3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 3rd floor · completed 2009

305, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 24 July 2023
Last soldAED 2.2M24 July 2023
Current rentAED 130K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Executive Tower L (West Heights 2)

What is 305 worth today?

Last sold for AED 2,200,000 in 2023

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24 Jul 2023SoldReady
AED 2,200,000AED 1,066 per sqft
1 Mar 2023RentedRenewal
AED 129,733/yr12 months · AED 63 per sqft
1 Mar 2022RentedRenewal
AED 123,200/yr12 months · AED 60 per sqft
1 Mar 2021RentedRenewal
AED 112,000/yr12 months · AED 54 per sqft
1 Mar 2020RentedRenewal
AED 120,000/yr12 months · AED 58 per sqft
1 Mar 2019RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
20 Dec 2017RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
20 Dec 2016RentedRenewal
AED 165,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 24 July 2023.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
3rd of 44
Parking
LB - 6 & 7
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 2.2M · July 2023

About 305, Executive Tower L (West Heights 2)

305 is a three-bedroom apartment of 2,062 sqft on the 3rd 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 24 July 2023 for AED 2,200,000, or AED 1,066 per sqft, in line with the AED 1,087 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 129,733 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 35,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M2.5M3M2011201520192023Typical 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, July 2011: AED 2,475,000 (AED 1,200 per sqft)Sold, July 2023: AED 2,200,000 (AED 1,066 per sqft)

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

Rents
Unit 305, 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 192,500New contract, December 2015: AED 180,000 a yearRenewal, December 2016: AED 165,000 a yearNew contract, December 2017: AED 145,000 a yearNew contract, March 2019: AED 130,000 a yearRenewal, March 2020: AED 120,000 a yearRenewal, March 2021: AED 112,000 a yearRenewal, March 2022: AED 123,200 a yearRenewal, March 2023: AED 129,733 a year

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 305 sits

All 40 3-beds →

305 last sold in July 2023 at AED 1,066 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,087). 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. 305's AED 129,733 is at the bottom of that range.

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
3011-bedAED 1.18M · Jun 2015
302StudioAED 1.05M · Aug 2026
3031-bedAED 1.66M · Jan 2023
3043-bedAED 2.5M · Jan 2024

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

  • Sold twice: first on 4 July 2011 for AED 2,475,000, last on 24 July 2023 for AED 2,200,000 (AED 1,066 per sqft).
  • Rented since December 2015 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 112,000 in 2021 and recovered to AED 129,733 by March 2023.
  • At AED 129,733 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 35,400 a year (AED 17.15 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 24 July 2023.

Questions about 305, Executive Tower L (West Heights 2)

What did unit 305 last sell for?

AED 2,200,000 on 24 July 2023: AED 1,066 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 2,475,000 in July 2011.

What is the rent for unit 305?

AED 129,733 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 123,200; the unit has been rented since December 2015.

How big is unit 305?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 3rd floor of a 44-storey tower completed in 2009.

What is unit 305 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 305, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.2M, 24 July 2023). 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 →