3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 17th floor · completed 2009

1705, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1705 · DLD and Ejari recordsUpdated 3 February 2024
Last soldAED 2.38M12 July 2023
Current rentAED 133K /yr3 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1705, Executive Tower L (West Heights 2)

What is 1705 worth today?

Last sold for AED 2,375,000 in 2023

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3 Feb 2024RentedNew contract
AED 133,259/yr5 months · AED 64 per sqft
12 Jul 2023SoldReady
AED 2,375,000AED 1,151 per sqft
3 Feb 2023RentedRenewal
AED 127,600/yr12 months · AED 62 per sqft
3 Feb 2022RentedRenewal
AED 116,000/yr12 months · AED 56 per sqft
4 Jan 2021RentedNew contract
AED 110,000/yr13 months · AED 53 per sqft
5 Sep 2020RentedRenewal
AED 135,000/yr3 months · AED 65 per sqft
5 Sep 2019RentedRenewal
AED 135,000/yr12 months · AED 65 per sqft
5 Sep 2018RentedRenewal
AED 150,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 3 February 2024.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
17th of 44
Parking
LB - 109 & 110
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 2.38M · July 2023

About 1705, Executive Tower L (West Heights 2)

1705 is a three-bedroom apartment of 2,062 sqft on the 17th 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 12 July 2023 for AED 2,375,000, or AED 1,151 per sqft, 6% above the AED 1,087 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 3 February 2024, is AED 133,259 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 35,400 a year.

Sales and rents for 1705 over time

Sales
Unit 1705, 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, June 2011: AED 1,956,000 (AED 948 per sqft)Sold, July 2023: AED 2,375,000 (AED 1,151 per sqft)

1705 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1705, 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, September 2013: AED 150,000 a yearNew contract, September 2014: AED 157,500 a yearRenewal, September 2015: AED 165,375 a yearRenewal, September 2016: AED 165,375 a yearNew contract, September 2017: AED 160,000 a yearRenewal, September 2018: AED 150,000 a yearRenewal, September 2019: AED 135,000 a yearRenewal, September 2020: AED 135,000 a yearNew contract, January 2021: AED 110,000 a yearRenewal, February 2022: AED 116,000 a yearRenewal, February 2023: AED 127,600 a yearNew contract, February 2024: AED 133,259 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 1705 sits

All 40 3-beds →

1705 last sold in July 2023 at AED 1,151 per sqft, 6% above what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,087). 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. 1705's AED 133,259 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
17011-bedAED 1.12M · Jun 2023
1702StudioAED 1M · Feb 2024
17031-bedAED 1.18M · Nov 2022
17043-bedAED 2.2M · Jul 2022

1705, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 23 June 2011 for AED 1,956,000, last on 12 July 2023 for AED 2,375,000 (AED 1,151 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2021 and recovered to AED 133,259 by February 2024.
  • At AED 133,259 a year the gross yield on the 2023 price is 5.6%, 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 3 February 2024.

Questions about 1705, Executive Tower L (West Heights 2)

What did unit 1705 last sell for?

AED 2,375,000 on 12 July 2023: AED 1,151 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 1,956,000 in June 2011.

What is the rent for unit 1705?

AED 133,259 a year on the contract signed on 3 February 2024. The previous contract, from February 2023, was AED 127,600; the unit has been rented since September 2013.

How big is unit 1705?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 17th floor of a 44-storey tower completed in 2009.

What is unit 1705 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 1705, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.38M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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