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

1704, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1704 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 2.25M19 January 2024
Current rentAED 110K /yr7 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1704, Executive Tower M (West Heights 1)

What is 1704 worth today?

Last sold for AED 2,250,000 in 2024

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7 Feb 2024RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
19 Jan 2024SoldReady
AED 2,250,000AED 1,583 per sqft
7 Feb 2023RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
3 Feb 2022RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
22 Mar 2016SoldReady
AED 1,950,000AED 1,372 per sqft
19 Jan 2015RentedNew contract
AED 140,000/yr12 months · AED 99 per sqft
1 Jun 2013RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
7 Feb 2011Sold by developerReady
AED 1,445,000AED 1,016 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
2-bed apartment
Size
1,421 sqft
Floor
17th of 51
Parking
MM - 13
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 2.25M · January 2024
Building
Executive Tower M (West Heights 1)

About 1704, Executive Tower M (West Heights 1)

1704 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 19 January 2024 for AED 2,250,000, or AED 1,583 per sqft, 42% above the AED 1,111 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 7 February 2024, is AED 110,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1704 over time

Sales
Unit 1704, 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, February 2011: AED 1,445,000 (AED 1,016 per sqft)Sold, March 2016: AED 1,950,000 (AED 1,372 per sqft)Sold, January 2024: AED 2,250,000 (AED 1,583 per sqft)

1704 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1704, 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, June 2013: AED 100,000 a yearNew contract, January 2015: AED 140,000 a yearNew contract, February 2022: AED 100,000 a yearNew contract, February 2023: AED 105,000 a yearNew contract, February 2024: AED 110,000 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 1704 sits

All 228 2-beds →

1704 last sold in January 2024 at AED 1,583 per sqft, 42% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,111). 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. 1704's AED 110,000 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 →

Other units on the 17th floor

All 331 units in Executive Tower M (West Heights 1)
Value
17012-bedAED 750K · Sep 2022
17022-bedAED 1.5M · Mar 2023
17032-bedAED 2.14M · Jul 2025

1704, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 7 February 2011 for AED 1,445,000, last on 19 January 2024 for AED 2,250,000 (AED 1,583 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 100,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.9%, 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 7 February 2024.

Questions about 1704, Executive Tower M (West Heights 1)

What did unit 1704 last sell for?

AED 2,250,000 on 19 January 2024: AED 1,583 per sqft for 1,421 sqft. The unit has 3 registered sales; the first was AED 1,445,000 in February 2011.

What is the rent for unit 1704?

AED 110,000 a year on the contract signed on 7 February 2024. The previous contract, from February 2023, was AED 105,000; the unit has been rented since June 2013.

How big is unit 1704?

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 1704 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 1704, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.25M, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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