4-bed · 3,389 sqftExecutive Tower K (West Heights 3), Business Bay · 42nd floor · completed 2009

4202, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in April 2013, and rented since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4202 · DLD and Ejari recordsUpdated 4 April 2013
Last soldAED 3.95M4 April 2013
Current rentAED 155K /yr16 December 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4202, Executive Tower K (West Heights 3)

What is 4202 worth today?

Last sold for AED 3,950,000 in 2013

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4 Apr 2013SoldReady
AED 3,950,000AED 1,165 per sqft
16 Dec 2012RentedRenewal
AED 155,000/yr12 months · AED 46 per sqft
16 Dec 2011RentedNew contract
AED 150,000/yr12 months · AED 44 per sqft
21 Sep 2010Sold by developerReady
AED 4,090,000AED 1,206 per sqft

Source: Dubai Land Department. Updated 4 April 2013.

Key facts

Type
4-bed apartment
Size
3,389 sqft
Floor
42nd of 45
Parking
KG - 52 & 53
Developer
Dubai Properties
Completed
2009
Service charge
AED 53,100 /yr
Last sold
AED 3.95M · April 2013

About 4202, Executive Tower K (West Heights 3)

4202 is a four-bedroom apartment of 3,389 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 4 April 2013 for AED 3,950,000, or AED 1,165 per sqft, 3% above the AED 1,131 four-beds in the building were fetching at the time.

It has been rented since 2011 on 2 Ejari contracts. The current contract, renewed on 16 December 2012, is AED 155,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 53,100 a year.

Sales and rents for 4202 over time

Sales
Unit 4202, 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, September 2010: AED 4,090,000 (AED 1,206 per sqft)Sold, April 2013: AED 3,950,000 (AED 1,165 per sqft)

4202 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4202, each contractTypical four-bed in Executive Tower K (West Heights 3)
200K300K20112015201920232027Typical 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, December 2011: AED 150,000 a yearRenewal, December 2012: AED 155,000 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 4202 sits

All 16 4-beds →

4202 last sold in April 2013 at AED 1,165 per sqft, 3% above what four-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,131). 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. 4202's AED 155,000 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
42014-bedAED 4M · Jun 2021

4202, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 21 September 2010 for AED 4,090,000, last on 4 April 2013 for AED 3,950,000 (AED 1,165 per sqft).
  • Rented since December 2011 on 2 Ejari contracts, from AED 150,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 53,100 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 4 April 2013.

Questions about 4202, Executive Tower K (West Heights 3)

What did unit 4202 last sell for?

AED 3,950,000 on 4 April 2013: AED 1,165 per sqft for 3,389 sqft. The unit has 2 registered sales; the first was AED 4,090,000 in September 2010.

What is the rent for unit 4202?

AED 155,000 a year on the contract renewed on 16 December 2012. The previous contract, from December 2011, was AED 150,000.

How big is unit 4202?

3,389 sqft (314.8 sqm): a four-bedroom apartment on the 42nd floor of a 45-storey tower completed in 2009.

What is unit 4202 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 4202, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 3.95M, 4 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

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