3-bed · 2,197 sqftExecutive Tower K (West Heights 3), Business Bay · 23rd floor · completed 2009

2302, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 3 times, last in August 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 8 August 2019
Last soldAED 2.31M8 August 2019
Current rentAED 155K /yr12 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2302, Executive Tower K (West Heights 3)

What is 2302 worth today?

Last sold for AED 2,310,000 in 2019

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8 Aug 2019SoldReady
AED 2,310,000AED 1,051 per sqft
12 Feb 2019RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
12 Feb 2018RentedRenewal
AED 155,000/yr12 months · AED 71 per sqft
12 Feb 2017RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
7 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
28 Nov 2012SoldReady
AED 2,600,000AED 1,183 per sqft
13 Oct 2010Sold by developerReady
AED 2,480,000AED 1,128 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2019.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
23rd of 45
Parking
KM - 51 & 52
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,400 /yr
Last sold
AED 2.31M · August 2019

About 2302, Executive Tower K (West Heights 3)

2302 is a three-bedroom apartment of 2,197 sqft on the 23rd 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 8 August 2019 for AED 2,310,000, or AED 1,051 per sqft, in line with the AED 1,080 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 12 February 2019, is AED 155,000 a year: a gross yield of 6.7% on the 2019 price, before the service charge of about AED 34,400 a year.

Sales and rents for 2302 over time

Sales
Unit 2302, each saleTypical three-bed in Executive Tower K (West Heights 3)
2M3M20102014201820222026Typical sale price by year: 2010 AED 2,983,500; 2011 AED 2,005,000; 2012 AED 1,989,500; 2013 AED 2,900,500; 2014 AED 3,325,000; 2016 AED 2,950,000; 2017 AED 2,850,000; 2018 AED 2,475,000; 2019 AED 2,255,000; 2021 AED 2,250,000; 2022 AED 2,337,500; 2023 AED 2,640,000; 2024 AED 3,100,000; 2025 AED 3,625,000Sold by developer, October 2010: AED 2,480,000 (AED 1,128 per sqft)Sold, November 2012: AED 2,600,000 (AED 1,183 per sqft)Sold, August 2019: AED 2,310,000 (AED 1,051 per sqft)

2302 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2302, each contractTypical three-bed in Executive Tower K (West Heights 3)
150K200K2013201720212025Typical rent by year: 2013 AED 130,000; 2014 AED 170,000; 2015 AED 180,000; 2016 AED 175,000; 2017 AED 164,374; 2018 AED 155,000; 2019 AED 135,500; 2020 AED 124,410; 2021 AED 120,500; 2022 AED 135,000; 2023 AED 153,784; 2024 AED 170,001; 2025 AED 200,000; 2026 AED 220,000New contract, February 2015: AED 180,000 a yearRenewal, February 2017: AED 175,000 a yearRenewal, February 2018: AED 155,000 a yearRenewal, February 2019: AED 155,000 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 K (West Heights 3), and where 2302 sits

All 63 3-beds →

2302 last sold in August 2019 at AED 1,051 per sqft, in line with what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,080). Over the last 12 months three-beds sold for AED 3,750,000 to 4,000,000, around AED 1,763 per sqft, and rent for AED 176,195 to 280,000 a year. 2302's AED 155,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Feb 20263,750,000
5 Jan 20264,000,000
14 Jul 20253,700,000
19 May 20253,000,000
2 3-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
23013-bedAED 1.41M · Feb 2016
23032-bedAED 1.01M · Feb 2012
23042-bedAED 2.12M · Dec 2024
23052-bedAED 2.35M · Jan 2026
2306AED 540K · Dec 2012

2302, Executive Tower K (West Heights 3) in numbers

  • Sold 3 times: first on 13 October 2010 for AED 2,480,000, last on 8 August 2019 for AED 2,310,000 (AED 1,051 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 180,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2019 price is 6.7%, before a service charge of about AED 34,400 a year (AED 15.68 per sqft).
  • Three-beds in Executive Tower K (West Heights 3) sold for AED 3,750,000–4,000,000 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 8 August 2019.

Questions about 2302, Executive Tower K (West Heights 3)

What did unit 2302 last sell for?

AED 2,310,000 on 8 August 2019: AED 1,051 per sqft for 2,197 sqft. The unit has 3 registered sales; the first was AED 2,480,000 in October 2010.

What is the rent for unit 2302?

AED 155,000 a year on the contract renewed on 12 February 2019. The previous contract, from February 2018, was AED 155,000; the unit has been rented since February 2015.

How big is unit 2302?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 23rd floor of a 45-storey tower completed in 2009.

What is unit 2302 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 K (West Heights 3) sold for AED 3,750,000 to 4,000,000 in the last 12 months, around AED 1,763 per sqft.

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Mortgage on 2302, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 2.31M, 8 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,310,000
Deposit, UAE resident (20%)
AED 462,000
Deposit, non-resident (40%)
AED 924,000
Monthly over 25 years at 3.7%
AED 9,451

Plus AED 102,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →