1-bed · 1,275 sqftExecutive Tower L (West Heights 2), Business Bay · 15th floor · completed 2009

1503, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 5 times, last in August 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.79M13 August 2014
Current rentAED 95K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Executive Tower L (West Heights 2)

What is 1503 worth today?

Last sold for AED 1,785,000 in 2014

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1 May 2026RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
26 Apr 2025RentedNew contract
AED 104,000/yr12 months · AED 82 per sqft
26 Apr 2025RentedNew contract
AED 104,000/yr12 months · AED 82 per sqft
21 Apr 2024RentedNew contract
AED 105,000/yr12 months · AED 83 per sqft
5 Apr 2023RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
5 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
31 Oct 2016RentedNew contract
AED 99,448/yr12 months · AED 78 per sqft
1 Jul 2015RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
1,275 sqft
Floor
15th of 44
Parking
LB - 92
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,900 /yr
Last sold
AED 1.79M · August 2014

About 1503, Executive Tower L (West Heights 2)

1503 is a one-bedroom apartment of 1,275 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. It last sold on 13 August 2014 for AED 1,785,000, or AED 1,400 per sqft, in line with the AED 1,400 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 May 2026, is AED 95,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 21,900 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, October 2011: AED 892,500 (AED 700 per sqft)Sold by developer, October 2011: AED 1,580,080 (AED 1,239 per sqft)Sold, March 2013: AED 1,275,000 (AED 1,000 per sqft)Sold, March 2013: AED 1,275,000 (AED 1,000 per sqft)Sold, August 2014: AED 1,785,000 (AED 1,400 per sqft)

1503 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, 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, July 2014: AED 85,000 a yearNew contract, July 2015: AED 85,000 a yearNew contract, October 2016: AED 99,448 a yearNew contract, October 2022: AED 85,000 a yearNew contract, April 2023: AED 100,000 a yearNew contract, April 2024: AED 105,000 a yearNew contract, April 2025: AED 104,000 a yearNew contract, April 2025: AED 104,000 a yearNew contract, May 2026: AED 95,000 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 1503 sits

All 32 1-beds →

1503 last sold in August 2014 at AED 1,400 per sqft, in line with what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,400). 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. 1503's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20261,540,000
22 Jan 20251,500,000
21 May 20241,435,000
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
15011-bedAED 1.37M · Apr 2011
1502StudioAED 1.02M · Nov 2015
15043-bedAED 3M · Aug 2025
15053-bedAED 2.62M · Jul 2011

1503, Executive Tower L (West Heights 2) in numbers

  • Sold 5 times: first on 18 October 2011 for AED 1,580,080, last on 13 August 2014 for AED 1,785,000 (AED 1,400 per sqft).
  • Rented since July 2014 on 9 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 21,900 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 1 May 2026.

Questions about 1503, Executive Tower L (West Heights 2)

What did unit 1503 last sell for?

AED 1,785,000 on 13 August 2014: AED 1,400 per sqft for 1,275 sqft. The unit has 5 registered sales; the first was AED 1,580,080 in October 2011.

What is the rent for unit 1503?

AED 95,000 a year on the contract signed on 1 May 2026. The previous contract, from April 2025, was AED 104,000; the unit has been rented since July 2014.

How big is unit 1503?

1,275 sqft (118.5 sqm): a one-bedroom apartment on the 15th floor of a 44-storey tower completed in 2009.

What is unit 1503 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 1503, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.79M, 13 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,785,000
Deposit, UAE resident (20%)
AED 357,000
Deposit, non-resident (40%)
AED 714,000
Monthly over 25 years at 3.7%
AED 7,303

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