2-bed · 1,427 sqftExecutive Tower M (West Heights 1), Business Bay · 28th floor · completed 2009

2804, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in March 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2804 · DLD and Ejari recordsUpdated 12 March 2018
Last soldAED 925K12 March 2018
Current rentAED 130K /yr25 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2804, Executive Tower M (West Heights 1)

What is 2804 worth today?

Last sold for AED 925,000 in 2018

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12 Mar 2018SoldReady
AED 925,000AED 648 per sqft
25 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 91 per sqft
25 Jan 2016RentedNew contract
AED 140,000/yr12 months · AED 98 per sqft
1 Feb 2015RentedNew contract
AED 145,000/yr12 months · AED 101 per sqft
20 Aug 2013SoldReady
AED 899,010AED 630 per sqft
15 Feb 2011Sold by developerReady
AED 1,425,000AED 998 per sqft

Source: Dubai Land Department. Updated 12 March 2018.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
28th of 51
Parking
MM - 99
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 925K · March 2018

About 2804, Executive Tower M (West Heights 1)

2804 is a two-bedroom apartment of 1,427 sqft on the 28th 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 12 March 2018 for AED 925,000, or AED 648 per sqft, 52% below the AED 1,346 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 25 January 2017, is AED 130,000 a year: a gross yield of 14.1% on the 2018 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2804 over time

Sales
Unit 2804, 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, February 2011: AED 1,425,000 (AED 998 per sqft)Sold, August 2013: AED 899,010 (AED 630 per sqft)Sold, March 2018: AED 925,000 (AED 648 per sqft)

2804 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2804, 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, February 2015: AED 145,000 a yearNew contract, January 2016: AED 140,000 a yearNew contract, January 2017: AED 130,000 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 2804 sits

All 228 2-beds →

2804 last sold in March 2018 at AED 648 per sqft, 52% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,346). 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. 2804's AED 130,000 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
28012-bedAED 1.8M · Jan 2024
28022-bedAED 1.95M · Jan 2024
28032-bedAED 2.11M · May 2025
28052-bedAED 1.43M · Oct 2010
28062-bedAED 1.43M · Oct 2010
28072-bedAED 1.95M · Jun 2024
28082-bedAED 2.4M · Nov 2024

2804, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 15 February 2011 for AED 1,425,000, last on 12 March 2018 for AED 925,000 (AED 648 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 145,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 14.1%, 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 12 March 2018.

Questions about 2804, Executive Tower M (West Heights 1)

What did unit 2804 last sell for?

AED 925,000 on 12 March 2018: AED 648 per sqft for 1,427 sqft. The unit has 3 registered sales; the first was AED 1,425,000 in February 2011.

What is the rent for unit 2804?

AED 130,000 a year on the contract signed on 25 January 2017. The previous contract, from January 2016, was AED 140,000; the unit has been rented since February 2015.

How big is unit 2804?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 28th floor of a 51-storey tower completed in 2009.

What is unit 2804 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 2804, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 925K, 12 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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