2-bed · 1,427 sqftExecutive Tower M (West Heights 1), Business Bay · 34th floor · completed 2009

3406, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in May 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3406 · DLD and Ejari recordsUpdated 7 May 2014
Last soldAED 1.21M7 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3406, Executive Tower M (West Heights 1)

What is 3406 worth today?

Last sold for AED 1,212,500 in 2014

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7 May 2014SoldReady
AED 1,212,500AED 849 per sqft
15 Sep 2010Sold by developerReady
AED 1,515,000AED 1,061 per sqft

Source: Dubai Land Department. Updated 7 May 2014.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
34th of 51
Parking
MM - 149
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.21M · May 2014

About 3406, Executive Tower M (West Heights 1)

3406 is a two-bedroom apartment of 1,427 sqft on the 34th 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 7 May 2014 for AED 1,212,500, or AED 849 per sqft, 38% below the AED 1,366 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3406 over time

Sales
Unit 3406, each saleTypical two-bed in Executive Tower M (West Heights 1)
1.5M2M2.5M2010201520202025Typical 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, September 2010: AED 1,515,000 (AED 1,061 per sqft)Sold, May 2014: AED 1,212,500 (AED 849 per sqft)

3406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3406, 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 132,500

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 3406 sits

All 228 2-beds →

3406 last sold in May 2014 at AED 849 per sqft, 38% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,366). 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.

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
34012-bedAED 1.78M · Dec 2022
34022-bedAED 1.52M · May 2012
34032-bedAED 1.98M · Oct 2015
34042-bedAED 2.15M · Jul 2026
34052-bedAED 1.52M · Jan 2012
34072-bedAED 1.54M · Oct 2021
34082-bedAED 1.78M · Jun 2010

3406, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 15 September 2010 for AED 1,515,000, last on 7 May 2014 for AED 1,212,500 (AED 849 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 7 May 2014.

Questions about 3406, Executive Tower M (West Heights 1)

What did unit 3406 last sell for?

AED 1,212,500 on 7 May 2014: AED 849 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 1,515,000 in September 2010.

How big is unit 3406?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 34th floor of a 51-storey tower completed in 2009.

What is unit 3406 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 3406, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.21M, 7 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,212,500
Deposit, UAE resident (20%)
AED 242,500
Deposit, non-resident (40%)
AED 485,000
Monthly over 25 years at 3.7%
AED 4,961

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