506, Executive Tower M (West Heights 1)
Sold prices and rental history: sold 3 times, last in May 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Executive Tower M (West Heights 1)
What is 506 worth today?
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Source: Dubai Land Department. Updated 8 May 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 1,253 sqft
- Floor
- 5th of 51
- Parking
- MB - 32
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 18,600 /yr
- Last sold
- AED 1.52M · May 2017
About 506, Executive Tower M (West Heights 1)
506 is a one-bedroom apartment of 1,253 sqft on the 5th 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 8 May 2017 for AED 1,516,212, or AED 1,210 per sqft, 12% above the AED 1,076 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 7 February 2017, is AED 105,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 18,600 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Executive Tower M (West Heights 1), and where 506 sits
All 32 1-beds →506 last sold in May 2017 at AED 1,210 per sqft, 12% above what one-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,076). Over the last 12 months one-beds sold for AED 1,260,000 to 1,600,000, around AED 1,147 per sqft, and rent for AED 75,600 to 140,000 a year. 506's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 1,247 sqft | 1,260,000 | 1,010 | ||
| 24 Dec 202524 December 2025 | 1,247 sqft | 1,600,000 | 1,283 | ||
| 31 Jul 202531 July 2025 | 1,253 sqft | 1,450,000 | 1,157 | ||
| 10 Jun 202510 June 2025 | 1,370 sqft | 1,600,000 | 1,167 |
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 5th floor
All 331 units in Executive Tower M (West Heights 1)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,207 sqft | AED 1.96MAED 1,958,286 · Mar 2022March 2022 | 235,000 /yr | |
| 502 | 3-bed | 2,207 sqft | AED 2.85MAED 2,850,000 · Aug 2016August 2016 | 200,000 /yr | |
| 503 | 1-bed | 1,253 sqft | AED 1.25MAED 1,250,000 · Oct 2018October 2018 | 105,000 /yr | |
| 504 | 1-bed | 1,247 sqft | AED 1.6MAED 1,600,000 · Dec 2025December 2025 | 105,000 /yr | |
| 505 | 1-bed | 1,247 sqft | AED 1.08MAED 1,075,000 · May 2013May 2013 | 97,500 /yr | |
| 507 | 3-bed | 2,207 sqft | AED 1.55MAED 1,550,500 · Jul 2011July 2011 | 155,000 /yr | |
| 508 | 3-bed | 2,207 sqft | AED 3.1MAED 3,101,000 · Jun 2010June 2010 | 155,861 /yr |
506, Executive Tower M (West Heights 1) in numbers
- Sold 3 times: first on 10 February 2013 for AED 1,075,000, last on 8 May 2017 for AED 1,516,212 (AED 1,210 per sqft).
- Rented since August 2013 on 4 Ejari contracts, from AED 90,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 18,600 a year (AED 14.84 per sqft).
- One-beds in Executive Tower M (West Heights 1) sold for AED 1,260,000–1,600,000 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 8 May 2017.
Questions about 506, Executive Tower M (West Heights 1)
What did unit 506 last sell for?
AED 1,516,212 on 8 May 2017: AED 1,210 per sqft for 1,253 sqft. The unit has 3 registered sales; the first was AED 1,075,000 in February 2013.
What is the rent for unit 506?
AED 105,000 a year on the contract renewed on 7 February 2017. The previous contract, from February 2016, was AED 105,000; the unit has been rented since August 2013.
How big is unit 506?
1,253 sqft (116.4 sqm): a one-bedroom apartment on the 5th floor of a 51-storey tower completed in 2009.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Executive Tower M (West Heights 1) sold for AED 1,260,000 to 1,600,000 in the last 12 months, around AED 1,147 per sqft.
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Mortgage on 506, Executive Tower M (West Heights 1)
Starts from the last sale price (AED 1.52M, 8 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,516,212
- Deposit, UAE resident (20%)
- AED 303,242
- Deposit, non-resident (40%)
- AED 606,485
- Monthly over 25 years at 3.7%
- AED 6,203
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →