqft)Sold, December 2015: AED 1,150,000 (AED 896 per sqft)Sold, January 2024: AED 1,666,500 (AED 1,298 per sqft)

2903 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2903, 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, December 2015: AED 130,000 a yearRenewal, December 2016: AED 120,000 a yearNew contract, February 2018: AED 115,000 a yearRenewal, February 2019: AED 110,000 a yearNew contract, September 2020: AED 70,000 a yearNew contract, June 2021: AED 85,000 a yearRenewal, June 2022: AED 95,000 a yearRenewal, June 2023: AED 95,000 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 2903 sits

All 92 2-beds →

2903 last sold in January 2024 at AED 1,298 per sqft, 9% above what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,191). 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. 2903's AED 95,000 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
29013-bedAED 2.88M · Jun 2017
29023-bedAED 3.43M · Jul 2024
29042-bedAED 2M · Aug 2024
29052-bedAED 2.6M · Jul 2025
29062-bedAED 1.25M · Jun 2010

2903, Executive Tower K (West Heights 3) in numbers

  • Sold 4 times: first on 31 July 2011 for AED 1,245,000, last on 4 January 2024 for AED 1,666,500 (AED 1,298 per sqft).
  • Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 130,000 to AED 70,000 in 2020 and recovered to AED 95,000 by June 2023.
  • At AED 95,000 a year the gross yield on the 2024 price is 5.7%, 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 4 January 2024.

Questions about 2903, Executive Tower K (West Heights 3)

What did unit 2903 last sell for?

AED 1,666,500 on 4 January 2024: AED 1,298 per sqft for 1,283 sqft. The unit has 4 registered sales; the first was AED 1,245,000 in July 2011.

What is the rent for unit 2903?

AED 95,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 95,000; the unit has been rented since December 2015.

How big is unit 2903?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 29th floor of a 45-storey tower completed in 2009.

What is unit 2903 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 2903, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.67M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,666,500
Deposit, UAE resident (20%)
AED 333,300
Deposit, non-resident (40%)
AED 666,600
Monthly over 25 years at 3.7%
AED 6,818

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