Studio · 808 sqftExecutive Tower L (West Heights 2), Business Bay · 15th floor · completed 2009

1502, Executive Tower L (West Heights 2)

Sold prices and rental history: sold once, by the developer in November 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 1.02M1 November 2015
Current rentAED 68K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Executive Tower L (West Heights 2)

What is 1502 worth today?

Last sold for AED 1,015,220 in 2015

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15 Jun 2026RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
5 Jan 2026RentedRenewal
AED 93,700/yr12 months · AED 116 per sqft
15 Jun 2025RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
5 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
5 Jan 2025RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
1 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
16 Oct 2022RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
16 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
Studio apartment
Size
808 sqft
Floor
15th of 44
Parking
LB - 91
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 1.02M · November 2015

About 1502, Executive Tower L (West Heights 2)

1502 is a studio of 808 sqft on the 15th floor of Executive Tower L (West Heights 2), a 44-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 1 November 2015 for AED 1,015,220, or AED 1,256 per sqft, in line with the AED 1,256 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 15 June 2026, is AED 68,000 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical studio in Executive Tower L (West Heights 2)
800K1M2011201520192023Typical sale price by year: 2011 AED 768,000; 2012 AED 1,015,220; 2013 AED 808,000; 2014 AED 1,115,040; 2015 AED 997,610; 2024 AED 900,000Sold by developer, November 2015: AED 1,015,220 (AED 1,256 per sqft)

1502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, each contractTypical studio in Executive Tower L (West Heights 2)
50K75K100K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 73,500; 2018 AED 68,263; 2019 AED 60,000; 2020 AED 48,500; 2021 AED 45,500; 2022 AED 51,200; 2023 AED 60,533; 2024 AED 65,000; 2025 AED 72,500; 2026 AED 73,952New contract, July 2015: AED 80,000 a yearNew contract, July 2016: AED 80,000 a yearNew contract, October 2017: AED 70,000 a yearRenewal, October 2018: AED 66,000 a yearRenewal, October 2019: AED 55,000 a yearRenewal, October 2020: AED 55,000 a yearRenewal, October 2021: AED 55,000 a yearRenewal, October 2022: AED 60,000 a yearNew contract, December 2023: AED 70,000 a yearNew contract, January 2025: AED 75,000 a yearNew contract, January 2025: AED 75,000 a yearNew contract, June 2025: AED 70,000 a yearRenewal, January 2026: AED 93,700 a yearRenewal, June 2026: AED 68,000 a year

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

Studios in Executive Tower L (West Heights 2), and where 1502 sits

All 15 studios →

1502 last sold in November 2015 at AED 1,256 per sqft, in line with what studios in Executive Tower L (West Heights 2) were fetching at the time (AED 1,256). Over the last 12 months studios sold for AED 1,050,000, around AED 1,299 per sqft, and rent for AED 54,000 to 93,700 a year. 1502's AED 68,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Aug 20261,050,000
29 Aug 20251,110,000
23 Jul 20251,175,000
3 Jun 2024900,000
1 studio 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
15011-bedAED 1.37M · Apr 2011
15031-bedAED 1.79M · Aug 2014
15043-bedAED 3M · Aug 2025
15053-bedAED 2.62M · Jul 2011

1502, Executive Tower L (West Heights 2) in numbers

  • Sold once: by Dubai Properties on 1 November 2015 for AED 1,015,220, or AED 1,256 per sqft.
  • Rented since July 2015 on 14 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2021 and recovered to AED 68,000 by June 2026.
  • At AED 68,000 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 13,900 a year (AED 17.15 per sqft).
  • Studios in Executive Tower L (West Heights 2) sold for AED 1,050,000–1,050,000 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 15 June 2026.

Questions about 1502, Executive Tower L (West Heights 2)

What did unit 1502 last sell for?

AED 1,015,220 on 1 November 2015, sold by the developer: AED 1,256 per sqft for 808 sqft. It is the only registered sale of the unit.

What is the rent for unit 1502?

AED 68,000 a year on the contract renewed on 15 June 2026. The previous contract, from January 2026, was AED 93,700; the unit has been rented since July 2015.

How big is unit 1502?

808 sqft (75.1 sqm): a studio on the 15th floor of a 44-storey tower completed in 2009.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower L (West Heights 2) sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,299 per sqft.

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Mortgage on 1502, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.02M, 1 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,015,220
Deposit, UAE resident (20%)
AED 203,044
Deposit, non-resident (40%)
AED 406,088
Monthly over 25 years at 3.7%
AED 4,154

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