2-bed · 1,427 sqftExecutive Tower M (West Heights 1), Business Bay · 33rd floor · completed 2009

3305, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3305 · DLD and Ejari recordsUpdated 12 September 2019
Last soldAED 1.46M12 September 2019
Current rentAED 92K /yr15 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3305, Executive Tower M (West Heights 1)

What is 3305 worth today?

Last sold for AED 1,460,000 in 2019

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12 Sep 2019SoldReady
AED 1,460,000AED 1,023 per sqft
15 Mar 2019RentedNew contract
AED 92,000/yr12 months · AED 64 per sqft
15 Nov 2017RentedRenewal
AED 134,626/yr12 months · AED 94 per sqft
15 Nov 2016RentedNew contract
AED 135,000/yr12 months · AED 94 per sqft
15 Nov 2015RentedRenewal
AED 145,000/yr12 months · AED 101 per sqft
15 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 101 per sqft
9 Mar 2014RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
10 Oct 2010Sold by developerReady
AED 1,595,000AED 1,117 per sqft

Source: Dubai Land Department. Updated 12 September 2019.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
33rd of 51
Parking
MM - 140
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.46M · September 2019

About 3305, Executive Tower M (West Heights 1)

3305 is a two-bedroom apartment of 1,427 sqft on the 33rd 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 September 2019 for AED 1,460,000, or AED 1,023 per sqft, in line with the AED 1,038 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 March 2019, is AED 92,000 a year: a gross yield of 6.3% on the 2019 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3305 over time

Sales
Unit 3305, 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, September 2019: AED 1,460,000 (AED 1,023 per sqft)

3305 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3305, 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, March 2014: AED 115,000 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 145,000 a yearNew contract, November 2016: AED 135,000 a yearRenewal, November 2017: AED 134,626 a yearNew contract, March 2019: AED 92,000 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 3305 sits

All 228 2-beds →

3305 last sold in September 2019 at AED 1,023 per sqft, in line with what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,038). 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. 3305's AED 92,000 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
33012-bedAED 1.71M · Oct 2010
33022-bedAED 1.71M · Dec 2021
33032-bedAED 1.9M · Nov 2016
33042-bedAED 1.44M · Aug 2022
33062-bedAED 1.16M · Dec 2011
33072-bedAED 1.43M · Dec 2012
33082-bedAED 1.7M · Nov 2022

3305, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 10 October 2010 for AED 1,595,000, last on 12 September 2019 for AED 1,460,000 (AED 1,023 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 115,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2019 price is 6.3%, 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 September 2019.

Questions about 3305, Executive Tower M (West Heights 1)

What did unit 3305 last sell for?

AED 1,460,000 on 12 September 2019: AED 1,023 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 3305?

AED 92,000 a year on the contract signed on 15 March 2019. The previous contract, from November 2017, was AED 134,626; the unit has been rented since March 2014.

How big is unit 3305?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 33rd floor of a 51-storey tower completed in 2009.

What is unit 3305 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 3305, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.46M, 12 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,000
Deposit, UAE resident (20%)
AED 292,000
Deposit, non-resident (40%)
AED 584,000
Monthly over 25 years at 3.7%
AED 5,973

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