1-bed · 1,275 sqftExecutive Tower L (West Heights 2), Business Bay · 5th floor · completed 2009

503, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 1.69M3 July 2014
Current rentAED 100K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Executive Tower L (West Heights 2)

What is 503 worth today?

Last sold for AED 1,690,000 in 2014

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25 Oct 2026RentedNew contract
AED 100,000/yr12 months · AED 78 per sqft
25 Oct 2025RentedRenewal
AED 107,000/yr12 months · AED 84 per sqft
25 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
25 Oct 2023RentedNew contract
AED 95,000/yr12 months · AED 75 per sqft
10 Apr 2023RentedRenewal
AED 70,000/yr12 months · AED 55 per sqft
10 Apr 2022RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
10 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
10 Feb 2019RentedNew contract
AED 78,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
1-bed apartment
Size
1,275 sqft
Floor
5th of 44
Parking
LB - 18
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,900 /yr
Last sold
AED 1.69M · July 2014

About 503, Executive Tower L (West Heights 2)

503 is a one-bedroom apartment of 1,275 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. It last sold on 3 July 2014 for AED 1,690,000, or AED 1,325 per sqft, 4% below the AED 1,387 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 25 October 2026, is AED 100,000 a year: a gross yield of 5.9% on the 2014 price, before the service charge of about AED 21,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Executive Tower L (West Heights 2)
1M1.5M2011201520192023Typical sale price by year: 2011 AED 1,570,000; 2012 AED 1,316,000; 2013 AED 1,308,000; 2014 AED 1,785,000; 2015 AED 1,580,080; 2022 AED 1,100,000; 2023 AED 1,135,000; 2024 AED 1,300,000Sold by developer, April 2014: AED 1,580,080 (AED 1,239 per sqft)Sold, July 2014: AED 1,690,000 (AED 1,325 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Executive Tower L (West Heights 2)
75K100K2013201720212025Typical rent by year: 2013 AED 75,455; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 93,200; 2018 AED 82,000; 2019 AED 75,000; 2020 AED 63,000; 2021 AED 62,500; 2022 AED 66,450; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 97,500New contract, December 2014: AED 100,000 a yearRenewal, December 2015: AED 99,465 a yearNew contract, February 2018: AED 80,000 a yearNew contract, February 2019: AED 78,000 a yearNew contract, April 2021: AED 60,000 a yearRenewal, April 2022: AED 65,000 a yearRenewal, April 2023: AED 70,000 a yearNew contract, October 2023: AED 95,000 a yearRenewal, October 2024: AED 100,000 a yearRenewal, October 2025: AED 107,000 a yearNew contract, October 2026: AED 100,000 a year

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 503 sits

All 32 1-beds →

503 last sold in July 2014 at AED 1,325 per sqft, 4% below what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,387). 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. 503's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20261,540,000
22 Jan 20251,500,000
21 May 20241,435,000
1 Apr 20241,300,000
1 1-bed sale 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
5011-bedAED 1.25M · Feb 2016
502StudioAED 768K · Apr 2011
5043-bedAED 2.2M · Jun 2023
5053-bedAED 2.75M · Jan 2016

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

  • Sold twice: first on 20 April 2014 for AED 1,580,080, last on 3 July 2014 for AED 1,690,000 (AED 1,325 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2021 and recovered to AED 100,000 by October 2026.
  • At AED 100,000 a year the gross yield on the 2014 price is 5.9%, 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 25 October 2026.

Questions about 503, Executive Tower L (West Heights 2)

What did unit 503 last sell for?

AED 1,690,000 on 3 July 2014: AED 1,325 per sqft for 1,275 sqft. The unit has 2 registered sales; the first was AED 1,580,080 in April 2014.

What is the rent for unit 503?

AED 100,000 a year on the contract signed on 25 October 2026. The previous contract, from October 2025, was AED 107,000; the unit has been rented since December 2014.

How big is unit 503?

1,275 sqft (118.5 sqm): a one-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.

What is unit 503 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 503, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.69M, 3 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,690,000
Deposit, UAE resident (20%)
AED 338,000
Deposit, non-resident (40%)
AED 676,000
Monthly over 25 years at 3.7%
AED 6,914

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