1-bed · 1,253 sqftExecutive Tower M (West Heights 1), Business Bay · 7th floor · completed 2009

703, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.6M6 May 2014
Current rentAED 105K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Executive Tower M (West Heights 1)

What is 703 worth today?

Last sold for AED 1,600,000 in 2014

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20 Oct 2024RentedNew contract
AED 105,000/yr12 months · AED 84 per sqft
19 Feb 2023RentedNew contract
AED 84,000/yr12 months · AED 67 per sqft
19 Feb 2022RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
1 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
28 May 2017RentedRenewal
AED 95,000/yr12 months · AED 76 per sqft
28 May 2016RentedRenewal
AED 95,000/yr12 months · AED 76 per sqft
28 May 2015RentedRenewal
AED 100,000/yr12 months · AED 80 per sqft
28 May 2014RentedNew contract
AED 100,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
1-bed apartment
Size
1,253 sqft
Floor
7th of 51
Parking
MB - 53
Developer
Dubai Properties
Completed
2009
Service charge
AED 18,600 /yr
Last sold
AED 1.6M · May 2014

About 703, Executive Tower M (West Heights 1)

703 is a one-bedroom apartment of 1,253 sqft on the 7th 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 6 May 2014 for AED 1,600,000, or AED 1,276 per sqft, 41% above the AED 908 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 20 October 2024, is AED 105,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 18,600 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Executive Tower M (West Heights 1)
500K1M1.5M20102014201820222026Typical sale price by year: 2010 AED 1,075,000; 2011 AED 567,500; 2012 AED 1,092,500; 2013 AED 1,135,000; 2014 AED 1,642,000; 2016 AED 1,250,000; 2017 AED 1,250,000; 2023 AED 925,500; 2024 AED 1,315,000; 2025 AED 1,500,000Sold by developer, November 2010: AED 1,135,000 (AED 905 per sqft)Sold, May 2014: AED 1,600,000 (AED 1,276 per sqft)

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

Rents
Unit 703, each contractTypical one-bed in Executive Tower M (West Heights 1)
75K100K2013201720212025Typical rent by year: 2013 AED 68,250; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 100,000; 2017 AED 91,500; 2018 AED 81,000; 2019 AED 75,000; 2020 AED 65,500; 2021 AED 60,000; 2022 AED 68,125; 2023 AED 75,000; 2024 AED 85,425; 2025 AED 100,000; 2026 AED 98,250New contract, May 2014: AED 100,000 a yearRenewal, May 2015: AED 100,000 a yearRenewal, May 2016: AED 95,000 a yearRenewal, May 2017: AED 95,000 a yearNew contract, December 2019: AED 75,000 a yearNew contract, February 2022: AED 75,000 a yearNew contract, February 2023: AED 84,000 a yearNew contract, October 2024: AED 105,000 a year

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 703 sits

All 32 1-beds →

703 last sold in May 2014 at AED 1,276 per sqft, 41% above what one-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 908). 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. 703's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,260,000
24 Dec 20251,600,000
31 Jul 20251,450,000
10 Jun 20251,600,000
2 1-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
7013-bedAED 2.32M · Nov 2012
7023-bedAED 2.1M · Aug 2019
7041-bedAED 1.26M · Jan 2026
7051-bedAED 1.72M · Aug 2014
7061-bedAED 550K · Jan 2023
7073-bedAED 3M · Oct 2025
7083-bedAED 2.05M · Apr 2021

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

  • Sold twice: first on 21 November 2010 for AED 1,135,000, last on 6 May 2014 for AED 1,600,000 (AED 1,276 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2022 and recovered to AED 105,000 by October 2024.
  • At AED 105,000 a year the gross yield on the 2014 price is 6.6%, 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 20 October 2024.

Questions about 703, Executive Tower M (West Heights 1)

What did unit 703 last sell for?

AED 1,600,000 on 6 May 2014: AED 1,276 per sqft for 1,253 sqft. The unit has 2 registered sales; the first was AED 1,135,000 in November 2010.

What is the rent for unit 703?

AED 105,000 a year on the contract signed on 20 October 2024. The previous contract, from February 2023, was AED 84,000; the unit has been rented since May 2014.

How big is unit 703?

1,253 sqft (116.4 sqm): a one-bedroom apartment on the 7th floor of a 51-storey tower completed in 2009.

What is unit 703 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 703, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.6M, 6 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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