504, Executive Tower L (West Heights 2)
Sold prices and rental history: sold twice, last in June 2023, 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 504, Executive Tower L (West Heights 2)
What is 504 worth today?
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Source: Dubai Land Department. Updated 20 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,062 sqft
- Floor
- 5th of 44
- Parking
- LB - 19 & 20
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2.2M · June 2023
About 504, Executive Tower L (West Heights 2)
504 is a three-bedroom apartment of 2,062 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 21 June 2023 for AED 2,200,000, or AED 1,066 per sqft, in line with the AED 1,066 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 20 October 2023, is AED 136,757 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 35,400 a year.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Executive Tower L (West Heights 2), and where 504 sits
All 40 3-beds →504 last sold in June 2023 at AED 1,066 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,066). Over the last 12 months three-beds sold for AED 3,250,000, around AED 1,576 per sqft, and rent for AED 157,000 to 225,000 a year. 504's AED 136,757 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 2,062 sqft | 3,250,000 | 1,576 | ||
| 4 Aug 20254 August 2025 | 2,062 sqft | 3,000,000 | 1,454 | ||
| 25 Jun 202525 June 2025 | 2,062 sqft | 3,200,000 | 1,551 | ||
| 20 Mar 202520 March 2025 | 2,069 sqft | 3,000,000 | 1,449 |
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 | |
| 502 | Studio | 808 sqft | AED 768KAED 768,000 · Apr 2011April 2011 | 75,000 /yr | |
| 503 | 1-bed | 1,275 sqft | AED 1.69MAED 1,690,000 · Jul 2014July 2014 | 100,000 /yr | |
| 505 | 3-bed | 2,062 sqft | AED 2.75MAED 2,750,000 · Jan 2016January 2016 | 135,000 /yr |
504, Executive Tower L (West Heights 2) in numbers
- Sold twice: first on 4 July 2011 for AED 2,475,000, last on 21 June 2023 for AED 2,200,000 (AED 1,066 per sqft).
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 170,000 to AED 112,000 in 2020 and recovered to AED 136,757 by October 2023.
- At AED 136,757 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 35,400 a year (AED 17.15 per sqft).
- Three-beds in Executive Tower L (West Heights 2) sold for AED 3,250,000–3,250,000 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 October 2023.
Questions about 504, Executive Tower L (West Heights 2)
What did unit 504 last sell for?
AED 2,200,000 on 21 June 2023: AED 1,066 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 2,475,000 in July 2011.
What is the rent for unit 504?
AED 136,757 a year on the contract signed on 20 October 2023. The previous contract, from July 2023, was AED 129,360; the unit has been rented since June 2015.
How big is unit 504?
2,062 sqft (191.6 sqm): a three-bedroom apartment on the 5th floor of a 44-storey tower completed in 2009.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower L (West Heights 2) sold for AED 3,250,000 to 3,250,000 in the last 12 months, around AED 1,576 per sqft.
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Mortgage on 504, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 2.2M, 21 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,200,000
- Deposit, UAE resident (20%)
- AED 440,000
- Deposit, non-resident (40%)
- AED 880,000
- Monthly over 25 years at 3.7%
- AED 9,001
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →