Studio · 808 sqftExecutive Tower L (West Heights 2), Business Bay · 7th floor · completed 2009

702, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 5 times, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.17M14 May 2014
Current rentAED 68K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Executive Tower L (West Heights 2)

What is 702 worth today?

Last sold for AED 1,171,600 in 2014

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15 Feb 2025RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
15 Feb 2025RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
15 Feb 2024RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
15 Feb 2023RentedNew contract
AED 61,000/yr12 months · AED 76 per sqft
5 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
20 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
10 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Dec 2015RentedRenewal
AED 80,000/yr12 months · AED 99 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
Studio apartment
Size
808 sqft
Floor
7th of 44
Parking
LB - 32
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 1.17M · May 2014

About 702, Executive Tower L (West Heights 2)

702 is a studio of 808 sqft on the 7th 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 14 May 2014 for AED 1,171,600, or AED 1,449 per sqft, 14% above the AED 1,273 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 68,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 13,900 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Executive Tower L (West Heights 2)
500K1M2011201520192023Typical sale price by year: 2011 AED 768,000; 2012 AED 1,015,220; 2013 AED 808,000; 2014 AED 1,115,040; 2015 AED 997,610; 2024 AED 900,000Sold, October 2011: AED 565,600 (AED 699 per sqft)Sold by developer, October 2011: AED 1,015,220 (AED 1,256 per sqft)Sold, March 2013: AED 808,000 (AED 999 per sqft)Sold, March 2013: AED 808,000 (AED 999 per sqft)Sold, May 2014: AED 1,171,600 (AED 1,449 per sqft)

702 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, each contractTypical studio in Executive Tower L (West Heights 2)
40K60K80K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 75,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 73,500; 2018 AED 68,263; 2019 AED 60,000; 2020 AED 48,500; 2021 AED 45,500; 2022 AED 51,200; 2023 AED 60,533; 2024 AED 65,000; 2025 AED 72,500; 2026 AED 73,952New contract, November 2013: AED 70,000 a yearNew contract, December 2014: AED 73,000 a yearRenewal, December 2015: AED 80,000 a yearNew contract, January 2019: AED 60,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, February 2022: AED 50,000 a yearNew contract, February 2023: AED 61,000 a yearRenewal, February 2024: AED 68,000 a yearRenewal, February 2025: AED 68,000 a yearRenewal, February 2025: AED 68,000 a year

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 702 sits

All 15 studios →

702 last sold in May 2014 at AED 1,449 per sqft, 14% above what studios in Executive Tower L (West Heights 2) were fetching at the time (AED 1,273). 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. 702's AED 68,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Aug 20261,050,000
29 Aug 20251,110,000
23 Jul 20251,175,000
3 Jun 2024900,000
1 studio 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
7011-bedAED 1.18M · Sep 2023
7031-bedAED 1.09M · Apr 2022
7043-bedAED 2.62M · Jan 2017
7053-bedAED 2.62M · Jan 2017

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

  • Sold 5 times: first on 18 October 2011 for AED 1,015,220, last on 14 May 2014 for AED 1,171,600 (AED 1,449 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2022 and recovered to AED 68,000 by February 2025.
  • At AED 68,000 a year the gross yield on the 2014 price is 5.8%, 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 15 February 2025.

Questions about 702, Executive Tower L (West Heights 2)

What did unit 702 last sell for?

AED 1,171,600 on 14 May 2014: AED 1,449 per sqft for 808 sqft. The unit has 5 registered sales; the first was AED 1,015,220 in October 2011.

What is the rent for unit 702?

AED 68,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 68,000; the unit has been rented since November 2013.

How big is unit 702?

808 sqft (75.1 sqm): a studio on the 7th floor of a 44-storey tower completed in 2009.

What is unit 702 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.

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Mortgage on 702, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.17M, 14 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,600
Deposit, UAE resident (20%)
AED 234,320
Deposit, non-resident (40%)
AED 468,640
Monthly over 25 years at 3.7%
AED 4,793

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