505, Executive Tower L (West Heights 2)
Sold prices and rental history: sold twice, last in January 2016, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Executive Tower L (West Heights 2)
What is 505 worth today?
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Source: Dubai Land Department. Updated 3 January 2016.
Key facts
- Type
- 3-bed apartment
- Size
- 2,062 sqft
- Floor
- 5th of 44
- Parking
- LB - 21 & 22
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2.75M · January 2016
About 505, Executive Tower L (West Heights 2)
505 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 3 January 2016 for AED 2,750,000, or AED 1,333 per sqft, in line with the AED 1,350 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2014. The current contract, signed on 1 June 2014, is AED 135,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 35,400 a year.
Sales and rents for 505 over time
505 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 505 sits
All 40 3-beds →505 last sold in January 2016 at AED 1,333 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,350). 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. 505's AED 135,000 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 | |
| 504 | 3-bed | 2,062 sqft | AED 2.2MAED 2,200,000 · Jun 2023June 2023 | 136,757 /yr |
505, Executive Tower L (West Heights 2) in numbers
- Sold twice: first on 28 August 2012 for AED 2,475,000, last on 3 January 2016 for AED 2,750,000 (AED 1,333 per sqft).
- Rented since June 2014 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2016 price is 4.9%, 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 3 January 2016.
Questions about 505, Executive Tower L (West Heights 2)
What did unit 505 last sell for?
AED 2,750,000 on 3 January 2016: AED 1,333 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 2,475,000 in August 2012.
What is the rent for unit 505?
AED 135,000 a year on the contract signed on 1 June 2014.
How big is unit 505?
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 505 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 505, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 2.75M, 3 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →