3-bed · 2,197 sqftExecutive Tower M (West Heights 1), Business Bay · 13th floor · completed 2009

1302, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1302 · DLD and Ejari recordsUpdated 7 February 2022
Last soldAED 2.25M7 February 2022
Current rentAED 121K /yr15 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1302, Executive Tower M (West Heights 1)

What is 1302 worth today?

Last sold for AED 2,250,000 in 2022

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7 Feb 2022SoldReady
AED 2,250,000AED 1,024 per sqft
15 Jan 2022RentedNew contract
AED 121,000/yr9 months · AED 55 per sqft
21 Dec 2021SoldReady
AED 2,000,000AED 910 per sqft
31 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
5 Dec 2015RentedNew contract
AED 155,900/yr12 months · AED 71 per sqft
22 Feb 2015RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
22 Feb 2014RentedNew contract
AED 155,000/yr12 months · AED 71 per sqft
26 Jan 2010Sold by developerReady
AED 1,985,000AED 903 per sqft

Source: Dubai Land Department. Updated 7 February 2022.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
13th of 51
Parking
MB - 123 & 124
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 2.25M · February 2022

About 1302, Executive Tower M (West Heights 1)

1302 is a three-bedroom apartment of 2,197 sqft on the 13th 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 7 February 2022 for AED 2,250,000, or AED 1,024 per sqft, 15% above the AED 888 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 January 2022, is AED 121,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 32,600 a year.

Sales and rents for 1302 over time

Sales
Unit 1302, 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, January 2010: AED 1,985,000 (AED 903 per sqft)Sold, December 2021: AED 2,000,000 (AED 910 per sqft)Sold, February 2022: AED 2,250,000 (AED 1,024 per sqft)

1302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1302, each contractTypical three-bed in Executive Tower M (West Heights 1)
100K150K200K2013201720212025Typical 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 2014: AED 155,000 a yearNew contract, February 2015: AED 165,000 a yearNew contract, December 2015: AED 155,900 a yearNew contract, December 2020: AED 110,000 a yearNew contract, January 2022: AED 121,000 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 1302 sits

All 59 3-beds →

1302 last sold in February 2022 at AED 1,024 per sqft, 15% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 888). 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. 1302's AED 121,000 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
13013-bedAED 1.85M · Nov 2020
13032-bedAED 1.05M · Aug 2020
13042-bedAED 1.35M · Oct 2019
13052-bedAED 2M · Oct 2014
13062-bedAED 2.2M · Apr 2026
13073-bedAED 2.59M · Dec 2024

1302, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 26 January 2010 for AED 1,985,000, last on 7 February 2022 for AED 2,250,000 (AED 1,024 per sqft).
  • Rented since February 2014 on 5 Ejari contracts, from AED 155,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2022 price is 5.4%, 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 7 February 2022.

Questions about 1302, Executive Tower M (West Heights 1)

What did unit 1302 last sell for?

AED 2,250,000 on 7 February 2022: AED 1,024 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 1,985,000 in January 2010.

What is the rent for unit 1302?

AED 121,000 a year on the contract signed on 15 January 2022. The previous contract, from December 2020, was AED 110,000; the unit has been rented since February 2014.

How big is unit 1302?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 13th floor of a 51-storey tower completed in 2009.

What is unit 1302 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 1302, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.25M, 7 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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