503, Executive Tower K (West Heights 3)
Sold prices and rental history: sold 3 times, last in October 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Executive Tower K (West Heights 3)
What is 503 worth today?
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Source: Dubai Land Department. Updated 18 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 1,012 sqft
- Floor
- 5th of 45
- Parking
- KB - 25
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 15,900 /yr
- Last sold
- AED 1.03M · October 2021
About 503, Executive Tower K (West Heights 3)
503 is a one-bedroom apartment of 1,012 sqft on the 5th 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 18 October 2021 for AED 1,025,000, or AED 1,012 per sqft, 36% above the AED 744 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 55,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 15,900 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 503 sits
All 35 1-beds →503 last sold in October 2021 at AED 1,012 per sqft, 36% above what one-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 744). 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. 503's AED 55,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jul 202617 July 2026 | 1,012 sqft | 1,100,000 | 1,086 | ||
| 20 Mar 202520 March 2025 | 1,012 sqft | 1,300,000 | 1,284 | ||
| 26 Sep 202426 September 2024 | 1,012 sqft | 1,270,000 | 1,254 | ||
| 9 Sep 20249 September 2024 | 1,276 sqft | 1,400,000 | 1,097 |
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 5th floor
All 234 units in Executive Tower K (West Heights 3)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,198 sqft | AED 3.06MAED 3,060,000 · Dec 2013December 2013 | 210,000 /yr | |
| 502 | 3-bed | 2,198 sqft | AED 2.73MAED 2,725,000 · Feb 2017February 2017 | 236,000 /yr | |
| 504 | Studio | 840 sqft | AED 680KAED 680,000 · Dec 2011December 2011 | 75,000 /yr | |
| 505 | 1-bed | 1,276 sqft | AED 1.88MAED 1,878,000 · Dec 2011December 2011 | 100,000 /yr | |
| 506 | 2-bed | 1,506 sqft | AED 1.9MAED 1,900,000 · Jul 2016July 2016 | 145,000 /yr | |
| 507 | Studio | 840 sqft | AED 480KAED 480,000 · Sep 2010September 2010 | 87,000 /yr | |
| 508 | 1-bed | 1,012 sqft | AED 1MAED 1,000,000 · Feb 2018February 2018 | 90,000 /yr |
503, Executive Tower K (West Heights 3) in numbers
- Sold 3 times: first on 26 July 2010 for AED 840,000, last on 18 October 2021 for AED 1,025,000 (AED 1,012 per sqft).
- Rented since September 2017 on 4 Ejari contracts, from AED 74,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 15,900 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 18 October 2021.
Questions about 503, Executive Tower K (West Heights 3)
What did unit 503 last sell for?
AED 1,025,000 on 18 October 2021: AED 1,012 per sqft for 1,012 sqft. The unit has 3 registered sales; the first was AED 840,000 in July 2010.
What is the rent for unit 503?
AED 55,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 68,000; the unit has been rented since September 2017.
How big is unit 503?
1,012 sqft (94.0 sqm): a one-bedroom apartment on the 5th floor of a 45-storey tower completed in 2009.
What is unit 503 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 503, Executive Tower K (West Heights 3)
Starts from the last sale price (AED 1.03M, 18 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,025,000
- Deposit, UAE resident (20%)
- AED 205,000
- Deposit, non-resident (40%)
- AED 410,000
- Monthly over 25 years at 3.7%
- AED 4,194
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →