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2-bed · 1,618 sqftExecutive Tower L (West Heights 2), Business Bay · 31st floor · completed 2009

3101, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 30 July 2024
Last soldAED 2.09M30 July 2024
Current rentAED 96K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3101, Executive Tower L (West Heights 2)

What is 3101 worth today?

Last sold for AED 2,090,000 in 2024

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30 Jul 2024SoldReady
AED 2,090,000AED 1,291 per sqft
1 Jul 2023RentedNew contract
AED 96,000/yr12 months · AED 59 per sqft
25 May 2023SoldReady
AED 1,690,000AED 1,044 per sqft
1 Mar 2023RentedRenewal
AED 96,000/yr4 months · AED 59 per sqft
1 Mar 2022RentedNew contract
AED 95,000/yr12 months · AED 59 per sqft
7 May 2021RentedNew contract
AED 88,000/yr12 months · AED 55 per sqft
25 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 59 per sqft
15 Mar 2015SoldReady
AED 2,250,000AED 1,390 per sqft

Source: Dubai Land Department. Updated 30 July 2024.

Key facts

Type
2-bed apartment
Size
1,618 sqft
Floor
31st of 44
Parking
LM - 46
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,700 /yr
Last sold
AED 2.09M · July 2024
Building
Executive Tower L (West Heights 2)

About 3101, Executive Tower L (West Heights 2)

3101 is a two-bedroom apartment of 1,618 sqft on the 31st 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 30 July 2024 for AED 2,090,000, or AED 1,291 per sqft, in line with the AED 1,271 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 July 2023, is AED 96,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 27,700 a year.

Sales and rents for 3101 over time

Sales
Unit 3101, 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, February 2013: AED 1,602,000 (AED 990 per sqft)Sold, May 2013: AED 1,600,000 (AED 988 per sqft)Sold, March 2015: AED 2,250,000 (AED 1,390 per sqft)Sold, May 2023: AED 1,690,000 (AED 1,044 per sqft)Sold, July 2024: AED 2,090,000 (AED 1,291 per sqft)

3101 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3101, 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, March 2019: AED 95,000 a yearNew contract, May 2021: AED 88,000 a yearNew contract, March 2022: AED 95,000 a yearRenewal, March 2023: AED 96,000 a yearNew contract, July 2023: AED 96,000 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 3101 sits

All 60 2-beds →

3101 last sold in July 2024 at AED 1,291 per sqft, in line with what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,271). 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. 3101's AED 96,000 is at the bottom 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 →

Other units on the 31st floor

All 167 units in Executive Tower L (West Heights 2)
Value
31022-bedAED 1.7M · Sep 2013
31032-bedAED 1.09M · May 2018
31042-bedAED 2.35M · Oct 2024

3101, Executive Tower L (West Heights 2) in numbers

  • Sold 5 times: first on 5 February 2013 for AED 1,602,000, last on 30 July 2024 for AED 2,090,000 (AED 1,291 per sqft).
  • Rented since March 2019 on 5 Ejari contracts, from AED 95,000 to AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 27,700 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 30 July 2024.

Questions about 3101, Executive Tower L (West Heights 2)

What did unit 3101 last sell for?

AED 2,090,000 on 30 July 2024: AED 1,291 per sqft for 1,618 sqft. The unit has 5 registered sales; the first was AED 1,602,000 in February 2013.

What is the rent for unit 3101?

AED 96,000 a year on the contract signed on 1 July 2023. The previous contract, from March 2023, was AED 96,000; the unit has been rented since March 2019.

How big is unit 3101?

1,618 sqft (150.3 sqm): a two-bedroom apartment on the 31st floor of a 44-storey tower completed in 2009.

What is unit 3101 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 3101, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.09M, 30 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,090,000
Deposit, UAE resident (20%)
AED 418,000
Deposit, non-resident (40%)
AED 836,000
Monthly over 25 years at 3.7%
AED 8,551

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