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2-bed · 1,768 sqftExecutive Tower L (West Heights 2), Business Bay · 32nd floor · completed 2009

3203, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 18 November 2020
Last soldAED 1.42M18 November 2020
Current rentAED 105K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3203, Executive Tower L (West Heights 2)

What is 3203 worth today?

Last sold for AED 1,420,000 in 2020

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18 Nov 2020SoldReady
AED 1,420,000AED 803 per sqft
1 Nov 2019RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft
26 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
1 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 85 per sqft
1 Nov 2015Sold by developerReady
AED 2,243,860AED 1,269 per sqft
1 Oct 2014RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
15 Jun 2014RentedNew contract
AED 105,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 18 November 2020.

Key facts

Type
2-bed apartment
Size
1,768 sqft
Floor
32nd of 44
Parking
LM - 52
Developer
Dubai Properties
Completed
2009
Service charge
AED 30,300 /yr
Last sold
AED 1.42M · November 2020
Building
Executive Tower L (West Heights 2)

About 3203, Executive Tower L (West Heights 2)

3203 is a two-bedroom apartment of 1,768 sqft on the 32nd 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 18 November 2020 for AED 1,420,000, or AED 803 per sqft.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 November 2019, is AED 105,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 30,300 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, November 2015: AED 2,243,860 (AED 1,269 per sqft)Sold, November 2020: AED 1,420,000 (AED 803 per sqft)

3203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, 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, June 2014: AED 105,000 a yearNew contract, October 2014: AED 145,000 a yearNew contract, October 2016: AED 150,000 a yearNew contract, October 2017: AED 130,000 a yearNew contract, November 2019: AED 105,000 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 3203 sits

All 60 2-beds →

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. 3203's AED 105,000 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 32nd floor

All 167 units in Executive Tower L (West Heights 2)
Value
32012-bedAED 2.43M · Jul 2026
32022-bedAED 2M · Jun 2015
32042-bedAED 2.59M · Jan 2026

3203, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 1 November 2015 for AED 2,243,860, last on 18 November 2020 for AED 1,420,000 (AED 803 per sqft).
  • Rented since June 2014 on 5 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 30,300 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 18 November 2020.

Questions about 3203, Executive Tower L (West Heights 2)

What did unit 3203 last sell for?

AED 1,420,000 on 18 November 2020: AED 803 per sqft for 1,768 sqft. The unit has 2 registered sales; the first was AED 2,243,860 in November 2015.

What is the rent for unit 3203?

AED 105,000 a year on the contract signed on 1 November 2019. The previous contract, from October 2017, was AED 130,000; the unit has been rented since June 2014.

How big is unit 3203?

1,768 sqft (164.3 sqm): a two-bedroom apartment on the 32nd floor of a 44-storey tower completed in 2009.

What is unit 3203 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 3203, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.42M, 18 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,420,000
Deposit, UAE resident (20%)
AED 284,000
Deposit, non-resident (40%)
AED 568,000
Monthly over 25 years at 3.7%
AED 5,810

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