1703, Executive Tower L (West Heights 2)
Sold prices and rental history: sold 3 times, last in November 2022, 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 1703, Executive Tower L (West Heights 2)
What is 1703 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,280 sqft
- Floor
- 17th of 44
- Parking
- LB - 106
- Developer
- Dubai Properties
- Completed
- 2009
- Service charge
- AED 22,000 /yr
- Last sold
- AED 1.18M · November 2022
About 1703, Executive Tower L (West Heights 2)
1703 is a one-bedroom apartment of 1,280 sqft on the 17th 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 22 November 2022 for AED 1,175,000, or AED 917 per sqft, 7% above the AED 854 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 25 May 2021, is AED 58,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 22,000 a year.
Sales and rents for 1703 over time
1703 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1703 sits
All 32 1-beds →1703 last sold in November 2022 at AED 917 per sqft, 7% above what one-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 854). 1703's AED 58,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jan 202522 January 2025 | 1,275 sqft | 1,500,000 | 1,176 | ||
| 21 May 202421 May 2024 | 1,308 sqft | 1,435,000 | 1,097 | ||
| 1 Apr 20241 April 2024 | 1,308 sqft | 1,300,000 | 993 | ||
| 1 Apr 20241 April 2024 | 1,275 sqft | 1,300,000 | 1,019 |
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 17th floor
All 167 units in Executive Tower L (West Heights 2)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 1-bed | 1,316 sqft | AED 1.12MAED 1,120,000 · Jun 2023June 2023 | 110,250 /yr | |
| 1702 | Studio | 808 sqft | AED 1MAED 1,000,000 · Feb 2024February 2024 | 54,027 /yr | |
| 1704 | 3-bed | 2,069 sqft | AED 2.2MAED 2,200,000 · Jul 2022July 2022 | 135,000 /yr | |
| 1705 | 3-bed | 2,062 sqft | AED 2.38MAED 2,375,000 · Jul 2023July 2023 | 133,259 /yr |
1703, Executive Tower L (West Heights 2) in numbers
- Sold 3 times: first on 15 October 2012 for AED 1,026,000, last on 22 November 2022 for AED 1,175,000 (AED 917 per sqft).
- Rented since February 2014 on 7 Ejari contracts, from AED 100,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 22,000 a year (AED 17.15 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 22 November 2022.
Questions about 1703, Executive Tower L (West Heights 2)
What did unit 1703 last sell for?
AED 1,175,000 on 22 November 2022: AED 917 per sqft for 1,280 sqft. The unit has 3 registered sales; the first was AED 1,026,000 in October 2012.
What is the rent for unit 1703?
AED 58,000 a year on the contract renewed on 25 May 2021. The previous contract, from May 2020, was AED 60,000; the unit has been rented since February 2014.
How big is unit 1703?
1,280 sqft (118.9 sqm): a one-bedroom apartment on the 17th floor of a 44-storey tower completed in 2009.
What is unit 1703 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 1703, Executive Tower L (West Heights 2)
Starts from the last sale price (AED 1.18M, 22 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,175,000
- Deposit, UAE resident (20%)
- AED 235,000
- Deposit, non-resident (40%)
- AED 470,000
- Monthly over 25 years at 3.7%
- AED 4,807
Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →