1-bed · 1,276 sqftExecutive Tower K (West Heights 3), Business Bay · 5th floor · completed 2009

505, Executive Tower K (West Heights 3)

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.88M28 December 2011
Current rentAED 100K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Executive Tower K (West Heights 3)

What is 505 worth today?

Last sold for AED 1,878,000 in 2011

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1 Jul 2025RentedRenewal
AED 100,000/yr12 months · AED 78 per sqft
1 Jul 2024RentedRenewal
AED 85,000/yr12 months · AED 67 per sqft
1 Jul 2023RentedRenewal
AED 74,000/yr12 months · AED 58 per sqft
1 Jul 2022RentedRenewal
AED 68,000/yr12 months · AED 53 per sqft
1 Jul 2021RentedRenewal
AED 65,000/yr12 months · AED 51 per sqft
1 May 2018RentedNew contract
AED 105,000/yr12 months · AED 82 per sqft
1 May 2015RentedNew contract
AED 106,000/yr12 months · AED 83 per sqft
28 Dec 2011Sold by developerReady
AED 1,878,000AED 1,471 per sqft

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

Key facts

Type
1-bed apartment
Size
1,276 sqft
Floor
5th of 45
Parking
KB - 27
Developer
Dubai Properties
Completed
2009
Service charge
AED 20,000 /yr
Last sold
AED 1.88M · December 2011

About 505, Executive Tower K (West Heights 3)

505 is a one-bedroom apartment of 1,276 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. The developer sold it on 28 December 2011 for AED 1,878,000, or AED 1,471 per sqft, 102% above the AED 728 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 100,000 a year: a gross yield of 5.3% on the 2011 price, before the service charge of about AED 20,000 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Executive Tower K (West Heights 3)
1M1.5M2M2010201420182022Typical sale price by year: 2010 AED 890,000; 2011 AED 903,080; 2012 AED 800,000; 2013 AED 1,408,400; 2014 AED 1,550,000; 2015 AED 1,250,000; 2016 AED 1,300,000; 2017 AED 1,420,000; 2018 AED 1,060,000; 2021 AED 950,000; 2022 AED 1,040,000; 2024 AED 1,270,000Sold by developer, December 2011: AED 1,878,000 (AED 1,471 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Executive Tower K (West Heights 3)
75K100K2013201720212025Typical rent by year: 2013 AED 83,000; 2014 AED 86,600; 2015 AED 102,500; 2016 AED 95,000; 2017 AED 89,000; 2018 AED 80,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 63,000; 2022 AED 70,000; 2023 AED 80,375; 2024 AED 100,000; 2025 AED 103,000; 2026 AED 110,000New contract, May 2015: AED 106,000 a yearNew contract, May 2018: AED 105,000 a yearRenewal, July 2021: AED 65,000 a yearRenewal, July 2022: AED 68,000 a yearRenewal, July 2023: AED 74,000 a yearRenewal, July 2024: AED 85,000 a yearRenewal, July 2025: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Executive Tower K (West Heights 3), and where 505 sits

All 35 1-beds →

505 last sold in December 2011 at AED 1,471 per sqft, 102% above what one-beds in Executive Tower K (West Heights 3) were fetching at the time (AED 728). 505's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Mar 20251,300,000
26 Sep 20241,270,000
9 Sep 20241,400,000
16 May 20241,220,000
0 1-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
5013-bedAED 3.06M · Dec 2013
5023-bedAED 2.73M · Feb 2017
5031-bedAED 1.03M · Oct 2021
504StudioAED 680K · Dec 2011
5062-bedAED 1.9M · Jul 2016
507StudioAED 1.02M · Sep 2010
5081-bedAED 1M · Feb 2018

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

  • Sold once: by Dubai Properties on 28 December 2011 for AED 1,878,000, or AED 1,471 per sqft.
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 106,000 to AED 65,000 in 2021 and recovered to AED 100,000 by July 2025.
  • At AED 100,000 a year the gross yield on the 2011 price is 5.3%, before a service charge of about AED 20,000 a year (AED 15.68 per sqft).

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

Questions about 505, Executive Tower K (West Heights 3)

What did unit 505 last sell for?

AED 1,878,000 on 28 December 2011, sold by the developer: AED 1,471 per sqft for 1,276 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 100,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 85,000; the unit has been rented since May 2015.

How big is unit 505?

1,276 sqft (118.5 sqm): a one-bedroom apartment on the 5th floor of a 45-storey tower completed in 2009.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 505, Executive Tower K (West Heights 3)

Starts from the last sale price (AED 1.88M, 28 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,878,000
Deposit, UAE resident (20%)
AED 375,600
Deposit, non-resident (40%)
AED 751,200
Monthly over 25 years at 3.7%
AED 7,683

Plus AED 83,886 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →