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2-bed · 1,665 sqftExecutive Tower M (West Heights 1), Business Bay · 46th floor · completed 2009

4604, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4604 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 2.1M21 December 2023
Current rentAED 98K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 4604, Executive Tower M (West Heights 1)

What is 4604 worth today?

Last sold for AED 2,100,000 in 2023

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21 Dec 2023SoldReady
AED 2,100,000AED 1,261 per sqft
15 Mar 2023RentedRenewal
AED 97,500/yr12 months · AED 58 per sqft
15 Mar 2022RentedRenewal
AED 97,500/yr12 months · AED 58 per sqft
15 Mar 2021RentedRenewal
AED 92,500/yr12 months · AED 55 per sqft
15 Mar 2020RentedRenewal
AED 110,000/yr12 months · AED 66 per sqft
15 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 69 per sqft
10 Feb 2017RentedRenewal
AED 147,500/yr12 months · AED 88 per sqft
10 Feb 2016RentedRenewal
AED 170,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,665 sqft
Floor
46th of 51
Parking
MG - 84
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 2.1M · December 2023
Building
Executive Tower M (West Heights 1)

About 4604, Executive Tower M (West Heights 1)

4604 is a two-bedroom apartment of 1,665 sqft on the 46th 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 21 December 2023 for AED 2,100,000, or AED 1,261 per sqft, 14% above the AED 1,108 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 97,500 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 24,700 a year.

Sales and rents for 4604 over time

Sales
Unit 4604, each saleTypical two-bed in Executive Tower M (West Heights 1)
1.5M2M2010201520202025Typical 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, September 2010: AED 1,975,000 (AED 1,186 per sqft)Sold, December 2023: AED 2,100,000 (AED 1,261 per sqft)

4604 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4604, 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, January 2012: AED 90,000 a yearRenewal, January 2013: AED 107,500 a yearNew contract, February 2014: AED 155,000 a yearNew contract, February 2015: AED 160,000 a yearRenewal, February 2016: AED 170,000 a yearRenewal, February 2017: AED 147,500 a yearNew contract, March 2019: AED 115,000 a yearRenewal, March 2020: AED 110,000 a yearRenewal, March 2021: AED 92,500 a yearRenewal, March 2022: AED 97,500 a yearRenewal, March 2023: AED 97,500 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 4604 sits

All 228 2-beds →

4604 last sold in December 2023 at AED 1,261 per sqft, 14% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,108). 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. 4604's AED 97,500 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 →

Other units on the 46th floor

All 331 units in Executive Tower M (West Heights 1)
Value
46012-bedAED 2.72M · Apr 2010
46022-bedAED 1.5M · May 2021
46032-bedAED 2.4M · Apr 2017

4604, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 22 September 2010 for AED 1,975,000, last on 21 December 2023 for AED 2,100,000 (AED 1,261 per sqft).
  • Rented since January 2012 on 11 Ejari contracts, from AED 90,000 to AED 97,500 a year.
  • At AED 97,500 a year the gross yield on the 2023 price is 4.6%, 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 21 December 2023.

Questions about 4604, Executive Tower M (West Heights 1)

What did unit 4604 last sell for?

AED 2,100,000 on 21 December 2023: AED 1,261 per sqft for 1,665 sqft. The unit has 2 registered sales; the first was AED 1,975,000 in September 2010.

What is the rent for unit 4604?

AED 97,500 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 97,500; the unit has been rented since January 2012.

How big is unit 4604?

1,665 sqft (154.7 sqm): a two-bedroom apartment on the 46th floor of a 51-storey tower completed in 2009.

What is unit 4604 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 4604, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.1M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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