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2-bed · 1,421 sqftExecutive Tower M (West Heights 1), Business Bay · 17th floor · completed 2009

1702, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 1.5M20 March 2023
Current rentAED 91K /yr21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1702, Executive Tower M (West Heights 1)

What is 1702 worth today?

Last sold for AED 1,500,000 in 2023

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21 Mar 2023RentedNew contract
AED 91,000/yr12 months · AED 64 per sqft
20 Mar 2023SoldReady
AED 1,500,000AED 1,055 per sqft
1 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
1 Dec 2021RentedRenewal
AED 78,000/yr12 months · AED 55 per sqft
1 Dec 2020RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
1 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
1 Dec 2018RentedNew contract
AED 95,000/yr12 months · AED 67 per sqft
10 Oct 2018SoldReady
AED 1,500,000AED 1,055 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
2-bed apartment
Size
1,421 sqft
Floor
17th of 51
Parking
MM - 11
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.5M · March 2023
Building
Executive Tower M (West Heights 1)

About 1702, Executive Tower M (West Heights 1)

1702 is a two-bedroom apartment of 1,421 sqft on the 17th 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 20 March 2023 for AED 1,500,000, or AED 1,055 per sqft, in line with the AED 1,062 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 21 March 2023, is AED 91,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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, January 2011: AED 1,343,000 (AED 945 per sqft)Sold, October 2018: AED 1,500,000 (AED 1,055 per sqft)Sold, March 2023: AED 1,500,000 (AED 1,055 per sqft)

1702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1702, each contractTypical two-bed in Executive Tower M (West Heights 1)
100K2012201620202024Typical 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, February 2014: AED 90,000 a yearRenewal, February 2015: AED 95,000 a yearRenewal, February 2016: AED 99,703 a yearRenewal, February 2017: AED 100,270 a yearNew contract, December 2018: AED 95,000 a yearRenewal, December 2019: AED 90,000 a yearRenewal, December 2020: AED 72,000 a yearRenewal, December 2021: AED 78,000 a yearRenewal, December 2022: AED 90,000 a yearNew contract, March 2023: AED 91,000 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 1702 sits

All 228 2-beds →

1702 last sold in March 2023 at AED 1,055 per sqft, in line with what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,062). 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. 1702's AED 91,000 is in the lower 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 →

Other units on the 17th floor

All 331 units in Executive Tower M (West Heights 1)
Value
17012-bedAED 750K · Sep 2022
17032-bedAED 2.14M · Jul 2025
17042-bedAED 2.25M · Jan 2024

1702, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 11 January 2011 for AED 1,343,000, last on 20 March 2023 for AED 1,500,000 (AED 1,055 per sqft).
  • Rented since February 2014 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 72,000 in 2020 and recovered to AED 91,000 by March 2023.
  • At AED 91,000 a year the gross yield on the 2023 price is 6.1%, 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 21 March 2023.

Questions about 1702, Executive Tower M (West Heights 1)

What did unit 1702 last sell for?

AED 1,500,000 on 20 March 2023: AED 1,055 per sqft for 1,421 sqft. The unit has 3 registered sales; the first was AED 1,343,000 in January 2011.

What is the rent for unit 1702?

AED 91,000 a year on the contract signed on 21 March 2023. The previous contract, from December 2022, was AED 90,000; the unit has been rented since February 2014.

How big is unit 1702?

1,421 sqft (132.0 sqm): a two-bedroom apartment on the 17th floor of a 51-storey tower completed in 2009.

What is unit 1702 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 1702, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.5M, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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