3-bed · 2,207 sqftExecutive Tower M (West Heights 1), Business Bay · 6th floor · completed 2009

602, 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 602 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 3.1M15 July 2024
Current rentAED 175K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Executive Tower M (West Heights 1)

What is 602 worth today?

Last sold for AED 3,100,000 in 2024

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15 Jul 2024SoldReady
AED 3,100,000AED 1,404 per sqft
5 Jun 2024RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
5 Jun 2024RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
5 Jun 2023RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft
1 Apr 2023RentedRenewal
AED 145,002/yr2 months · AED 66 per sqft
1 Apr 2022RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
1 Mar 2021RentedRenewal
AED 110,769/yr13 months · AED 50 per sqft
1 Mar 2020RentedNew contract
AED 120,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
3-bed apartment
Size
2,207 sqft
Floor
6th of 51
Parking
MB - 39 & 40
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,800 /yr
Last sold
AED 3.1M · July 2024

About 602, Executive Tower M (West Heights 1)

602 is a three-bedroom apartment of 2,207 sqft on the 6th 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 15 July 2024 for AED 3,100,000, or AED 1,404 per sqft, 23% above the AED 1,141 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 5 June 2024, is AED 175,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 32,800 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, May 2010: AED 1,943,700 (AED 880 per sqft)Sold, July 2024: AED 3,100,000 (AED 1,404 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in Executive Tower M (West Heights 1)
100K150K200K2013201720212025Typical 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, August 2013: AED 160,000 a yearNew contract, June 2014: AED 165,000 a yearNew contract, June 2016: AED 158,000 a yearNew contract, July 2017: AED 148,000 a yearRenewal, July 2018: AED 145,000 a yearNew contract, July 2019: AED 125,000 a yearRenewal, July 2019: AED 145,000 a yearNew contract, March 2020: AED 120,000 a yearRenewal, March 2021: AED 110,769 a yearRenewal, April 2022: AED 130,000 a yearRenewal, April 2023: AED 145,002 a yearNew contract, June 2023: AED 175,000 a yearNew contract, June 2024: AED 175,000 a yearRenewal, June 2024: AED 175,000 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 602 sits

All 59 3-beds →

602 last sold in July 2024 at AED 1,404 per sqft, 23% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,141). 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. 602's AED 175,000 is in the lower half 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
6013-bedAED 2.48M · Sep 2018
6031-bedAED 1.24M · Apr 2024
6041-bedAED 1.23M · May 2024
6051-bedAED 1.14M · Apr 2011
6061-bedAED 925K · Dec 2020
6073-bedAED 3.1M · Jun 2010
6083-bedAED 2.8M · Dec 2017

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

  • Sold twice: first on 2 May 2010 for AED 1,943,700, last on 15 July 2024 for AED 3,100,000 (AED 1,404 per sqft).
  • Rented since August 2013 on 14 Ejari contracts. The rent fell from AED 160,000 to AED 110,769 in 2021 and recovered to AED 175,000 by June 2024.
  • At AED 175,000 a year the gross yield on the 2024 price is 5.7%, 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 15 July 2024.

Questions about 602, Executive Tower M (West Heights 1)

What did unit 602 last sell for?

AED 3,100,000 on 15 July 2024: AED 1,404 per sqft for 2,207 sqft. The unit has 2 registered sales; the first was AED 1,943,700 in May 2010.

What is the rent for unit 602?

AED 175,000 a year on the contract signed on 5 June 2024. The previous contract, from June 2024, was AED 175,000; the unit has been rented since August 2013.

How big is unit 602?

2,207 sqft (205.0 sqm): a three-bedroom apartment on the 6th floor of a 51-storey tower completed in 2009.

What is unit 602 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 602, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 3.1M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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