2-bed · 1,575 sqftExecutive Tower L (West Heights 2), Business Bay · 29th floor · completed 2009

2902, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 4 times, last in September 2024, and rented once, from September 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2902 · DLD and Ejari recordsUpdated 23 September 2024
Last soldAED 2.2M23 September 2024
Current rentAED 135K /yr15 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2902, Executive Tower L (West Heights 2)

What is 2902 worth today?

Last sold for AED 2,200,000 in 2024

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23 Sep 2024SoldReady
AED 2,200,000AED 1,396 per sqft
30 Oct 2016SoldReady
AED 2,047,474AED 1,299 per sqft
15 Sep 2014RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft
17 Jun 2014Sold by developerReady
AED 2,002,150AED 1,271 per sqft
17 Jun 2014SoldReady
AED 2,002,150AED 1,271 per sqft

Source: Dubai Land Department. Updated 23 September 2024.

Key facts

Type
2-bed apartment
Size
1,575 sqft
Floor
29th of 44
Parking
LM - 39
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 2.2M · September 2024

About 2902, Executive Tower L (West Heights 2)

2902 is a two-bedroom apartment of 1,575 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 23 September 2024 for AED 2,200,000, or AED 1,396 per sqft, 8% above the AED 1,291 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2014. The current contract, signed on 15 September 2014, is AED 135,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 27,000 a year.

Sales and rents for 2902 over time

Sales
Unit 2902, 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, June 2014: AED 2,002,150 (AED 1,271 per sqft)Sold, June 2014: AED 2,002,150 (AED 1,271 per sqft)Sold, October 2016: AED 2,047,474 (AED 1,299 per sqft)Sold, September 2024: AED 2,200,000 (AED 1,396 per sqft)

2902 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2902, 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, September 2014: AED 135,000 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 2902 sits

All 60 2-beds →

2902 last sold in September 2024 at AED 1,396 per sqft, 8% above what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,291). 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. 2902's AED 135,000 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
29012-bedAED 1.7M · Oct 2012
29032-bedAED 1.04M · Jul 2024
29042-bedAED 2.48M · Aug 2013

2902, Executive Tower L (West Heights 2) in numbers

  • Sold 4 times: first on 17 June 2014 for AED 2,002,150, last on 23 September 2024 for AED 2,200,000 (AED 1,396 per sqft).
  • Rented since September 2014 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 27,000 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 23 September 2024.

Questions about 2902, Executive Tower L (West Heights 2)

What did unit 2902 last sell for?

AED 2,200,000 on 23 September 2024: AED 1,396 per sqft for 1,575 sqft. The unit has 4 registered sales; the first was AED 2,002,150 in June 2014.

What is the rent for unit 2902?

AED 135,000 a year on the contract signed on 15 September 2014.

How big is unit 2902?

1,575 sqft (146.3 sqm): a two-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.

What is unit 2902 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 2902, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.2M, 23 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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