2-bed · 2,056 sqftExecutive Tower L (West Heights 2), Business Bay · 24th floor · completed 2009

2404, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 2 May 2024
Last soldAED 2.78M2 May 2024
Current rentAED 127K /yr1 May 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Executive Tower L (West Heights 2)

What is 2404 worth today?

Last sold for AED 2,775,000 in 2024

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2 May 2024SoldReady
AED 2,775,000AED 1,349 per sqft
1 May 2015RentedNew contract
AED 126,500/yr12 months · AED 62 per sqft
1 May 2015RentedRenewal
AED 126,500/yr12 months · AED 62 per sqft
21 Apr 2015SoldReady
AED 2,700,000AED 1,313 per sqft
1 May 2014RentedNew contract
AED 126,500/yr12 months · AED 62 per sqft
1 May 2013RentedNew contract
AED 110,000/yr12 months · AED 54 per sqft
7 Sep 2011SoldReady
AED 2,540,830AED 1,235 per sqft
21 Aug 2011Sold by developerReady
AED 4,072,478AED 1,980 per sqft

Source: Dubai Land Department. Updated 2 May 2024.

Key facts

Type
2-bed apartment
Size
2,056 sqft
Floor
24th of 44
Parking
LM - 21
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,300 /yr
Last sold
AED 2.78M · May 2024

About 2404, Executive Tower L (West Heights 2)

2404 is a two-bedroom apartment of 2,056 sqft on the 24th 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 2 May 2024 for AED 2,775,000, or AED 1,349 per sqft, 29% above the AED 1,044 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 May 2015, is AED 126,500 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 35,300 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Executive Tower L (West Heights 2)
2M4M20112015201920232027Typical sale price by year: 2011 AED 1,906,000; 2012 AED 1,871,000; 2013 AED 2,157,500; 2014 AED 2,144,750; 2015 AED 2,100,000; 2016 AED 2,050,000; 2017 AED 2,144,750; 2018 AED 1,800,000; 2021 AED 1,350,000; 2022 AED 1,480,000; 2023 AED 1,483,108; 2024 AED 2,225,000; 2025 AED 2,285,000; 2026 AED 2,428,540Sold by developer, August 2011: AED 4,072,478 (AED 1,980 per sqft)Sold, September 2011: AED 2,540,830 (AED 1,235 per sqft)Sold, April 2015: AED 2,700,000 (AED 1,313 per sqft)Sold, May 2024: AED 2,775,000 (AED 1,349 per sqft)

2404 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Executive Tower L (West Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 140,000; 2015 AED 140,000; 2016 AED 150,000; 2017 AED 137,500; 2018 AED 125,000; 2019 AED 105,000; 2020 AED 90,000; 2021 AED 88,000; 2022 AED 95,918; 2023 AED 110,000; 2024 AED 130,000; 2025 AED 140,000; 2026 AED 145,001New contract, May 2013: AED 110,000 a yearNew contract, May 2014: AED 126,500 a yearNew contract, May 2015: AED 126,500 a yearRenewal, May 2015: AED 126,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Executive Tower L (West Heights 2), and where 2404 sits

All 60 2-beds →

2404 last sold in May 2024 at AED 1,349 per sqft, 29% above what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,044). Over the last 12 months two-beds sold for AED 1,214,269 to 2,650,000, around AED 1,498 per sqft, and rent for AED 114,345 to 260,000 a year. 2404's AED 126,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20262,428,540
24 Jun 20261,214,269
11 Jun 20262,190,000
27 Feb 20262,650,000
6 2-bed sales 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
24012-bedAED 1.13M · Jun 2011
24022-bedAED 2.32M · Sep 2025
24032-bedAED 2.16M · Nov 2012

2404, Executive Tower L (West Heights 2) in numbers

  • Sold 4 times: first on 21 August 2011 for AED 4,072,478, last on 2 May 2024 for AED 2,775,000 (AED 1,349 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 110,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 35,300 a year (AED 17.15 per sqft).
  • Two-beds in Executive Tower L (West Heights 2) sold for AED 1,214,269–2,650,000 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 2 May 2024.

Questions about 2404, Executive Tower L (West Heights 2)

What did unit 2404 last sell for?

AED 2,775,000 on 2 May 2024: AED 1,349 per sqft for 2,056 sqft. The unit has 4 registered sales; the first was AED 4,072,478 in August 2011.

What is the rent for unit 2404?

AED 126,500 a year on the contract signed on 1 May 2015. The previous contract, from May 2015, was AED 126,500; the unit has been rented since May 2013.

How big is unit 2404?

2,056 sqft (191.0 sqm): a two-bedroom apartment on the 24th floor of a 44-storey tower completed in 2009.

What is unit 2404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower L (West Heights 2) sold for AED 1,214,269 to 2,650,000 in the last 12 months, around AED 1,498 per sqft.

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Mortgage on 2404, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.78M, 2 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,775,000
Deposit, UAE resident (20%)
AED 555,000
Deposit, non-resident (40%)
AED 1,110,000
Monthly over 25 years at 3.7%
AED 11,353

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