2-bed · 1,425 sqftExecutive Tower M (West Heights 1), Business Bay · 20th floor · completed 2009

2004, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2004 · DLD and Ejari recordsUpdated 9 March 2023
Last soldAED 1.53M9 March 2023
Current rentAED 70K /yr13 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2004, Executive Tower M (West Heights 1)

What is 2004 worth today?

Last sold for AED 1,530,000 in 2023

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9 Mar 2023SoldReady
AED 1,530,000AED 1,073 per sqft
13 Sep 2021RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
13 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
5 Sep 2019RentedRenewal
AED 94,000/yr12 months · AED 66 per sqft
5 Sep 2018RentedRenewal
AED 112,000/yr12 months · AED 79 per sqft
5 Sep 2017RentedRenewal
AED 124,000/yr12 months · AED 87 per sqft
5 Sep 2016RentedRenewal
AED 135,000/yr12 months · AED 95 per sqft
5 Sep 2015RentedNew contract
AED 135,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 9 March 2023.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
20th of 51
Parking
MM - 35
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.53M · March 2023

About 2004, Executive Tower M (West Heights 1)

2004 is a two-bedroom apartment of 1,425 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 9 March 2023 for AED 1,530,000, or AED 1,073 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 2015 on 7 Ejari contracts. The current contract, renewed on 13 September 2021, is AED 70,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 21,100 a year.

Sales and rents for 2004 over time

Sales
Unit 2004, 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, October 2010: AED 1,490,000 (AED 1,045 per sqft)Sold, September 2012: AED 1,425,000 (AED 999 per sqft)Sold, March 2023: AED 1,530,000 (AED 1,073 per sqft)

2004 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2004, 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, September 2015: AED 135,000 a yearRenewal, September 2016: AED 135,000 a yearRenewal, September 2017: AED 124,000 a yearRenewal, September 2018: AED 112,000 a yearRenewal, September 2019: AED 94,000 a yearNew contract, September 2020: AED 70,000 a yearRenewal, September 2021: AED 70,000 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 2004 sits

All 228 2-beds →

2004 last sold in March 2023 at AED 1,073 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. 2004's AED 70,000 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
20012-bedAED 2.23M · Apr 2015
20022-bedAED 1.95M · Feb 2024
20032-bedAED 1.49M · Oct 2010
20052-bedAED 950K · May 2017
20062-bedAED 1.9M · Dec 2016
20072-bedAED 1.82M · Oct 2023
20082-bedAED 1.67M · Oct 2010

2004, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 11 October 2010 for AED 1,490,000, last on 9 March 2023 for AED 1,530,000 (AED 1,073 per sqft).
  • Rented since September 2015 on 7 Ejari contracts, from AED 135,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.6%, 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 9 March 2023.

Questions about 2004, Executive Tower M (West Heights 1)

What did unit 2004 last sell for?

AED 1,530,000 on 9 March 2023: AED 1,073 per sqft for 1,425 sqft. The unit has 3 registered sales; the first was AED 1,490,000 in October 2010.

What is the rent for unit 2004?

AED 70,000 a year on the contract renewed on 13 September 2021. The previous contract, from September 2020, was AED 70,000; the unit has been rented since September 2015.

How big is unit 2004?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 20th floor of a 51-storey tower completed in 2009.

What is unit 2004 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 2004, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.53M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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