2-bed · 2,263 sqftExecutive Tower M (West Heights 1), Business Bay · 18th floor · completed 2009

1808, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in January 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1808 · DLD and Ejari recordsUpdated 27 January 2022
Last soldAED 1.85M27 January 2022
Current rentAED 90K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1808, Executive Tower M (West Heights 1)

What is 1808 worth today?

Last sold for AED 1,850,000 in 2022

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27 Jan 2022SoldReady
AED 1,850,000AED 817 per sqft
1 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 40 per sqft
15 Jun 2019RentedNew contract
AED 120,000/yr12 months · AED 53 per sqft
7 May 2018RentedRenewal
AED 137,000/yr12 months · AED 61 per sqft
7 May 2017RentedRenewal
AED 142,000/yr12 months · AED 63 per sqft
7 May 2016RentedNew contract
AED 142,000/yr12 months · AED 63 per sqft
26 Apr 2010Sold by developerReady
AED 1,990,000AED 879 per sqft

Source: Dubai Land Department. Updated 27 January 2022.

Key facts

Type
2-bed apartment
Size
2,263 sqft
Floor
18th of 51
Parking
MM - 22 & 23
Developer
Dubai Properties
Completed
2009
Service charge
AED 33,600 /yr
Last sold
AED 1.85M · January 2022

About 1808, Executive Tower M (West Heights 1)

1808 is a two-bedroom apartment of 2,263 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 27 January 2022 for AED 1,850,000, or AED 817 per sqft, 14% below the AED 945 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 October 2020, is AED 90,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 33,600 a year.

Sales and rents for 1808 over time

Sales
Unit 1808, 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, April 2010: AED 1,990,000 (AED 879 per sqft)Sold, January 2022: AED 1,850,000 (AED 817 per sqft)

1808 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1808, 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, May 2016: AED 142,000 a yearRenewal, May 2017: AED 142,000 a yearRenewal, May 2018: AED 137,000 a yearNew contract, June 2019: AED 120,000 a yearNew contract, October 2020: AED 90,000 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 1808 sits

All 228 2-beds →

1808 last sold in January 2022 at AED 817 per sqft, 14% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 945). 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. 1808's AED 90,000 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 →
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
18062-bedAED 1.6M · Jun 2023
18072-bedAED 2.2M · Oct 2023

1808, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 26 April 2010 for AED 1,990,000, last on 27 January 2022 for AED 1,850,000 (AED 817 per sqft).
  • Rented since May 2016 on 5 Ejari contracts, from AED 142,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 33,600 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 27 January 2022.

Questions about 1808, Executive Tower M (West Heights 1)

What did unit 1808 last sell for?

AED 1,850,000 on 27 January 2022: AED 817 per sqft for 2,263 sqft. The unit has 2 registered sales; the first was AED 1,990,000 in April 2010.

What is the rent for unit 1808?

AED 90,000 a year on the contract signed on 1 October 2020. The previous contract, from June 2019, was AED 120,000; the unit has been rented since May 2016.

How big is unit 1808?

2,263 sqft (210.2 sqm): a two-bedroom apartment on the 18th floor of a 51-storey tower completed in 2009.

What is unit 1808 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 1808, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.85M, 27 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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