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4-bed · 5,299 sqftExecutive Tower K (West Heights 3), Business Bay · 34th floor · completed 2009

3401, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 6.1M8 June 2023
Current rentAED 240K /yr23 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3401, Executive Tower K (West Heights 3)

What is 3401 worth today?

Last sold for AED 6,100,000 in 2023

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8 Jun 2023SoldReady
AED 6,100,000AED 1,151 per sqft
23 Nov 2022RentedRenewal
AED 240,000/yr12 months · AED 45 per sqft
23 Sep 2022RentedRenewal
AED 199,998/yr2 months · AED 38 per sqft
15 May 2022RentedRenewal
AED 198,290/yr4 months · AED 37 per sqft
15 May 2021RentedRenewal
AED 200,000/yr12 months · AED 38 per sqft
15 May 2020RentedNew contract
AED 200,000/yr12 months · AED 38 per sqft
1 Feb 2019RentedNew contract
AED 260,000/yr12 months · AED 49 per sqft
6 Nov 2017RentedRenewal
AED 280,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
4-bed apartment
Size
5,299 sqft
Floor
34th of 45
Parking
KG - 18 & 19
Developer
Dubai Properties
Completed
2009
Service charge
AED 83,100 /yr
Last sold
AED 6.1M · June 2023
Building
Executive Tower K (West Heights 3)

About 3401, Executive Tower K (West Heights 3)

3401 is a four-bedroom apartment of 5,299 sqft on the 34th 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 2023 for AED 6,100,000, or AED 1,151 per sqft.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 23 November 2022, is AED 240,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 83,100 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, each saleTypical four-bed in Executive Tower K (West Heights 3)
4M6M2010201420182022Typical sale price by year: 2010 AED 4,566,500; 2012 AED 3,660,000; 2013 AED 4,030,000; 2014 AED 4,180,000; 2016 AED 4,000,000; 2021 AED 3,771,000Sold by developer, February 2010: AED 5,300,400 (AED 1,000 per sqft)Sold, June 2023: AED 6,100,000 (AED 1,151 per sqft)

3401 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3401, each contractTypical four-bed in Executive Tower K (West Heights 3)
200K300K2012201620202024Typical rent by year: 2012 AED 155,000; 2013 AED 240,000; 2014 AED 240,000; 2015 AED 232,500; 2016 AED 257,500; 2017 AED 242,500; 2018 AED 197,500; 2019 AED 175,000; 2020 AED 152,500; 2021 AED 180,000; 2022 AED 199,144; 2025 AED 350,000; 2026 AED 315,000New contract, August 2012: AED 230,000 a yearNew contract, August 2013: AED 300,000 a yearRenewal, August 2014: AED 345,000 a yearNew contract, August 2015: AED 320,000 a yearNew contract, November 2016: AED 280,000 a yearRenewal, November 2017: AED 280,000 a yearNew contract, February 2019: AED 260,000 a yearNew contract, May 2020: AED 200,000 a yearRenewal, May 2021: AED 200,000 a yearRenewal, May 2022: AED 198,290 a yearRenewal, September 2022: AED 199,998 a yearRenewal, November 2022: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Executive Tower K (West Heights 3), and where 3401 sits

All 16 4-beds →

Over the last 12 months four-beds sold for AED 5,200,000, around AED 1,534 per sqft, and rent for AED 310,000 to 372,000 a year. 3401's AED 240,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
10 Dec 20255,200,000
24 Jan 20254,980,000
28 Jun 20223,750,000
13 Sep 20212,700,000
1 4-bed sale 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 →

Other units on the 34th floor

All 234 units in Executive Tower K (West Heights 3)
Value
34024-bedAED 2.7M · Sep 2021

3401, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 24 February 2010 for AED 5,300,400, last on 8 June 2023 for AED 6,100,000 (AED 1,151 per sqft).
  • Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 230,000 to AED 198,290 in 2022 and recovered to AED 240,000 by November 2022.
  • At AED 240,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 83,100 a year (AED 15.68 per sqft).
  • Four-beds in Executive Tower K (West Heights 3) sold for AED 5,200,000–5,200,000 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 2023.

Questions about 3401, Executive Tower K (West Heights 3)

What did unit 3401 last sell for?

AED 6,100,000 on 8 June 2023: AED 1,151 per sqft for 5,299 sqft. The unit has 2 registered sales; the first was AED 5,300,400 in February 2010.

What is the rent for unit 3401?

AED 240,000 a year on the contract renewed on 23 November 2022. The previous contract, from September 2022, was AED 199,998; the unit has been rented since August 2012.

How big is unit 3401?

5,299 sqft (492.3 sqm): a four-bedroom apartment on the 34th floor of a 45-storey tower completed in 2009.

What is unit 3401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Executive Tower K (West Heights 3) sold for AED 5,200,000 to 5,200,000 in the last 12 months, around AED 1,534 per sqft.

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Mortgage on 3401, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 6.1M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,100,000
Deposit, UAE resident (20%)
AED 1,220,000
Deposit, non-resident (40%)
AED 2,440,000
Monthly over 25 years at 3.7%
AED 24,957

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