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2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 24th floor · completed 2009

2401, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in November 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 29 November 2012
Last soldAED 1.94M29 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2401, Executive Tower M (West Heights 1)

What is 2401 worth today?

Last sold for AED 1,940,000 in 2012

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29 Nov 2012SoldReady
AED 1,940,000AED 1,229 per sqft
8 Aug 2012SoldReady
AED 1,525,000AED 966 per sqft
30 May 2010Sold by developerReady
AED 1,520,000AED 963 per sqft

Source: Dubai Land Department. Updated 29 November 2012.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
24th of 51
Parking
MM - 64
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.94M · November 2012
Building
Executive Tower M (West Heights 1)

About 2401, Executive Tower M (West Heights 1)

2401 is a two-bedroom apartment of 1,578 sqft on the 24th 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 29 November 2012 for AED 1,940,000, or AED 1,229 per sqft, 34% above the AED 916 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, May 2010: AED 1,520,000 (AED 963 per sqft)Sold, August 2012: AED 1,525,000 (AED 966 per sqft)Sold, November 2012: AED 1,940,000 (AED 1,229 per sqft)

2401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2401, 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 132,500

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 2401 sits

All 228 2-beds →

2401 last sold in November 2012 at AED 1,229 per sqft, 34% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 916). 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.

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 →

Other units on the 24th floor

All 331 units in Executive Tower M (West Heights 1)
Value
24022-bedAED 2.37M · Aug 2015
24032-bedAED 1.1M · Feb 2012
24042-bedAED 1.2M · Mar 2022
24052-bedAED 1.6M · Feb 2013
24062-bedAED 1.98M · Jun 2010
24072-bedAED 1.98M · Mar 2025
24082-bedAED 2.15M · Feb 2025

2401, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 30 May 2010 for AED 1,520,000, last on 29 November 2012 for AED 1,940,000 (AED 1,229 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 29 November 2012.

Questions about 2401, Executive Tower M (West Heights 1)

What did unit 2401 last sell for?

AED 1,940,000 on 29 November 2012: AED 1,229 per sqft for 1,578 sqft. The unit has 3 registered sales; the first was AED 1,520,000 in May 2010.

How big is unit 2401?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 24th floor of a 51-storey tower completed in 2009.

What is unit 2401 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 2401, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.94M, 29 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,940,000
Deposit, UAE resident (20%)
AED 388,000
Deposit, non-resident (40%)
AED 776,000
Monthly over 25 years at 3.7%
AED 7,937

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