502, Executive Tower L (West Heights 2)
Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Executive Tower L (West Heights 2)
What is 502 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 808 sqft
- Floor
- 5th of 44
- Parking
- LB - 17
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 13,900 /yr
- Last sold
- AED 768K · April 2011
About 502, Executive Tower L (West Heights 2)
502 is a studio of 808 sqft on the 5th 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 11 April 2011 for AED 768,000, or AED 950 per sqft.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 75,000 a year: a gross yield of 9.8% on the 2011 price, before the service charge of about AED 13,900 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Executive Tower L (West Heights 2), and where 502 sits
All 15 studios →Over the last 12 months studios sold for AED 1,050,000, around AED 1,299 per sqft, and rent for AED 54,000 to 93,700 a year. 502's AED 75,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 808 sqft | 1,050,000 | 1,299 | ||
| 29 Aug 202529 August 2025 | 808 sqft | 1,110,000 | 1,373 | ||
| 23 Jul 202523 July 2025 | 808 sqft | 1,175,000 | 1,454 | ||
| 3 Jun 20243 June 2024 | 808 sqft | 900,000 | 1,113 |
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 5th floor
All 167 units in Executive Tower L (West Heights 2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,308 sqft | AED 1.25MAED 1,250,000 · Feb 2016February 2016 | 65,000 /yr | |
| 503 | 1-bed | 1,275 sqft | AED 1.69MAED 1,690,000 · Jul 2014July 2014 | 100,000 /yr | |
| 504 | 3-bed | 2,062 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 136,757 /yr | |
| 505 | 3-bed | 2,062 sqft | AED 2.75MAED 2,750,000 · Jan 2016January 2016 | 135,000 /yr |
502, Executive Tower L (West Heights 2) in numbers
- Sold once: by Dubai Properties on 11 April 2011 for AED 768,000, or AED 950 per sqft.
- Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 79,558 to AED 47,000 in 2020 and recovered to AED 75,000 by July 2025.
- At AED 75,000 a year the gross yield on the 2011 price is 9.8%, before a service charge of about AED 13,900 a year (AED 17.15 per sqft).
- Studios in Executive Tower L (West Heights 2) sold for AED 1,050,000–1,050,000 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 July 2025.
Questions about 502, Executive Tower L (West Heights 2)
What did unit 502 last sell for?
AED 768,000 on 11 April 2011, sold by the developer: AED 950 per sqft for 808 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 75,000 a year on the contract renewed on 10 July 2025. The previous contract, from July 2024, was AED 75,000; the unit has been rented since June 2014.
How big is unit 502?
808 sqft (75.1 sqm): a studio on the 5th floor of a 44-storey tower completed in 2009.
What is unit 502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower L (West Heights 2) sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,299 per sqft.
Selling 502? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 502, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 768K, 11 April 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 768,000
- Deposit, UAE resident (20%)
- AED 153,600
- Deposit, non-resident (40%)
- AED 307,200
- Monthly over 25 years at 3.7%
- AED 3,142
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →