1505, Executive Tower L (West Heights 2)
Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1505, Executive Tower L (West Heights 2)
What is 1505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,062 sqft
- Floor
- 15th of 44
- Parking
- LB - 95 & 96
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 35,400 /yr
- Last sold
- AED 2.62M · July 2011
About 1505, Executive Tower L (West Heights 2)
1505 is a three-bedroom apartment of 2,062 sqft on the 15th 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 12 July 2011 for AED 2,623,850, or AED 1,272 per sqft, 27% above the AED 999 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 200,000 a year: a gross yield of 7.6% on the 2011 price, before the service charge of about AED 35,400 a year.
Sales and rents for 1505 over time
1505 has sold once; the dashed line is the three-bed median of each year in the building.
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 1505 sits
All 39 3-beds →1505 last sold in July 2011 at AED 1,272 per sqft, 27% above what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 999). 1505's AED 200,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Jun 202525 June 2025 | 2,062 sqft | 3,200,000 | 1,551 | ||
| 20 Mar 202520 March 2025 | 2,069 sqft | 3,000,000 | 1,449 | ||
| 20 Aug 202420 August 2024 | 2,050 sqft | 3,150,000 | 1,536 | ||
| 9 Jan 20249 January 2024 | 2,062 sqft | 2,500,000 | 1,212 |
Executive Tower L (West Heights 2)
Building167 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%
Other units on the 15th floor
All 167 units in Executive Tower L (West Heights 2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 1,308 sqft | AED 1.37MAED 1,374,000 · Apr 2011April 2011 | 80,222 /yr | |
| 1502 | Studio | 808 sqft | AED 1.02MAED 1,015,220 · Nov 2015November 2015 | 93,700 /yr | |
| 1503 | 1-bed | 1,275 sqft | AED 1.79MAED 1,785,000 · Aug 2014August 2014 | 104,000 /yr | |
| 1504 | 2,062 sqft | AED 3MAED 3,000,000 · Aug 2025August 2025 | 200,000 /yr |
1505, Executive Tower L (West Heights 2) in numbers
- Sold once: by Dubai Properties on 12 July 2011 for AED 2,623,850, or AED 1,272 per sqft.
- Rented since December 2014 on 8 Ejari contracts. The rent fell from AED 195,000 to AED 105,000 in 2020 and recovered to AED 200,000 by November 2024.
- At AED 200,000 a year the gross yield on the 2011 price is 7.6%, 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 15 November 2024.
Questions about 1505, Executive Tower L (West Heights 2)
What did unit 1505 last sell for?
AED 2,623,850 on 12 July 2011, sold by the developer: AED 1,272 per sqft for 2,062 sqft. It is the only registered sale of the unit.
What is the rent for unit 1505?
AED 200,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 200,000; the unit has been rented since December 2014.
How big is unit 1505?
2,062 sqft (191.6 sqm): a three-bedroom apartment on the 15th floor of a 44-storey tower completed in 2009.
What is unit 1505 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 1505, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 2.62M, 12 July 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 2,623,850
- Deposit, UAE resident (20%)
- AED 524,770
- Deposit, non-resident (40%)
- AED 1,049,540
- Monthly over 25 years at 3.7%
- AED 10,735
Plus AED 115,212 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →