3-bed · 2,207 sqftExecutive Tower M (West Heights 1), Business Bay · 5th floor · completed 2009

507, Executive Tower M (West Heights 1)

Sold prices and rental history: sold once, by the developer in July 2011, and rented once, from October 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 7 October 2013
Last soldAED 1.55M27 July 2011
Current rentAED 155K /yr7 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Executive Tower M (West Heights 1)

What is 507 worth today?

Last sold for AED 1,550,500 in 2011

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7 Oct 2013RentedNew contract
AED 155,000/yr12 months · AED 70 per sqft
27 Jul 2011Sold by developerReady
AED 1,550,500AED 702 per sqft

Source: Dubai Land Department. Updated 7 October 2013.

Key facts

Type
3-bed apartment
Size
2,207 sqft
Floor
5th of 51
Parking
MB-33 & MB-34
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,800 /yr
Last sold
AED 1.55M · July 2011

About 507, Executive Tower M (West Heights 1)

507 is a three-bedroom apartment of 2,207 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. The developer sold it on 27 July 2011 for AED 1,550,500, or AED 702 per sqft, 22% below the AED 899 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 7 October 2013. The current contract, signed on 7 October 2013, is AED 155,000 a year: a gross yield of 10.0% on the 2011 price, before the service charge of about AED 32,800 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical three-bed in Executive Tower M (West Heights 1)
2M3M2010201520202025Typical sale price by year: 2010 AED 1,985,000; 2011 AED 1,767,750; 2012 AED 1,985,000; 2013 AED 2,144,000; 2014 AED 3,000,000; 2015 AED 2,392,500; 2018 AED 2,475,000; 2019 AED 1,991,327; 2020 AED 1,900,000; 2021 AED 1,980,000; 2022 AED 2,295,000; 2023 AED 2,525,000; 2024 AED 2,842,500; 2025 AED 2,995,648; 2026 AED 3,575,000Sold by developer, July 2011: AED 1,550,500 (AED 702 per sqft)

507 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 507, each contractTypical three-bed in Executive Tower M (West Heights 1)
150K200K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 160,000; 2018 AED 148,500; 2019 AED 136,500; 2020 AED 120,000; 2021 AED 117,700; 2022 AED 130,000; 2023 AED 148,000; 2024 AED 180,000; 2025 AED 207,000; 2026 AED 203,500New contract, October 2013: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Executive Tower M (West Heights 1), and where 507 sits

All 59 3-beds →

507 last sold in July 2011 at AED 702 per sqft, 22% below what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 899). Over the last 12 months three-beds sold for AED 2,800,000 to 4,100,000, around AED 1,479 per sqft, and rent for AED 155,861 to 250,000 a year. 507's AED 155,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Aug 20263,250,000
24 Jun 20263,200,000
21 May 20264,100,000
20 May 20263,900,000
5 3-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
5013-bedAED 1.96M · Mar 2022
5023-bedAED 2.85M · Aug 2016
5031-bedAED 1.25M · Oct 2018
5041-bedAED 1.6M · Dec 2025
5051-bedAED 1.08M · May 2013
5061-bedAED 1.52M · May 2017
5083-bedAED 3.1M · Jun 2010

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

  • Sold once: by Dubai Properties on 27 July 2011 for AED 1,550,500, or AED 702 per sqft.
  • Rented since October 2013 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2011 price is 10.0%, before a service charge of about AED 32,800 a year (AED 14.84 per sqft).
  • Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000–4,100,000 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 7 October 2013.

Questions about 507, Executive Tower M (West Heights 1)

What did unit 507 last sell for?

AED 1,550,500 on 27 July 2011, sold by the developer: AED 702 per sqft for 2,207 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 155,000 a year on the contract signed on 7 October 2013.

How big is unit 507?

2,207 sqft (205.0 sqm): a three-bedroom apartment on the 5th floor of a 51-storey tower completed in 2009.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000 to 4,100,000 in the last 12 months, around AED 1,479 per sqft.

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Mortgage on 507, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.55M, 27 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,500
Deposit, UAE resident (20%)
AED 310,100
Deposit, non-resident (40%)
AED 620,200
Monthly over 25 years at 3.7%
AED 6,344

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