308, Executive Tower M (West Heights 1)
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Executive Tower M (West Heights 1)
What is 308 worth today?
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Source: Dubai Land Department. Updated 10 October 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,202 sqft
- Floor
- 3rd of 51
- Parking
- MB - 11 & 12
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 32,700 /yr
- Last sold
- AED 2.47M · October 2023
About 308, Executive Tower M (West Heights 1)
308 is a three-bedroom apartment of 2,202 sqft on the 3rd 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 10 October 2023 for AED 2,465,000, or AED 1,119 per sqft, in line with the AED 1,119 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 122,500 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 32,700 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Executive Tower M (West Heights 1), and where 308 sits
All 59 3-beds →308 last sold in October 2023 at AED 1,119 per sqft, in line with what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,119). Over the last 12 months three-beds sold for AED 2,800,000 to 4,100,000, around AED 1,479 per sqft, and rent for AED 155,861 to 250,000 a year. 308's AED 122,500 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Aug 202624 August 2026 | 2,197 sqft | 3,250,000 | 1,479 | ||
| 24 Jun 202624 June 2026 | 2,207 sqft | 3,200,000 | 1,449 | ||
| 21 May 202621 May 2026 | 2,207 sqft | 4,100,000 | 1,857 | ||
| 20 May 202620 May 2026 | 2,207 sqft | 3,900,000 | 1,767 |
Executive Tower M (West Heights 1)
Building331 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%
Other units on the 3rd floor
All 331 units in Executive Tower M (West Heights 1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 2,202 sqft | AED 1.65MAED 1,651,500 · Jul 2014July 2014 | 207,000 /yr | |
| 302 | 3-bed | 2,202 sqft | AED 3.1MAED 3,101,000 · Aug 2010August 2010 | 180,000 /yr | |
| 303 | 1-bed | 1,370 sqft | AED 1.4MAED 1,400,000 · Jul 2013July 2013 | 85,000 /yr | |
| 304 | 1-bed | 1,364 sqft | AED 1.27MAED 1,265,880 · Jan 2013January 2013 | 105,000 /yr | |
| 305 | 1-bed | 1,364 sqft | AED 1.08MAED 1,075,000 · Jun 2010June 2010 | 100,000 /yr | |
| 306 | 1-bed | 1,370 sqft | AED 1.6MAED 1,600,000 · Jun 2025June 2025 | 96,000 /yr | |
| 307 | 3-bed | 2,202 sqft | AED 1.9MAED 1,900,000 · Aug 2022August 2022 | 250,000 /yr |
308, Executive Tower M (West Heights 1) in numbers
- Sold twice: first on 22 June 2010 for AED 3,101,000, last on 10 October 2023 for AED 2,465,000 (AED 1,119 per sqft).
- Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 102,000 in 2021 and recovered to AED 122,500 by January 2022.
- At AED 122,500 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 32,700 a year (AED 14.84 per sqft).
- Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000–4,100,000 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 10 October 2023.
Questions about 308, Executive Tower M (West Heights 1)
What did unit 308 last sell for?
AED 2,465,000 on 10 October 2023: AED 1,119 per sqft for 2,202 sqft. The unit has 2 registered sales; the first was AED 3,101,000 in June 2010.
What is the rent for unit 308?
AED 122,500 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 102,000; the unit has been rented since July 2014.
How big is unit 308?
2,202 sqft (204.6 sqm): a three-bedroom apartment on the 3rd floor of a 51-storey tower completed in 2009.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000 to 4,100,000 in the last 12 months, around AED 1,479 per sqft.
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Mortgage on 308, Executive Tower M (West Heights 1)
Starts from the last sale price (AED 2.47M, 10 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,465,000
- Deposit, UAE resident (20%)
- AED 493,000
- Deposit, non-resident (40%)
- AED 986,000
- Monthly over 25 years at 3.7%
- AED 10,085
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →