1-bed · 1,253 sqftExecutive Tower M (West Heights 1), Business Bay · 10th floor · completed 2009

1003, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.34M19 September 2024
Current rentAED 68K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Executive Tower M (West Heights 1)

What is 1003 worth today?

Last sold for AED 1,335,000 in 2024

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1 Oct 2024RentedNew contract
AED 67,804/yr12 months · AED 54 per sqft
19 Sep 2024SoldReady
AED 1,335,000AED 1,065 per sqft
4 Feb 2024RentedRenewal
AED 67,987/yr12 months · AED 54 per sqft
4 Feb 2023RentedRenewal
AED 64,575/yr12 months · AED 52 per sqft
4 Feb 2022RentedRenewal
AED 61,500/yr12 months · AED 49 per sqft
4 Feb 2021RentedNew contract
AED 57,000/yr12 months · AED 45 per sqft
13 Oct 2015Sold by developerReady
AED 567,500AED 452 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
1,253 sqft
Floor
10th of 51
Parking
MB - 89
Developer
Dubai Properties
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 1.34M · September 2024

About 1003, Executive Tower M (West Heights 1)

1003 is a one-bedroom apartment of 1,253 sqft on the 10th floor of Executive Tower M (West Heights 1), a 51-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 19 September 2024 for AED 1,335,000, or AED 1,065 per sqft, 8% above the AED 989 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 67,804 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 18,600 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Executive Tower M (West Heights 1)
500K1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,075,000; 2011 AED 567,500; 2012 AED 1,092,500; 2013 AED 1,135,000; 2014 AED 1,642,000; 2016 AED 1,250,000; 2017 AED 1,250,000; 2023 AED 925,500; 2024 AED 1,315,000; 2025 AED 1,500,000Sold by developer, October 2015: AED 567,500 (AED 452 per sqft)Sold, September 2024: AED 1,335,000 (AED 1,065 per sqft)

1003 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Executive Tower M (West Heights 1)
50K75K100K2013201720212025Typical rent by year: 2013 AED 68,250; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 91,500; 2018 AED 81,000; 2019 AED 75,000; 2020 AED 65,500; 2021 AED 60,000; 2022 AED 68,125; 2023 AED 75,000; 2024 AED 85,425; 2025 AED 100,000; 2026 AED 98,250New contract, February 2021: AED 57,000 a yearRenewal, February 2022: AED 61,500 a yearRenewal, February 2023: AED 64,575 a yearRenewal, February 2024: AED 67,987 a yearNew contract, October 2024: AED 67,804 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 M (West Heights 1), and where 1003 sits

All 32 1-beds →

1003 last sold in September 2024 at AED 1,065 per sqft, 8% above what one-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 989). Over the last 12 months one-beds sold for AED 1,260,000 to 1,600,000, around AED 1,147 per sqft, and rent for AED 75,600 to 140,000 a year. 1003's AED 67,804 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,260,000
24 Dec 20251,600,000
31 Jul 20251,450,000
10 Jun 20251,600,000
2 1-bed sales in the last 12 months

Executive Tower M (West Heights 1)

Building

331 apartments, 1-bed to 4-bed over 51 floors in Business Bay, completed in 2009 by Dubai Properties. 29 sold in the last 12 months.

Typical price per sqft
AED 1,494 Up 3.8%
Typical sale
AED 2.2M
Typical rent
AED 135K /yr
Typical yield
5.9%
Executive Tower M (West Heights 1), Business Bay: prices, sales and rents →
Value
10013-bedAED 2.34M · Aug 2022
10023-bedAED 1.96M · Mar 2021
10041-bedAED 1.14M · Oct 2013
10051-bedAED 1.32M · May 2024
10061-bedAED 1.56M · Nov 2024
10073-bedAED 3.2M · Jun 2026
10083-bedAED 3.2M · Aug 2014

1003, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 13 October 2015 for AED 567,500, last on 19 September 2024 for AED 1,335,000 (AED 1,065 per sqft).
  • Rented since February 2021 on 5 Ejari contracts, from AED 57,000 to AED 67,804 a year.
  • At AED 67,804 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 18,600 a year (AED 14.84 per sqft).
  • One-beds in Executive Tower M (West Heights 1) sold for AED 1,260,000–1,600,000 in the 12 months to November 2026; the building's median across all types is AED 1,494 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1003, Executive Tower M (West Heights 1)

What did unit 1003 last sell for?

AED 1,335,000 on 19 September 2024: AED 1,065 per sqft for 1,253 sqft. The unit has 2 registered sales; the first was AED 567,500 in October 2015.

What is the rent for unit 1003?

AED 67,804 a year on the contract signed on 1 October 2024. The previous contract, from February 2024, was AED 67,987; the unit has been rented since February 2021.

How big is unit 1003?

1,253 sqft (116.4 sqm): a one-bedroom apartment on the 10th floor of a 51-storey tower completed in 2009.

What is unit 1003 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 M (West Heights 1) sold for AED 1,260,000 to 1,600,000 in the last 12 months, around AED 1,147 per sqft.

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Mortgage on 1003, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.34M, 19 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,335,000
Deposit, UAE resident (20%)
AED 267,000
Deposit, non-resident (40%)
AED 534,000
Monthly over 25 years at 3.7%
AED 5,462

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