2-bed · 1,283 sqftExecutive Tower K (West Heights 3), Business Bay · 19th floor · completed 2009

1903, Executive Tower K (West Heights 3)

Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 578K17 October 2010
Current rentAED 96K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Executive Tower K (West Heights 3)

What is 1903 worth today?

Last sold for AED 577,500 in 2010

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15 Aug 2024RentedRenewal
AED 96,000/yr1 months · AED 75 per sqft
15 Mar 2024RentedRenewal
AED 115,104/yr5 months · AED 90 per sqft
15 Mar 2021RentedRenewal
AED 79,000/yr12 months · AED 62 per sqft
15 Dec 2020RentedRenewal
AED 84,000/yr3 months · AED 66 per sqft
15 Dec 2019RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
15 Dec 2017RentedNew contract
AED 113,000/yr6 months · AED 88 per sqft
15 Sep 2015RentedRenewal
AED 132,000/yr12 months · AED 103 per sqft
15 Sep 2014RentedNew contract
AED 132,000/yr12 months · AED 103 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Floor
19th of 45
Parking
KM - 21
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,100 /yr
Last sold
AED 578K · October 2010

About 1903, Executive Tower K (West Heights 3)

1903 is a two-bedroom apartment of 1,283 sqft on the 19th floor of Executive Tower K (West Heights 3), a 45-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 17 October 2010 for AED 577,500, or AED 450 per sqft, 54% below the AED 970 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 96,000 a year: a gross yield of 16.6% on the 2010 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical two-bed in Executive Tower K (West Heights 3)
1M2M20102014201820222026Typical sale price by year: 2010 AED 1,330,000; 2011 AED 1,109,000; 2012 AED 1,351,000; 2013 AED 1,928,000; 2014 AED 2,107,155; 2015 AED 1,465,000; 2016 AED 1,900,000; 2017 AED 2,109,473; 2018 AED 1,500,000; 2019 AED 1,450,000; 2020 AED 1,175,000; 2021 AED 1,450,000; 2022 AED 1,575,000; 2023 AED 1,650,000; 2024 AED 2,005,000; 2025 AED 1,980,000Sold by developer, October 2010: AED 577,500 (AED 450 per sqft)

1903 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1903, each contractTypical two-bed in Executive Tower K (West Heights 3)
100K150K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 119,325; 2015 AED 130,000; 2016 AED 130,000; 2017 AED 124,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 88,000; 2021 AED 85,000; 2022 AED 94,750; 2023 AED 109,828; 2024 AED 125,000; 2025 AED 136,791; 2026 AED 150,000New contract, September 2014: AED 132,000 a yearRenewal, September 2015: AED 132,000 a yearNew contract, December 2017: AED 113,000 a yearNew contract, December 2019: AED 95,000 a yearRenewal, December 2020: AED 84,000 a yearRenewal, March 2021: AED 79,000 a yearRenewal, March 2024: AED 115,104 a yearRenewal, August 2024: AED 96,000 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 K (West Heights 3), and where 1903 sits

All 90 2-beds →

1903 last sold in October 2010 at AED 450 per sqft, 54% below what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 970). Over the last 12 months two-beds sold for AED 2,350,000 to 2,580,000, around AED 1,379 per sqft, and rent for AED 108,197 to 172,500 a year. 1903's AED 96,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Feb 20262,580,000
23 Jan 20262,350,000
14 Jul 20252,600,000
29 May 20251,950,000
2 2-bed sales 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
19013-bedAED 3.76M · Feb 2025
19023-bedAED 2M · Aug 2012
19042-bedAED 1.99M · Aug 2013
19052-bedAED 1.74M · Jun 2022
19062-bedAED 578K · Oct 2010

1903, Executive Tower K (West Heights 3) in numbers

  • Sold once: by Dubai Properties on 17 October 2010 for AED 577,500, or AED 450 per sqft.
  • Rented since September 2014 on 8 Ejari contracts. The rent fell from AED 132,000 to AED 79,000 in 2021 and recovered to AED 96,000 by August 2024.
  • At AED 96,000 a year the gross yield on the 2010 price is 16.6%, before a service charge of about AED 20,100 a year (AED 15.68 per sqft).
  • Two-beds in Executive Tower K (West Heights 3) sold for AED 2,350,000–2,580,000 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 15 August 2024.

Questions about 1903, Executive Tower K (West Heights 3)

What did unit 1903 last sell for?

AED 577,500 on 17 October 2010, sold by the developer: AED 450 per sqft for 1,283 sqft. It is the only registered sale of the unit.

What is the rent for unit 1903?

AED 96,000 a year on the contract renewed on 15 August 2024. The previous contract, from March 2024, was AED 115,104; the unit has been rented since September 2014.

How big is unit 1903?

1,283 sqft (119.2 sqm): a two-bedroom apartment on the 19th floor of a 45-storey tower completed in 2009.

What is unit 1903 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 K (West Heights 3) sold for AED 2,350,000 to 2,580,000 in the last 12 months, around AED 1,379 per sqft.

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Mortgage on 1903, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 578K, 17 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 577,500
Deposit, UAE resident (20%)
AED 115,500
Deposit, non-resident (40%)
AED 231,000
Monthly over 25 years at 3.7%
AED 2,363

Plus AED 29,265 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →