3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 13th floor · completed 2009

1304, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 3 times, last in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 27 August 2020
Last soldAED 2.82M13 July 2015
Current rentAED 125K /yr27 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Executive Tower L (West Heights 2)

What is 1304 worth today?

Last sold for AED 2,820,000 in 2015

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27 Aug 2020RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
27 Aug 2019RentedRenewal
AED 152,000/yr12 months · AED 74 per sqft
27 Aug 2018RentedRenewal
AED 168,000/yr12 months · AED 81 per sqft
27 Aug 2017RentedRenewal
AED 182,500/yr12 months · AED 88 per sqft
27 Aug 2016RentedRenewal
AED 195,000/yr12 months · AED 94 per sqft
27 Aug 2015RentedNew contract
AED 195,000/yr12 months · AED 94 per sqft
13 Jul 2015SoldReady
AED 2,820,000AED 1,367 per sqft
29 Sep 2011SoldReady
AED 1,515,570AED 734 per sqft

Source: Dubai Land Department. Updated 27 August 2020.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
13th of 44
Parking
LB - 77 & 78
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 2.82M · July 2015

About 1304, Executive Tower L (West Heights 2)

1304 is a three-bedroom apartment of 2,062 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 13 July 2015 for AED 2,820,000, or AED 1,367 per sqft, in line with the AED 1,367 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 27 August 2020, is AED 125,000 a year: a gross yield of 4.4% on the 2015 price, before the service charge of about AED 35,400 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M3M2011201520192023Typical sale price by year: 2011 AED 2,062,000; 2012 AED 2,030,000; 2013 AED 2,500,000; 2014 AED 2,786,925; 2015 AED 2,820,000; 2016 AED 2,800,000; 2017 AED 2,623,850; 2023 AED 2,330,000; 2025 AED 3,000,000Sold by developer, August 2011: AED 2,599,000 (AED 1,260 per sqft)Sold, September 2011: AED 1,515,570 (AED 734 per sqft)Sold, July 2015: AED 2,820,000 (AED 1,367 per sqft)

1304 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1304, each contractTypical three-bed in Executive Tower L (West Heights 2)
100K150K200K2012201620202024Typical rent by year: 2012 AED 109,683; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 167,500; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 118,250; 2022 AED 129,680; 2023 AED 136,757; 2024 AED 172,371; 2025 AED 195,000; 2026 AED 192,500New contract, August 2015: AED 195,000 a yearRenewal, August 2016: AED 195,000 a yearRenewal, August 2017: AED 182,500 a yearRenewal, August 2018: AED 168,000 a yearRenewal, August 2019: AED 152,000 a yearNew contract, August 2020: AED 125,000 a year

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

3-beds in Executive Tower L (West Heights 2), and where 1304 sits

All 40 3-beds →

1304 last sold in July 2015 at AED 1,367 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,367). Over the last 12 months three-beds sold for AED 3,250,000, around AED 1,576 per sqft, and rent for AED 157,000 to 225,000 a year. 1304's AED 125,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20263,250,000
4 Aug 20253,000,000
25 Jun 20253,200,000
20 Mar 20253,000,000
1 3-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
13011-bedAED 1.44M · May 2024
1302StudioAED 1.18M · Jul 2025
13031-bedAED 1.15M · Mar 2023
13053-bedAED 2.29M · Mar 2023

1304, Executive Tower L (West Heights 2) in numbers

  • Sold 3 times: first on 18 August 2011 for AED 2,599,000, last on 13 July 2015 for AED 2,820,000 (AED 1,367 per sqft).
  • Rented since August 2015 on 6 Ejari contracts, from AED 195,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2015 price is 4.4%, before a service charge of about AED 35,400 a year (AED 17.15 per sqft).
  • Three-beds in Executive Tower L (West Heights 2) sold for AED 3,250,000–3,250,000 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 27 August 2020.

Questions about 1304, Executive Tower L (West Heights 2)

What did unit 1304 last sell for?

AED 2,820,000 on 13 July 2015: AED 1,367 per sqft for 2,062 sqft. The unit has 3 registered sales; the first was AED 2,599,000 in August 2011.

What is the rent for unit 1304?

AED 125,000 a year on the contract signed on 27 August 2020. The previous contract, from August 2019, was AED 152,000; the unit has been rented since August 2015.

How big is unit 1304?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 13th floor of a 44-storey tower completed in 2009.

What is unit 1304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower L (West Heights 2) sold for AED 3,250,000 to 3,250,000 in the last 12 months, around AED 1,576 per sqft.

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Mortgage on 1304, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.82M, 13 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,820,000
Deposit, UAE resident (20%)
AED 564,000
Deposit, non-resident (40%)
AED 1,128,000
Monthly over 25 years at 3.7%
AED 11,537

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