2-bed · 1,665 sqftExecutive Tower M (West Heights 1), Business Bay · 48th floor · completed 2009

4804, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4804 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 2.57M2 July 2024
Current rentAED 110K /yr21 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4804, Executive Tower M (West Heights 1)

What is 4804 worth today?

Last sold for AED 2,565,000 in 2024

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2 Jul 2024SoldReady
AED 2,565,000AED 1,540 per sqft
21 Jun 2023RentedRenewal
AED 110,000/yr12 months · AED 66 per sqft
21 Jun 2022RentedRenewal
AED 99,750/yr12 months · AED 60 per sqft
21 Jun 2021RentedNew contract
AED 95,000/yr12 months · AED 57 per sqft
1 Mar 2019RentedNew contract
AED 110,000/yr12 months · AED 66 per sqft
20 Jan 2018RentedRenewal
AED 130,000/yr12 months · AED 78 per sqft
20 Jan 2017RentedRenewal
AED 130,000/yr12 months · AED 78 per sqft
20 Jan 2016RentedRenewal
AED 130,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
2-bed apartment
Size
1,665 sqft
Floor
48th of 51
Parking
MG - 92
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 2.57M · July 2024

About 4804, Executive Tower M (West Heights 1)

4804 is a two-bedroom apartment of 1,665 sqft on the 48th 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 2 July 2024 for AED 2,565,000, or AED 1,540 per sqft, 28% above the AED 1,200 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 21 June 2023, is AED 110,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 24,700 a year.

Sales and rents for 4804 over time

Sales
Unit 4804, 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, May 2010: AED 1,886,125 (AED 1,132 per sqft)Sold, July 2024: AED 2,565,000 (AED 1,540 per sqft)

4804 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4804, 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, January 2013: AED 110,000 a yearNew contract, January 2014: AED 110,000 a yearNew contract, January 2015: AED 120,000 a yearRenewal, January 2016: AED 130,000 a yearRenewal, January 2017: AED 130,000 a yearRenewal, January 2018: AED 130,000 a yearNew contract, March 2019: AED 110,000 a yearNew contract, June 2021: AED 95,000 a yearRenewal, June 2022: AED 99,750 a yearRenewal, June 2023: AED 110,000 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 4804 sits

All 228 2-beds →

4804 last sold in July 2024 at AED 1,540 per sqft, 28% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,200). 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. 4804's AED 110,000 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
48012-bedAED 2.21M · Jul 2013
48022-bedAED 1.41M · Feb 2013
48032-bedAED 2.65M · Sep 2025

4804, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 5 May 2010 for AED 1,886,125, last on 2 July 2024 for AED 2,565,000 (AED 1,540 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 95,000 in 2021 and recovered to AED 110,000 by June 2023.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.3%, 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 2 July 2024.

Questions about 4804, Executive Tower M (West Heights 1)

What did unit 4804 last sell for?

AED 2,565,000 on 2 July 2024: AED 1,540 per sqft for 1,665 sqft. The unit has 2 registered sales; the first was AED 1,886,125 in May 2010.

What is the rent for unit 4804?

AED 110,000 a year on the contract renewed on 21 June 2023. The previous contract, from June 2022, was AED 99,750; the unit has been rented since January 2013.

How big is unit 4804?

1,665 sqft (154.7 sqm): a two-bedroom apartment on the 48th floor of a 51-storey tower completed in 2009.

What is unit 4804 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 4804, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.57M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,565,000
Deposit, UAE resident (20%)
AED 513,000
Deposit, non-resident (40%)
AED 1,026,000
Monthly over 25 years at 3.7%
AED 10,494

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