4-bed · 3,470 sqftExecutive Tower L (West Heights 2), Business Bay · 40th floor · completed 2009

4002, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in May 2011, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 20 April 2022
Last soldAED 2.31M1 May 2011
Current rentAED 90K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Executive Tower L (West Heights 2)

What is 4002 worth today?

Last sold for AED 2,307,550 in 2011

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20 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 26 per sqft
1 May 2011Sold by developerReady
AED 2,307,550AED 665 per sqft
1 May 2011SoldReady
AED 4,458,080AED 1,284 per sqft

Source: Dubai Land Department. Updated 20 April 2022.

Key facts

Type
4-bed apartment
Size
3,470 sqft
Floor
40th of 44
Parking
LM - 82 & 83
Developer
Dubai Properties
Completed
2009
Service charge
AED 59,500 /yr
Last sold
AED 2.31M · May 2011

About 4002, Executive Tower L (West Heights 2)

4002 is a four-bedroom apartment of 3,470 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. The developer sold it on 1 May 2011 for AED 2,307,550, or AED 665 per sqft.

One Ejari contract is registered, from 20 April 2022. The current contract, signed on 20 April 2022, is AED 90,000 a year: a gross yield of 3.9% on the 2011 price, before the service charge of about AED 59,500 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical four-bed in Executive Tower L (West Heights 2)
2M4M2011201320152017Typical 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, May 2011: AED 2,307,550 (AED 665 per sqft)Sold, May 2011: AED 4,458,080 (AED 1,284 per sqft)

4002 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4002, each contractTypical four-bed in Executive Tower L (West Heights 2)
200K2013201720212025Typical 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, April 2022: AED 90,000 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 4002 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. 4002's AED 90,000 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
40014-bedAED 4.6M · Mar 2024

4002, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 1 May 2011 for AED 4,458,080, last on 1 May 2011 for AED 2,307,550 (AED 665 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2011 price is 3.9%, before a service charge of about AED 59,500 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 20 April 2022.

Questions about 4002, Executive Tower L (West Heights 2)

What did unit 4002 last sell for?

AED 2,307,550 on 1 May 2011, sold by the developer: AED 665 per sqft for 3,470 sqft. The unit has 2 registered sales; the first was AED 4,458,080 in May 2011.

What is the rent for unit 4002?

AED 90,000 a year on the contract signed on 20 April 2022.

How big is unit 4002?

3,470 sqft (322.4 sqm): a four-bedroom apartment on the 40th floor of a 44-storey tower completed in 2009.

What is unit 4002 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 4002, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.31M, 1 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,307,550
Deposit, UAE resident (20%)
AED 461,510
Deposit, non-resident (40%)
AED 923,020
Monthly over 25 years at 3.7%
AED 9,441

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