2-bed · 2,121 sqftExecutive Tower K (West Heights 3), Business Bay · 35th floor · completed 2009

3504, Executive Tower K (West Heights 3)

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

Unit 3504 · DLD and Ejari recordsUpdated 6 February 2024
Last soldAED 2M6 February 2024
Current rentAED 99K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, Executive Tower K (West Heights 3)

What is 3504 worth today?

Last sold for AED 2,000,000 in 2024

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6 Feb 2024SoldReady
AED 2,000,000AED 942 per sqft
15 Feb 2023RentedRenewal
AED 99,225/yr12 months · AED 47 per sqft
16 Feb 2022RentedRenewal
AED 94,500/yr12 months · AED 45 per sqft
16 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
1 Nov 2020RentedRenewal
AED 90,000/yr3 months · AED 42 per sqft
1 Nov 2019RentedNew contract
AED 105,000/yr12 months · AED 50 per sqft
20 Oct 2017RentedNew contract
AED 135,000/yr12 months · AED 64 per sqft
7 Jul 2015Sold by developerReady
AED 2,582,000AED 1,217 per sqft

Source: Dubai Land Department. Updated 6 February 2024.

Key facts

Type
2-bed apartment
Size
2,121 sqft
Floor
35th of 45
Parking
KG - 25
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,300 /yr
Last sold
AED 2M · February 2024

About 3504, Executive Tower K (West Heights 3)

3504 is a two-bedroom apartment of 2,121 sqft on the 35th 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 February 2024 for AED 2,000,000, or AED 942 per sqft, 19% below the AED 1,167 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 February 2023, is AED 99,225 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 33,300 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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 2015: AED 2,582,000 (AED 1,217 per sqft)Sold, February 2024: AED 2,000,000 (AED 942 per sqft)

3504 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, 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, October 2013: AED 130,000 a yearNew contract, October 2017: AED 135,000 a yearNew contract, November 2019: AED 105,000 a yearRenewal, November 2020: AED 90,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 94,500 a yearRenewal, February 2023: AED 99,225 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 3504 sits

All 92 2-beds →

3504 last sold in February 2024 at AED 942 per sqft, 19% below what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,167). 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. 3504's AED 99,225 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
35012-bedAED 2.6M · Jul 2013
35022-bedAED 2.01M · Feb 2025
35032-bedAED 2.54M · Oct 2014

3504, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 7 July 2015 for AED 2,582,000, last on 6 February 2024 for AED 2,000,000 (AED 942 per sqft).
  • Rented since October 2013 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2021 and recovered to AED 99,225 by February 2023.
  • At AED 99,225 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 33,300 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 February 2024.

Questions about 3504, Executive Tower K (West Heights 3)

What did unit 3504 last sell for?

AED 2,000,000 on 6 February 2024: AED 942 per sqft for 2,121 sqft. The unit has 2 registered sales; the first was AED 2,582,000 in July 2015.

What is the rent for unit 3504?

AED 99,225 a year on the contract renewed on 15 February 2023. The previous contract, from February 2022, was AED 94,500; the unit has been rented since October 2013.

How big is unit 3504?

2,121 sqft (197.0 sqm): a two-bedroom apartment on the 35th floor of a 45-storey tower completed in 2009.

What is unit 3504 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 3504, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 2M, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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