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

2304, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 5 times, last in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 11 June 2015
Last soldAED 3M11 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Executive Tower L (West Heights 2)

What is 2304 worth today?

Last sold for AED 3,000,000 in 2015

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11 Jun 2015SoldReady
AED 3,000,000AED 1,463 per sqft
7 Feb 2013SoldReady
AED 1,150,000AED 560 per sqft
12 Jul 2012SoldReady
AED 1,650,000AED 804 per sqft
10 Mar 2011Sold by developerReady
AED 2,167,651AED 1,057 per sqft
10 Mar 2011SoldReady
AED 2,623,850AED 1,279 per sqft

Source: Dubai Land Department. Updated 11 June 2015.

Key facts

Type
3-bed apartment
Size
2,050 sqft
Floor
23rd of 44
Parking
LM - 16 & 17
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,200 /yr
Last sold
AED 3M · June 2015

About 2304, Executive Tower L (West Heights 2)

2304 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 11 June 2015 for AED 3,000,000, or AED 1,463 per sqft, in line with the AED 1,463 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, March 2011: AED 2,167,651 (AED 1,057 per sqft)Sold, March 2011: AED 2,623,850 (AED 1,279 per sqft)Sold, July 2012: AED 1,650,000 (AED 804 per sqft)Sold, February 2013: AED 1,150,000 (AED 560 per sqft)Sold, June 2015: AED 3,000,000 (AED 1,463 per sqft)

2304 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2304, 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 2304 sits

All 40 3-beds →

2304 last sold in June 2015 at AED 1,463 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,463). 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 →
Value
23012-bedAED 875K · Feb 2023
23022-bedAED 3.59M · Sep 2012
23033-bedAED 2.95M · Apr 2014

2304, Executive Tower L (West Heights 2) in numbers

  • Sold 5 times: first on 10 March 2011 for AED 2,623,850, last on 11 June 2015 for AED 3,000,000 (AED 1,463 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 11 June 2015.

Questions about 2304, Executive Tower L (West Heights 2)

What did unit 2304 last sell for?

AED 3,000,000 on 11 June 2015: AED 1,463 per sqft for 2,050 sqft. The unit has 5 registered sales; the first was AED 2,623,850 in March 2011.

How big is unit 2304?

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 2304 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 2304, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 3M, 11 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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