3-bed · 2,198 sqftExecutive Tower K (West Heights 3), Business Bay · 5th floor · completed 2009

501, Executive Tower K (West Heights 3)

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 3.06M19 December 2013
Current rentAED 175K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Executive Tower K (West Heights 3)

What is 501 worth today?

Last sold for AED 3,060,000 in 2013

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1 Mar 2025RentedRenewal
AED 175,000/yr12 months · AED 80 per sqft
1 Dec 2024RentedRenewal
AED 144,149/yr3 months · AED 66 per sqft
1 Dec 2023RentedRenewal
AED 132,865/yr12 months · AED 61 per sqft
1 Dec 2022RentedRenewal
AED 122,865/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 115,385/yr13 months · AED 53 per sqft
1 Jan 2015RentedNew contract
AED 165,000/yr12 months · AED 75 per sqft
19 Dec 2013SoldReady
AED 3,060,000AED 1,392 per sqft
11 May 2010Sold by developerReady
AED 3,118,000AED 1,418 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
3-bed apartment
Size
2,198 sqft
Floor
5th of 45
Parking
KB - 21 & 22
Developer
Dubai Properties
Completed
2009
Service charge
AED 34,500 /yr
Last sold
AED 3.06M · December 2013

About 501, Executive Tower K (West Heights 3)

501 is a three-bedroom apartment of 2,198 sqft on the 5th 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 19 December 2013 for AED 3,060,000, or AED 1,392 per sqft, 20% above the AED 1,156 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 175,000 a year: a gross yield of 5.7% on the 2013 price, before the service charge of about AED 34,500 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, May 2010: AED 3,118,000 (AED 1,418 per sqft)Sold, December 2013: AED 3,060,000 (AED 1,392 per sqft)

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

Rents
Unit 501, 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, January 2015: AED 165,000 a yearNew contract, October 2019: AED 115,385 a yearRenewal, December 2022: AED 122,865 a yearRenewal, December 2023: AED 132,865 a yearRenewal, December 2024: AED 144,149 a yearRenewal, March 2025: AED 175,000 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 501 sits

All 63 3-beds →

501 last sold in December 2013 at AED 1,392 per sqft, 20% above what three-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 1,156). 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. 501's AED 175,000 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
5023-bedAED 2.73M · Feb 2017
5031-bedAED 1.03M · Oct 2021
504StudioAED 680K · Dec 2011
5051-bedAED 1.88M · Dec 2011
5062-bedAED 1.9M · Jul 2016
507StudioAED 1.02M · Sep 2010
5081-bedAED 1M · Feb 2018

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

  • Sold twice: first on 11 May 2010 for AED 3,118,000, last on 19 December 2013 for AED 3,060,000 (AED 1,392 per sqft).
  • Rented since January 2015 on 6 Ejari contracts. The rent fell from AED 165,000 to AED 115,385 in 2019 and recovered to AED 175,000 by March 2025.
  • At AED 175,000 a year the gross yield on the 2013 price is 5.7%, 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 1 March 2025.

Questions about 501, Executive Tower K (West Heights 3)

What did unit 501 last sell for?

AED 3,060,000 on 19 December 2013: AED 1,392 per sqft for 2,198 sqft. The unit has 2 registered sales; the first was AED 3,118,000 in May 2010.

What is the rent for unit 501?

AED 175,000 a year on the contract renewed on 1 March 2025. The previous contract, from December 2024, was AED 144,149; the unit has been rented since January 2015.

How big is unit 501?

2,198 sqft (204.2 sqm): a three-bedroom apartment on the 5th floor of a 45-storey tower completed in 2009.

What is unit 501 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 501, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 3.06M, 19 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,060,000
Deposit, UAE resident (20%)
AED 612,000
Deposit, non-resident (40%)
AED 1,224,000
Monthly over 25 years at 3.7%
AED 12,519

Plus AED 133,530 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →