2-bed · 1,425 sqftExecutive Tower M (West Heights 1), Business Bay · 18th floor · completed 2009

1806, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1806 · DLD and Ejari recordsUpdated 15 September 2023
Last soldAED 1.6M23 June 2023
Current rentAED 94K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1806, Executive Tower M (West Heights 1)

What is 1806 worth today?

Last sold for AED 1,600,000 in 2023

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15 Sep 2023RentedNew contract
AED 94,170/yr10 months · AED 66 per sqft
23 Jun 2023SoldReady
AED 1,600,000AED 1,122 per sqft
15 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 63 per sqft
13 Sep 2021RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
16 Jan 2021RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
16 Jan 2020RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
16 Jan 2019RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
16 Jan 2018RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 15 September 2023.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
18th of 51
Parking
MM - 19
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.6M · June 2023

About 1806, Executive Tower M (West Heights 1)

1806 is a two-bedroom apartment of 1,425 sqft on the 18th 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 23 June 2023 for AED 1,600,000, or AED 1,122 per sqft, 5% above the AED 1,071 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 September 2023, is AED 94,170 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 1806 over time

Sales
Unit 1806, 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 2010: AED 1,320,000 (AED 926 per sqft)Sold, June 2023: AED 1,600,000 (AED 1,122 per sqft)

1806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1806, 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, January 2013: AED 95,000 a yearNew contract, January 2016: AED 130,000 a yearNew contract, January 2017: AED 130,000 a yearRenewal, January 2018: AED 125,000 a yearRenewal, January 2019: AED 110,000 a yearRenewal, January 2020: AED 90,000 a yearRenewal, January 2021: AED 80,000 a yearNew contract, September 2021: AED 75,000 a yearNew contract, September 2022: AED 90,000 a yearNew contract, September 2023: AED 94,170 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 1806 sits

All 228 2-beds →

1806 last sold in June 2023 at AED 1,122 per sqft, 5% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,071). 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. 1806's AED 94,170 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 →
Value
18012-bedAED 2.35M · Feb 2016
18022-bedAED 1.99M · Feb 2010
18032-bedAED 1.96M · May 2015
18042-bedAED 1M · Jul 2010
18052-bedAED 1.52M · May 2022
18072-bedAED 2.2M · Oct 2023
18082-bedAED 1.85M · Jan 2022

1806, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 25 February 2010 for AED 1,320,000, last on 23 June 2023 for AED 1,600,000 (AED 1,122 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2021 and recovered to AED 94,170 by September 2023.
  • At AED 94,170 a year the gross yield on the 2023 price is 5.9%, 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 15 September 2023.

Questions about 1806, Executive Tower M (West Heights 1)

What did unit 1806 last sell for?

AED 1,600,000 on 23 June 2023: AED 1,122 per sqft for 1,425 sqft. The unit has 2 registered sales; the first was AED 1,320,000 in February 2010.

What is the rent for unit 1806?

AED 94,170 a year on the contract signed on 15 September 2023. The previous contract, from September 2022, was AED 90,000; the unit has been rented since January 2013.

How big is unit 1806?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 18th floor of a 51-storey tower completed in 2009.

What is unit 1806 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 1806, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.6M, 23 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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