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3-bed · 2,050 sqftExecutive Tower L (West Heights 2), Business Bay · 23rd floor · completed 2009

2303, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 3 times, last in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2303 · DLD and Ejari recordsUpdated 27 April 2014
Last soldAED 2.95M27 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2303, Executive Tower L (West Heights 2)

What is 2303 worth today?

Last sold for AED 2,950,000 in 2014

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27 Apr 2014SoldReady
AED 2,950,000AED 1,439 per sqft
28 Jun 2011Sold by developerReady
AED 1,100,000AED 536 per sqft
28 Jun 2011SoldReady
AED 2,623,850AED 1,279 per sqft

Source: Dubai Land Department. Updated 27 April 2014.

Key facts

Type
3-bed apartment
Size
2,050 sqft
Floor
23rd of 44
Parking
LM - 14 & 15
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,200 /yr
Last sold
AED 2.95M · April 2014
Building
Executive Tower L (West Heights 2)

About 2303, Executive Tower L (West Heights 2)

2303 is a three-bedroom apartment of 2,050 sqft on the 23rd 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 27 April 2014 for AED 2,950,000, or AED 1,439 per sqft, 16% above the AED 1,241 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2303 over time

Sales
Unit 2303, each saleTypical three-bed in Executive Tower L (West Heights 2)
1M2M3M2011201520192023Typical 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 1,100,000 (AED 536 per sqft)Sold, June 2011: AED 2,623,850 (AED 1,279 per sqft)Sold, April 2014: AED 2,950,000 (AED 1,439 per sqft)

2303 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2303, 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 192,500

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 2303 sits

All 40 3-beds →

2303 last sold in April 2014 at AED 1,439 per sqft, 16% above what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,241). 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.

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 23rd floor

All 167 units in Executive Tower L (West Heights 2)
Value
23012-bedAED 875K · Feb 2023
23022-bedAED 3.59M · Sep 2012
23043-bedAED 3M · Jun 2015

2303, Executive Tower L (West Heights 2) in numbers

  • Sold 3 times: first on 28 June 2011 for AED 2,623,850, last on 27 April 2014 for AED 2,950,000 (AED 1,439 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 27 April 2014.

Questions about 2303, Executive Tower L (West Heights 2)

What did unit 2303 last sell for?

AED 2,950,000 on 27 April 2014: AED 1,439 per sqft for 2,050 sqft. The unit has 3 registered sales; the first was AED 2,623,850 in June 2011.

How big is unit 2303?

2,050 sqft (190.5 sqm): a three-bedroom apartment on the 23rd floor of a 44-storey tower completed in 2009.

What is unit 2303 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 2303, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.95M, 27 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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