2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 29th floor · completed 2009

2901, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2901 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 1.74M24 April 2023
Current rentAED 114K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2901, Executive Tower M (West Heights 1)

What is 2901 worth today?

Last sold for AED 1,740,000 in 2023

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24 Apr 2023SoldReady
AED 1,740,000AED 1,102 per sqft
1 Nov 2022RentedRenewal
AED 114,000/yr5 months · AED 72 per sqft
1 Nov 2021RentedRenewal
AED 89,000/yr12 months · AED 56 per sqft
1 Nov 2020RentedRenewal
AED 83,500/yr12 months · AED 53 per sqft
1 Nov 2019RentedNew contract
AED 92,500/yr12 months · AED 58 per sqft
16 May 2019RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
16 May 2018RentedRenewal
AED 120,000/yr12 months · AED 76 per sqft
16 May 2017RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft

Source: Dubai Land Department. Updated 24 April 2023.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
29th of 51
Parking
MM - 104
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.74M · April 2023

About 2901, Executive Tower M (West Heights 1)

2901 is a two-bedroom apartment of 1,578 sqft on the 29th 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 24 April 2023 for AED 1,740,000, or AED 1,102 per sqft, 4% above the AED 1,062 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 114,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for 2901 over time

Sales
Unit 2901, 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, March 2012: AED 797,500 (AED 505 per sqft)Sold, April 2023: AED 1,740,000 (AED 1,102 per sqft)

2901 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2901, 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, May 2014: AED 143,500 a yearNew contract, May 2016: AED 135,000 a yearNew contract, May 2017: AED 135,000 a yearRenewal, May 2018: AED 120,000 a yearNew contract, May 2019: AED 105,000 a yearNew contract, November 2019: AED 92,500 a yearRenewal, November 2020: AED 83,500 a yearRenewal, November 2021: AED 89,000 a yearRenewal, November 2022: AED 114,000 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 2901 sits

All 228 2-beds →

2901 last sold in April 2023 at AED 1,102 per sqft, 4% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,062). 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. 2901's AED 114,000 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
29022-bedAED 2.45M · Nov 2025
29032-bedAED 1.43M · Nov 2012
29042-bedAED 2M · Mar 2026
29052-bedAED 2M · Jul 2016
29062-bedAED 1.8M · Jul 2023
29072-bedAED 2.05M · Feb 2017
29082-bedAED 2.1M · Dec 2016

2901, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 27 March 2012 for AED 797,500, last on 24 April 2023 for AED 1,740,000 (AED 1,102 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 143,500 to AED 83,500 in 2020 and recovered to AED 114,000 by November 2022.
  • At AED 114,000 a year the gross yield on the 2023 price is 6.6%, 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 24 April 2023.

Questions about 2901, Executive Tower M (West Heights 1)

What did unit 2901 last sell for?

AED 1,740,000 on 24 April 2023: AED 1,102 per sqft for 1,578 sqft. The unit has 2 registered sales; the first was AED 797,500 in March 2012.

What is the rent for unit 2901?

AED 114,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 89,000; the unit has been rented since May 2014.

How big is unit 2901?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 29th floor of a 51-storey tower completed in 2009.

What is unit 2901 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 2901, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.74M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,740,000
Deposit, UAE resident (20%)
AED 348,000
Deposit, non-resident (40%)
AED 696,000
Monthly over 25 years at 3.7%
AED 7,119

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