2-bed · 1,665 sqftExecutive Tower M (West Heights 1), Business Bay · 42nd floor · completed 2009

4204, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4204 · DLD and Ejari recordsUpdated 18 November 2022
Last soldAED 1.85M18 November 2022
Current rentAED 107K /yr5 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4204, Executive Tower M (West Heights 1)

What is 4204 worth today?

Last sold for AED 1,850,000 in 2022

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18 Nov 2022SoldReady
AED 1,850,000AED 1,111 per sqft
5 Sep 2022RentedRenewal
AED 107,000/yr12 months · AED 64 per sqft
5 Sep 2021RentedNew contract
AED 102,000/yr12 months · AED 61 per sqft
1 Aug 2020RentedNew contract
AED 98,000/yr12 months · AED 59 per sqft
14 Sep 2015SoldReady
AED 2,400,000AED 1,441 per sqft
11 Oct 2010Sold by developerReady
AED 2,668,000AED 1,602 per sqft

Source: Dubai Land Department. Updated 18 November 2022.

Key facts

Type
2-bed apartment
Size
1,665 sqft
Floor
42nd of 51
Parking
MG - 68
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 1.85M · November 2022

About 4204, Executive Tower M (West Heights 1)

4204 is a two-bedroom apartment of 1,665 sqft on the 42nd 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 18 November 2022 for AED 1,850,000, or AED 1,111 per sqft, 7% above the AED 1,040 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 5 September 2022, is AED 107,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 24,700 a year.

Sales and rents for 4204 over time

Sales
Unit 4204, 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, October 2010: AED 2,668,000 (AED 1,602 per sqft)Sold, September 2015: AED 2,400,000 (AED 1,441 per sqft)Sold, November 2022: AED 1,850,000 (AED 1,111 per sqft)

4204 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4204, 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 132,500New contract, August 2020: AED 98,000 a yearNew contract, September 2021: AED 102,000 a yearRenewal, September 2022: AED 107,000 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 4204 sits

All 228 2-beds →

4204 last sold in November 2022 at AED 1,111 per sqft, 7% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,040). 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. 4204's AED 107,000 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 →
Value
42012-bedAED 2.72M · Oct 2010
42022-bedAED 2.25M · Jun 2013
42032-bedAED 1.81M · Sep 2021

4204, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 11 October 2010 for AED 2,668,000, last on 18 November 2022 for AED 1,850,000 (AED 1,111 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 98,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2022 price is 5.8%, 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 18 November 2022.

Questions about 4204, Executive Tower M (West Heights 1)

What did unit 4204 last sell for?

AED 1,850,000 on 18 November 2022: AED 1,111 per sqft for 1,665 sqft. The unit has 3 registered sales; the first was AED 2,668,000 in October 2010.

What is the rent for unit 4204?

AED 107,000 a year on the contract renewed on 5 September 2022. The previous contract, from September 2021, was AED 102,000; the unit has been rented since August 2020.

How big is unit 4204?

1,665 sqft (154.7 sqm): a two-bedroom apartment on the 42nd floor of a 51-storey tower completed in 2009.

What is unit 4204 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 4204, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.85M, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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