3-bed · 2,069 sqftExecutive Tower L (West Heights 2), Business Bay · 16th floor · completed 2009

1605, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 30 June 2015
Last soldAED 1.6M30 June 2015
Current rentAED 140K /yr7 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Executive Tower L (West Heights 2)

What is 1605 worth today?

Last sold for AED 1,603,475 in 2015

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30 Jun 2015SoldReady
AED 1,603,475AED 774 per sqft
7 Jun 2015RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
28 Jan 2014RentedRenewal
AED 150,000/yr12 months · AED 72 per sqft
28 Jan 2013RentedNew contract
AED 150,000/yr12 months · AED 72 per sqft
16 Jan 2012RentedNew contract
AED 135,000/yr12 months · AED 65 per sqft
11 Apr 2011Sold by developerReady
AED 2,172,000AED 1,049 per sqft

Source: Dubai Land Department. Updated 30 June 2015.

Key facts

Type
3-bed apartment
Size
2,069 sqft
Floor
16th of 44
Parking
LB - 102 & 103
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,500 /yr
Last sold
AED 1.6M · June 2015

About 1605, Executive Tower L (West Heights 2)

1605 is a three-bedroom apartment of 2,069 sqft on the 16th 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 30 June 2015 for AED 1,603,475, or AED 774 per sqft, 34% below the AED 1,180 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 7 June 2015, is AED 140,000 a year: a gross yield of 8.7% on the 2015 price, before the service charge of about AED 35,500 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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, April 2011: AED 2,172,000 (AED 1,049 per sqft)Sold, June 2015: AED 1,603,475 (AED 774 per sqft)

1605 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1605, 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, January 2012: AED 135,000 a yearNew contract, January 2013: AED 150,000 a yearRenewal, January 2014: AED 150,000 a yearNew contract, June 2015: AED 140,000 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 1605 sits

All 40 3-beds →

1605 last sold in June 2015 at AED 774 per sqft, 34% below what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,180). 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. 1605's AED 140,000 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
16011-bedAED 1.02M · Nov 2020
1602StudioAED 1.11M · Aug 2025
16031-bedAED 1.54M · Jul 2026
16043-bedAED 3M · Mar 2025

1605, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 11 April 2011 for AED 2,172,000, last on 30 June 2015 for AED 1,603,475 (AED 774 per sqft).
  • Rented since January 2012 on 4 Ejari contracts, from AED 135,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2015 price is 8.7%, before a service charge of about AED 35,500 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 30 June 2015.

Questions about 1605, Executive Tower L (West Heights 2)

What did unit 1605 last sell for?

AED 1,603,475 on 30 June 2015: AED 774 per sqft for 2,069 sqft. The unit has 2 registered sales; the first was AED 2,172,000 in April 2011.

What is the rent for unit 1605?

AED 140,000 a year on the contract signed on 7 June 2015. The previous contract, from January 2014, was AED 150,000; the unit has been rented since January 2012.

How big is unit 1605?

2,069 sqft (192.2 sqm): a three-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.

What is unit 1605 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 1605, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.6M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,603,475
Deposit, UAE resident (20%)
AED 320,695
Deposit, non-resident (40%)
AED 641,390
Monthly over 25 years at 3.7%
AED 6,560

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