3-bed · 2,197 sqftExecutive Tower M (West Heights 1), Business Bay · 16th floor · completed 2009

1602, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 7 December 2022
Last soldAED 2.7M7 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Executive Tower M (West Heights 1)

What is 1602 worth today?

Last sold for AED 2,700,000 in 2022

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7 Dec 2022SoldReady
AED 2,700,000AED 1,228 per sqft
7 Sep 2014SoldReady
AED 3,400,000AED 1,547 per sqft
8 Feb 2011Sold by developerReady
AED 1,985,000AED 903 per sqft

Source: Dubai Land Department. Updated 7 December 2022.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
16th of 51
Parking
MM - 1 & 2
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 2.7M · December 2022

About 1602, Executive Tower M (West Heights 1)

1602 is a three-bedroom apartment of 2,197 sqft on the 16th 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 December 2022 for AED 2,700,000, or AED 1,228 per sqft, 32% above the AED 929 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, 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 2011: AED 1,985,000 (AED 903 per sqft)Sold, September 2014: AED 3,400,000 (AED 1,547 per sqft)Sold, December 2022: AED 2,700,000 (AED 1,228 per sqft)

1602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, 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 203,500

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 1602 sits

All 59 3-beds →

1602 last sold in December 2022 at AED 1,228 per sqft, 32% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 929). 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.

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
16013-bedAED 3.13M · Dec 2013
16032-bedAED 2.09M · Dec 2025
16042-bedAED 1.31M · Oct 2010
16052-bedAED 1.31M · Oct 2010
16062-bedNo registered sale
16073-bedAED 3.04M · Jul 2024
16083-bedAED 1.99M · Oct 2010

1602, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 8 February 2011 for AED 1,985,000, last on 7 December 2022 for AED 2,700,000 (AED 1,228 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 December 2022.

Questions about 1602, Executive Tower M (West Heights 1)

What did unit 1602 last sell for?

AED 2,700,000 on 7 December 2022: AED 1,228 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 1,985,000 in February 2011.

How big is unit 1602?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 16th floor of a 51-storey tower completed in 2009.

What is unit 1602 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 1602, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.7M, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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