5004, Executive Tower M (West Heights 1)
Sold prices and rental history: sold twice, last in November 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 5004, Executive Tower M (West Heights 1)
What is 5004 worth today?
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Source: Dubai Land Department. Updated 30 April 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 1,162 sqft
- Floor
- 50th of 51
- Parking
- MG - 28 & 29
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 17,200 /yr
- Last sold
- AED 600K · November 2010
About 5004, Executive Tower M (West Heights 1)
5004 is a penthouse of 1,162 sqft on the 50th 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 14 November 2010 for AED 600,000, or AED 516 per sqft, 45% below the AED 939 penthouses in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 30 April 2024, is AED 150,000 a year: a gross yield of 25.0% on the 2010 price, before the service charge of about AED 17,200 a year.
Sales and rents for 5004 over time
5004 has sold twice; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Executive Tower M (West Heights 1), and where 5004 sits
All 7 penthouses →5004 last sold in November 2010 at AED 516 per sqft, 45% below what penthouses in Executive Tower M (West Heights 1) were fetching at the time (AED 939). 5004's AED 150,000 is at the bottom of that range.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 May 202512 May 2025 | 1,994 sqft | 3,075,000 | 1,542 | ||
| 27 Feb 202527 February 2025 | 6,704 sqft | 10,100,000 | 1,506 | ||
| 18 Sep 202318 September 2023 | 6,704 sqft | 5,000,000 | 745 | ||
| 11 Jul 202311 July 2023 | 1,994 sqft | 2,200,000 | 1,103 |
Executive Tower M (West Heights 1)
Building331 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%
Other units on the 50th floor
All 331 units in Executive Tower M (West Heights 1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 5001 | Penthouse | 2,462 sqft | AED 2.36MAED 2,355,000 · Feb 2014February 2014 | 250,000 /yr | |
| 5002 | Penthouse | 2,485 sqft | AED 2.7MAED 2,700,000 · Mar 2018March 2018 | ||
| 5003 | Penthouse | 1,994 sqft | AED 2.25MAED 2,250,000 · Jun 2023June 2023 | 50,000 /yr | |
| 5005 | Penthouse | 1,994 sqft | AED 3.08MAED 3,075,000 · May 2025May 2025 | 15,000 /yr |
5004, Executive Tower M (West Heights 1) in numbers
- Sold twice: first on 13 September 2010 for AED 1,023,000, last on 14 November 2010 for AED 600,000 (AED 516 per sqft).
- Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2020 and recovered to AED 150,000 by April 2024.
- At AED 150,000 a year the gross yield on the 2010 price is 25.0%, before a service charge of about AED 17,200 a year (AED 14.84 per sqft).
Source: Dubai Land Department. Updated 30 April 2024.
Questions about 5004, Executive Tower M (West Heights 1)
What did unit 5004 last sell for?
AED 600,000 on 14 November 2010: AED 516 per sqft for 1,162 sqft. The unit has 2 registered sales; the first was AED 1,023,000 in September 2010.
What is the rent for unit 5004?
AED 150,000 a year on the contract signed on 30 April 2024. The previous contract, from January 2023, was AED 115,000; the unit has been rented since March 2016.
How big is unit 5004?
1,162 sqft (108.0 sqm): a penthouse on the 50th floor of a 51-storey tower completed in 2009.
What is unit 5004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 5004, Executive Tower M (West Heights 1)
Starts from the last sale price (AED 600K, 14 November 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →