2-bed · 1,427 sqftExecutive Tower M (West Heights 1), Business Bay · 27th floor · completed 2009

2705, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2705 · DLD and Ejari recordsUpdated 23 June 2023
Last soldAED 1.38M23 May 2021
Current rentAED 93K /yr23 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2705, Executive Tower M (West Heights 1)

What is 2705 worth today?

Last sold for AED 1,380,000 in 2021

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23 Jun 2023RentedRenewal
AED 92,864/yr5 months · AED 65 per sqft
23 Jun 2022RentedRenewal
AED 88,000/yr12 months · AED 61 per sqft
23 Jun 2021RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
23 May 2021SoldReady
AED 1,380,000AED 967 per sqft
28 Aug 2017SoldReady
AED 1,911,000AED 1,339 per sqft
2 Nov 2014SoldReady
AED 2,250,000AED 1,576 per sqft
7 Sep 2013RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
9 Feb 2010Sold by developerReady
AED 1,425,000AED 998 per sqft

Source: Dubai Land Department. Updated 23 June 2023.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
27th of 51
Parking
MM - 92
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.38M · May 2021

About 2705, Executive Tower M (West Heights 1)

2705 is a two-bedroom apartment of 1,427 sqft on the 27th 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 23 May 2021 for AED 1,380,000, or AED 967 per sqft, 14% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 23 June 2023, is AED 92,864 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2705 over time

Sales
Unit 2705, 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, February 2010: AED 1,425,000 (AED 998 per sqft)Sold, November 2014: AED 2,250,000 (AED 1,576 per sqft)Sold, August 2017: AED 1,911,000 (AED 1,339 per sqft)Sold, May 2021: AED 1,380,000 (AED 967 per sqft)

2705 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2705, 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, September 2013: AED 110,000 a yearNew contract, June 2021: AED 80,000 a yearRenewal, June 2022: AED 88,000 a yearRenewal, June 2023: AED 92,864 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 2705 sits

All 228 2-beds →

2705 last sold in May 2021 at AED 967 per sqft, 14% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 851). 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. 2705's AED 92,864 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
27012-bedAED 2.3M · Apr 2015
27022-bedAED 1.52M · Oct 2010
27032-bedAED 2.1M · Apr 2025
27042-bedAED 1.36M · Jan 2020
27062-bedAED 1.14M · Apr 2012
27072-bedAED 1.33M · Oct 2020
27082-bedAED 1.2M · Feb 2011

2705, Executive Tower M (West Heights 1) in numbers

  • Sold 4 times: first on 9 February 2010 for AED 1,425,000, last on 23 May 2021 for AED 1,380,000 (AED 967 per sqft).
  • Rented since September 2013 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2021 and recovered to AED 92,864 by June 2023.
  • At AED 92,864 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 21,200 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 23 June 2023.

Questions about 2705, Executive Tower M (West Heights 1)

What did unit 2705 last sell for?

AED 1,380,000 on 23 May 2021: AED 967 per sqft for 1,427 sqft. The unit has 4 registered sales; the first was AED 1,425,000 in February 2010.

What is the rent for unit 2705?

AED 92,864 a year on the contract renewed on 23 June 2023. The previous contract, from June 2022, was AED 88,000; the unit has been rented since September 2013.

How big is unit 2705?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 27th floor of a 51-storey tower completed in 2009.

What is unit 2705 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 2705, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.38M, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,380,000
Deposit, UAE resident (20%)
AED 276,000
Deposit, non-resident (40%)
AED 552,000
Monthly over 25 years at 3.7%
AED 5,646

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