Penthouse · 6,638 sqftExecutive Tower K (West Heights 3), Business Bay · 45th floor · completed 2009

4501, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in April 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4501 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 9.13M5 April 2017
Current rentAED 400K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4501, Executive Tower K (West Heights 3)

What is 4501 worth today?

Last sold for AED 9,127,318 in 2017

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1 Apr 2025RentedNew contract
AED 400,000/yr24 months · AED 60 per sqft
1 Apr 2025RentedNew contract
AED 400,000/yr24 months · AED 60 per sqft
20 Mar 2021RentedNew contract
AED 200,000/yr37 months · AED 30 per sqft
5 Apr 2017SoldReady
AED 9,127,318AED 1,375 per sqft
1 Jul 2013RentedNew contract
AED 280,000/yr60 months · AED 42 per sqft
19 Nov 2012Sold by developerReady
AED 6,300,000AED 949 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
Penthouse apartment
Size
6,638 sqft
Floor
45th of 45
Parking
KG - 105 & 106
Developer
Dubai Properties
Completed
2009
Service charge
AED 104,100 /yr
Last sold
AED 9.13M · April 2017

About 4501, Executive Tower K (West Heights 3)

4501 is a penthouse of 6,638 sqft on the 45th 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 5 April 2017 for AED 9,127,318, or AED 1,375 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 400,000 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 104,100 a year.

Sales and rents for 4501 over time

Rents
Unit 4501, each contractTypical penthouse in Executive Tower K (West Heights 3)
200K400K2013201720212025Typical rent by year: 2014 AED 160,000; 2016 AED 165,000; 2021 AED 200,000New contract, July 2013: AED 280,000 a yearNew contract, March 2021: AED 200,000 a yearNew contract, April 2025: AED 400,000 a yearNew contract, April 2025: AED 400,000 a year

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

Penthouses in Executive Tower K (West Heights 3), and where 4501 sits

All 6 penthouses →
Recent penthouse salesUnit no.Price (AED)Summary
14 Mar 20254,495,000
19 Apr 20242,450,000
5 Jul 20182,400,000
13 Dec 20163,600,000
0 penthouse 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
4502PenthouseAED 5.74M · Sep 2012

4501, Executive Tower K (West Heights 3) in numbers

  • Sold twice: first on 19 November 2012 for AED 6,300,000, last on 5 April 2017 for AED 9,127,318 (AED 1,375 per sqft).
  • Rented since July 2013 on 4 Ejari contracts. The rent fell from AED 280,000 to AED 200,000 in 2021 and recovered to AED 400,000 by April 2025.
  • At AED 400,000 a year the gross yield on the 2017 price is 4.4%, before a service charge of about AED 104,100 a year (AED 15.68 per sqft).

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 4501, Executive Tower K (West Heights 3)

What did unit 4501 last sell for?

AED 9,127,318 on 5 April 2017: AED 1,375 per sqft for 6,638 sqft. The unit has 2 registered sales; the first was AED 6,300,000 in November 2012.

What is the rent for unit 4501?

AED 400,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 400,000; the unit has been rented since July 2013.

How big is unit 4501?

6,638 sqft (616.7 sqm): a penthouse on the 45th floor of a 45-storey tower completed in 2009.

What is unit 4501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 4501, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 9.13M, 5 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 9,127,318
Deposit, UAE resident (20%)
AED 1,825,464
Deposit, non-resident (40%)
AED 3,650,927
Monthly over 25 years at 3.7%
AED 37,343

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