2-bed · 1,422 sqftExecutive Tower M (West Heights 1), Business Bay · 11th floor · completed 2009

1103, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 1.8M16 September 2024
Current rentAED 115K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Executive Tower M (West Heights 1)

What is 1103 worth today?

Last sold for AED 1,800,000 in 2024

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5 Nov 2024RentedRenewal
AED 114,835/yr10 months · AED 81 per sqft
16 Sep 2024SoldReady
AED 1,800,000AED 1,265 per sqft
5 Nov 2023RentedNew contract
AED 115,000/yr12 months · AED 81 per sqft
5 Nov 2022RentedNew contract
AED 107,000/yr12 months · AED 75 per sqft
8 Jun 2022RentedNew contract
AED 91,000/yr12 months · AED 64 per sqft
15 Oct 2021RentedNew contract
AED 78,000/yr12 months · AED 55 per sqft
15 Oct 2020RentedRenewal
AED 78,000/yr10 months · AED 55 per sqft
15 Dec 2019RentedRenewal
AED 88,002/yr10 months · AED 62 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
11th of 51
Parking
MB - 101
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.8M · September 2024

About 1103, Executive Tower M (West Heights 1)

1103 is a two-bedroom apartment of 1,422 sqft on the 11th 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 16 September 2024 for AED 1,800,000, or AED 1,265 per sqft, 4% above the AED 1,221 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 114,835 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical two-bed in Executive Tower M (West Heights 1)
1M2M2010201520202025Typical sale price by year: 2010 AED 1,569,925; 2011 AED 1,425,000; 2012 AED 1,413,000; 2013 AED 1,810,000; 2014 AED 2,305,000; 2015 AED 2,087,500; 2016 AED 1,975,000; 2017 AED 2,000,000; 2018 AED 1,505,000; 2019 AED 1,455,000; 2020 AED 1,317,500; 2021 AED 1,555,500; 2022 AED 1,550,000; 2023 AED 1,682,500; 2024 AED 1,900,000; 2025 AED 2,150,000; 2026 AED 2,150,000Sold by developer, August 2011: AED 1,445,000 (AED 1,016 per sqft)Sold, April 2014: AED 1,045,000 (AED 734 per sqft)Sold, September 2024: AED 1,800,000 (AED 1,265 per sqft)

1103 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1103, each contractTypical two-bed in Executive Tower M (West Heights 1)
100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 105,000; 2014 AED 125,000; 2015 AED 135,000; 2016 AED 135,000; 2017 AED 125,500; 2018 AED 114,999; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 82,500; 2022 AED 93,307; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 132,500New contract, April 2014: AED 100,270 a yearNew contract, April 2015: AED 120,000 a yearNew contract, April 2017: AED 115,000 a yearRenewal, April 2018: AED 110,000 a yearRenewal, April 2019: AED 95,001 a yearRenewal, August 2019: AED 95,001 a yearRenewal, December 2019: AED 88,002 a yearRenewal, October 2020: AED 78,000 a yearNew contract, October 2021: AED 78,000 a yearNew contract, June 2022: AED 91,000 a yearNew contract, November 2022: AED 107,000 a yearNew contract, November 2023: AED 115,000 a yearRenewal, November 2024: AED 114,835 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Executive Tower M (West Heights 1), and where 1103 sits

All 228 2-beds →

1103 last sold in September 2024 at AED 1,265 per sqft, 4% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,221). Over the last 12 months two-beds sold for AED 1,800,000 to 2,835,000, around AED 1,508 per sqft, and rent for AED 30,000 to 170,000 a year. 1103's AED 114,835 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20261,975,000
14 Oct 20262,835,000
22 Sep 20262,110,000
17 Sep 20262,475,000
21 2-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
11013-bedAED 1.99M · Oct 2013
11023-bedAED 1.99M · Feb 2013
11042-bedAED 1.51M · Mar 2023
11052-bedAED 1.68M · Mar 2024
11062-bedAED 1.65M · Dec 2023
11073-bedAED 2.65M · Jul 2024
11083-bedAED 3.1M · Jun 2010

1103, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 24 August 2011 for AED 1,445,000, last on 16 September 2024 for AED 1,800,000 (AED 1,265 per sqft).
  • Rented since April 2014 on 13 Ejari contracts. The rent fell from AED 100,270 to AED 78,000 in 2021 and recovered to AED 114,835 by November 2024.
  • At AED 114,835 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 21,100 a year (AED 14.84 per sqft).
  • Two-beds in Executive Tower M (West Heights 1) sold for AED 1,800,000–2,835,000 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 5 November 2024.

Questions about 1103, Executive Tower M (West Heights 1)

What did unit 1103 last sell for?

AED 1,800,000 on 16 September 2024: AED 1,265 per sqft for 1,422 sqft. The unit has 3 registered sales; the first was AED 1,445,000 in August 2011.

What is the rent for unit 1103?

AED 114,835 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 115,000; the unit has been rented since April 2014.

How big is unit 1103?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 11th floor of a 51-storey tower completed in 2009.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower M (West Heights 1) sold for AED 1,800,000 to 2,835,000 in the last 12 months, around AED 1,508 per sqft.

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Mortgage on 1103, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.8M, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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