506, Executive Tower K (West Heights 3)
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Executive Tower K (West Heights 3)
What is 506 worth today?
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Source: Dubai Land Department. Updated 23 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,506 sqft
- Floor
- 5th of 45
- Parking
- KB - 28
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 23,600 /yr
- Last sold
- AED 1.9M · July 2016
About 506, Executive Tower K (West Heights 3)
506 is a two-bedroom apartment of 1,506 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 17 July 2016 for AED 1,900,000, or AED 1,261 per sqft, in line with the AED 1,247 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 23 December 2025, is AED 145,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 23,600 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Executive Tower K (West Heights 3), and where 506 sits
All 92 2-beds →506 last sold in July 2016 at AED 1,261 per sqft, in line with what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,247). Over the last 12 months two-beds sold for AED 2,350,000 to 2,580,000, around AED 1,379 per sqft, and rent for AED 78,000 to 172,500 a year. 506's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,788 sqft | 2,580,000 | 1,442 | ||
| 23 Jan 202623 January 2026 | 1,785 sqft | 2,350,000 | 1,316 | ||
| 14 Jul 202514 July 2025 | 1,788 sqft | 2,600,000 | 1,454 | ||
| 29 May 202529 May 2025 | 1,283 sqft | 1,950,000 | 1,519 |
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 | |
| 503 | 1-bed | 1,012 sqft | AED 1.03MAED 1,025,000 · Oct 2021October 2021 | 55,000 /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 | |
| 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 |
506, Executive Tower K (West Heights 3) in numbers
- Sold once: by Dubai Properties on 17 July 2016 for AED 1,900,000, or AED 1,261 per sqft.
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2020 and recovered to AED 145,000 by December 2025.
- At AED 145,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 23,600 a year (AED 15.68 per sqft).
- Two-beds in Executive Tower K (West Heights 3) sold for AED 2,350,000–2,580,000 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 23 December 2025.
Questions about 506, Executive Tower K (West Heights 3)
What did unit 506 last sell for?
AED 1,900,000 on 17 July 2016, sold by the developer: AED 1,261 per sqft for 1,506 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 145,000 a year on the contract signed on 23 December 2025. The previous contract, from November 2020, was AED 80,000; the unit has been rented since March 2014.
How big is unit 506?
1,506 sqft (139.9 sqm): a two-bedroom apartment on the 5th floor of a 45-storey tower completed in 2009.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower K (West Heights 3) sold for AED 2,350,000 to 2,580,000 in the last 12 months, around AED 1,379 per sqft.
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Mortgage on 506, Executive Tower K (West Heights 3)
Starts from the last sale price (AED 1.9M, 17 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →