Studio · 840 sqftExecutive Tower K (West Heights 3), Business Bay · 13th floor · completed 2009

1307, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1307 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 1.05M10 January 2024
Current rentAED 76K /yr15 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1307, Executive Tower K (West Heights 3)

What is 1307 worth today?

Last sold for AED 1,050,000 in 2024

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10 Jan 2024SoldReady
AED 1,050,000AED 1,249 per sqft
15 Sep 2023RentedRenewal
AED 76,000/yr12 months · AED 91 per sqft
15 Sep 2022RentedRenewal
AED 73,000/yr12 months · AED 87 per sqft
20 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
26 Jan 2014SoldReady
AED 1,050,000AED 1,249 per sqft
20 Nov 2013Sold by developerReady
AED 715,000AED 851 per sqft

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

Key facts

Type
Studio apartment
Size
840 sqft
Floor
13th of 45
Parking
KB - 110
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,200 /yr
Last sold
AED 1.05M · January 2024

About 1307, Executive Tower K (West Heights 3)

1307 is a studio of 840 sqft on the 13th floor of Executive Tower K (West Heights 3), a 45-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 10 January 2024 for AED 1,050,000, or AED 1,249 per sqft, 14% above the AED 1,095 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 September 2023, is AED 76,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 13,200 a year.

Sales and rents for 1307 over time

Sales
Unit 1307, each saleTypical studio in Executive Tower K (West Heights 3)
750K1M2010201420182022Typical sale price by year: 2010 AED 715,000; 2011 AED 680,000; 2013 AED 715,000; 2014 AED 1,050,000; 2016 AED 1,125,000; 2023 AED 750,000; 2024 AED 1,050,000Sold by developer, November 2013: AED 715,000 (AED 851 per sqft)Sold, January 2014: AED 1,050,000 (AED 1,249 per sqft)Sold, January 2024: AED 1,050,000 (AED 1,249 per sqft)

1307 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1307, each contractTypical studio in Executive Tower K (West Heights 3)
40K60K80K20142017202020232026Typical rent by year: 2014 AED 85,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 67,500; 2019 AED 60,000; 2020 AED 53,500; 2021 AED 46,000; 2022 AED 52,188; 2023 AED 65,000; 2024 AED 79,000; 2025 AED 80,000New contract, December 2020: AED 60,000 a yearRenewal, September 2022: AED 73,000 a yearRenewal, September 2023: AED 76,000 a year

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

Studios in Executive Tower K (West Heights 3), and where 1307 sits

All 21 studios →

1307 last sold in January 2024 at AED 1,249 per sqft, 14% above what studios in Executive Tower K (West Heights 3) were fetching at the time (AED 1,095). Over the last 12 months studios sold for AED 1,354,200, around AED 1,612 per sqft, and rent for AED 72,000 to 88,571 a year. 1307's AED 76,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Feb 20261,354,200
14 Jul 20251,200,000
3 Jun 20251,250,000
5 Jul 2024944,000
1 studio sale in the last 12 months

Executive Tower K (West Heights 3)

Building

234 apartments, studios to 4-bed over 45 floors in Business Bay, completed in 2009 by Dubai Properties. 6 sold in the last 12 months.

Typical price per sqft
AED 1,573
Typical sale
AED 3.17M
Typical rent
AED 122K /yr
Typical yield
6.2%
Executive Tower K (West Heights 3), Business Bay: prices, sales and rents →
Value
13013-bedAED 3.12M · May 2010
13023-bedAED 3.35M · Oct 2013
13031-bedAED 625K · Nov 2017
1304StudioAED 750K · Jun 2023
13051-bedAED 876K · Apr 2011
13062-bedAED 2.22M · Oct 2015
13081-bedAED 1.49M · Sep 2010

1307, Executive Tower K (West Heights 3) in numbers

  • Sold 3 times: first on 20 November 2013 for AED 715,000, last on 10 January 2024 for AED 1,050,000 (AED 1,249 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 60,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 13,200 a year (AED 15.68 per sqft).
  • Studios in Executive Tower K (West Heights 3) sold for AED 1,354,200–1,354,200 in the 12 months to November 2026; the building's median across all types is AED 1,573 per sqft.

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

Questions about 1307, Executive Tower K (West Heights 3)

What did unit 1307 last sell for?

AED 1,050,000 on 10 January 2024: AED 1,249 per sqft for 840 sqft. The unit has 3 registered sales; the first was AED 715,000 in November 2013.

What is the rent for unit 1307?

AED 76,000 a year on the contract renewed on 15 September 2023. The previous contract, from September 2022, was AED 73,000; the unit has been rented since December 2020.

How big is unit 1307?

840 sqft (78.0 sqm): a studio on the 13th floor of a 45-storey tower completed in 2009.

What is unit 1307 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Executive Tower K (West Heights 3) sold for AED 1,354,200 to 1,354,200 in the last 12 months, around AED 1,612 per sqft.

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Mortgage on 1307, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.05M, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →