2-bed · 1,422 sqftExecutive Tower M (West Heights 1), Business Bay · 15th floor · completed 2009

1503, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 13 May 2026
Last soldAED 1.51M14 February 2023
Current rentAED 160K /yr13 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Executive Tower M (West Heights 1)

What is 1503 worth today?

Last sold for AED 1,511,000 in 2023

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13 May 2026RentedNew contract
AED 160,000/yr12 months · AED 113 per sqft
1 Sep 2023RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
14 Feb 2023SoldReady
AED 1,511,000AED 1,062 per sqft
25 Jan 2022RentedRenewal
AED 99,000/yr12 months · AED 70 per sqft
25 Jan 2021RentedNew contract
AED 99,000/yr12 months · AED 70 per sqft
1 Apr 2020RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
1 Apr 2019RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
1 Apr 2018RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 13 May 2026.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
15th of 51
Parking
MB - 149
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.51M · February 2023

About 1503, Executive Tower M (West Heights 1)

1503 is a two-bedroom apartment of 1,422 sqft on the 15th 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 February 2023 for AED 1,511,000, or AED 1,062 per sqft, in line with the AED 1,051 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 13 May 2026, is AED 160,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Executive Tower M (West Heights 1)
1.5M2M2010201520202025Typical 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, October 2010: AED 1,445,000 (AED 1,016 per sqft)Sold, February 2023: AED 1,511,000 (AED 1,062 per sqft)

1503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Executive Tower M (West Heights 1)
100K150K2012201620202024Typical 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, April 2015: AED 100,000 a yearRenewal, April 2016: AED 100,000 a yearRenewal, April 2017: AED 100,000 a yearRenewal, April 2018: AED 100,000 a yearRenewal, April 2019: AED 100,000 a yearRenewal, April 2020: AED 100,000 a yearNew contract, January 2021: AED 99,000 a yearRenewal, January 2022: AED 99,000 a yearNew contract, September 2023: AED 140,000 a yearNew contract, May 2026: AED 160,000 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 1503 sits

All 228 2-beds →

1503 last sold in February 2023 at AED 1,062 per sqft, in line with what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,051). 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. 1503's AED 160,000 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
15013-bedAED 3.9M · Sep 2025
15023-bedAED 2.09M · Jul 2012
15042-bedAED 1.8M · Sep 2015
15052-bedAED 1.7M · Feb 2013
15062-bedAED 1.89M · Apr 2025
15073-bedAED 2.5M · Jan 2013
15083-bedAED 2.83M · Dec 2012

1503, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 11 October 2010 for AED 1,445,000, last on 14 February 2023 for AED 1,511,000 (AED 1,062 per sqft).
  • Rented since April 2015 on 10 Ejari contracts, from AED 100,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2023 price is 10.6%, 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 13 May 2026.

Questions about 1503, Executive Tower M (West Heights 1)

What did unit 1503 last sell for?

AED 1,511,000 on 14 February 2023: AED 1,062 per sqft for 1,422 sqft. The unit has 2 registered sales; the first was AED 1,445,000 in October 2010.

What is the rent for unit 1503?

AED 160,000 a year on the contract signed on 13 May 2026. The previous contract, from September 2023, was AED 140,000; the unit has been rented since April 2015.

How big is unit 1503?

1,422 sqft (132.1 sqm): a two-bedroom apartment on the 15th floor of a 51-storey tower completed in 2009.

What is unit 1503 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 1503, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.51M, 14 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,511,000
Deposit, UAE resident (20%)
AED 302,200
Deposit, non-resident (40%)
AED 604,400
Monthly over 25 years at 3.7%
AED 6,182

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