4-bed · 3,420 sqftExecutive Tower L (West Heights 2), Business Bay · 38th floor · completed 2009

3801, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 4 times, last in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3801 · DLD and Ejari recordsUpdated 18 May 2017
Last soldAED 4M18 May 2017
Current rentAED 210K /yr1 August 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3801, Executive Tower L (West Heights 2)

What is 3801 worth today?

Last sold for AED 4,000,000 in 2017

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18 May 2017SoldReady
AED 4,000,000AED 1,169 per sqft
1 Aug 2016RentedRenewal
AED 209,500/yr12 months · AED 61 per sqft
1 Aug 2015RentedRenewal
AED 209,500/yr12 months · AED 61 per sqft
1 Aug 2014RentedNew contract
AED 195,000/yr12 months · AED 57 per sqft
1 Aug 2013RentedNew contract
AED 175,000/yr12 months · AED 51 per sqft
29 Mar 2012SoldReady
AED 4,035,000AED 1,179 per sqft
28 Mar 2012Sold by developerReady
AED 4,401,650AED 1,287 per sqft
28 Mar 2012SoldReady
AED 3,359,000AED 982 per sqft

Source: Dubai Land Department. Updated 18 May 2017.

Key facts

Type
4-bed apartment
Size
3,420 sqft
Floor
38th of 44
Parking
LM - 72 & 73
Developer
Dubai Properties
Completed
2009
Service charge
AED 58,700 /yr
Last sold
AED 4M · May 2017

About 3801, Executive Tower L (West Heights 2)

3801 is a four-bedroom apartment of 3,420 sqft on the 38th 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 May 2017 for AED 4,000,000, or AED 1,169 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 August 2016, is AED 209,500 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 58,700 a year.

Sales and rents for 3801 over time

Sales
Unit 3801, each saleTypical four-bed in Executive Tower L (West Heights 2)
3M4M5M2011201320152017Typical sale price by year: 2011 AED 3,303,738; 2012 AED 3,394,000; 2013 AED 3,875,000; 2014 AED 5,000,000; 2017 AED 4,350,000Sold, March 2012: AED 4,035,000 (AED 1,179 per sqft)Sold by developer, March 2012: AED 4,401,650 (AED 1,287 per sqft)Sold, March 2012: AED 3,359,000 (AED 982 per sqft)Sold, May 2017: AED 4,000,000 (AED 1,169 per sqft)

3801 has sold 4 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 3801, each contractTypical four-bed in Executive Tower L (West Heights 2)
200K300K2013201720212025Typical rent by year: 2013 AED 175,000; 2015 AED 214,750; 2017 AED 250,500; 2018 AED 223,000; 2019 AED 182,500; 2020 AED 175,000; 2021 AED 180,000; 2022 AED 217,500; 2023 AED 262,500; 2024 AED 315,000; 2025 AED 325,000; 2026 AED 341,250New contract, August 2013: AED 175,000 a yearNew contract, August 2014: AED 195,000 a yearRenewal, August 2015: AED 209,500 a yearRenewal, August 2016: AED 209,500 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Executive Tower L (West Heights 2), and where 3801 sits

All 18 4-beds →

Over the last 12 months four-beds sold for AED 5,116,943 to 5,500,000, around AED 1,548 per sqft, and rent for AED 320,000 to 365,000 a year. 3801's AED 209,500 is at the bottom of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
16 May 20265,500,000
28 Jan 20265,116,943
7 Feb 20255,300,000
18 Mar 20244,600,000
2 4-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
38024-bedAED 5M · Jul 2015

3801, Executive Tower L (West Heights 2) in numbers

  • Sold 4 times: first on 28 March 2012 for AED 3,359,000, last on 18 May 2017 for AED 4,000,000 (AED 1,169 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 175,000 to AED 209,500 a year.
  • At AED 209,500 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 58,700 a year (AED 17.15 per sqft).
  • Four-beds in Executive Tower L (West Heights 2) sold for AED 5,116,943–5,500,000 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 May 2017.

Questions about 3801, Executive Tower L (West Heights 2)

What did unit 3801 last sell for?

AED 4,000,000 on 18 May 2017: AED 1,169 per sqft for 3,420 sqft. The unit has 4 registered sales; the first was AED 3,359,000 in March 2012.

What is the rent for unit 3801?

AED 209,500 a year on the contract renewed on 1 August 2016. The previous contract, from August 2015, was AED 209,500; the unit has been rented since August 2013.

How big is unit 3801?

3,420 sqft (317.7 sqm): a four-bedroom apartment on the 38th floor of a 44-storey tower completed in 2009.

What is unit 3801 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Executive Tower L (West Heights 2) sold for AED 5,116,943 to 5,500,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 3801, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 4M, 18 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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