3-bed · 2,205 sqftExecutive Tower J (West Heights 4), Business Bay · 7th floor · completed 2009

702, Executive Tower J (West Heights 4)

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 1.68M12 May 2010
Current rentAED 165K /yr21 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Executive Tower J (West Heights 4)

What is 702 worth today?

Last sold for AED 1,681,000 in 2010

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21 Aug 2024RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
21 Aug 2023RentedRenewal
AED 139,000/yr12 months · AED 63 per sqft
21 Aug 2022RentedRenewal
AED 126,500/yr12 months · AED 57 per sqft
21 Aug 2021RentedRenewal
AED 115,000/yr12 months · AED 52 per sqft
21 Aug 2020RentedNew contract
AED 108,000/yr12 months · AED 49 per sqft
10 Oct 2019RentedRenewal
AED 130,000/yr12 months · AED 59 per sqft
10 Oct 2018RentedRenewal
AED 152,500/yr12 months · AED 69 per sqft
10 Oct 2017RentedNew contract
AED 155,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
7th of 41
Parking
JB - 59 & 60
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 1.68M · May 2010

About 702, Executive Tower J (West Heights 4)

702 is a three-bedroom apartment of 2,205 sqft on the 7th floor of Executive Tower J (West Heights 4), a 41-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 12 May 2010 for AED 1,681,000, or AED 762 per sqft, 16% below the AED 905 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 21 August 2024, is AED 165,000 a year: a gross yield of 9.8% on the 2010 price, before the service charge of about AED 34,500 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Executive Tower J (West Heights 4)
2M3M2010201420182022Typical sale price by year: 2010 AED 2,090,000; 2011 AED 1,764,360; 2012 AED 2,090,725; 2013 AED 2,636,400; 2014 AED 3,175,000; 2015 AED 2,880,000; 2016 AED 2,975,000; 2018 AED 2,450,000; 2021 AED 2,375,000; 2022 AED 2,450,000; 2023 AED 2,600,000; 2024 AED 3,150,000Sold by developer, May 2010: AED 1,681,000 (AED 762 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Executive Tower J (West Heights 4)
100K150K200K2013201720212025Typical rent by year: 2013 AED 155,000; 2014 AED 165,000; 2015 AED 180,000; 2016 AED 175,000; 2017 AED 165,000; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 125,000; 2021 AED 125,000; 2022 AED 131,158; 2023 AED 150,000; 2024 AED 187,500; 2025 AED 200,000New contract, March 2015: AED 151,984 a yearNew contract, September 2015: AED 215,000 a yearRenewal, September 2016: AED 190,000 a yearNew contract, October 2017: AED 155,000 a yearRenewal, October 2018: AED 152,500 a yearRenewal, October 2019: AED 130,000 a yearNew contract, August 2020: AED 108,000 a yearRenewal, August 2021: AED 115,000 a yearRenewal, August 2022: AED 126,500 a yearRenewal, August 2023: AED 139,000 a yearNew contract, August 2024: AED 165,000 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 J (West Heights 4), and where 702 sits

All 63 3-beds →

702 last sold in May 2010 at AED 762 per sqft, 16% below what three-beds in Executive Tower J (West Heights 4) were fetching at the time (AED 905). Over the last 12 months three-beds sold for AED 4,900,000, around AED 1,543 per sqft, and rent for AED 189,000 to 215,000 a year. 702's AED 165,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Apr 20253,800,000
6 Aug 20243,400,000
12 Jul 20243,260,000
12 Jul 20242,950,000
1 3-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
7013-bedAED 3.03M · May 2024
7031-bedAED 866K · Jun 2011
704StudioAED 650K · Feb 2022
7051-bedAED 366K · Oct 2011
7061-bedAED 1.3M · Aug 2024
707StudioAED 1.15M · May 2014
7081-bedAED 866K · May 2010
1–7 of 9

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

  • Sold once: by Dubai Properties on 12 May 2010 for AED 1,681,000, or AED 762 per sqft.
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 151,984 to AED 108,000 in 2020 and recovered to AED 165,000 by August 2024.
  • At AED 165,000 a year the gross yield on the 2010 price is 9.8%, before a service charge of about AED 34,500 a year (AED 15.66 per sqft).
  • Three-beds in Executive Tower J (West Heights 4) sold for AED 4,900,000–4,900,000 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 21 August 2024.

Questions about 702, Executive Tower J (West Heights 4)

What did unit 702 last sell for?

AED 1,681,000 on 12 May 2010, sold by the developer: AED 762 per sqft for 2,205 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 165,000 a year on the contract signed on 21 August 2024. The previous contract, from August 2023, was AED 139,000; the unit has been rented since March 2015.

How big is unit 702?

2,205 sqft (204.9 sqm): a three-bedroom apartment on the 7th floor of a 41-storey tower completed in 2009.

What is unit 702 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 J (West Heights 4) sold for AED 4,900,000 to 4,900,000 in the last 12 months, around AED 1,543 per sqft.

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Mortgage on 702, Executive Tower J (West Heights 4)

Starts from the last sale price (AED 1.68M, 12 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,681,000
Deposit, UAE resident (20%)
AED 336,200
Deposit, non-resident (40%)
AED 672,400
Monthly over 25 years at 3.7%
AED 6,877

Plus AED 75,612 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →