3-bed · 2,198 sqftExecutive Tower K (West Heights 3), Business Bay · 6th floor · completed 2009

602, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 2 August 2021
Last soldAED 2.1M28 July 2021
Current rentAED 100K /yr2 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Executive Tower K (West Heights 3)

What is 602 worth today?

Last sold for AED 2,100,000 in 2021

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2 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
28 Jul 2021SoldReady
AED 2,100,000AED 955 per sqft
2 Aug 2020RentedRenewal
AED 120,000/yr12 months · AED 55 per sqft
2 Aug 2019RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
2 Aug 2018RentedRenewal
AED 158,485/yr12 months · AED 72 per sqft
2 Aug 2017RentedNew contract
AED 158,485/yr12 months · AED 72 per sqft
2 Aug 2016RentedRenewal
AED 158,485/yr12 months · AED 72 per sqft
2 Aug 2015RentedRenewal
AED 150,938/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 2 August 2021.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
6th of 45
Parking
KB - 33 & 34
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 2.1M · July 2021

About 602, Executive Tower K (West Heights 3)

602 is a three-bedroom apartment of 2,198 sqft on the 6th 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 28 July 2021 for AED 2,100,000, or AED 955 per sqft, 12% above the AED 849 three-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 2 August 2021, is AED 100,000 a year: a gross yield of 4.8% on the 2021 price, before the service charge of about AED 34,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical three-bed in Executive Tower K (West Heights 3)
2M3M4M2010201520202025Typical sale price by year: 2010 AED 2,849,000; 2011 AED 2,005,000; 2012 AED 1,989,500; 2013 AED 2,900,500; 2014 AED 3,325,000; 2016 AED 2,950,000; 2017 AED 2,850,000; 2018 AED 2,475,000; 2019 AED 2,255,000; 2021 AED 2,250,000; 2022 AED 2,337,500; 2023 AED 2,640,000; 2024 AED 3,100,000; 2025 AED 3,600,000; 2026 AED 3,950,000Sold by developer, January 2012: AED 1,979,000 (AED 900 per sqft)Sold, July 2021: AED 2,100,000 (AED 955 per sqft)

602 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 602, each contractTypical three-bed in Executive Tower K (West Heights 3)
100K150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 170,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 152,500; 2019 AED 136,000; 2020 AED 123,000; 2021 AED 123,000; 2022 AED 135,000; 2023 AED 155,107; 2024 AED 180,000; 2025 AED 200,000; 2026 AED 210,000New contract, August 2014: AED 143,750 a yearRenewal, August 2015: AED 150,938 a yearRenewal, August 2016: AED 158,485 a yearNew contract, August 2017: AED 158,485 a yearRenewal, August 2018: AED 158,485 a yearNew contract, August 2019: AED 135,000 a yearRenewal, August 2020: AED 120,000 a yearNew contract, August 2021: AED 100,000 a year

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

3-beds in Executive Tower K (West Heights 3), and where 602 sits

All 64 3-beds →

602 last sold in July 2021 at AED 955 per sqft, 12% above what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 849). Over the last 12 months three-beds sold for AED 3,750,000 to 4,100,000, around AED 1,798 per sqft, and rent for AED 176,195 to 280,000 a year. 602's AED 100,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Sep 20264,100,000
16 Sep 20263,900,000
16 Feb 20263,750,000
5 Jan 20264,000,000
4 3-bed sales 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
6013-bedAED 2.85M · May 2024
6031-bedAED 1.35M · Apr 2015
604StudioAED 875K · Nov 2022
6051-bedAED 1.07M · Jun 2022
6062-bedAED 1.33M · Apr 2010
607StudioAED 750K · Jan 2023
6081-bedAED 690K · Dec 2010

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

  • Sold twice: first on 19 January 2012 for AED 1,979,000, last on 28 July 2021 for AED 2,100,000 (AED 955 per sqft).
  • Rented since August 2014 on 8 Ejari contracts, from AED 143,750 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 4.8%, before a service charge of about AED 34,500 a year (AED 15.68 per sqft).
  • Three-beds in Executive Tower K (West Heights 3) sold for AED 3,750,000–4,100,000 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 2 August 2021.

Questions about 602, Executive Tower K (West Heights 3)

What did unit 602 last sell for?

AED 2,100,000 on 28 July 2021: AED 955 per sqft for 2,198 sqft. The unit has 2 registered sales; the first was AED 1,979,000 in January 2012.

What is the rent for unit 602?

AED 100,000 a year on the contract signed on 2 August 2021. The previous contract, from August 2020, was AED 120,000; the unit has been rented since August 2014.

How big is unit 602?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 6th floor of a 45-storey tower completed in 2009.

What is unit 602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower K (West Heights 3) sold for AED 3,750,000 to 4,100,000 in the last 12 months, around AED 1,798 per sqft.

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Mortgage on 602, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 2.1M, 28 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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