403, Executive Tower L (West Heights 2)
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Executive Tower L (West Heights 2)
What is 403 worth today?
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Source: Dubai Land Department. Updated 10 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,275 sqft
- Floor
- 4th of 44
- Parking
- LB - 10
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 21,900 /yr
- Last sold
- AED 1.11M · June 2022
About 403, Executive Tower L (West Heights 2)
403 is a one-bedroom apartment of 1,275 sqft on the 4th 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 29 June 2022 for AED 1,105,000, or AED 866 per sqft, in line with the AED 866 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 10 November 2022, is AED 55,200 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 21,900 a year.
Sales and rents for 403 over time
403 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Executive Tower L (West Heights 2), and where 403 sits
All 32 1-beds →403 last sold in June 2022 at AED 866 per sqft, in line with what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 866). Over the last 12 months one-beds sold for AED 1,540,000, around AED 1,203 per sqft, and rent for AED 80,222 to 400,000 a year. 403's AED 55,200 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 1,280 sqft | 1,540,000 | 1,203 | ||
| 22 Jan 202522 January 2025 | 1,275 sqft | 1,500,000 | 1,176 | ||
| 21 May 202421 May 2024 | 1,308 sqft | 1,435,000 | 1,097 | ||
| 1 Apr 20241 April 2024 | 1,308 sqft | 1,300,000 | 993 |
Executive Tower L (West Heights 2)
Building167 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%
Other units on the 4th floor
All 167 units in Executive Tower L (West Heights 2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,308 sqft | AED 1.3MAED 1,300,000 · Apr 2024April 2024 | 102,000 /yr | |
| 402 | Studio | 808 sqft | AED 768KAED 768,000 · Apr 2011April 2011 | 68,000 /yr | |
| 404 | 3-bed | 2,062 sqft | AED 1.96MAED 1,959,000 · Apr 2011April 2011 | 168,767 /yr | |
| 405 | 3-bed | 2,062 sqft | AED 1.33MAED 1,325,000 · Nov 2017November 2017 | 150,000 /yr |
403, Executive Tower L (West Heights 2) in numbers
- Sold twice: first on 9 July 2012 for AED 1,148,000, last on 29 June 2022 for AED 1,105,000 (AED 866 per sqft).
- Rented since March 2015 on 6 Ejari contracts. The rent fell from AED 105,000 to AED 48,000 in 2021 and recovered to AED 55,200 by November 2022.
- At AED 55,200 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 21,900 a year (AED 17.15 per sqft).
- One-beds in Executive Tower L (West Heights 2) sold for AED 1,540,000–1,540,000 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 10 November 2022.
Questions about 403, Executive Tower L (West Heights 2)
What did unit 403 last sell for?
AED 1,105,000 on 29 June 2022: AED 866 per sqft for 1,275 sqft. The unit has 2 registered sales; the first was AED 1,148,000 in July 2012.
What is the rent for unit 403?
AED 55,200 a year on the contract signed on 10 November 2022. The previous contract, from November 2021, was AED 48,000; the unit has been rented since March 2015.
How big is unit 403?
1,275 sqft (118.5 sqm): a one-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Tower L (West Heights 2) sold for AED 1,540,000 to 1,540,000 in the last 12 months, around AED 1,203 per sqft.
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Mortgage on 403, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 1.11M, 29 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,105,000
- Deposit, UAE resident (20%)
- AED 221,000
- Deposit, non-resident (40%)
- AED 442,000
- Monthly over 25 years at 3.7%
- AED 4,521
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →