Studio · 840 sqftExecutive Tower K (West Heights 3), Business Bay · 5th floor · completed 2009

507, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in September 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 1.02M28 September 2010
Current rentAED 87K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Executive Tower K (West Heights 3)

What is 507 worth today?

Last sold for AED 1,017,000 in 2010

Unlock today's estimate, updated daily, with

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

5 Mar 2025RentedNew contract
AED 87,000/yr12 months · AED 104 per sqft
5 Mar 2025RentedNew contract
AED 87,000/yr12 months · AED 104 per sqft
7 Mar 2024RentedNew contract
AED 78,000/yr12 months · AED 93 per sqft
8 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 77 per sqft
20 Jan 2022RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
20 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
1 Jan 2020RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
23 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
Studio apartment
Size
840 sqft
Floor
5th of 45
Parking
KB - 29
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,200 /yr
Last sold
AED 1.02M · September 2010

About 507, Executive Tower K (West Heights 3)

507 is a studio of 840 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 September 2010 for AED 1,017,000, or AED 1,210 per sqft, 42% above the AED 851 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 5 March 2025, is AED 87,000 a year: a gross yield of 8.6% on the 2010 price, before the service charge of about AED 13,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical studio in Executive Tower K (West Heights 3)
500K1M2010201420182022Typical sale price by year: 2010 AED 715,000; 2011 AED 680,000; 2013 AED 715,000; 2014 AED 1,050,000; 2016 AED 1,125,000; 2023 AED 750,000; 2024 AED 1,050,000Sold by developer, September 2010: AED 1,017,000 (AED 1,210 per sqft)Sold, September 2010: AED 480,000 (AED 571 per sqft)

507 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 507, each contractTypical studio in Executive Tower K (West Heights 3)
40K60K80K2014201820222026Typical rent by year: 2014 AED 85,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 68,000; 2019 AED 60,000; 2020 AED 54,250; 2021 AED 47,000; 2022 AED 52,376; 2023 AED 65,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 75,000New contract, June 2014: AED 85,000 a yearNew contract, October 2017: AED 75,000 a yearNew contract, January 2020: AED 55,000 a yearNew contract, January 2021: AED 45,000 a yearRenewal, January 2022: AED 45,000 a yearNew contract, February 2023: AED 65,000 a yearNew contract, March 2024: AED 78,000 a yearNew contract, March 2025: AED 87,000 a yearNew contract, March 2025: AED 87,000 a year

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

Studios in Executive Tower K (West Heights 3), and where 507 sits

All 21 studios →

507 last sold in September 2010 at AED 1,210 per sqft, 42% above what studios in Executive Tower K (West Heights 3) were fetching at the time (AED 851). Over the last 12 months studios sold for AED 1,354,200, around AED 1,612 per sqft, and rent for AED 60,000 to 90,000 a year. 507's AED 87,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 20261,354,200
14 Jul 20251,200,000
3 Jun 20251,250,000
5 Jul 2024944,000
1 studio 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
5051-bedAED 1.88M · Dec 2011
5062-bedAED 1.9M · Jul 2016
5081-bedAED 1M · Feb 2018

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

  • Sold twice: first on 28 September 2010 for AED 480,000, last on 28 September 2010 for AED 1,017,000 (AED 1,210 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 85,000 to AED 45,000 in 2022 and recovered to AED 87,000 by March 2025.
  • At AED 87,000 a year the gross yield on the 2010 price is 8.6%, before a service charge of about AED 13,200 a year (AED 15.68 per sqft).
  • Studios in Executive Tower K (West Heights 3) sold for AED 1,354,200–1,354,200 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 5 March 2025.

Questions about 507, Executive Tower K (West Heights 3)

What did unit 507 last sell for?

AED 1,017,000 on 28 September 2010, sold by the developer: AED 1,210 per sqft for 840 sqft. The unit has 2 registered sales; the first was AED 480,000 in September 2010.

What is the rent for unit 507?

AED 87,000 a year on the contract signed on 5 March 2025. The previous contract, from March 2025, was AED 87,000; the unit has been rented since June 2014.

How big is unit 507?

840 sqft (78.0 sqm): a studio on the 5th floor of a 45-storey tower completed in 2009.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower K (West Heights 3) sold for AED 1,354,200 to 1,354,200 in the last 12 months, around AED 1,612 per sqft.

Selling 507? 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 507, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.02M, 28 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,017,000
Deposit, UAE resident (20%)
AED 203,400
Deposit, non-resident (40%)
AED 406,800
Monthly over 25 years at 3.7%
AED 4,161

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