4-bed · 4,425 sqftExecutive Tower L (West Heights 2), Business Bay · 1st floor · completed 2009

101, Executive Tower L (West Heights 2)

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

Unit 101 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 3.65M6 July 2022
Current rentAED 146K /yr22 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Executive Tower L (West Heights 2)

What is 101 worth today?

Last sold for AED 3,650,000 in 2022

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6 Jul 2022SoldReady
AED 3,650,000AED 824 per sqft
22 Mar 2021RentedRenewal
AED 146,000/yr12 months · AED 33 per sqft
22 Mar 2020RentedRenewal
AED 146,000/yr12 months · AED 33 per sqft
22 Mar 2019RentedNew contract
AED 175,000/yr12 months · AED 40 per sqft
1 Jan 2018RentedRenewal
AED 231,000/yr12 months · AED 52 per sqft
1 Jan 2017RentedNew contract
AED 231,000/yr12 months · AED 52 per sqft
1 Jan 2015RentedNew contract
AED 220,000/yr12 months · AED 50 per sqft
18 Jan 2012Sold by developerReady
AED 3,983,000AED 900 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
4-bed apartment
Size
4,425 sqft
Floor
1st of 44
Parking
LG - 42 &43
Developer
Dubai Properties
Completed
2009
Service charge
AED 75,900 /yr
Last sold
AED 3.65M · July 2022

About 101, Executive Tower L (West Heights 2)

101 is a four-bedroom apartment of 4,425 sqft on the 1st 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 6 July 2022 for AED 3,650,000, or AED 824 per sqft, 24% below the AED 1,081 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 22 March 2021, is AED 146,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 75,900 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical four-bed in Executive Tower L (West Heights 2)
3M4M5M2011201520192023Typical sale price by year: 2011 AED 3,303,738; 2012 AED 3,394,000; 2013 AED 3,875,000; 2014 AED 5,000,000; 2017 AED 4,350,000Sold by developer, January 2012: AED 3,983,000 (AED 900 per sqft)Sold, July 2022: AED 3,650,000 (AED 824 per sqft)

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

Rents
Unit 101, each contractTypical four-bed in Executive Tower L (West Heights 2)
200K300K2013201720212025Typical rent by year: 2013 AED 175,000; 2015 AED 214,750; 2017 AED 250,500; 2018 AED 223,000; 2019 AED 182,500; 2020 AED 175,000; 2021 AED 180,000; 2022 AED 217,500; 2023 AED 262,500; 2024 AED 315,000; 2025 AED 325,000; 2026 AED 341,250New contract, January 2015: AED 220,000 a yearNew contract, January 2017: AED 231,000 a yearRenewal, January 2018: AED 231,000 a yearNew contract, March 2019: AED 175,000 a yearRenewal, March 2020: AED 146,000 a yearRenewal, March 2021: AED 146,000 a year

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

4-beds in Executive Tower L (West Heights 2), and where 101 sits

All 18 4-beds →

101 last sold in July 2022 at AED 824 per sqft, 24% below what four-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,081). Over the last 12 months four-beds sold for AED 5,116,943 to 5,500,000, around AED 1,548 per sqft, and rent for AED 320,000 to 365,000 a year. 101's AED 146,000 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
16 May 20265,500,000
28 Jan 20265,116,943
7 Feb 20255,300,000
18 Mar 20244,600,000
2 4-bed sales in the last 12 months

Executive Tower L (West Heights 2)

Building

167 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%
Executive Tower L (West Heights 2), Business Bay: prices, sales and rents →
Value
1024-bedAED 4.5M · Sep 2013
1034-bedAED 4.35M · May 2017
1044-bedAED 3.52M · Mar 2013

101, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 18 January 2012 for AED 3,983,000, last on 6 July 2022 for AED 3,650,000 (AED 824 per sqft).
  • Rented since January 2015 on 6 Ejari contracts, from AED 220,000 to AED 146,000 a year.
  • At AED 146,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 75,900 a year (AED 17.15 per sqft).
  • Four-beds in Executive Tower L (West Heights 2) sold for AED 5,116,943–5,500,000 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 6 July 2022.

Questions about 101, Executive Tower L (West Heights 2)

What did unit 101 last sell for?

AED 3,650,000 on 6 July 2022: AED 824 per sqft for 4,425 sqft. The unit has 2 registered sales; the first was AED 3,983,000 in January 2012.

What is the rent for unit 101?

AED 146,000 a year on the contract renewed on 22 March 2021. The previous contract, from March 2020, was AED 146,000; the unit has been rented since January 2015.

How big is unit 101?

4,425 sqft (411.1 sqm): a four-bedroom apartment on the 1st floor of a 44-storey tower completed in 2009.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Executive Tower L (West Heights 2) sold for AED 5,116,943 to 5,500,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 101, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 3.65M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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