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

1202, Executive Tower M (West Heights 1)

Sold prices and rental history: sold once, by the developer in February 2013, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 1 April 2017
Last soldAED 1.99M24 February 2013
Current rentAED 185K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Executive Tower M (West Heights 1)

What is 1202 worth today?

Last sold for AED 1,985,000 in 2013

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1 Apr 2017RentedRenewal
AED 185,000/yr12 months · AED 84 per sqft
1 Apr 2016RentedRenewal
AED 185,000/yr12 months · AED 84 per sqft
24 Feb 2013Sold by developerReady
AED 1,985,000AED 903 per sqft

Source: Dubai Land Department. Updated 1 April 2017.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
12th of 51
Parking
MB - 111 & 112
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 1.99M · February 2013

About 1202, Executive Tower M (West Heights 1)

1202 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. The developer sold it on 24 February 2013 for AED 1,985,000, or AED 903 per sqft, in line with the AED 900 three-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 1 April 2017, is AED 185,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 32,600 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, 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, February 2013: AED 1,985,000 (AED 903 per sqft)

1202 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1202, 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 203,500Renewal, April 2016: AED 185,000 a yearRenewal, April 2017: AED 185,000 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 1202 sits

All 59 3-beds →

1202 last sold in February 2013 at AED 903 per sqft, in line with what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 900). 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. 1202's AED 185,000 is in the lower half 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
12013-bedAED 1.94M · Mar 2021
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

1202, Executive Tower M (West Heights 1) in numbers

  • Sold once: by Dubai Properties on 24 February 2013 for AED 1,985,000, or AED 903 per sqft.
  • Rented since April 2016 on 2 Ejari contracts, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2013 price is 9.3%, 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 1 April 2017.

Questions about 1202, Executive Tower M (West Heights 1)

What did unit 1202 last sell for?

AED 1,985,000 on 24 February 2013, sold by the developer: AED 903 per sqft for 2,197 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 185,000 a year on the contract renewed on 1 April 2017. The previous contract, from April 2016, was AED 185,000.

How big is unit 1202?

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 1202 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 1202, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.99M, 24 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,985,000
Deposit, UAE resident (20%)
AED 397,000
Deposit, non-resident (40%)
AED 794,000
Monthly over 25 years at 3.7%
AED 8,121

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