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2-bed · 1,663 sqftExecutive Tower M (West Heights 1), Business Bay · 39th floor · completed 2009

3902, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in September 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3902 · DLD and Ejari recordsUpdated 6 September 2020
Last soldAED 1.28M6 September 2020
Current rentAED 100K /yr26 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3902, Executive Tower M (West Heights 1)

What is 3902 worth today?

Last sold for AED 1,277,212 in 2020

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6 Sep 2020SoldReady
AED 1,277,212AED 768 per sqft
26 Aug 2019RentedRenewal
AED 100,000/yr12 months · AED 60 per sqft
26 Aug 2018RentedNew contract
AED 105,000/yr12 months · AED 63 per sqft
15 Dec 2016RentedRenewal
AED 140,000/yr12 months · AED 84 per sqft
15 Dec 2015RentedNew contract
AED 145,000/yr12 months · AED 87 per sqft
1 Mar 2014RentedNew contract
AED 82,000/yr12 months · AED 49 per sqft
1 Mar 2013RentedNew contract
AED 82,000/yr12 months · AED 49 per sqft
18 Jul 2010Sold by developerReady
AED 2,668,000AED 1,604 per sqft

Source: Dubai Land Department. Updated 6 September 2020.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
39th of 51
Parking
MG - 19
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 1.28M · September 2020
Building
Executive Tower M (West Heights 1)

About 3902, Executive Tower M (West Heights 1)

3902 is a two-bedroom apartment of 1,663 sqft on the 39th 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 6 September 2020 for AED 1,277,212, or AED 768 per sqft, 13% below the AED 886 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 26 August 2019, is AED 100,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 24,700 a year.

Sales and rents for 3902 over time

Sales
Unit 3902, 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, July 2010: AED 2,668,000 (AED 1,604 per sqft)Sold, September 2020: AED 1,277,212 (AED 768 per sqft)

3902 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3902, 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 2013: AED 82,000 a yearNew contract, March 2014: AED 82,000 a yearNew contract, December 2015: AED 145,000 a yearRenewal, December 2016: AED 140,000 a yearNew contract, August 2018: AED 105,000 a yearRenewal, August 2019: AED 100,000 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 3902 sits

All 228 2-beds →

3902 last sold in September 2020 at AED 768 per sqft, 13% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 886). 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. 3902's AED 100,000 is in the upper 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 →

Other units on the 39th floor

All 331 units in Executive Tower M (West Heights 1)
Value
39012-bedAED 1.5M · Nov 2020
39032-bedAED 2.3M · Aug 2025
39042-bedAED 2.45M · Feb 2016

3902, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 18 July 2010 for AED 2,668,000, last on 6 September 2020 for AED 1,277,212 (AED 768 per sqft).
  • Rented since March 2013 on 6 Ejari contracts, from AED 82,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 24,700 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 6 September 2020.

Questions about 3902, Executive Tower M (West Heights 1)

What did unit 3902 last sell for?

AED 1,277,212 on 6 September 2020: AED 768 per sqft for 1,663 sqft. The unit has 2 registered sales; the first was AED 2,668,000 in July 2010.

What is the rent for unit 3902?

AED 100,000 a year on the contract renewed on 26 August 2019. The previous contract, from August 2018, was AED 105,000; the unit has been rented since March 2013.

How big is unit 3902?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 39th floor of a 51-storey tower completed in 2009.

What is unit 3902 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 3902, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.28M, 6 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,277,212
Deposit, UAE resident (20%)
AED 255,442
Deposit, non-resident (40%)
AED 510,885
Monthly over 25 years at 3.7%
AED 5,225

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