1-bed · 1,276 sqftExecutive Tower K (West Heights 3), Business Bay · 5th floor · completed 2009

505, Executive Tower K (West Heights 3)

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.88M28 December 2011
Current rentAED 100K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Executive Tower K (West Heights 3)

What is 505 worth today?

Last sold for AED 1,878,000 in 2011

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2025RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
1 Jul 2025RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
1 Jul 2024RentedRenewal
AED 85,000/yr12 months · AED 67 per sqft
1 Jul 2023RentedRenewal
AED 74,000/yr12 months · AED 58 per sqft
1 Jul 2022RentedRenewal
AED 68,000/yr12 months · AED 53 per sqft
1 Jul 2021RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
1 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
1 Jul 2019RentedNew contract
AED 74,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
1-bed apartment
Size
1,276 sqft
Floor
5th of 45
Parking
KB - 27
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.88M · December 2011

About 505, Executive Tower K (West Heights 3)

505 is a one-bedroom apartment of 1,276 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. The developer sold it on 28 December 2011 for AED 1,878,000, or AED 1,471 per sqft, 102% above the AED 728 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 100,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 20,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Executive Tower K (West Heights 3)
1M1.5M2M2010201420182022Typical sale price by year: 2010 AED 890,000; 2011 AED 903,080; 2012 AED 800,000; 2013 AED 1,408,400; 2014 AED 1,550,000; 2015 AED 1,250,000; 2016 AED 1,300,000; 2017 AED 1,420,000; 2018 AED 1,060,000; 2021 AED 950,000; 2022 AED 1,040,000; 2024 AED 1,270,000Sold by developer, December 2011: AED 1,878,000 (AED 1,471 per sqft)

505 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Executive Tower K (West Heights 3)
75K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 86,600; 2015 AED 102,500; 2016 AED 95,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 72,000; 2020 AED 60,000; 2021 AED 62,500; 2022 AED 70,000; 2023 AED 78,750; 2024 AED 100,000; 2025 AED 101,500; 2026 AED 95,000New contract, May 2015: AED 106,000 a yearNew contract, May 2018: AED 105,000 a yearNew contract, July 2019: AED 74,000 a yearRenewal, July 2020: AED 70,000 a yearRenewal, July 2021: AED 65,000 a yearRenewal, July 2022: AED 68,000 a yearRenewal, July 2023: AED 74,000 a yearRenewal, July 2024: AED 85,000 a yearRenewal, July 2025: AED 100,000 a yearRenewal, July 2025: AED 100,000 a year

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 505 sits

All 35 1-beds →

505 last sold in December 2011 at AED 1,471 per sqft, 102% above what one-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 728). 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. 505's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Jul 20261,100,000
20 Mar 20251,300,000
26 Sep 20241,270,000
9 Sep 20241,400,000
1 1-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
5013-bedAED 3.06M · Dec 2013
5023-bedAED 2.73M · Feb 2017
5031-bedAED 1.03M · Oct 2021
504StudioAED 680K · Dec 2011
5062-bedAED 1.9M · Jul 2016
507StudioAED 480K · Sep 2010
5081-bedAED 1M · Feb 2018

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

  • Sold once: by Dubai Properties on 28 December 2011 for AED 1,878,000, or AED 1,471 per sqft.
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 106,000 to AED 65,000 in 2021 and recovered to AED 100,000 by July 2025.
  • At AED 100,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 20,000 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 1 July 2025.

Questions about 505, Executive Tower K (West Heights 3)

What did unit 505 last sell for?

AED 1,878,000 on 28 December 2011, sold by the developer: AED 1,471 per sqft for 1,276 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 100,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 100,000; the unit has been rented since May 2015.

How big is unit 505?

1,276 sqft (118.5 sqm): a one-bedroom apartment on the 5th floor of a 45-storey tower completed in 2009.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.88M, 28 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,878,000
Deposit, UAE resident (20%)
AED 375,600
Deposit, non-resident (40%)
AED 751,200
Monthly over 25 years at 3.7%
AED 7,683

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