4-bed · 3,392 sqftExecutive Tower K (West Heights 3), Business Bay · 38th floor · completed 2009

3801, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in December 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 8 December 2016
Last soldAED 4.13M8 December 2016
Current rentAED 220K /yr1 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, Executive Tower K (West Heights 3)

What is 3801 worth today?

Last sold for AED 4,125,000 in 2016

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8 Dec 2016SoldReady
AED 4,125,000AED 1,216 per sqft
1 Sep 2015RentedNew contract
AED 220,000/yr12 months · AED 65 per sqft
7 Aug 2013RentedNew contract
AED 215,000/yr12 months · AED 63 per sqft
9 Jun 2010Sold by developerReady
AED 5,728,000AED 1,688 per sqft

Source: Dubai Land Department. Updated 8 December 2016.

Key facts

Type
4-bed apartment
Size
3,392 sqft
Floor
38th of 45
Parking
KG - 34 & 35
Developer
Dubai Properties
Completed
2009
Service charge
AED 53,200 /yr
Last sold
AED 4.13M · December 2016

About 3801, Executive Tower K (West Heights 3)

3801 is a four-bedroom apartment of 3,392 sqft on the 38th 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 December 2016 for AED 4,125,000, or AED 1,216 per sqft, 3% above the AED 1,179 four-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 September 2015, is AED 220,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 53,200 a year.

Sales and rents for 3801 over time

Sales
Unit 3801, each saleTypical four-bed in Executive Tower K (West Heights 3)
4M5M6M20102013201620192022Typical 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, June 2010: AED 5,728,000 (AED 1,688 per sqft)Sold, December 2016: AED 4,125,000 (AED 1,216 per sqft)

3801 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3801, 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 2013: AED 215,000 a yearNew contract, September 2015: AED 220,000 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 3801 sits

All 16 4-beds →

3801 last sold in December 2016 at AED 1,216 per sqft, 3% above what four-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,179). 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. 3801's AED 220,000 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
8 Jun 20236,100,000
28 Jun 20223,750,000
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 →
Value
38024-bedAED 3.5M · Oct 2016

3801, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 9 June 2010 for AED 5,728,000, last on 8 December 2016 for AED 4,125,000 (AED 1,216 per sqft).
  • Rented since August 2013 on 2 Ejari contracts, from AED 215,000 to AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 53,200 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 December 2016.

Questions about 3801, Executive Tower K (West Heights 3)

What did unit 3801 last sell for?

AED 4,125,000 on 8 December 2016: AED 1,216 per sqft for 3,392 sqft. The unit has 2 registered sales; the first was AED 5,728,000 in June 2010.

What is the rent for unit 3801?

AED 220,000 a year on the contract signed on 1 September 2015. The previous contract, from August 2013, was AED 215,000.

How big is unit 3801?

3,392 sqft (315.1 sqm): a four-bedroom apartment on the 38th floor of a 45-storey tower completed in 2009.

What is unit 3801 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 3801, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 4.13M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,125,000
Deposit, UAE resident (20%)
AED 825,000
Deposit, non-resident (40%)
AED 1,650,000
Monthly over 25 years at 3.7%
AED 16,877

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