1003, Executive Tower L (West Heights 2)
Sold prices and rental history: sold twice, last in April 2024, 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 1003, Executive Tower L (West Heights 2)
What is 1003 worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,275 sqft
- Floor
- 10th of 44
- Parking
- LB - 55
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 21,900 /yr
- Last sold
- AED 1.3M · April 2024
About 1003, Executive Tower L (West Heights 2)
1003 is a one-bedroom apartment of 1,275 sqft on the 10th floor of Executive Tower L (West Heights 2), a 44-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 1 April 2024 for AED 1,300,000, or AED 1,019 per sqft, 5% above the AED 974 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 30 August 2023, is AED 70,345 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 21,900 a year.
Sales and rents for 1003 over time
1003 has sold twice; the dashed line is the one-bed median of each year in the building.
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 L (West Heights 2), and where 1003 sits
All 32 1-beds →1003 last sold in April 2024 at AED 1,019 per sqft, 5% above what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 974). Over the last 12 months one-beds sold for AED 1,540,000, around AED 1,203 per sqft, and rent for AED 80,222 to 400,000 a year. 1003's AED 70,345 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 1,280 sqft | 1,540,000 | 1,203 | ||
| 22 Jan 202522 January 2025 | 1,275 sqft | 1,500,000 | 1,176 | ||
| 21 May 202421 May 2024 | 1,308 sqft | 1,435,000 | 1,097 | ||
| 1 Apr 20241 April 2024 | 1,308 sqft | 1,300,000 | 993 |
Executive Tower L (West Heights 2)
Building167 apartments, studios to 4-bed over 44 floors in Business Bay, completed in 2009 by Dubai Properties. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,496 Up 3.1%
- Typical sale
- AED 2.43M
- Typical rent
- AED 135K /yr
- Typical yield
- 5.7%
Other units on the 10th floor
All 167 units in Executive Tower L (West Heights 2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,308 sqft | AED 916KAED 915,600 · Apr 2013April 2013 | 90,000 /yr | |
| 1002 | Studio | 808 sqft | AED 764KAED 764,000 · May 2013May 2013 | 87,529 /yr | |
| 1004 | 3-bed | 2,062 sqft | AED 1.95MAED 1,950,000 · Jun 2021June 2021 | 140,000 /yr | |
| 1005 | 3-bed | 2,062 sqft | AED 2.74MAED 2,740,000 · Dec 2017December 2017 | 170,000 /yr |
1003, Executive Tower L (West Heights 2) in numbers
- Sold twice: first on 4 July 2011 for AED 1,607,000, last on 1 April 2024 for AED 1,300,000 (AED 1,019 per sqft).
- Rented since August 2014 on 10 Ejari contracts, from AED 100,000 to AED 70,345 a year.
- At AED 70,345 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 21,900 a year (AED 17.15 per sqft).
- One-beds in Executive Tower L (West Heights 2) sold for AED 1,540,000–1,540,000 in the 12 months to November 2026; the building's median across all types is AED 1,496 per sqft.
Source: Dubai Land Department. Updated 1 April 2024.
Questions about 1003, Executive Tower L (West Heights 2)
What did unit 1003 last sell for?
AED 1,300,000 on 1 April 2024: AED 1,019 per sqft for 1,275 sqft. The unit has 2 registered sales; the first was AED 1,607,000 in July 2011.
What is the rent for unit 1003?
AED 70,345 a year on the contract renewed on 30 August 2023. The previous contract, from August 2022, was AED 70,000; the unit has been rented since August 2014.
How big is unit 1003?
1,275 sqft (118.5 sqm): a one-bedroom apartment on the 10th floor of a 44-storey tower completed in 2009.
What is unit 1003 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 L (West Heights 2) sold for AED 1,540,000 to 1,540,000 in the last 12 months, around AED 1,203 per sqft.
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Mortgage on 1003, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 1.3M, 1 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →