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2-bed · 1,554 sqftExecutive Tower K (West Heights 3), Business Bay · 36th floor · completed 2009

3602, Executive Tower K (West Heights 3)

Sold prices and rental history: sold 4 times, last in August 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3602 · DLD and Ejari recordsUpdated 25 August 2022
Last soldAED 763K25 August 2022
Current rentAED 88K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3602, Executive Tower K (West Heights 3)

What is 3602 worth today?

Last sold for AED 762,500 in 2022

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25 Aug 2022SoldReady
AED 762,500AED 490 per sqft
5 Dec 2021RentedNew contract
AED 88,000/yr12 months · AED 57 per sqft
3 Sep 2020RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
3 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
22 Jan 2018SoldReady
AED 1,403,585AED 903 per sqft
1 Nov 2017RentedNew contract
AED 110,000/yr36 months · AED 71 per sqft
15 Jul 2016RentedRenewal
AED 113,000/yr12 months · AED 73 per sqft
15 Jul 2015RentedNew contract
AED 107,525/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2022.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
36th of 45
Parking
KG - 27
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,400 /yr
Last sold
AED 763K · August 2022
Building
Executive Tower K (West Heights 3)

About 3602, Executive Tower K (West Heights 3)

3602 is a two-bedroom apartment of 1,554 sqft on the 36th 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 25 August 2022 for AED 762,500, or AED 490 per sqft, 49% below the AED 963 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 December 2021, is AED 88,000 a year: a gross yield of 11.5% on the 2022 price, before the service charge of about AED 24,400 a year.

Sales and rents for 3602 over time

Sales
Unit 3602, 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, August 2011: AED 1,539,000 (AED 990 per sqft)Sold, September 2013: AED 2,144,520 (AED 1,380 per sqft)Sold, January 2018: AED 1,403,585 (AED 903 per sqft)Sold, August 2022: AED 762,500 (AED 490 per sqft)

3602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3602, 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, July 2014: AED 97,750 a yearNew contract, July 2015: AED 107,525 a yearRenewal, July 2016: AED 113,000 a yearNew contract, November 2017: AED 110,000 a yearNew contract, September 2019: AED 90,000 a yearRenewal, September 2020: AED 85,000 a yearNew contract, December 2021: AED 88,000 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 3602 sits

All 90 2-beds →

3602 last sold in August 2022 at AED 490 per sqft, 49% below what two-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 963). 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. 3602's AED 88,000 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 →

Other units on the 36th floor

All 234 units in Executive Tower K (West Heights 3)
Value
36012-bedAED 2.01M · Aug 2022
36032-bedAED 2.35M · Jul 2013
36042-bedAED 1.77M · Mar 2013

3602, Executive Tower K (West Heights 3) in numbers

  • Sold 4 times: first on 1 August 2011 for AED 1,539,000, last on 25 August 2022 for AED 762,500 (AED 490 per sqft).
  • Rented since July 2014 on 7 Ejari contracts, from AED 97,750 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2022 price is 11.5%, before a service charge of about AED 24,400 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 25 August 2022.

Questions about 3602, Executive Tower K (West Heights 3)

What did unit 3602 last sell for?

AED 762,500 on 25 August 2022: AED 490 per sqft for 1,554 sqft. The unit has 4 registered sales; the first was AED 1,539,000 in August 2011.

What is the rent for unit 3602?

AED 88,000 a year on the contract signed on 5 December 2021. The previous contract, from September 2020, was AED 85,000; the unit has been rented since July 2014.

How big is unit 3602?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 36th floor of a 45-storey tower completed in 2009.

What is unit 3602 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 3602, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 763K, 25 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 762,500
Deposit, UAE resident (20%)
AED 152,500
Deposit, non-resident (40%)
AED 305,000
Monthly over 25 years at 3.7%
AED 3,120

Plus AED 37,035 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →