2-bed · 1,533 sqftExecutive Tower J (West Heights 4), Business Bay · 16th floor · completed 2009

1605, Executive Tower J (West Heights 4)

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 1M15 June 2017
Current rentAED 150K /yr10 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Executive Tower J (West Heights 4)

What is 1605 worth today?

Last sold for AED 1,000,000 in 2017

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10 May 2024RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
21 Feb 2023RentedRenewal
AED 135,000/yr12 months · AED 88 per sqft
13 Jun 2021RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
8 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 46 per sqft
15 Jun 2017SoldReady
AED 1,000,000AED 652 per sqft
18 May 2016RentedRenewal
AED 145,000/yr12 months · AED 95 per sqft
18 May 2015RentedNew contract
AED 145,000/yr12 months · AED 95 per sqft
17 May 2014RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.

Key facts

Type
2-bed apartment
Size
1,533 sqft
Floor
16th of 41
Parking
JM - 44
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,000 /yr
Last sold
AED 1M · June 2017

About 1605, Executive Tower J (West Heights 4)

1605 is a two-bedroom apartment of 1,533 sqft on the 16th floor of Executive Tower J (West Heights 4), a 41-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 15 June 2017 for AED 1,000,000, or AED 652 per sqft, 47% below the AED 1,239 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 May 2024, is AED 150,000 a year: a gross yield of 15.0% on the 2017 price, before the service charge of about AED 24,000 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in Executive Tower J (West Heights 4)
1M2M20102014201820222026Typical sale price by year: 2010 AED 1,495,000; 2011 AED 1,510,000; 2012 AED 1,347,300; 2013 AED 1,879,600; 2014 AED 2,170,000; 2015 AED 2,162,500; 2016 AED 1,900,000; 2017 AED 1,863,125; 2019 AED 1,285,000; 2020 AED 1,362,500; 2021 AED 1,500,000; 2022 AED 1,552,500; 2023 AED 1,600,000; 2024 AED 2,100,000; 2025 AED 2,147,500Sold by developer, June 2010: AED 1,125,090 (AED 733 per sqft)Sold, June 2017: AED 1,000,000 (AED 652 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in Executive Tower J (West Heights 4)
100K150K2013201720212025Typical rent by year: 2013 AED 98,000; 2014 AED 120,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 125,000; 2018 AED 115,000; 2019 AED 97,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 89,000; 2023 AED 108,000; 2024 AED 125,894; 2025 AED 135,000; 2026 AED 145,000New contract, May 2014: AED 140,000 a yearNew contract, May 2015: AED 145,000 a yearRenewal, May 2016: AED 145,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, June 2021: AED 95,000 a yearRenewal, February 2023: AED 135,000 a yearNew contract, May 2024: AED 150,000 a year

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

2-beds in Executive Tower J (West Heights 4), and where 1605 sits

All 87 2-beds →

1605 last sold in June 2017 at AED 652 per sqft, 47% below what two-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 1,239). Over the last 12 months two-beds sold for AED 2,060,000, around AED 1,429 per sqft, and rent for AED 110,250 to 165,000 a year. 1605's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Jun 20252,010,000
12 Jun 20252,000,000
9 Jun 20252,415,000
3 Jun 20252,125,000
1 2-bed sale in the last 12 months

Executive Tower J (West Heights 4)

Building

265 apartments, studios to 4-bed over 41 floors in Business Bay, completed in 2009 by Dubai Properties. 6 sold in the last 12 months.

Typical price per sqft
AED 1,415
Typical sale
AED 1.82M
Typical rent
AED 130K /yr
Typical yield
6.7%
Executive Tower J (West Heights 4), Business Bay: prices, sales and rents →
Value
16013-bedAED 3.05M · Dec 2023
16023-bedAED 3.5M · Apr 2024
16032-bedAED 1.2M · Aug 2014
16042-bedAED 1.25M · Oct 2019
16062-bedAED 1.9M · Oct 2024
16073-bedAED 2.85M · Oct 2023
16083-bedAED 1.69M · May 2010

1605, Executive Tower J (West Heights 4) in numbers

  • Sold twice: first on 10 June 2010 for AED 1,125,090, last on 15 June 2017 for AED 1,000,000 (AED 652 per sqft).
  • Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 70,000 in 2017 and recovered to AED 150,000 by May 2024.
  • At AED 150,000 a year the gross yield on the 2017 price is 15.0%, before a service charge of about AED 24,000 a year (AED 15.66 per sqft).
  • Two-beds in Executive Tower J (West Heights 4) sold for AED 2,060,000–2,060,000 in the 12 months to November 2026; the building's median across all types is AED 1,415 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 May 2024.

Questions about 1605, Executive Tower J (West Heights 4)

What did unit 1605 last sell for?

AED 1,000,000 on 15 June 2017: AED 652 per sqft for 1,533 sqft. The unit has 2 registered sales; the first was AED 1,125,090 in June 2010.

What is the rent for unit 1605?

AED 150,000 a year on the contract signed on 10 May 2024. The previous contract, from February 2023, was AED 135,000; the unit has been rented since May 2014.

How big is unit 1605?

1,533 sqft (142.4 sqm): a two-bedroom apartment on the 16th floor of a 41-storey tower completed in 2009.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower J (West Heights 4) sold for AED 2,060,000 to 2,060,000 in the last 12 months, around AED 1,429 per sqft.

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Mortgage on 1605, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 1M, 15 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →