2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 20th floor · completed 2009

2002, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 4 times, last in February 2024, and rented once, from October 2010. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2002 · DLD and Ejari recordsUpdated 5 February 2024
Last soldAED 1.95M5 February 2024
Current rentAED 20K /yr1 October 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Executive Tower M (West Heights 1)

What is 2002 worth today?

Last sold for AED 1,950,000 in 2024

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5 Feb 2024SoldReady
AED 1,950,000AED 1,235 per sqft
10 Oct 2023SoldReady
AED 1,450,000AED 918 per sqft
26 Apr 2015SoldReady
AED 2,200,000AED 1,394 per sqft
29 May 2013Sold by developerReady
AED 1,520,000AED 963 per sqft
1 Oct 2010RentedNew contract · flagged as an outlier
AED 19,973/yr24 months · AED 13 per sqft

Source: Dubai Land Department. Updated 5 February 2024.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
20th of 51
Parking
MM - 33
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.95M · February 2024

About 2002, Executive Tower M (West Heights 1)

2002 is a two-bedroom apartment of 1,578 sqft on the 20th 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 5 February 2024 for AED 1,950,000, or AED 1,235 per sqft, 9% above the AED 1,131 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2010. The current contract, signed on 1 October 2010, is AED 19,973 a year: a gross yield of 1.0% on the 2024 price, before the service charge of about AED 23,400 a year.

Sales and rents for 2002 over time

Sales
Unit 2002, 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, May 2013: AED 1,520,000 (AED 963 per sqft)Sold, April 2015: AED 2,200,000 (AED 1,394 per sqft)Sold, October 2023: AED 1,450,000 (AED 918 per sqft)Sold, February 2024: AED 1,950,000 (AED 1,235 per sqft)

2002 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2002, each contractTypical two-bed in Executive Tower M (West Heights 1)
75K100K125K2012201620202024Typical 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 132,500

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 2002 sits

All 228 2-beds →

2002 last sold in February 2024 at AED 1,235 per sqft, 9% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,131). 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. 2002's AED 19,973 is at the bottom 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
20012-bedAED 2.23M · Apr 2015
20032-bedAED 1.49M · Oct 2010
20042-bedAED 1.53M · Mar 2023
20052-bedAED 950K · May 2017
20062-bedAED 1.9M · Dec 2016
20072-bedAED 1.82M · Oct 2023
20082-bedAED 1.67M · Oct 2010

2002, Executive Tower M (West Heights 1) in numbers

  • Sold 4 times: first on 29 May 2013 for AED 1,520,000, last on 5 February 2024 for AED 1,950,000 (AED 1,235 per sqft).
  • Rented since October 2010 on one Ejari contract, at AED 19,973 a year.
  • At AED 19,973 a year the gross yield on the 2024 price is 1.0%, before a service charge of about AED 23,400 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 5 February 2024.

Questions about 2002, Executive Tower M (West Heights 1)

What did unit 2002 last sell for?

AED 1,950,000 on 5 February 2024: AED 1,235 per sqft for 1,578 sqft. The unit has 4 registered sales; the first was AED 1,520,000 in May 2013.

What is the rent for unit 2002?

AED 19,973 a year on the contract signed on 1 October 2010.

How big is unit 2002?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 20th floor of a 51-storey tower completed in 2009.

What is unit 2002 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 2002, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.95M, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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