1-bed · 1,012 sqftExecutive Tower K (West Heights 3), Business Bay · 7th floor · completed 2009

708, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in October 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 11 July 2020
Last soldAED 1.11M22 October 2018
Current rentAED 50K /yr11 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Executive Tower K (West Heights 3)

What is 708 worth today?

Last sold for AED 1,111,000 in 2018

Unlock today's estimate, updated daily, with

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

11 Jul 2020RentedRenewal
AED 50,000/yr24 months · AED 49 per sqft
11 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 49 per sqft
22 Oct 2018SoldReady
AED 1,111,000AED 1,097 per sqft
11 Jun 2015RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
7 Feb 2011Sold by developerReady
AED 1,381,050AED 1,364 per sqft

Source: Dubai Land Department. Updated 11 July 2020.

Key facts

Type
1-bed apartment
Size
1,012 sqft
Floor
7th of 45
Parking
KB - 50
Developer
Dubai Properties
Completed
2009
Service charge
AED 15,900 /yr
Last sold
AED 1.11M · October 2018

About 708, Executive Tower K (West Heights 3)

708 is a one-bedroom apartment of 1,012 sqft on the 7th 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 22 October 2018 for AED 1,111,000, or AED 1,097 per sqft, 5% above the AED 1,047 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 11 July 2020, is AED 50,000 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 15,900 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Executive Tower K (West Heights 3)
1M1.5M2010201420182022Typical 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, February 2011: AED 1,381,050 (AED 1,364 per sqft)Sold, October 2018: AED 1,111,000 (AED 1,097 per sqft)

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

Rents
Unit 708, each contractTypical one-bed in Executive Tower K (West Heights 3)
50K75K100K2013201720212025Typical 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, June 2015: AED 90,000 a yearNew contract, July 2019: AED 50,000 a yearRenewal, July 2020: AED 50,000 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 708 sits

All 35 1-beds →

708 last sold in October 2018 at AED 1,097 per sqft, 5% above what one-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,047). 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. 708's AED 50,000 is at the bottom 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
7013-bedAED 2.4M · Oct 2022
7023-bedAED 2.25M · Oct 2021
7031-bedAED 1.01M · Aug 2022
704StudioAED 1.2M · Jun 2024
7051-bedAED 950K · Jan 2021
7062-bedAED 2.08M · Jul 2024
707StudioAED 754K · Dec 2011

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

  • Sold twice: first on 7 February 2011 for AED 1,381,050, last on 22 October 2018 for AED 1,111,000 (AED 1,097 per sqft).
  • Rented since June 2015 on 3 Ejari contracts, from AED 90,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 4.5%, before a service charge of about AED 15,900 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 11 July 2020.

Questions about 708, Executive Tower K (West Heights 3)

What did unit 708 last sell for?

AED 1,111,000 on 22 October 2018: AED 1,097 per sqft for 1,012 sqft. The unit has 2 registered sales; the first was AED 1,381,050 in February 2011.

What is the rent for unit 708?

AED 50,000 a year on the contract renewed on 11 July 2020. The previous contract, from July 2019, was AED 50,000; the unit has been rented since June 2015.

How big is unit 708?

1,012 sqft (94.0 sqm): a one-bedroom apartment on the 7th floor of a 45-storey tower completed in 2009.

What is unit 708 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 708? 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 708, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.11M, 22 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,111,000
Deposit, UAE resident (20%)
AED 222,200
Deposit, non-resident (40%)
AED 444,400
Monthly over 25 years at 3.7%
AED 4,545

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