3-bed · 2,050 sqftExecutive Tower L (West Heights 2), Business Bay · 22nd floor · completed 2009

2203, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 30 August 2024
Last soldAED 3.15M20 August 2024
Current rentAED 170K /yr30 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Executive Tower L (West Heights 2)

What is 2203 worth today?

Last sold for AED 3,150,000 in 2024

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30 Aug 2024RentedNew contract
AED 170,000/yr12 months · AED 83 per sqft
20 Aug 2024SoldReady
AED 3,150,000AED 1,536 per sqft
30 Aug 2023RentedRenewal
AED 155,000/yr12 months · AED 76 per sqft
30 Aug 2022RentedNew contract
AED 155,000/yr12 months · AED 76 per sqft
28 Dec 2021RentedRenewal
AED 118,250/yr12 months · AED 58 per sqft
28 Dec 2020RentedRenewal
AED 107,500/yr12 months · AED 53 per sqft
28 Dec 2019RentedRenewal
AED 132,500/yr12 months · AED 65 per sqft
28 Dec 2018RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 30 August 2024.

Key facts

Type
3-bed apartment
Size
2,050 sqft
Floor
22nd of 44
Parking
LM - 8 & 9
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,200 /yr
Last sold
AED 3.15M · August 2024

About 2203, Executive Tower L (West Heights 2)

2203 is a three-bedroom apartment of 2,050 sqft on the 22nd 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 20 August 2024 for AED 3,150,000, or AED 1,536 per sqft, 27% above the AED 1,212 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 30 August 2024, is AED 170,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 35,200 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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, September 2012: AED 2,623,850 (AED 1,279 per sqft)Sold, October 2012: AED 2,050,000 (AED 1,000 per sqft)Sold, February 2013: AED 2,400,000 (AED 1,170 per sqft)Sold, August 2024: AED 3,150,000 (AED 1,536 per sqft)

2203 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2203, 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, December 2018: AED 140,000 a yearRenewal, December 2019: AED 132,500 a yearRenewal, December 2020: AED 107,500 a yearRenewal, December 2021: AED 118,250 a yearNew contract, August 2022: AED 155,000 a yearRenewal, August 2023: AED 155,000 a yearNew contract, August 2024: AED 170,000 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 2203 sits

All 40 3-beds →

2203 last sold in August 2024 at AED 1,536 per sqft, 27% above what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,212). 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. 2203's AED 170,000 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 →
Value
22012-bedAED 2.25M · Aug 2025
22022-bedAED 1.53M · Jun 2022
22043-bedAED 3.5M · May 2014

2203, Executive Tower L (West Heights 2) in numbers

  • Sold 4 times: first on 24 September 2012 for AED 2,623,850, last on 20 August 2024 for AED 3,150,000 (AED 1,536 per sqft).
  • Rented since December 2018 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 107,500 in 2020 and recovered to AED 170,000 by August 2024.
  • At AED 170,000 a year the gross yield on the 2024 price is 5.4%, 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 30 August 2024.

Questions about 2203, Executive Tower L (West Heights 2)

What did unit 2203 last sell for?

AED 3,150,000 on 20 August 2024: AED 1,536 per sqft for 2,050 sqft. The unit has 4 registered sales; the first was AED 2,623,850 in September 2012.

What is the rent for unit 2203?

AED 170,000 a year on the contract signed on 30 August 2024. The previous contract, from August 2023, was AED 155,000; the unit has been rented since December 2018.

How big is unit 2203?

2,050 sqft (190.5 sqm): a three-bedroom apartment on the 22nd floor of a 44-storey tower completed in 2009.

What is unit 2203 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 2203, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 3.15M, 20 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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