4502, Executive Tower K (West Heights 3)
Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4502, Executive Tower K (West Heights 3)
What is 4502 worth today?
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Source: Dubai Land Department. Updated 1 August 2021.
Key facts
- Type
- Penthouse apartment
- Size
- 6,645 sqft
- Floor
- 45th of 45
- Parking
- KG - 91,92,93,107,108
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 104,200 /yr
- Last sold
- AED 5.74M · September 2012
About 4502, Executive Tower K (West Heights 3)
4502 is a penthouse of 6,645 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. The developer sold it on 16 September 2012 for AED 5,737,000, or AED 863 per sqft.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 260,000 a year: a gross yield of 4.5% on the 2012 price, before the service charge of about AED 104,200 a year.
Sales and rents for 4502 over time
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 4502 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Mar 202514 March 2025 | 2,299 sqft | 4,495,000 | 1,955 | ||
| 19 Apr 202419 April 2024 | 2,299 sqft | 2,450,000 | 1,065 | ||
| 5 Jul 20185 July 2018 | 2,331 sqft | 2,400,000 | 1,029 | ||
| 5 Apr 20175 April 2017 | 6,638 sqft | 9,127,318 | 1,375 |
Executive Tower K (West Heights 3)
Building234 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%
Other units on the 45th floor
All 234 units in Executive Tower K (West Heights 3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 4501 | Penthouse | 6,638 sqft | AED 9.13MAED 9,127,318 · Apr 2017April 2017 | 400,000 /yr |
4502, Executive Tower K (West Heights 3) in numbers
- Sold once: by Dubai Properties on 16 September 2012 for AED 5,737,000, or AED 863 per sqft.
- Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 350,000 to AED 215,000 in 2020 and recovered to AED 260,000 by August 2021.
- At AED 260,000 a year the gross yield on the 2012 price is 4.5%, before a service charge of about AED 104,200 a year (AED 15.68 per sqft).
Source: Dubai Land Department. Updated 1 August 2021.
Questions about 4502, Executive Tower K (West Heights 3)
What did unit 4502 last sell for?
AED 5,737,000 on 16 September 2012, sold by the developer: AED 863 per sqft for 6,645 sqft. It is the only registered sale of the unit.
What is the rent for unit 4502?
AED 260,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 215,000; the unit has been rented since August 2013.
How big is unit 4502?
6,645 sqft (617.3 sqm): a penthouse on the 45th floor of a 45-storey tower completed in 2009.
What is unit 4502 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 4502, Executive Tower K (West Heights 3)
Starts from the last sale price (AED 5.74M, 16 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 5,737,000
- Deposit, UAE resident (20%)
- AED 1,147,400
- Deposit, non-resident (40%)
- AED 2,294,800
- Monthly over 25 years at 3.7%
- AED 23,472
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →