4-bed · 4,247 sqftExecutive Tower L (West Heights 2), Business Bay · 1st floor · completed 2009

102, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 3 times, last in September 2013, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 19 September 2013
Last soldAED 4.5M19 September 2013
Current rentAED 200K /yr28 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, Executive Tower L (West Heights 2)

What is 102 worth today?

Last sold for AED 4,500,000 in 2013

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19 Sep 2013SoldReady
AED 4,500,000AED 1,059 per sqft
28 Aug 2013RentedNew contract
AED 200,000/yr12 months · AED 47 per sqft
15 Sep 2011SoldReady
AED 1,500,000AED 353 per sqft
14 Sep 2011Sold by developerReady
AED 4,744,750AED 1,117 per sqft

Source: Dubai Land Department. Updated 19 September 2013.

Key facts

Type
4-bed apartment
Size
4,247 sqft
Floor
1st of 44
Parking
LG - 44 &45
Developer
Dubai Properties
Completed
2009
Service charge
AED 72,800 /yr
Last sold
AED 4.5M · September 2013

About 102, Executive Tower L (West Heights 2)

102 is a four-bedroom apartment of 4,247 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 19 September 2013 for AED 4,500,000, or AED 1,059 per sqft, 3% above the AED 1,025 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 28 August 2013. The current contract, signed on 28 August 2013, is AED 200,000 a year: a gross yield of 4.4% on the 2013 price, before the service charge of about AED 72,800 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical four-bed in Executive Tower L (West Heights 2)
2M4M2011201320152017Typical 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, September 2011: AED 1,500,000 (AED 353 per sqft)Sold by developer, September 2011: AED 4,744,750 (AED 1,117 per sqft)Sold, September 2013: AED 4,500,000 (AED 1,059 per sqft)

102 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 102, 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, August 2013: AED 200,000 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 102 sits

All 18 4-beds →

102 last sold in September 2013 at AED 1,059 per sqft, 3% above what four-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,025). 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. 102's AED 200,000 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
1014-bedAED 3.65M · Jul 2022
1034-bedAED 4.35M · May 2017
1044-bedAED 3.52M · Mar 2013

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

  • Sold 3 times: first on 14 September 2011 for AED 4,744,750, last on 19 September 2013 for AED 4,500,000 (AED 1,059 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2013 price is 4.4%, before a service charge of about AED 72,800 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 19 September 2013.

Questions about 102, Executive Tower L (West Heights 2)

What did unit 102 last sell for?

AED 4,500,000 on 19 September 2013: AED 1,059 per sqft for 4,247 sqft. The unit has 3 registered sales; the first was AED 4,744,750 in September 2011.

What is the rent for unit 102?

AED 200,000 a year on the contract signed on 28 August 2013.

How big is unit 102?

4,247 sqft (394.6 sqm): a four-bedroom apartment on the 1st floor of a 44-storey tower completed in 2009.

What is unit 102 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 102, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 4.5M, 19 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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