2-bed · 1,788 sqftExecutive Tower K (West Heights 3), Business Bay · 30th floor · completed 2009

3005, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3005 · DLD and Ejari recordsUpdated 17 February 2022
Last soldAED 1.4M17 February 2022
Current rentAED 100K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3005, Executive Tower K (West Heights 3)

What is 3005 worth today?

Last sold for AED 1,400,000 in 2022

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17 Feb 2022SoldReady
AED 1,400,000AED 782 per sqft
5 May 2021RentedRenewal
AED 100,000/yr12 months · AED 56 per sqft
5 May 2020RentedRenewal
AED 105,000/yr12 months · AED 59 per sqft
5 May 2019RentedRenewal
AED 120,000/yr12 months · AED 67 per sqft
5 May 2018RentedNew contract
AED 130,000/yr12 months · AED 73 per sqft
3 May 2017RentedRenewal
AED 144,000/yr12 months · AED 81 per sqft
3 May 2016RentedNew contract
AED 145,000/yr12 months · AED 81 per sqft
12 Feb 2016RentedNew contract
AED 155,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 17 February 2022.

Key facts

Type
2-bed apartment
Size
1,788 sqft
Floor
30th of 45
Parking
KM - 122
Developer
Dubai Properties
Completed
2009
Service charge
AED 28,000 /yr
Last sold
AED 1.4M · February 2022

About 3005, Executive Tower K (West Heights 3)

3005 is a two-bedroom apartment of 1,788 sqft on the 30th 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 17 February 2022 for AED 1,400,000, or AED 782 per sqft, 16% below the AED 927 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 5 May 2021, is AED 100,000 a year: a gross yield of 7.1% on the 2022 price, before the service charge of about AED 28,000 a year.

Sales and rents for 3005 over time

Sales
Unit 3005, 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, August 2010: AED 2,596,560 (AED 1,452 per sqft)Sold, February 2022: AED 1,400,000 (AED 782 per sqft)

3005 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3005, 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, February 2016: AED 155,000 a yearNew contract, May 2016: AED 145,000 a yearRenewal, May 2017: AED 144,000 a yearNew contract, May 2018: AED 130,000 a yearRenewal, May 2019: AED 120,000 a yearRenewal, May 2020: AED 105,000 a yearRenewal, May 2021: AED 100,000 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 3005 sits

All 92 2-beds →

3005 last sold in February 2022 at AED 782 per sqft, 16% below what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 927). 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. 3005's AED 100,000 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
30013-bedAED 2.33M · Aug 2022
30023-bedAED 3.1M · Jul 2024
30032-bedAED 1.9M · May 2025
30042-bedAED 1.58M · Jun 2022
30062-bedAED 670K · Jul 2011

3005, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 18 August 2010 for AED 2,596,560, last on 17 February 2022 for AED 1,400,000 (AED 782 per sqft).
  • Rented since February 2016 on 7 Ejari contracts, from AED 155,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 7.1%, 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 17 February 2022.

Questions about 3005, Executive Tower K (West Heights 3)

What did unit 3005 last sell for?

AED 1,400,000 on 17 February 2022: AED 782 per sqft for 1,788 sqft. The unit has 2 registered sales; the first was AED 2,596,560 in August 2010.

What is the rent for unit 3005?

AED 100,000 a year on the contract renewed on 5 May 2021. The previous contract, from May 2020, was AED 105,000; the unit has been rented since February 2016.

How big is unit 3005?

1,788 sqft (166.1 sqm): a two-bedroom apartment on the 30th floor of a 45-storey tower completed in 2009.

What is unit 3005 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 3005, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.4M, 17 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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