2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 22nd floor · completed 2009

2201, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2201 · DLD and Ejari recordsUpdated 17 October 2019
Last soldAED 1.3M12 September 2019
Current rentAED 120K /yr17 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2201, Executive Tower M (West Heights 1)

What is 2201 worth today?

Last sold for AED 1,300,000 in 2019

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17 Oct 2019RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
12 Sep 2019SoldReady
AED 1,300,000AED 823 per sqft
17 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
1 Aug 2018RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft
31 Mar 2017RentedNew contract
AED 145,000/yr12 months · AED 92 per sqft
1 Mar 2016RentedNew contract
AED 170,000/yr12 months · AED 107 per sqft
26 Jul 2010Sold by developerReady
AED 760,000AED 481 per sqft

Source: Dubai Land Department. Updated 17 October 2019.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
22nd of 51
Parking
MM - 48
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.3M · September 2019

About 2201, Executive Tower M (West Heights 1)

2201 is a two-bedroom apartment of 1,578 sqft on the 22nd 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 12 September 2019 for AED 1,300,000, or AED 823 per sqft, 21% below the AED 1,038 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 17 October 2019, is AED 120,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 23,400 a year.

Sales and rents for 2201 over time

Sales
Unit 2201, 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, July 2010: AED 760,000 (AED 481 per sqft)Sold, September 2019: AED 1,300,000 (AED 823 per sqft)

2201 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2201, 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, March 2016: AED 170,000 a yearNew contract, March 2017: AED 145,000 a yearNew contract, August 2018: AED 120,000 a yearNew contract, October 2018: AED 120,000 a yearRenewal, October 2019: AED 120,000 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 2201 sits

All 228 2-beds →

2201 last sold in September 2019 at AED 823 per sqft, 21% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,038). 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. 2201's AED 120,000 is in the upper 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
22022-bedAED 2.12M · Aug 2016
22032-bedAED 1.49M · Oct 2010
22042-bedAED 1.49M · Oct 2010
22052-bedAED 1.42M · Feb 2010
22062-bedAED 2.23M · Jan 2026
22072-bedAED 1.67M · Oct 2010
22082-bedAED 1.89M · May 2024

2201, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 26 July 2010 for AED 760,000, last on 12 September 2019 for AED 1,300,000 (AED 823 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 170,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 9.2%, 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 17 October 2019.

Questions about 2201, Executive Tower M (West Heights 1)

What did unit 2201 last sell for?

AED 1,300,000 on 12 September 2019: AED 823 per sqft for 1,578 sqft. The unit has 2 registered sales; the first was AED 760,000 in July 2010.

What is the rent for unit 2201?

AED 120,000 a year on the contract renewed on 17 October 2019. The previous contract, from October 2018, was AED 120,000; the unit has been rented since March 2016.

How big is unit 2201?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 22nd floor of a 51-storey tower completed in 2009.

What is unit 2201 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 2201, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.3M, 12 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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