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

2007, Executive Tower M (West Heights 1)

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

Unit 2007 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 1.82M31 October 2023
Current rentAED 94K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2007, Executive Tower M (West Heights 1)

What is 2007 worth today?

Last sold for AED 1,820,000 in 2023

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31 Oct 2023SoldReady
AED 1,820,000AED 1,153 per sqft
20 Aug 2022RentedRenewal
AED 93,500/yr12 months · AED 59 per sqft
20 Aug 2021RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
15 Aug 2020RentedNew contract
AED 78,000/yr12 months · AED 49 per sqft
1 Feb 2019RentedRenewal
AED 95,000/yr12 months · AED 60 per sqft
1 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
10 Jul 2015RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
16 Jun 2014RentedRenewal
AED 115,500/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
20th of 51
Parking
MM - 38
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.82M · October 2023

About 2007, Executive Tower M (West Heights 1)

2007 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 31 October 2023 for AED 1,820,000, or AED 1,153 per sqft, 5% above the AED 1,103 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 93,500 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for 2007 over time

Sales
Unit 2007, each saleTypical two-bed in Executive Tower M (West Heights 1)
1M2M2010201520202025Typical 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 2013: AED 835,000 (AED 529 per sqft)Sold, October 2023: AED 1,820,000 (AED 1,153 per sqft)

2007 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2007, 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, June 2013: AED 110,000 a yearRenewal, June 2014: AED 115,500 a yearNew contract, July 2015: AED 130,000 a yearNew contract, February 2018: AED 110,000 a yearRenewal, February 2019: AED 95,000 a yearNew contract, August 2020: AED 78,000 a yearNew contract, August 2021: AED 85,000 a yearRenewal, August 2022: AED 93,500 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 2007 sits

All 228 2-beds →

2007 last sold in October 2023 at AED 1,153 per sqft, 5% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,103). 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. 2007's AED 93,500 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
20042-bedAED 1.53M · Mar 2023
20052-bedAED 950K · May 2017
20062-bedAED 1.9M · Dec 2016
20082-bedAED 1.67M · Oct 2010

2007, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 11 February 2013 for AED 835,000, last on 31 October 2023 for AED 1,820,000 (AED 1,153 per sqft).
  • Rented since June 2013 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 78,000 in 2020 and recovered to AED 93,500 by August 2022.
  • At AED 93,500 a year the gross yield on the 2023 price is 5.1%, 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 31 October 2023.

Questions about 2007, Executive Tower M (West Heights 1)

What did unit 2007 last sell for?

AED 1,820,000 on 31 October 2023: AED 1,153 per sqft for 1,578 sqft. The unit has 2 registered sales; the first was AED 835,000 in February 2013.

What is the rent for unit 2007?

AED 93,500 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 85,000; the unit has been rented since June 2013.

How big is unit 2007?

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 2007 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 2007, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.82M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

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