4-bed · 3,392 sqftExecutive Tower K (West Heights 3), Business Bay · 42nd floor · completed 2009

4201, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4201 · DLD and Ejari recordsUpdated 16 June 2021
Last soldAED 4M16 June 2021
Current rentAED 150K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4201, Executive Tower K (West Heights 3)

What is 4201 worth today?

Last sold for AED 4,000,000 in 2021

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16 Jun 2021SoldReady
AED 4,000,000AED 1,179 per sqft
1 Dec 2020RentedRenewal
AED 150,000/yr12 months · AED 44 per sqft
1 Dec 2019RentedRenewal
AED 163,000/yr12 months · AED 48 per sqft
1 Dec 2018RentedNew contract
AED 175,000/yr12 months · AED 52 per sqft
28 Jul 2017RentedNew contract
AED 210,000/yr12 months · AED 62 per sqft
17 Oct 2016SoldReady
AED 4,100,000AED 1,208 per sqft
5 Jul 2016RentedRenewal
AED 222,640/yr12 months · AED 66 per sqft
5 Jul 2015RentedRenewal
AED 202,400/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 16 June 2021.

Key facts

Type
4-bed apartment
Size
3,392 sqft
Floor
42nd of 45
Parking
KG - 50 & 51
Developer
Dubai Properties
Completed
2009
Service charge
AED 53,200 /yr
Last sold
AED 4M · June 2021

About 4201, Executive Tower K (West Heights 3)

4201 is a four-bedroom apartment of 3,392 sqft on the 42nd 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 16 June 2021 for AED 4,000,000, or AED 1,179 per sqft.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 150,000 a year: a gross yield of 3.8% on the 2021 price, before the service charge of about AED 53,200 a year.

Sales and rents for 4201 over time

Sales
Unit 4201, each saleTypical four-bed in Executive Tower K (West Heights 3)
3.5M4M4.5M20102013201620192022Typical 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 3,480,750 (AED 1,026 per sqft)Sold, October 2016: AED 4,100,000 (AED 1,208 per sqft)Sold, June 2021: AED 4,000,000 (AED 1,179 per sqft)

4201 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4201, 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, July 2013: AED 160,000 a yearRenewal, July 2014: AED 184,000 a yearRenewal, July 2015: AED 202,400 a yearRenewal, July 2016: AED 222,640 a yearNew contract, July 2017: AED 210,000 a yearNew contract, December 2018: AED 175,000 a yearRenewal, December 2019: AED 163,000 a yearRenewal, December 2020: AED 150,000 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 4201 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. 4201's AED 150,000 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
42024-bedAED 3.95M · Apr 2013

4201, Executive Tower K (West Heights 3) in numbers

  • Sold 3 times: first on 24 February 2010 for AED 3,480,750, last on 16 June 2021 for AED 4,000,000 (AED 1,179 per sqft).
  • Rented since July 2013 on 8 Ejari contracts, from AED 160,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 3.8%, 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 16 June 2021.

Questions about 4201, Executive Tower K (West Heights 3)

What did unit 4201 last sell for?

AED 4,000,000 on 16 June 2021: AED 1,179 per sqft for 3,392 sqft. The unit has 3 registered sales; the first was AED 3,480,750 in February 2010.

What is the rent for unit 4201?

AED 150,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 163,000; the unit has been rented since July 2013.

How big is unit 4201?

3,392 sqft (315.1 sqm): a four-bedroom apartment on the 42nd floor of a 45-storey tower completed in 2009.

What is unit 4201 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 4201, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 4M, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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