2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 32nd floor · completed 2009

3207, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in January 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3207 · DLD and Ejari recordsUpdated 17 January 2023
Last soldAED 2.28M16 January 2017
Current rentAED 75K /yr17 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3207, Executive Tower M (West Heights 1)

What is 3207 worth today?

Last sold for AED 2,275,000 in 2017

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17 Jan 2023RentedRenewal
AED 75,000/yr60 months · AED 47 per sqft
17 Jan 2020RentedRenewal
AED 75,000/yr36 months · AED 47 per sqft
17 Jan 2019RentedRenewal
AED 85,000/yr12 months · AED 54 per sqft
17 Jan 2018RentedRenewal
AED 90,000/yr12 months · AED 57 per sqft
17 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
16 Jan 2017SoldReady
AED 2,275,000AED 1,441 per sqft
1 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
2 Nov 2011SoldReady
AED 1,300,000AED 823 per sqft

Source: Dubai Land Department. Updated 17 January 2023.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
32nd of 51
Parking
MM - 134
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 2.28M · January 2017

About 3207, Executive Tower M (West Heights 1)

3207 is a two-bedroom apartment of 1,578 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 16 January 2017 for AED 2,275,000, or AED 1,441 per sqft, 8% above the AED 1,338 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 17 January 2023, is AED 75,000 a year: a gross yield of 3.3% on the 2017 price, before the service charge of about AED 23,400 a year.

Sales and rents for 3207 over time

Sales
Unit 3207, each saleTypical two-bed in Executive Tower M (West Heights 1)
2M2010201520202025Typical 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 2011: AED 2,450,000 (AED 1,552 per sqft)Sold, November 2011: AED 1,300,000 (AED 823 per sqft)Sold, January 2017: AED 2,275,000 (AED 1,441 per sqft)

3207 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3207, 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, October 2016: AED 150,000 a yearNew contract, January 2017: AED 110,000 a yearRenewal, January 2018: AED 90,000 a yearRenewal, January 2019: AED 85,000 a yearRenewal, January 2020: AED 75,000 a yearRenewal, January 2023: AED 75,000 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 3207 sits

All 228 2-beds →

3207 last sold in January 2017 at AED 1,441 per sqft, 8% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,338). 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. 3207's AED 75,000 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
32062-bedAED 1.7M · Feb 2024
32082-bedAED 2.5M · Jan 2026

3207, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 30 March 2011 for AED 2,450,000, last on 16 January 2017 for AED 2,275,000 (AED 1,441 per sqft).
  • Rented since October 2016 on 6 Ejari contracts, from AED 150,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 3.3%, 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 17 January 2023.

Questions about 3207, Executive Tower M (West Heights 1)

What did unit 3207 last sell for?

AED 2,275,000 on 16 January 2017: AED 1,441 per sqft for 1,578 sqft. The unit has 3 registered sales; the first was AED 2,450,000 in March 2011.

What is the rent for unit 3207?

AED 75,000 a year on the contract renewed on 17 January 2023. The previous contract, from January 2020, was AED 75,000; the unit has been rented since October 2016.

How big is unit 3207?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 32nd floor of a 51-storey tower completed in 2009.

What is unit 3207 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 3207, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.28M, 16 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

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