3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 14th floor · completed 2009

1404, Executive Tower L (West Heights 2)

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

Unit 1404 · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 1.95M27 July 2015
Current rentAED 175K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Executive Tower L (West Heights 2)

What is 1404 worth today?

Last sold for AED 1,949,000 in 2015

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1 Jan 2025RentedRenewal
AED 175,004/yr10 months · AED 85 per sqft
1 Mar 2024RentedRenewal
AED 170,000/yr10 months · AED 82 per sqft
1 Jan 2023RentedRenewal
AED 121,275/yr12 months · AED 59 per sqft
1 Jan 2022RentedRenewal
AED 110,250/yr12 months · AED 53 per sqft
11 Dec 2019RentedRenewal
AED 130,000/yr12 months · AED 63 per sqft
11 Dec 2018RentedRenewal
AED 140,000/yr12 months · AED 68 per sqft
11 Dec 2016RentedNew contract
AED 165,000/yr12 months · AED 80 per sqft
26 Nov 2015RentedNew contract
AED 175,000/yr12 months · AED 85 per sqft

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

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
14th of 44
Parking
LB - 86 & 87
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 1.95M · July 2015

About 1404, Executive Tower L (West Heights 2)

1404 is a three-bedroom apartment of 2,062 sqft on the 14th floor of Executive Tower L (West Heights 2), a 44-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 27 July 2015 for AED 1,949,000, or AED 945 per sqft, 18% below the AED 1,156 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 175,004 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 35,400 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M2.5M2011201520192023Typical sale price by year: 2011 AED 2,062,000; 2012 AED 2,030,000; 2013 AED 2,520,000; 2014 AED 2,786,925; 2015 AED 2,820,000; 2016 AED 2,800,000; 2017 AED 2,623,850; 2023 AED 2,330,000Sold by developer, July 2015: AED 1,949,000 (AED 945 per sqft)

1404 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1404, each contractTypical three-bed in Executive Tower L (West Heights 2)
100K150K2012201620202024Typical rent by year: 2012 AED 109,683; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 119,000; 2021 AED 119,125; 2022 AED 129,321; 2023 AED 137,679; 2024 AED 170,000; 2025 AED 177,502New contract, October 2013: AED 150,000 a yearNew contract, September 2014: AED 149,171 a yearNew contract, November 2015: AED 175,000 a yearNew contract, December 2016: AED 165,000 a yearRenewal, December 2018: AED 140,000 a yearRenewal, December 2019: AED 130,000 a yearRenewal, January 2022: AED 110,250 a yearRenewal, January 2023: AED 121,275 a yearRenewal, March 2024: AED 170,000 a yearRenewal, January 2025: AED 175,004 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 L (West Heights 2), and where 1404 sits

All 39 3-beds →

1404 last sold in July 2015 at AED 945 per sqft, 18% below what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,156). 1404's AED 175,004 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Jun 20253,200,000
20 Mar 20253,000,000
20 Aug 20243,150,000
9 Jan 20242,500,000
0 3-bed sales in the last 12 months

Executive Tower L (West Heights 2)

Building

167 apartments, studios to 4-bed over 44 floors in Business Bay, completed in 2009 by Dubai Properties. 3 sold in the last 12 months.

Typical price per sqft
AED 1,492
Typical sale
AED 2.59M
Typical rent
AED 118K /yr
Typical yield
5.4%
Executive Tower L (West Heights 2), Business Bay: prices, sales and rents →
Value
14011-bedAED 1.9M · May 2014
1402StudioAED 1.02M · Oct 2012
14031-bedAED 765K · Oct 2011
14053-bedAED 2.8M · Dec 2016

1404, Executive Tower L (West Heights 2) in numbers

  • Sold once: by Dubai Properties on 27 July 2015 for AED 1,949,000, or AED 945 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 110,250 in 2022 and recovered to AED 175,004 by January 2025.
  • At AED 175,004 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 35,400 a year (AED 17.15 per sqft).

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

Questions about 1404, Executive Tower L (West Heights 2)

What did unit 1404 last sell for?

AED 1,949,000 on 27 July 2015, sold by the developer: AED 945 per sqft for 2,062 sqft. It is the only registered sale of the unit.

What is the rent for unit 1404?

AED 175,004 a year on the contract renewed on 1 January 2025. The previous contract, from March 2024, was AED 170,000; the unit has been rented since October 2013.

How big is unit 1404?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 14th floor of a 44-storey tower completed in 2009.

What is unit 1404 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 1404, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.95M, 27 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,949,000
Deposit, UAE resident (20%)
AED 389,800
Deposit, non-resident (40%)
AED 779,600
Monthly over 25 years at 3.7%
AED 7,974

Plus AED 86,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →