3-bed · 2,197 sqftExecutive Tower M (West Heights 1), Business Bay · 14th floor · completed 2009

1402, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3.88M3 June 2014
Current rentAED 165K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Executive Tower M (West Heights 1)

What is 1402 worth today?

Last sold for AED 3,875,000 in 2014

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1 Jul 2024RentedRenewal
AED 165,000/yr12 months · AED 75 per sqft
1 Jul 2023RentedRenewal
AED 165,000/yr12 months · AED 75 per sqft
1 Jul 2022RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
15 Mar 2022RentedNew contract
AED 137,620/yr3 months · AED 63 per sqft
15 Mar 2021RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
14 Mar 2020RentedRenewal
AED 129,651/yr12 months · AED 59 per sqft
14 Mar 2019RentedNew contract
AED 140,000/yr12 months · AED 64 per sqft
3 Jun 2014SoldReady
AED 3,875,000AED 1,763 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
14th of 51
Parking
MB - 135 & 136
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 3.88M · June 2014

About 1402, Executive Tower M (West Heights 1)

1402 is a three-bedroom apartment of 2,197 sqft on the 14th 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 3 June 2014 for AED 3,875,000, or AED 1,763 per sqft, 25% above the AED 1,405 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 165,000 a year: a gross yield of 4.3% on the 2014 price, before the service charge of about AED 32,600 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical three-bed in Executive Tower M (West Heights 1)
2M3M4M2010201520202025Typical 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, October 2010: AED 1,985,000 (AED 903 per sqft)Sold, July 2012: AED 2,300,000 (AED 1,046 per sqft)Sold, June 2014: AED 3,875,000 (AED 1,763 per sqft)

1402 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1402, 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, March 2019: AED 140,000 a yearRenewal, March 2020: AED 129,651 a yearRenewal, March 2021: AED 130,000 a yearNew contract, March 2022: AED 137,620 a yearNew contract, July 2022: AED 165,000 a yearRenewal, July 2023: AED 165,000 a yearRenewal, July 2024: AED 165,000 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 1402 sits

All 59 3-beds →

1402 last sold in June 2014 at AED 1,763 per sqft, 25% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,405). 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. 1402's AED 165,000 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
14013-bedAED 3.05M · Aug 2013
14032-bedAED 1.89M · Nov 2024
14042-bedAED 584K · Jul 2012
14052-bedAED 1.57M · Feb 2023
14062-bedAED 1.8M · May 2026
14073-bedAED 2.35M · May 2023
14083-bedAED 1.85M · Nov 2020

1402, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 11 October 2010 for AED 1,985,000, last on 3 June 2014 for AED 3,875,000 (AED 1,763 per sqft).
  • Rented since March 2019 on 7 Ejari contracts, from AED 140,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2014 price is 4.3%, 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 July 2024.

Questions about 1402, Executive Tower M (West Heights 1)

What did unit 1402 last sell for?

AED 3,875,000 on 3 June 2014: AED 1,763 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 1,985,000 in October 2010.

What is the rent for unit 1402?

AED 165,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 165,000; the unit has been rented since March 2019.

How big is unit 1402?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 14th floor of a 51-storey tower completed in 2009.

What is unit 1402 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 1402, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 3.88M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,875,000
Deposit, UAE resident (20%)
AED 775,000
Deposit, non-resident (40%)
AED 1,550,000
Monthly over 25 years at 3.7%
AED 15,854

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