2-bed · 1,427 sqftExecutive Tower M (West Heights 1), Business Bay · 32nd floor · completed 2009

3206, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3206 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 1.7M8 February 2024
Current rentAED 95K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3206, Executive Tower M (West Heights 1)

What is 3206 worth today?

Last sold for AED 1,700,000 in 2024

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8 Feb 2024SoldReady
AED 1,700,000AED 1,191 per sqft
20 Oct 2023RentedRenewal
AED 94,561/yr12 months · AED 67 per sqft
20 Oct 2022RentedRenewal
AED 90,300/yr12 months · AED 64 per sqft
20 Oct 2021RentedRenewal
AED 86,000/yr12 months · AED 60 per sqft
20 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
20 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
18 Mar 2017RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
1 Feb 2016RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 8 February 2024.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
32nd of 51
Parking
MM - 133
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.7M · February 2024

About 3206, Executive Tower M (West Heights 1)

3206 is a two-bedroom apartment of 1,427 sqft on the 32nd 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 8 February 2024 for AED 1,700,000, or AED 1,191 per sqft, 4% above the AED 1,142 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 20 October 2023, is AED 94,561 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3206 over time

Sales
Unit 3206, 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, October 2010: AED 1,595,000 (AED 1,117 per sqft)Sold, February 2024: AED 1,700,000 (AED 1,191 per sqft)

3206 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3206, 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, January 2014: AED 135,000 a yearRenewal, January 2015: AED 135,000 a yearNew contract, February 2016: AED 135,000 a yearNew contract, March 2017: AED 125,000 a yearNew contract, October 2019: AED 100,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, October 2021: AED 86,000 a yearRenewal, October 2022: AED 90,300 a yearRenewal, October 2023: AED 94,561 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 3206 sits

All 228 2-beds →

3206 last sold in February 2024 at AED 1,191 per sqft, 4% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,142). 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. 3206's AED 94,561 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
32012-bedAED 2.35M · Oct 2016
32022-bedAED 1.71M · Jun 2010
32032-bedAED 1.29M · Feb 2021
32042-bedAED 1.78M · Dec 2024
32052-bedAED 1.65M · Jun 2023
32072-bedAED 2.28M · Jan 2017
32082-bedAED 2.5M · Jan 2026

3206, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 10 October 2010 for AED 1,595,000, last on 8 February 2024 for AED 1,700,000 (AED 1,191 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 94,561 by October 2023.
  • At AED 94,561 a year the gross yield on the 2024 price is 5.6%, 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 8 February 2024.

Questions about 3206, Executive Tower M (West Heights 1)

What did unit 3206 last sell for?

AED 1,700,000 on 8 February 2024: AED 1,191 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 1,595,000 in October 2010.

What is the rent for unit 3206?

AED 94,561 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 90,300; the unit has been rented since January 2014.

How big is unit 3206?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 32nd floor of a 51-storey tower completed in 2009.

What is unit 3206 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 3206, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.7M, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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