2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 35th floor · completed 2009

3501, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in October 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 14 October 2010
Last soldAED 550K14 October 2010
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Executive Tower M (West Heights 1)

What is 3501 worth today?

Last sold for AED 550,000 in 2010

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14 Oct 2010SoldReady
AED 550,000AED 348 per sqft
25 Apr 2010Sold by developerReady
AED 1,710,000AED 1,083 per sqft

Source: Dubai Land Department. Updated 14 October 2010.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
35th of 51
Parking
MM - 152
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 550K · October 2010

About 3501, Executive Tower M (West Heights 1)

3501 is a two-bedroom apartment of 1,578 sqft on the 35th 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 14 October 2010 for AED 550,000, or AED 348 per sqft, 67% below the AED 1,058 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3501 over time

Sales
Unit 3501, each saleTypical two-bed in Executive Tower M (West Heights 1)
1M2M2010201520202025Typical 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, April 2010: AED 1,710,000 (AED 1,083 per sqft)Sold, October 2010: AED 550,000 (AED 348 per sqft)

3501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3501, 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 3501 sits

All 228 2-beds →

3501 last sold in October 2010 at AED 348 per sqft, 67% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,058). 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
35022-bedAED 1.64M · Jan 2010
35032-bedAED 1.97M · Nov 2024
35042-bedAED 742K · Jul 2011
35052-bedAED 1.6M · Nov 2022
35062-bedAED 1.52M · Sep 2010
35072-bedAED 2.45M · Oct 2010
35082-bedAED 2.31M · Jul 2014

3501, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 25 April 2010 for AED 1,710,000, last on 14 October 2010 for AED 550,000 (AED 348 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 14 October 2010.

Questions about 3501, Executive Tower M (West Heights 1)

What did unit 3501 last sell for?

AED 550,000 on 14 October 2010: AED 348 per sqft for 1,578 sqft. The unit has 2 registered sales; the first was AED 1,710,000 in April 2010.

How big is unit 3501?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 35th floor of a 51-storey tower completed in 2009.

What is unit 3501 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 3501, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 550K, 14 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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