2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 23rd floor · completed 2009

2302, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.65M1 September 2022
Current rentAED 85K /yr15 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Executive Tower M (West Heights 1)

What is 2302 worth today?

Last sold for AED 1,650,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2022SoldReady
AED 1,650,000AED 1,045 per sqft
15 Sep 2018RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft
15 Sep 2017RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft
15 Sep 2016RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
30 Sep 2015RentedNew contract
AED 126,121/yr6 months · AED 80 per sqft
14 Sep 2015SoldReady
AED 2,400,000AED 1,520 per sqft
17 Mar 2015RentedNew contract
AED 109,772/yr6 months · AED 69 per sqft
17 Mar 2014RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
23rd of 51
Parking
MM - 57
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.65M · September 2022

About 2302, Executive Tower M (West Heights 1)

2302 is a two-bedroom apartment of 1,578 sqft on the 23rd 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 1 September 2022 for AED 1,650,000, or AED 1,045 per sqft, 4% above the AED 1,009 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 15 September 2018, is AED 85,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 23,400 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical two-bed in Executive Tower M (West Heights 1)
1.5M2M2.5M2010201520202025Typical 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, December 2011: AED 1,520,000 (AED 963 per sqft)Sold, September 2015: AED 2,400,000 (AED 1,520 per sqft)Sold, September 2022: AED 1,650,000 (AED 1,045 per sqft)

2302 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2302, 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 2014: AED 110,000 a yearNew contract, March 2015: AED 109,772 a yearNew contract, September 2015: AED 126,121 a yearNew contract, September 2016: AED 85,000 a yearRenewal, September 2017: AED 85,000 a yearRenewal, September 2018: AED 85,000 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 2302 sits

All 228 2-beds →

2302 last sold in September 2022 at AED 1,045 per sqft, 4% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,009). 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. 2302's AED 85,000 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
23012-bedAED 2.65M · May 2025
23032-bedAED 2.11M · Sep 2026
23042-bedAED 1.9M · Jun 2016
23052-bedAED 1.49M · Oct 2010
23062-bedAED 1.49M · Sep 2010
23072-bedAED 2.48M · Sep 2026
23082-bedAED 1.67M · Nov 2015

2302, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 28 December 2011 for AED 1,520,000, last on 1 September 2022 for AED 1,650,000 (AED 1,045 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 110,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 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 1 September 2022.

Questions about 2302, Executive Tower M (West Heights 1)

What did unit 2302 last sell for?

AED 1,650,000 on 1 September 2022: AED 1,045 per sqft for 1,578 sqft. The unit has 3 registered sales; the first was AED 1,520,000 in December 2011.

What is the rent for unit 2302?

AED 85,000 a year on the contract renewed on 15 September 2018. The previous contract, from September 2017, was AED 85,000; the unit has been rented since March 2014.

How big is unit 2302?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 23rd floor of a 51-storey tower completed in 2009.

What is unit 2302 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.

Selling 2302? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2302, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.65M, 1 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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