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

2706, Executive Tower M (West Heights 1)

Sold prices and rental history: sold once, by the developer in April 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2706 · DLD and Ejari recordsUpdated 14 September 2024
Last soldAED 1.14M18 April 2012
Current rentAED 144K /yr14 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2706, Executive Tower M (West Heights 1)

What is 2706 worth today?

Last sold for AED 1,141,600 in 2012

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14 Sep 2024RentedRenewal
AED 144,077/yr60 months · AED 101 per sqft
14 Sep 2019RentedRenewal
AED 36,000/yr60 months · AED 25 per sqft
14 Sep 2016RentedRenewal
AED 60,000/yr36 months · AED 42 per sqft
14 Sep 2014RentedNew contract
AED 60,000/yr24 months · AED 42 per sqft
18 Apr 2012Sold by developerReady
AED 1,141,600AED 800 per sqft

Source: Dubai Land Department. Updated 14 September 2024.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
27th of 51
Parking
MM - 93
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.14M · April 2012

About 2706, Executive Tower M (West Heights 1)

2706 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. The developer sold it on 18 April 2012 for AED 1,141,600, or AED 800 per sqft, 11% below the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 14 September 2024, is AED 144,077 a year: a gross yield of 12.6% on the 2012 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2706 over time

Sales
Unit 2706, 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, April 2012: AED 1,141,600 (AED 800 per sqft)

2706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2706, each contractTypical two-bed in Executive Tower M (West Heights 1)
50K100K150K2012201620202024Typical 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 2014: AED 60,000 a yearRenewal, September 2016: AED 60,000 a yearRenewal, September 2019: AED 36,000 a yearRenewal, September 2024: AED 144,077 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 2706 sits

All 228 2-beds →

2706 last sold in April 2012 at AED 800 per sqft, 11% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 899). 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. 2706's AED 144,077 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
27012-bedAED 2.3M · Apr 2015
27022-bedAED 1.52M · Oct 2010
27032-bedAED 2.1M · Apr 2025
27042-bedAED 1.36M · Jan 2020
27052-bedAED 1.38M · May 2021
27072-bedAED 1.33M · Oct 2020
27082-bedAED 1.2M · Feb 2011

2706, Executive Tower M (West Heights 1) in numbers

  • Sold once: by Dubai Properties on 18 April 2012 for AED 1,141,600, or AED 800 per sqft.
  • Rented since September 2014 on 4 Ejari contracts. The rent fell from AED 60,000 to AED 36,000 in 2019 and recovered to AED 144,077 by September 2024.
  • At AED 144,077 a year the gross yield on the 2012 price is 12.6%, 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 14 September 2024.

Questions about 2706, Executive Tower M (West Heights 1)

What did unit 2706 last sell for?

AED 1,141,600 on 18 April 2012, sold by the developer: AED 800 per sqft for 1,427 sqft. It is the only registered sale of the unit.

What is the rent for unit 2706?

AED 144,077 a year on the contract renewed on 14 September 2024. The previous contract, from September 2019, was AED 36,000; the unit has been rented since September 2014.

How big is unit 2706?

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 2706 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 2706, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.14M, 18 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,141,600
Deposit, UAE resident (20%)
AED 228,320
Deposit, non-resident (40%)
AED 456,640
Monthly over 25 years at 3.7%
AED 4,671

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