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3-bed · 2,050 sqftExecutive Tower L (West Heights 2), Business Bay · 21st floor · completed 2009

2103, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in September 2012, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 5 June 2018
Last soldAED 2.13M5 September 2012
Current rentAED 165K /yr5 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2103, Executive Tower L (West Heights 2)

What is 2103 worth today?

Last sold for AED 2,130,000 in 2012

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5 Jun 2018RentedRenewal
AED 165,000/yr12 months · AED 81 per sqft
5 Jun 2017RentedRenewal
AED 175,000/yr12 months · AED 86 per sqft
5 Jun 2016RentedNew contract
AED 180,000/yr12 months · AED 88 per sqft
5 Sep 2012SoldReady
AED 2,130,000AED 1,039 per sqft
24 Jul 2012Sold by developerReady
AED 2,030,000AED 990 per sqft

Source: Dubai Land Department. Updated 5 June 2018.

Key facts

Type
3-bed apartment
Size
2,050 sqft
Floor
21st of 44
Parking
LM - 2 & 3
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,200 /yr
Last sold
AED 2.13M · September 2012
Building
Executive Tower L (West Heights 2)

About 2103, Executive Tower L (West Heights 2)

2103 is a three-bedroom apartment of 2,050 sqft on the 21st 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 5 September 2012 for AED 2,130,000, or AED 1,039 per sqft, 14% above the AED 910 three-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 5 June 2018, is AED 165,000 a year: a gross yield of 7.8% on the 2012 price, before the service charge of about AED 35,200 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, 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, July 2012: AED 2,030,000 (AED 990 per sqft)Sold, September 2012: AED 2,130,000 (AED 1,039 per sqft)

2103 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2103, 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, June 2016: AED 180,000 a yearRenewal, June 2017: AED 175,000 a yearRenewal, June 2018: AED 165,000 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 2103 sits

All 40 3-beds →

2103 last sold in September 2012 at AED 1,039 per sqft, 14% above what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 910). 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. 2103's AED 165,000 is in the lower half 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 →

Other units on the 21st floor

All 167 units in Executive Tower L (West Heights 2)
Value
21012-bedAED 1.48M · Jan 2022
21022-bedAED 800K · Jul 2023
21043-bedAED 2.43M · Sep 2023

2103, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 24 July 2012 for AED 2,030,000, last on 5 September 2012 for AED 2,130,000 (AED 1,039 per sqft).
  • Rented since June 2016 on 3 Ejari contracts, from AED 180,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2012 price is 7.8%, before a service charge of about AED 35,200 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 5 June 2018.

Questions about 2103, Executive Tower L (West Heights 2)

What did unit 2103 last sell for?

AED 2,130,000 on 5 September 2012: AED 1,039 per sqft for 2,050 sqft. The unit has 2 registered sales; the first was AED 2,030,000 in July 2012.

What is the rent for unit 2103?

AED 165,000 a year on the contract renewed on 5 June 2018. The previous contract, from June 2017, was AED 175,000; the unit has been rented since June 2016.

How big is unit 2103?

2,050 sqft (190.5 sqm): a three-bedroom apartment on the 21st floor of a 44-storey tower completed in 2009.

What is unit 2103 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 2103, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.13M, 5 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,130,000
Deposit, UAE resident (20%)
AED 426,000
Deposit, non-resident (40%)
AED 852,000
Monthly over 25 years at 3.7%
AED 8,714

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