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

1106, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.65M14 December 2023
Current rentAED 105K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Executive Tower M (West Heights 1)

What is 1106 worth today?

Last sold for AED 1,650,000 in 2023

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1 Apr 2024RentedRenewal
AED 105,000/yr2 months · AED 74 per sqft
1 Jan 2024RentedNew contract
AED 105,288/yr3 months · AED 74 per sqft
14 Dec 2023SoldReady
AED 1,650,000AED 1,160 per sqft
1 Apr 2023RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
1 Aug 2022RentedNew contract
AED 88,000/yr12 months · AED 62 per sqft
1 Oct 2021RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
1 Aug 2020RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
1 Aug 2019RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
11th of 51
Parking
MB - 104
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.65M · December 2023

About 1106, Executive Tower M (West Heights 1)

1106 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 14 December 2023 for AED 1,650,000, or AED 1,160 per sqft, 5% above the AED 1,108 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 105,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, 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, July 2011: AED 690,000 (AED 485 per sqft)Sold, December 2023: AED 1,650,000 (AED 1,160 per sqft)

1106 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, 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, June 2014: AED 100,000 a yearNew contract, June 2015: AED 125,000 a yearNew contract, June 2016: AED 120,000 a yearRenewal, June 2017: AED 120,000 a yearRenewal, June 2018: AED 96,000 a yearNew contract, August 2019: AED 90,000 a yearRenewal, August 2020: AED 72,000 a yearNew contract, October 2021: AED 80,000 a yearNew contract, August 2022: AED 88,000 a yearNew contract, April 2023: AED 105,000 a yearNew contract, January 2024: AED 105,288 a yearRenewal, April 2024: AED 105,000 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 1106 sits

All 228 2-beds →

1106 last sold in December 2023 at AED 1,160 per sqft, 5% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,108). 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. 1106's AED 105,000 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
11032-bedAED 1.8M · Sep 2024
11042-bedAED 1.51M · Mar 2023
11052-bedAED 1.68M · Mar 2024
11073-bedAED 2.65M · Jul 2024
11083-bedAED 3.1M · Jun 2010

1106, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 31 July 2011 for AED 690,000, last on 14 December 2023 for AED 1,650,000 (AED 1,160 per sqft).
  • Rented since June 2014 on 12 Ejari contracts. The rent fell from AED 100,000 to AED 72,000 in 2020 and recovered to AED 105,000 by April 2024.
  • At AED 105,000 a year the gross yield on the 2023 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 1 April 2024.

Questions about 1106, Executive Tower M (West Heights 1)

What did unit 1106 last sell for?

AED 1,650,000 on 14 December 2023: AED 1,160 per sqft for 1,422 sqft. The unit has 2 registered sales; the first was AED 690,000 in July 2011.

What is the rent for unit 1106?

AED 105,000 a year on the contract renewed on 1 April 2024. The previous contract, from January 2024, was AED 105,288; the unit has been rented since June 2014.

How big is unit 1106?

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 1106 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 1106, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.65M, 14 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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