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1-bed · 1,316 sqftExecutive Tower L (West Heights 2), Business Bay · 16th floor · completed 2009

1601, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in November 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 10 November 2020
Last soldAED 1.02M10 November 2020
Current rentAED 77K /yr16 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Executive Tower L (West Heights 2)

What is 1601 worth today?

Last sold for AED 1,020,000 in 2020

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10 Nov 2020SoldReady
AED 1,020,000AED 775 per sqft
16 Apr 2019RentedNew contract
AED 77,000/yr12 months · AED 59 per sqft
3 Mar 2018RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
3 Mar 2016RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
11 Apr 2012Sold by developerReady
AED 1,316,000AED 999 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2020.

Key facts

Type
1-bed apartment
Size
1,316 sqft
Floor
16th of 44
Parking
LB - 97
Developer
Dubai Properties
Completed
2009
Service charge
AED 22,600 /yr
Last sold
AED 1.02M · November 2020
Building
Executive Tower L (West Heights 2)

About 1601, Executive Tower L (West Heights 2)

1601 is a one-bedroom apartment of 1,316 sqft on the 16th floor of Executive Tower L (West Heights 2), a 44-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 10 November 2020 for AED 1,020,000, or AED 775 per sqft, 14% above the AED 678 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 16 April 2019, is AED 77,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 22,600 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Executive Tower L (West Heights 2)
1M1.5M2011201520192023Typical sale price by year: 2011 AED 1,570,000; 2012 AED 1,316,000; 2013 AED 1,308,000; 2014 AED 1,785,000; 2015 AED 1,580,080; 2022 AED 1,100,000; 2023 AED 1,135,000; 2024 AED 1,300,000Sold by developer, April 2012: AED 1,316,000 (AED 999 per sqft)Sold, November 2020: AED 1,020,000 (AED 775 per sqft)

1601 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in Executive Tower L (West Heights 2)
75K100K2013201720212025Typical rent by year: 2013 AED 75,455; 2014 AED 100,000; 2015 AED 101,000; 2016 AED 100,000; 2017 AED 90,000; 2018 AED 84,500; 2019 AED 75,000; 2020 AED 62,500; 2021 AED 62,000; 2022 AED 66,150; 2023 AED 71,465; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 100,000New contract, March 2016: AED 110,000 a yearRenewal, March 2018: AED 110,000 a yearNew contract, April 2019: AED 77,000 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 L (West Heights 2), and where 1601 sits

All 32 1-beds →

1601 last sold in November 2020 at AED 775 per sqft, 14% above what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 678). 1601's AED 77,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20251,500,000
21 May 20241,435,000
1 Apr 20241,300,000
1 Apr 20241,300,000
0 1-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 →

Other units on the 16th floor

All 167 units in Executive Tower L (West Heights 2)
Value
1602AED 1.11M · Aug 2025
16031-bedAED 1.58M · Mar 2011
16043-bedAED 3M · Mar 2025
16053-bedAED 1.6M · Jun 2015

1601, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 11 April 2012 for AED 1,316,000, last on 10 November 2020 for AED 1,020,000 (AED 775 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 110,000 to AED 77,000 a year.
  • At AED 77,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 22,600 a year (AED 17.15 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2020.

Questions about 1601, Executive Tower L (West Heights 2)

What did unit 1601 last sell for?

AED 1,020,000 on 10 November 2020: AED 775 per sqft for 1,316 sqft. The unit has 2 registered sales; the first was AED 1,316,000 in April 2012.

What is the rent for unit 1601?

AED 77,000 a year on the contract signed on 16 April 2019. The previous contract, from March 2018, was AED 110,000; the unit has been rented since March 2016.

How big is unit 1601?

1,316 sqft (122.3 sqm): a one-bedroom apartment on the 16th floor of a 44-storey tower completed in 2009.

What is unit 1601 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 1601, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.02M, 10 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →