2-bed · 1,665 sqftExecutive Tower M (West Heights 1), Business Bay · 43rd floor · completed 2009

4304, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4304 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.85M23 June 2023
Current rentAED 100K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4304, Executive Tower M (West Heights 1)

What is 4304 worth today?

Last sold for AED 1,850,000 in 2023

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1 Aug 2023RentedNew contract
AED 99,750/yr12 months · AED 60 per sqft
23 Jun 2023SoldReady
AED 1,850,000AED 1,111 per sqft
1 Aug 2022RentedRenewal
AED 99,750/yr12 months · AED 60 per sqft
1 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 57 per sqft
17 Jun 2021SoldReady
AED 1,700,000AED 1,021 per sqft
1 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 54 per sqft
1 Aug 2019RentedRenewal
AED 95,000/yr12 months · AED 57 per sqft
1 Aug 2018RentedRenewal
AED 100,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
2-bed apartment
Size
1,665 sqft
Floor
43rd of 51
Parking
MG - 72
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 1.85M · June 2023

About 4304, Executive Tower M (West Heights 1)

4304 is a two-bedroom apartment of 1,665 sqft on the 43rd 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 23 June 2023 for AED 1,850,000, or AED 1,111 per sqft, 4% above the AED 1,071 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 1 August 2023, is AED 99,750 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 24,700 a year.

Sales and rents for 4304 over time

Sales
Unit 4304, 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, December 2012: AED 2,668,000 (AED 1,602 per sqft)Sold, June 2021: AED 1,700,000 (AED 1,021 per sqft)Sold, June 2023: AED 1,850,000 (AED 1,111 per sqft)

4304 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4304, 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, December 2014: AED 114,377 a yearNew contract, June 2015: AED 150,000 a yearNew contract, August 2017: AED 130,000 a yearRenewal, August 2018: AED 100,000 a yearRenewal, August 2019: AED 95,000 a yearRenewal, August 2020: AED 90,000 a yearNew contract, August 2021: AED 95,000 a yearRenewal, August 2022: AED 99,750 a yearNew contract, August 2023: AED 99,750 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 4304 sits

All 228 2-beds →

4304 last sold in June 2023 at AED 1,111 per sqft, 4% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,071). 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. 4304's AED 99,750 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
43012-bedAED 2.34M · Jul 2024
43022-bedAED 1.25M · Feb 2014
43032-bedAED 1.5M · Sep 2019

4304, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 17 December 2012 for AED 2,668,000, last on 23 June 2023 for AED 1,850,000 (AED 1,111 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 114,377 to AED 90,000 in 2020 and recovered to AED 99,750 by August 2023.
  • At AED 99,750 a year the gross yield on the 2023 price is 5.4%, 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 1 August 2023.

Questions about 4304, Executive Tower M (West Heights 1)

What did unit 4304 last sell for?

AED 1,850,000 on 23 June 2023: AED 1,111 per sqft for 1,665 sqft. The unit has 3 registered sales; the first was AED 2,668,000 in December 2012.

What is the rent for unit 4304?

AED 99,750 a year on the contract signed on 1 August 2023. The previous contract, from August 2022, was AED 99,750; the unit has been rented since December 2014.

How big is unit 4304?

1,665 sqft (154.7 sqm): a two-bedroom apartment on the 43rd floor of a 51-storey tower completed in 2009.

What is unit 4304 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 4304, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.85M, 23 June 2023). 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 →