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

2202, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in August 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2202 · DLD and Ejari recordsUpdated 4 August 2016
Last soldAED 2.12M4 August 2016
Current rentAED 167K /yr1 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2202, Executive Tower M (West Heights 1)

What is 2202 worth today?

Last sold for AED 2,120,000 in 2016

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4 Aug 2016SoldReady
AED 2,120,000AED 1,343 per sqft
1 Nov 2015RentedRenewal
AED 166,887/yr5 months · AED 105 per sqft
1 Nov 2014RentedNew contract
AED 140,000/yr12 months · AED 88 per sqft
1 Nov 2013RentedNew contract
AED 100,000/yr12 months · AED 63 per sqft
23 Sep 2010Sold by developerReady
AED 1,520,000AED 963 per sqft

Source: Dubai Land Department. Updated 4 August 2016.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
22nd of 51
Parking
MM - 49
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 2.12M · August 2016

About 2202, Executive Tower M (West Heights 1)

2202 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 4 August 2016 for AED 2,120,000, or AED 1,343 per sqft, in line with the AED 1,352 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 November 2015, is AED 166,887 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 23,400 a year.

Sales and rents for 2202 over time

Sales
Unit 2202, 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, September 2010: AED 1,520,000 (AED 963 per sqft)Sold, August 2016: AED 2,120,000 (AED 1,343 per sqft)

2202 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2202, 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, November 2013: AED 100,000 a yearNew contract, November 2014: AED 140,000 a yearRenewal, November 2015: AED 166,887 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 2202 sits

All 228 2-beds →

2202 last sold in August 2016 at AED 1,343 per sqft, in line with what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,352). 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. 2202's AED 166,887 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
22012-bedAED 1.3M · Sep 2019
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

2202, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 23 September 2010 for AED 1,520,000, last on 4 August 2016 for AED 2,120,000 (AED 1,343 per sqft).
  • Rented since November 2013 on 3 Ejari contracts, from AED 100,000 to AED 166,887 a year.
  • At AED 166,887 a year the gross yield on the 2016 price is 7.9%, 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 4 August 2016.

Questions about 2202, Executive Tower M (West Heights 1)

What did unit 2202 last sell for?

AED 2,120,000 on 4 August 2016: AED 1,343 per sqft for 1,578 sqft. The unit has 2 registered sales; the first was AED 1,520,000 in September 2010.

What is the rent for unit 2202?

AED 166,887 a year on the contract renewed on 1 November 2015. The previous contract, from November 2014, was AED 140,000; the unit has been rented since November 2013.

How big is unit 2202?

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 2202 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 2202, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.12M, 4 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,120,000
Deposit, UAE resident (20%)
AED 424,000
Deposit, non-resident (40%)
AED 848,000
Monthly over 25 years at 3.7%
AED 8,674

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