3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 15th floor · completed 2009

1504, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 4 August 2025
Last soldAED 3M4 August 2025
Current rentAED 200K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Executive Tower L (West Heights 2)

What is 1504 worth today?

Last sold for AED 3,000,000 in 2025

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4 Aug 2025SoldReady
AED 3,000,000AED 1,454 per sqft
20 May 2024RentedNew contract
AED 200,000/yr12 months · AED 97 per sqft
22 Dec 2022RentedNew contract
AED 175,000/yr12 months · AED 85 per sqft
10 Sep 2021RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
10 Sep 2020RentedNew contract
AED 105,000/yr12 months · AED 51 per sqft
1 Feb 2020RentedRenewal
AED 145,000/yr12 months · AED 70 per sqft
1 Feb 2019RentedRenewal
AED 160,000/yr12 months · AED 77 per sqft
1 Feb 2018RentedRenewal
AED 178,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 4 August 2025.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
15th of 44
Parking
LB - 93 & LB - 94
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 3M · August 2025

About 1504, Executive Tower L (West Heights 2)

1504 is a three-bedroom apartment of 2,062 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 4 August 2025 for AED 3,000,000, or AED 1,454 per sqft, in line with the AED 1,495 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 20 May 2024, is AED 200,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 35,400 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M2.5M3M2011201520192023Typical 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, October 2013: AED 1,949,000 (AED 945 per sqft)Sold, August 2025: AED 3,000,000 (AED 1,454 per sqft)

1504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504, 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, February 2015: AED 182,000 a yearNew contract, February 2016: AED 180,000 a yearRenewal, February 2017: AED 185,000 a yearRenewal, February 2018: AED 178,000 a yearRenewal, February 2019: AED 160,000 a yearRenewal, February 2020: AED 145,000 a yearNew contract, September 2020: AED 105,000 a yearRenewal, September 2021: AED 130,000 a yearNew contract, December 2022: AED 175,000 a yearNew contract, May 2024: AED 200,000 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 1504 sits

All 40 3-beds →

1504 last sold in August 2025 at AED 1,454 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,495). 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. 1504's AED 200,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20263,250,000
25 Jun 20253,200,000
20 Mar 20253,000,000
20 Aug 20243,150,000
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
15011-bedAED 1.37M · Apr 2011
1502StudioAED 1.02M · Nov 2015
15031-bedAED 1.79M · Aug 2014
15053-bedAED 2.62M · Jul 2011

1504, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 3 October 2013 for AED 1,949,000, last on 4 August 2025 for AED 3,000,000 (AED 1,454 per sqft).
  • Rented since February 2015 on 10 Ejari contracts. The rent fell from AED 182,000 to AED 105,000 in 2020 and recovered to AED 200,000 by May 2024.
  • At AED 200,000 a year the gross yield on the 2025 price is 6.7%, 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 4 August 2025.

Questions about 1504, Executive Tower L (West Heights 2)

What did unit 1504 last sell for?

AED 3,000,000 on 4 August 2025: AED 1,454 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 1,949,000 in October 2013.

What is the rent for unit 1504?

AED 200,000 a year on the contract signed on 20 May 2024. The previous contract, from December 2022, was AED 175,000; the unit has been rented since February 2015.

How big is unit 1504?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 15th floor of a 44-storey tower completed in 2009.

What is unit 1504 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 1504, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 3M, 4 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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