4-bed · 3,428 sqftExecutive Tower L (West Heights 2), Business Bay · 40th floor · completed 2009

4001, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4001 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 4.6M18 March 2024
Current rentAED 250K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4001, Executive Tower L (West Heights 2)

What is 4001 worth today?

Last sold for AED 4,600,000 in 2024

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18 Mar 2024SoldReady
AED 4,600,000AED 1,341 per sqft
1 Feb 2024RentedRenewal
AED 250,258/yr11 months · AED 73 per sqft
1 Feb 2023RentedNew contract
AED 250,000/yr12 months · AED 73 per sqft
5 Jun 2022RentedRenewal
AED 185,000/yr12 months · AED 54 per sqft
5 Jun 2021RentedNew contract
AED 175,000/yr12 months · AED 51 per sqft
5 Jun 2020RentedRenewal
AED 180,000/yr12 months · AED 53 per sqft
5 Jun 2019RentedRenewal
AED 190,000/yr12 months · AED 56 per sqft
5 Jun 2018RentedRenewal
AED 215,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
4-bed apartment
Size
3,428 sqft
Floor
40th of 44
Parking
LM - 80 & 81
Developer
Dubai Properties
Completed
2009
Service charge
AED 58,800 /yr
Last sold
AED 4.6M · March 2024

About 4001, Executive Tower L (West Heights 2)

4001 is a four-bedroom apartment of 3,428 sqft on the 40th 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 March 2024 for AED 4,600,000, or AED 1,341 per sqft, in line with the AED 1,341 four-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 250,258 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 58,800 a year.

Sales and rents for 4001 over time

Sales
Unit 4001, each saleTypical four-bed in Executive Tower L (West Heights 2)
3M4M5M2011201520192023Typical 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 by developer, September 2012: AED 4,401,650 (AED 1,284 per sqft)Sold, March 2024: AED 4,600,000 (AED 1,341 per sqft)

4001 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4001, 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, June 2015: AED 170,000 a yearNew contract, June 2017: AED 215,000 a yearRenewal, June 2018: AED 215,000 a yearRenewal, June 2019: AED 190,000 a yearRenewal, June 2020: AED 180,000 a yearNew contract, June 2021: AED 175,000 a yearRenewal, June 2022: AED 185,000 a yearNew contract, February 2023: AED 250,000 a yearRenewal, February 2024: AED 250,258 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 4001 sits

All 18 4-beds →

4001 last sold in March 2024 at AED 1,341 per sqft, in line with what four-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,341). 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. 4001's AED 250,258 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
8 Nov 20235,400,000
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
40024-bedAED 4.46M · May 2011

4001, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 18 September 2012 for AED 4,401,650, last on 18 March 2024 for AED 4,600,000 (AED 1,341 per sqft).
  • Rented since June 2015 on 9 Ejari contracts, from AED 170,000 to AED 250,258 a year.
  • At AED 250,258 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 58,800 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 March 2024.

Questions about 4001, Executive Tower L (West Heights 2)

What did unit 4001 last sell for?

AED 4,600,000 on 18 March 2024: AED 1,341 per sqft for 3,428 sqft. The unit has 2 registered sales; the first was AED 4,401,650 in September 2012.

What is the rent for unit 4001?

AED 250,258 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 250,000; the unit has been rented since June 2015.

How big is unit 4001?

3,428 sqft (318.5 sqm): a four-bedroom apartment on the 40th floor of a 44-storey tower completed in 2009.

What is unit 4001 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 4001, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 4.6M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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