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

1506, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 5 times, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 24 April 2025
Last soldAED 1.89M24 April 2025
Current rentAED 125K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Executive Tower M (West Heights 1)

What is 1506 worth today?

Last sold for AED 1,890,000 in 2025

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24 Apr 2025SoldReady
AED 1,890,000AED 1,329 per sqft
15 Nov 2024RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
5 Sep 2023RentedRenewal
AED 115,000/yr12 months · AED 81 per sqft
5 Sep 2022RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
25 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
22 Apr 2021RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
1 May 2020RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
1 May 2019RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 24 April 2025.

Key facts

Type
2-bed apartment
Size
1,422 sqft
Floor
15th of 51
Parking
MB-152
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.89M · April 2025

About 1506, Executive Tower M (West Heights 1)

1506 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 24 April 2025 for AED 1,890,000, or AED 1,329 per sqft, in line with the AED 1,344 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 November 2024, is AED 125,000 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, March 2010: AED 1,310,000 (AED 921 per sqft)Sold, July 2012: AED 1,350,900 (AED 949 per sqft)Sold, December 2012: AED 1,706,400 (AED 1,199 per sqft)Sold, September 2016: AED 2,000,000 (AED 1,406 per sqft)Sold, April 2025: AED 1,890,000 (AED 1,329 per sqft)

1506 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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, November 2013: AED 120,000 a yearNew contract, December 2014: AED 145,000 a yearNew contract, May 2016: AED 125,000 a yearNew contract, May 2018: AED 125,000 a yearRenewal, May 2019: AED 100,000 a yearRenewal, May 2020: AED 85,000 a yearNew contract, April 2021: AED 75,000 a yearNew contract, August 2021: AED 80,000 a yearNew contract, September 2022: AED 105,000 a yearRenewal, September 2023: AED 115,000 a yearNew contract, November 2024: AED 125,000 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 1506 sits

All 228 2-beds →

1506 last sold in April 2025 at AED 1,329 per sqft, in line with what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,344). 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. 1506's AED 125,000 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
15032-bedAED 1.51M · Feb 2023
15042-bedAED 1.8M · Sep 2015
15052-bedAED 1.7M · Feb 2013
15073-bedAED 2.5M · Jan 2013
15083-bedAED 2.83M · Dec 2012

1506, Executive Tower M (West Heights 1) in numbers

  • Sold 5 times: first on 14 March 2010 for AED 1,310,000, last on 24 April 2025 for AED 1,890,000 (AED 1,329 per sqft).
  • Rented since November 2013 on 11 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2021 and recovered to AED 125,000 by November 2024.
  • At AED 125,000 a year the gross yield on the 2025 price is 6.6%, 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 24 April 2025.

Questions about 1506, Executive Tower M (West Heights 1)

What did unit 1506 last sell for?

AED 1,890,000 on 24 April 2025: AED 1,329 per sqft for 1,422 sqft. The unit has 5 registered sales; the first was AED 1,310,000 in March 2010.

What is the rent for unit 1506?

AED 125,000 a year on the contract signed on 15 November 2024. The previous contract, from September 2023, was AED 115,000; the unit has been rented since November 2013.

How big is unit 1506?

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 1506 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 1506, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.89M, 24 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,890,000
Deposit, UAE resident (20%)
AED 378,000
Deposit, non-resident (40%)
AED 756,000
Monthly over 25 years at 3.7%
AED 7,733

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