1-bed · 1,276 sqftExecutive Tower K (West Heights 3), Business Bay · 4th floor · completed 2009

405, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 10 January 2023
Last soldAED 1.17M25 July 2022
Current rentAED 70K /yr10 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Executive Tower K (West Heights 3)

What is 405 worth today?

Last sold for AED 1,170,000 in 2022

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10 Jan 2023RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
25 Jul 2022SoldReady
AED 1,170,000AED 916 per sqft
10 Jan 2022RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
16 Mar 2021Sold by developerReady
AED 850,000AED 666 per sqft
10 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
10 Jan 2020RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
25 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 59 per sqft
9 Oct 2017RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 January 2023.

Key facts

Type
1-bed apartment
Size
1,276 sqft
Floor
4th of 45
Parking
KB - 17
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.17M · July 2022

About 405, Executive Tower K (West Heights 3)

405 is a one-bedroom apartment of 1,276 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 25 July 2022 for AED 1,170,000, or AED 916 per sqft, 4% below the AED 957 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 10 January 2023, is AED 70,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 20,000 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Executive Tower K (West Heights 3)
1M1.5M2010201420182022Typical sale price by year: 2010 AED 890,000; 2011 AED 903,080; 2012 AED 800,000; 2013 AED 1,408,400; 2014 AED 1,550,000; 2015 AED 1,250,000; 2016 AED 1,300,000; 2017 AED 1,420,000; 2018 AED 1,060,000; 2021 AED 950,000; 2022 AED 1,040,000; 2024 AED 1,270,000Sold by developer, March 2021: AED 850,000 (AED 666 per sqft)Sold, July 2022: AED 1,170,000 (AED 916 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Executive Tower K (West Heights 3)
60K80K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 86,600; 2015 AED 102,500; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 72,000; 2020 AED 60,000; 2021 AED 62,500; 2022 AED 70,000; 2023 AED 78,750; 2024 AED 100,000; 2025 AED 101,500; 2026 AED 95,000New contract, October 2017: AED 80,000 a yearNew contract, November 2018: AED 75,000 a yearNew contract, January 2020: AED 70,000 a yearRenewal, January 2021: AED 70,000 a yearNew contract, January 2022: AED 70,000 a yearNew contract, January 2023: AED 70,000 a year

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

1-beds in Executive Tower K (West Heights 3), and where 405 sits

All 35 1-beds →

405 last sold in July 2022 at AED 916 per sqft, 4% below what one-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 957). Over the last 12 months one-beds sold for AED 1,100,000, around AED 1,086 per sqft, and rent for AED 80,000 to 119,008 a year. 405's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jul 20261,100,000
20 Mar 20251,300,000
26 Sep 20241,270,000
9 Sep 20241,400,000
1 1-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
4013-bedAED 2.1M · Aug 2022
4023-bedAED 2.35M · Sep 2021
4031-bedAED 1.62M · Nov 2013
404StudioAED 680K · Dec 2011
4062-bedAED 1.26M · Mar 2011
407StudioAED 1.15M · Nov 2016
4081-bedAED 1.22M · May 2024

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

  • Sold twice: first on 16 March 2021 for AED 850,000, last on 25 July 2022 for AED 1,170,000 (AED 916 per sqft).
  • Rented since October 2017 on 6 Ejari contracts, from AED 80,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 20,000 a year (AED 15.68 per sqft).
  • One-beds in Executive Tower K (West Heights 3) sold for AED 1,100,000–1,100,000 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 10 January 2023.

Questions about 405, Executive Tower K (West Heights 3)

What did unit 405 last sell for?

AED 1,170,000 on 25 July 2022: AED 916 per sqft for 1,276 sqft. The unit has 2 registered sales; the first was AED 850,000 in March 2021.

What is the rent for unit 405?

AED 70,000 a year on the contract signed on 10 January 2023. The previous contract, from January 2022, was AED 70,000; the unit has been rented since October 2017.

How big is unit 405?

1,276 sqft (118.5 sqm): a one-bedroom apartment on the 4th floor of a 45-storey tower completed in 2009.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Tower K (West Heights 3) sold for AED 1,100,000 to 1,100,000 in the last 12 months, around AED 1,086 per sqft.

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Mortgage on 405, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.17M, 25 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

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