Studio · 840 sqftExecutive Tower K (West Heights 3), Business Bay · 6th floor · completed 2009

604, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 29 November 2022
Last soldAED 875K29 November 2022
Current rentAED 45K /yr20 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Executive Tower K (West Heights 3)

What is 604 worth today?

Last sold for AED 875,000 in 2022

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29 Nov 2022SoldReady
AED 875,000AED 1,041 per sqft
20 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
15 Feb 2020RentedRenewal
AED 58,000/yr12 months · AED 69 per sqft
15 Feb 2019RentedRenewal
AED 68,000/yr12 months · AED 81 per sqft
15 Feb 2018RentedNew contract
AED 72,000/yr12 months · AED 86 per sqft
15 Jan 2015RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
22 Apr 2014SoldReady
AED 1,200,000AED 1,428 per sqft
19 Aug 2010Sold by developerReady
AED 715,000AED 851 per sqft

Source: Dubai Land Department. Updated 29 November 2022.

Key facts

Type
Studio apartment
Size
840 sqft
Floor
6th of 45
Parking
KB - 36
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,200 /yr
Last sold
AED 875K · November 2022

About 604, Executive Tower K (West Heights 3)

604 is a studio of 840 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 29 November 2022 for AED 875,000, or AED 1,041 per sqft.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 20 December 2020, is AED 45,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 13,200 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical studio in Executive Tower K (West Heights 3)
750K1M1.25M2010201420182022Typical 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, August 2010: AED 715,000 (AED 851 per sqft)Sold, April 2014: AED 1,200,000 (AED 1,428 per sqft)Sold, November 2022: AED 875,000 (AED 1,041 per sqft)

604 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 604, 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, January 2015: AED 45,000 a yearNew contract, February 2018: AED 72,000 a yearRenewal, February 2019: AED 68,000 a yearRenewal, February 2020: AED 58,000 a yearNew contract, December 2020: AED 45,000 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 604 sits

All 21 studios →

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. 604's AED 45,000 is at the bottom 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
6013-bedAED 2.85M · May 2024
6023-bedAED 2.1M · Jul 2021
6031-bedAED 1.35M · Apr 2015
6051-bedAED 1.07M · Jun 2022
6062-bedAED 1.33M · Apr 2010
607StudioAED 750K · Jan 2023
6081-bedAED 690K · Dec 2010

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

  • Sold 3 times: first on 19 August 2010 for AED 715,000, last on 29 November 2022 for AED 875,000 (AED 1,041 per sqft).
  • Rented since January 2015 on 5 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 5.1%, 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 29 November 2022.

Questions about 604, Executive Tower K (West Heights 3)

What did unit 604 last sell for?

AED 875,000 on 29 November 2022: AED 1,041 per sqft for 840 sqft. The unit has 3 registered sales; the first was AED 715,000 in August 2010.

What is the rent for unit 604?

AED 45,000 a year on the contract signed on 20 December 2020. The previous contract, from February 2020, was AED 58,000; the unit has been rented since January 2015.

How big is unit 604?

840 sqft (78.0 sqm): a studio on the 6th floor of a 45-storey tower completed in 2009.

What is unit 604 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.

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Mortgage on 604, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 875K, 29 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

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