2-bed · 1,425 sqftExecutive Tower M (West Heights 1), Business Bay · 21st floor · completed 2009

2103, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 4 times, last in October 2018, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2103 · DLD and Ejari recordsUpdated 20 March 2019
Last soldAED 1.48M14 October 2018
Current rentAED 100K /yr20 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2103, Executive Tower M (West Heights 1)

What is 2103 worth today?

Last sold for AED 1,480,000 in 2018

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20 Mar 2019RentedNew contract
AED 99,732/yr12 months · AED 70 per sqft
14 Oct 2018SoldReady
AED 1,480,000AED 1,038 per sqft
30 May 2012SoldReady
AED 1,211,250AED 849 per sqft
10 Apr 2012SoldReady
AED 1,033,125AED 724 per sqft
16 Feb 2012Sold by developerReady
AED 1,490,000AED 1,045 per sqft

Source: Dubai Land Department. Updated 20 March 2019.

Key facts

Type
2-bed apartment
Size
1,425 sqft
Floor
21st of 51
Parking
MG - 111
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,100 /yr
Last sold
AED 1.48M · October 2018

About 2103, Executive Tower M (West Heights 1)

2103 is a two-bedroom apartment of 1,425 sqft on the 21st 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 14 October 2018 for AED 1,480,000, or AED 1,038 per sqft, 7% below the AED 1,122 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 March 2019. The current contract, signed on 20 March 2019, is AED 99,732 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 21,100 a year.

Sales and rents for 2103 over time

Sales
Unit 2103, 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 2012: AED 1,490,000 (AED 1,045 per sqft)Sold, April 2012: AED 1,033,125 (AED 724 per sqft)Sold, May 2012: AED 1,211,250 (AED 849 per sqft)Sold, October 2018: AED 1,480,000 (AED 1,038 per sqft)

2103 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2103, 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 132,500New contract, March 2019: AED 99,732 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 2103 sits

All 228 2-beds →

2103 last sold in October 2018 at AED 1,038 per sqft, 7% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,122). 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. 2103's AED 99,732 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
21012-bedAED 800K · Jan 2022
21022-bedAED 2.2M · Jul 2013
21042-bedAED 1.49M · Feb 2016
21052-bedAED 1.85M · Jan 2018
21062-bedAED 2.15M · Jul 2026
21072-bedAED 1.1M · Oct 2012
21082-bedAED 1.5M · Sep 2022

2103, Executive Tower M (West Heights 1) in numbers

  • Sold 4 times: first on 16 February 2012 for AED 1,490,000, last on 14 October 2018 for AED 1,480,000 (AED 1,038 per sqft).
  • Rented since March 2019 on one Ejari contract, at AED 99,732 a year.
  • At AED 99,732 a year the gross yield on the 2018 price is 6.7%, 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 20 March 2019.

Questions about 2103, Executive Tower M (West Heights 1)

What did unit 2103 last sell for?

AED 1,480,000 on 14 October 2018: AED 1,038 per sqft for 1,425 sqft. The unit has 4 registered sales; the first was AED 1,490,000 in February 2012.

What is the rent for unit 2103?

AED 99,732 a year on the contract signed on 20 March 2019.

How big is unit 2103?

1,425 sqft (132.4 sqm): a two-bedroom apartment on the 21st floor of a 51-storey tower completed in 2009.

What is unit 2103 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 2103, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.48M, 14 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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