3-bed · 2,198 sqftExecutive Tower K (West Heights 3), Business Bay · 3rd floor · completed 2009

301, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in July 2012, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 26 April 2024
Last soldAED 1.7M8 July 2012
Current rentAED 195K /yr26 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Executive Tower K (West Heights 3)

What is 301 worth today?

Last sold for AED 1,700,000 in 2012

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26 Apr 2024RentedRenewal
AED 195,000/yr12 months · AED 89 per sqft
26 Apr 2023RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
26 Apr 2022RentedRenewal
AED 126,500/yr12 months · AED 58 per sqft
26 Apr 2021RentedRenewal
AED 115,000/yr12 months · AED 52 per sqft
26 Apr 2020RentedNew contract
AED 126,500/yr12 months · AED 58 per sqft
8 Jul 2012SoldReady
AED 1,700,000AED 773 per sqft
4 Jul 2012Sold by developerReady
AED 1,979,000AED 900 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 April 2024.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
3rd of 45
Parking
KB - 1 & 2
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 1.7M · July 2012

About 301, Executive Tower K (West Heights 3)

301 is a three-bedroom apartment of 2,198 sqft on the 3rd 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 July 2012 for AED 1,700,000, or AED 773 per sqft, 4% below the AED 803 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 26 April 2024, is AED 195,000 a year: a gross yield of 11.5% on the 2012 price, before the service charge of about AED 34,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, July 2012: AED 1,700,000 (AED 773 per sqft)Sold by developer, July 2012: AED 1,979,000 (AED 900 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in Executive Tower K (West Heights 3)
100K150K200K2013201720212025Typical 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, April 2020: AED 126,500 a yearRenewal, April 2021: AED 115,000 a yearRenewal, April 2022: AED 126,500 a yearRenewal, April 2023: AED 175,000 a yearRenewal, April 2024: AED 195,000 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 301 sits

All 63 3-beds →

301 last sold in July 2012 at AED 773 per sqft, 4% below what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 803). 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. 301's AED 195,000 is in the lower half 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
3023-bedAED 2.59M · Jun 2018
3031-bedAED 1.06M · Oct 2018
304StudioAED 1.35M · Feb 2026
3051-bedAED 1.13M · Oct 2022
3062-bedAED 2.2M · Feb 2014
307StudioAED 740K · Mar 2020
3081-bedAED 1.49M · Jun 2010

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

  • Sold twice: first on 4 July 2012 for AED 1,979,000, last on 8 July 2012 for AED 1,700,000 (AED 773 per sqft).
  • Rented since April 2020 on 5 Ejari contracts, from AED 126,500 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2012 price is 11.5%, before a service charge of about AED 34,500 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 26 April 2024.

Questions about 301, Executive Tower K (West Heights 3)

What did unit 301 last sell for?

AED 1,700,000 on 8 July 2012: AED 773 per sqft for 2,198 sqft. The unit has 2 registered sales; the first was AED 1,979,000 in July 2012.

What is the rent for unit 301?

AED 195,000 a year on the contract renewed on 26 April 2024. The previous contract, from April 2023, was AED 175,000; the unit has been rented since April 2020.

How big is unit 301?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 3rd floor of a 45-storey tower completed in 2009.

What is unit 301 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 301, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.7M, 8 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →