3-bed · 2,198 sqftExecutive Tower K (West Heights 3), Business Bay · 4th floor · completed 2009

402, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in September 2021, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 26 September 2021
Last soldAED 2.35M26 September 2021
Current rentAED 160K /yr25 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Executive Tower K (West Heights 3)

What is 402 worth today?

Last sold for AED 2,350,000 in 2021

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26 Sep 2021SoldReady
AED 2,350,000AED 1,069 per sqft
11 May 2017SoldReady
AED 2,640,000AED 1,201 per sqft
25 Mar 2016RentedRenewal
AED 159,862/yr12 months · AED 73 per sqft
25 Mar 2015RentedNew contract
AED 152,250/yr12 months · AED 69 per sqft
28 Apr 2010Sold by developerReady
AED 2,205,000AED 1,003 per sqft

Source: Dubai Land Department. Updated 26 September 2021.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
4th of 45
Parking
KB - 13 & 14
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.35M · September 2021

About 402, Executive Tower K (West Heights 3)

402 is a three-bedroom apartment of 2,198 sqft on the 4th 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 26 September 2021 for AED 2,350,000, or AED 1,069 per sqft, 12% above the AED 955 three-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 25 March 2016, is AED 159,862 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 34,500 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Executive Tower K (West Heights 3)
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,849,000; 2011 AED 2,005,000; 2012 AED 1,989,500; 2013 AED 2,900,500; 2014 AED 3,325,000; 2016 AED 2,950,000; 2017 AED 2,850,000; 2018 AED 2,475,000; 2019 AED 2,255,000; 2021 AED 2,250,000; 2022 AED 2,337,500; 2023 AED 2,640,000; 2024 AED 3,100,000; 2025 AED 3,600,000; 2026 AED 3,950,000Sold by developer, April 2010: AED 2,205,000 (AED 1,003 per sqft)Sold, May 2017: AED 2,640,000 (AED 1,201 per sqft)Sold, September 2021: AED 2,350,000 (AED 1,069 per sqft)

402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 402, each contractTypical three-bed in Executive Tower K (West Heights 3)
150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 152,500; 2019 AED 136,000; 2020 AED 123,000; 2021 AED 123,000; 2022 AED 135,000; 2023 AED 155,107; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 210,000New contract, March 2015: AED 152,250 a yearRenewal, March 2016: AED 159,862 a year

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

3-beds in Executive Tower K (West Heights 3), and where 402 sits

All 64 3-beds →

402 last sold in September 2021 at AED 1,069 per sqft, 12% above what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 955). Over the last 12 months three-beds sold for AED 3,750,000 to 4,100,000, around AED 1,798 per sqft, and rent for AED 176,195 to 280,000 a year. 402's AED 159,862 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,100,000
16 Sep 20263,900,000
16 Feb 20263,750,000
5 Jan 20264,000,000
4 3-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
4013-bedAED 2.1M · Aug 2022
4031-bedAED 1.62M · Nov 2013
404StudioAED 680K · Dec 2011
4051-bedAED 1.17M · Jul 2022
4062-bedAED 1.26M · Mar 2011
407StudioAED 1.15M · Nov 2016
4081-bedAED 1.22M · May 2024

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

  • Sold 3 times: first on 28 April 2010 for AED 2,205,000, last on 26 September 2021 for AED 2,350,000 (AED 1,069 per sqft).
  • Rented since March 2015 on 2 Ejari contracts, from AED 152,250 to AED 159,862 a year.
  • At AED 159,862 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 34,500 a year (AED 15.68 per sqft).
  • Three-beds in Executive Tower K (West Heights 3) sold for AED 3,750,000–4,100,000 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 26 September 2021.

Questions about 402, Executive Tower K (West Heights 3)

What did unit 402 last sell for?

AED 2,350,000 on 26 September 2021: AED 1,069 per sqft for 2,198 sqft. The unit has 3 registered sales; the first was AED 2,205,000 in April 2010.

What is the rent for unit 402?

AED 159,862 a year on the contract renewed on 25 March 2016. The previous contract, from March 2015, was AED 152,250.

How big is unit 402?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 4th floor of a 45-storey tower completed in 2009.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower K (West Heights 3) sold for AED 3,750,000 to 4,100,000 in the last 12 months, around AED 1,798 per sqft.

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Mortgage on 402, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 2.35M, 26 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

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