2-bed · 1,618 sqftExecutive Tower L (West Heights 2), Business Bay · 29th floor · completed 2009

2901, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in October 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 10 October 2012
Last soldAED 1.7M10 October 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Executive Tower L (West Heights 2)

What is 2901 worth today?

Last sold for AED 1,698,900 in 2012

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10 Oct 2012SoldReady
AED 1,698,900AED 1,049 per sqft
8 Jul 2012Sold by developerReady
AED 1,602,000AED 990 per sqft

Source: Dubai Land Department. Updated 10 October 2012.

Key facts

Type
2-bed apartment
Size
1,618 sqft
Floor
29th of 44
Parking
LM - 38
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 1.7M · October 2012

About 2901, Executive Tower L (West Heights 2)

2901 is a two-bedroom apartment of 1,618 sqft on the 29th 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 10 October 2012 for AED 1,698,900, or AED 1,049 per sqft, in line with the AED 1,049 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2901 over time

Sales
Unit 2901, each saleTypical two-bed in Executive Tower L (West Heights 2)
1.5M2M2.5M20112015201920232027Typical 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, July 2012: AED 1,602,000 (AED 990 per sqft)Sold, October 2012: AED 1,698,900 (AED 1,049 per sqft)

2901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, 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 145,001

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 2901 sits

All 60 2-beds →

2901 last sold in October 2012 at AED 1,049 per sqft, in line with what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,049). 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.

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
29022-bedAED 2.2M · Sep 2024
29032-bedAED 1.04M · Jul 2024
29042-bedAED 2.48M · Aug 2013

2901, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 8 July 2012 for AED 1,602,000, last on 10 October 2012 for AED 1,698,900 (AED 1,049 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 10 October 2012.

Questions about 2901, Executive Tower L (West Heights 2)

What did unit 2901 last sell for?

AED 1,698,900 on 10 October 2012: AED 1,049 per sqft for 1,618 sqft. The unit has 2 registered sales; the first was AED 1,602,000 in July 2012.

How big is unit 2901?

1,618 sqft (150.3 sqm): a two-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.

What is unit 2901 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 2901, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.7M, 10 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,698,900
Deposit, UAE resident (20%)
AED 339,780
Deposit, non-resident (40%)
AED 679,560
Monthly over 25 years at 3.7%
AED 6,951

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