1-bed · 1,308 sqftExecutive Tower L (West Heights 2), Business Bay · 13th floor · completed 2009

1301, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 1.44M21 May 2024
Current rentAED 65K /yr30 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Executive Tower L (West Heights 2)

What is 1301 worth today?

Last sold for AED 1,435,000 in 2024

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21 May 2024SoldReady
AED 1,435,000AED 1,097 per sqft
12 Jul 2023SoldReady
AED 979,200AED 748 per sqft
30 Oct 2022RentedNew contract
AED 65,100/yr12 months · AED 50 per sqft
4 Oct 2022SoldReady
AED 1,040,000AED 795 per sqft
30 Oct 2021RentedNew contract
AED 62,000/yr12 months · AED 47 per sqft
10 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 50 per sqft
10 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 57 per sqft
10 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
1-bed apartment
Size
1,308 sqft
Floor
13th of 44
Parking
LB - 74
Developer
Dubai Properties
Completed
2009
Service charge
AED 22,400 /yr
Last sold
AED 1.44M · May 2024

About 1301, Executive Tower L (West Heights 2)

1301 is a one-bedroom apartment of 1,308 sqft on the 13th 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 21 May 2024 for AED 1,435,000, or AED 1,097 per sqft, 10% above the AED 993 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 30 October 2022, is AED 65,100 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 22,400 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical one-bed in Executive Tower L (West Heights 2)
1M1.5M2011201520192023Typical sale price by year: 2011 AED 1,570,000; 2012 AED 1,316,000; 2013 AED 1,308,000; 2014 AED 1,785,000; 2015 AED 1,580,080; 2022 AED 1,100,000; 2023 AED 1,135,000; 2024 AED 1,300,000Sold by developer, January 2013: AED 1,150,000 (AED 879 per sqft)Sold, October 2022: AED 1,040,000 (AED 795 per sqft)Sold, July 2023: AED 979,200 (AED 748 per sqft)Sold, May 2024: AED 1,435,000 (AED 1,097 per sqft)

1301 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1301, each contractTypical one-bed in Executive Tower L (West Heights 2)
60K80K100K2013201720212025Typical rent by year: 2013 AED 75,455; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 93,200; 2018 AED 82,000; 2019 AED 75,000; 2020 AED 63,000; 2021 AED 62,500; 2022 AED 66,450; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 97,500New contract, September 2018: AED 80,000 a yearNew contract, September 2019: AED 75,000 a yearNew contract, September 2020: AED 65,000 a yearNew contract, October 2021: AED 62,000 a yearNew contract, October 2022: AED 65,100 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 L (West Heights 2), and where 1301 sits

All 32 1-beds →

1301 last sold in May 2024 at AED 1,097 per sqft, 10% above what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 993). 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. 1301's AED 65,100 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20261,540,000
22 Jan 20251,500,000
1 Apr 20241,300,000
1 Apr 20241,300,000
1 1-bed sale 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
1302StudioAED 1.18M · Jul 2025
13031-bedAED 1.15M · Mar 2023
13043-bedAED 2.82M · Jul 2015
13053-bedAED 2.29M · Mar 2023

1301, Executive Tower L (West Heights 2) in numbers

  • Sold 4 times: first on 28 January 2013 for AED 1,150,000, last on 21 May 2024 for AED 1,435,000 (AED 1,097 per sqft).
  • Rented since September 2018 on 5 Ejari contracts, from AED 80,000 to AED 65,100 a year.
  • At AED 65,100 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 22,400 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 21 May 2024.

Questions about 1301, Executive Tower L (West Heights 2)

What did unit 1301 last sell for?

AED 1,435,000 on 21 May 2024: AED 1,097 per sqft for 1,308 sqft. The unit has 4 registered sales; the first was AED 1,150,000 in January 2013.

What is the rent for unit 1301?

AED 65,100 a year on the contract signed on 30 October 2022. The previous contract, from October 2021, was AED 62,000; the unit has been rented since September 2018.

How big is unit 1301?

1,308 sqft (121.5 sqm): a one-bedroom apartment on the 13th floor of a 44-storey tower completed in 2009.

What is unit 1301 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 1301, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.44M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,435,000
Deposit, UAE resident (20%)
AED 287,000
Deposit, non-resident (40%)
AED 574,000
Monthly over 25 years at 3.7%
AED 5,871

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