2-bed · 1,578 sqftExecutive Tower M (West Heights 1), Business Bay · 36th floor · completed 2009

3601, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 5 times, last in August 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3601 · DLD and Ejari recordsUpdated 15 August 2021
Last soldAED 1.62M4 August 2021
Current rentAED 83K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3601, Executive Tower M (West Heights 1)

What is 3601 worth today?

Last sold for AED 1,615,000 in 2021

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15 Aug 2021RentedNew contract
AED 82,500/yr12 months · AED 52 per sqft
4 Aug 2021SoldReady
AED 1,615,000AED 1,023 per sqft
15 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
25 Apr 2020RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
25 Apr 2019RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
1 Apr 2017RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
1 Mar 2016RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
18 Jun 2015SoldReady
AED 1,160,000AED 735 per sqft

Source: Dubai Land Department. Updated 15 August 2021.

Key facts

Type
2-bed apartment
Size
1,578 sqft
Floor
36th of 51
Parking
MG - 6
Developer
Dubai Properties
Completed
2009
Service charge
AED 23,400 /yr
Last sold
AED 1.62M · August 2021

About 3601, Executive Tower M (West Heights 1)

3601 is a two-bedroom apartment of 1,578 sqft on the 36th 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 4 August 2021 for AED 1,615,000, or AED 1,023 per sqft, 14% above the AED 894 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 August 2021, is AED 82,500 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 23,400 a year.

Sales and rents for 3601 over time

Sales
Unit 3601, 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, December 2012: AED 1,710,000 (AED 1,083 per sqft)Sold, February 2013: AED 1,909,380 (AED 1,210 per sqft)Sold, May 2013: AED 2,160,000 (AED 1,368 per sqft)Sold, June 2015: AED 1,160,000 (AED 735 per sqft)Sold, August 2021: AED 1,615,000 (AED 1,023 per sqft)

3601 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3601, 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, June 2014: AED 115,000 a yearNew contract, March 2015: AED 150,000 a yearNew contract, March 2016: AED 150,000 a yearNew contract, April 2017: AED 130,000 a yearNew contract, April 2019: AED 105,000 a yearNew contract, April 2020: AED 105,000 a yearNew contract, August 2020: AED 75,000 a yearNew contract, August 2021: AED 82,500 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 3601 sits

All 228 2-beds →

3601 last sold in August 2021 at AED 1,023 per sqft, 14% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 894). 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. 3601's AED 82,500 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
36022-bedAED 3M · Aug 2016
36032-bedAED 1.86M · Aug 2024
36042-bedAED 2.2M · Apr 2026
36052-bedAED 1.52M · Dec 2011
36062-bedAED 2.57M · Jun 2014
36072-bedAED 2.45M · Oct 2010
36082-bedAED 1.64M · Oct 2010

3601, Executive Tower M (West Heights 1) in numbers

  • Sold 5 times: first on 30 December 2012 for AED 1,710,000, last on 4 August 2021 for AED 1,615,000 (AED 1,023 per sqft).
  • Rented since June 2014 on 8 Ejari contracts, from AED 115,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2021 price is 5.1%, 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 15 August 2021.

Questions about 3601, Executive Tower M (West Heights 1)

What did unit 3601 last sell for?

AED 1,615,000 on 4 August 2021: AED 1,023 per sqft for 1,578 sqft. The unit has 5 registered sales; the first was AED 1,710,000 in December 2012.

What is the rent for unit 3601?

AED 82,500 a year on the contract signed on 15 August 2021. The previous contract, from August 2020, was AED 75,000; the unit has been rented since June 2014.

How big is unit 3601?

1,578 sqft (146.6 sqm): a two-bedroom apartment on the 36th floor of a 51-storey tower completed in 2009.

What is unit 3601 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 3601, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.62M, 4 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,615,000
Deposit, UAE resident (20%)
AED 323,000
Deposit, non-resident (40%)
AED 646,000
Monthly over 25 years at 3.7%
AED 6,607

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