3-bed · 2,197 sqftExecutive Tower M (West Heights 1), Business Bay · 12th floor · completed 2009

1201, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 4 March 2021
Last soldAED 1.94M4 March 2021
Current rentAED 135K /yr17 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Executive Tower M (West Heights 1)

What is 1201 worth today?

Last sold for AED 1,935,000 in 2021

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4 Mar 2021SoldReady
AED 1,935,000AED 880 per sqft
17 Feb 2021RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
17 Feb 2020RentedRenewal
AED 140,000/yr12 months · AED 64 per sqft
17 Feb 2019RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
26 Feb 2018SoldReady
AED 2,000,000AED 910 per sqft
15 Feb 2018RentedNew contract
AED 147,000/yr12 months · AED 67 per sqft
7 Jul 2010Sold by developerReady
AED 1,985,000AED 903 per sqft

Source: Dubai Land Department. Updated 4 March 2021.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
12th of 51
Parking
MB - 109 & 110
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 1.94M · March 2021

About 1201, Executive Tower M (West Heights 1)

1201 is a three-bedroom apartment of 2,197 sqft on the 12th 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 4 March 2021 for AED 1,935,000, or AED 880 per sqft, in line with the AED 860 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 17 February 2021, is AED 135,000 a year: a gross yield of 7.0% on the 2021 price, before the service charge of about AED 32,600 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical three-bed in Executive Tower M (West Heights 1)
2M3M2010201520202025Typical sale price by year: 2010 AED 1,985,000; 2011 AED 1,767,750; 2012 AED 1,985,000; 2013 AED 2,144,000; 2014 AED 3,000,000; 2015 AED 2,392,500; 2018 AED 2,475,000; 2019 AED 1,991,327; 2020 AED 1,900,000; 2021 AED 1,980,000; 2022 AED 2,295,000; 2023 AED 2,525,000; 2024 AED 2,842,500; 2025 AED 2,995,648; 2026 AED 3,575,000Sold by developer, July 2010: AED 1,985,000 (AED 903 per sqft)Sold, February 2018: AED 2,000,000 (AED 910 per sqft)Sold, March 2021: AED 1,935,000 (AED 880 per sqft)

1201 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1201, each contractTypical three-bed in Executive Tower M (West Heights 1)
150K200K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 160,000; 2018 AED 148,500; 2019 AED 136,500; 2020 AED 120,000; 2021 AED 117,700; 2022 AED 130,000; 2023 AED 148,000; 2024 AED 180,000; 2025 AED 207,000; 2026 AED 203,500New contract, February 2018: AED 147,000 a yearNew contract, February 2019: AED 140,000 a yearRenewal, February 2020: AED 140,000 a yearRenewal, February 2021: AED 135,000 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 M (West Heights 1), and where 1201 sits

All 59 3-beds →

1201 last sold in March 2021 at AED 880 per sqft, in line with what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 860). Over the last 12 months three-beds sold for AED 2,800,000 to 4,100,000, around AED 1,479 per sqft, and rent for AED 155,861 to 250,000 a year. 1201's AED 135,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20263,250,000
24 Jun 20263,200,000
21 May 20264,100,000
20 May 20263,900,000
5 3-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
12023-bedAED 1.99M · Feb 2013
12032-bedAED 1.98M · Oct 2026
12042-bedAED 2.27M · Apr 2014
12052-bedAED 1.55M · Apr 2022
12062-bedAED 2.08M · Mar 2025
12073-bedAED 3.25M · Aug 2026
12083-bedAED 2.6M · Jul 2023

1201, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 7 July 2010 for AED 1,985,000, last on 4 March 2021 for AED 1,935,000 (AED 880 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 147,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 7.0%, before a service charge of about AED 32,600 a year (AED 14.84 per sqft).
  • Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000–4,100,000 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 4 March 2021.

Questions about 1201, Executive Tower M (West Heights 1)

What did unit 1201 last sell for?

AED 1,935,000 on 4 March 2021: AED 880 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 1,985,000 in July 2010.

What is the rent for unit 1201?

AED 135,000 a year on the contract renewed on 17 February 2021. The previous contract, from February 2020, was AED 140,000; the unit has been rented since February 2018.

How big is unit 1201?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 12th floor of a 51-storey tower completed in 2009.

What is unit 1201 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 M (West Heights 1) sold for AED 2,800,000 to 4,100,000 in the last 12 months, around AED 1,479 per sqft.

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Mortgage on 1201, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.94M, 4 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,935,000
Deposit, UAE resident (20%)
AED 387,000
Deposit, non-resident (40%)
AED 774,000
Monthly over 25 years at 3.7%
AED 7,917

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