3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 9th floor · completed 2009

904, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 2.63M12 June 2017
Current rentAED 150K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Executive Tower L (West Heights 2)

What is 904 worth today?

Last sold for AED 2,630,000 in 2017

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1 Dec 2019RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
12 Jun 2017SoldReady
AED 2,630,000AED 1,275 per sqft
25 May 2016RentedNew contract
AED 170,000/yr12 months · AED 82 per sqft
5 Feb 2015RentedNew contract
AED 152,500/yr12 months · AED 74 per sqft
5 Feb 2014RentedNew contract
AED 145,000/yr12 months · AED 70 per sqft
11 Apr 2011Sold by developerReady
AED 2,062,000AED 999 per sqft

Source: Dubai Land Department. Updated 1 December 2019.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
9th of 44
Parking
LB - 49 & 50
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 2.63M · June 2017

About 904, Executive Tower L (West Heights 2)

904 is a three-bedroom apartment of 2,062 sqft on the 9th 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 12 June 2017 for AED 2,630,000, or AED 1,275 per sqft, in line with the AED 1,272 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 1 December 2019, is AED 150,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 35,400 a year.

Sales and rents for 904 over time

Sales
Unit 904, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M2.5M3M2011201520192023Typical sale price by year: 2011 AED 2,062,000; 2012 AED 2,030,000; 2013 AED 2,500,000; 2014 AED 2,786,925; 2015 AED 2,820,000; 2016 AED 2,800,000; 2017 AED 2,623,850; 2023 AED 2,330,000; 2025 AED 3,000,000Sold by developer, April 2011: AED 2,062,000 (AED 999 per sqft)Sold, June 2017: AED 2,630,000 (AED 1,275 per sqft)

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

Rents
Unit 904, each contractTypical three-bed in Executive Tower L (West Heights 2)
100K150K200K2012201620202024Typical rent by year: 2012 AED 109,683; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 167,500; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 118,250; 2022 AED 129,680; 2023 AED 136,757; 2024 AED 172,371; 2025 AED 195,000; 2026 AED 192,500New contract, February 2014: AED 145,000 a yearNew contract, February 2015: AED 152,500 a yearNew contract, May 2016: AED 170,000 a yearNew contract, December 2019: AED 150,000 a year

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 904 sits

All 40 3-beds →

904 last sold in June 2017 at AED 1,275 per sqft, in line with what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,272). 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. 904's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20263,250,000
4 Aug 20253,000,000
25 Jun 20253,200,000
20 Mar 20253,000,000
1 3-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
9011-bedAED 1.3M · Apr 2024
902StudioAED 428K · Feb 2024
9031-bedAED 1.11M · Aug 2021
9053-bedAED 1.85M · Feb 2021

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

  • Sold twice: first on 11 April 2011 for AED 2,062,000, last on 12 June 2017 for AED 2,630,000 (AED 1,275 per sqft).
  • Rented since February 2014 on 4 Ejari contracts, from AED 145,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 5.7%, 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 1 December 2019.

Questions about 904, Executive Tower L (West Heights 2)

What did unit 904 last sell for?

AED 2,630,000 on 12 June 2017: AED 1,275 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 2,062,000 in April 2011.

What is the rent for unit 904?

AED 150,000 a year on the contract signed on 1 December 2019. The previous contract, from May 2016, was AED 170,000; the unit has been rented since February 2014.

How big is unit 904?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 9th floor of a 44-storey tower completed in 2009.

What is unit 904 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 904, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.63M, 12 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,630,000
Deposit, UAE resident (20%)
AED 526,000
Deposit, non-resident (40%)
AED 1,052,000
Monthly over 25 years at 3.7%
AED 10,760

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