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2-bed · 2,056 sqftExecutive Tower L (West Heights 2), Business Bay · 24th floor · completed 2009

2403, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 3 times, last in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 2.16M22 November 2012
Current rentAED 144K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Executive Tower L (West Heights 2)

What is 2403 worth today?

Last sold for AED 2,157,750 in 2012

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1 Oct 2024RentedRenewal
AED 144,000/yr12 months · AED 70 per sqft
1 Oct 2024RentedRenewal
AED 144,000/yr12 months · AED 70 per sqft
1 Oct 2022RentedRenewal
AED 120,000/yr12 months · AED 58 per sqft
1 Oct 2021RentedNew contract
AED 107,100/yr12 months · AED 52 per sqft
18 Sep 2020RentedRenewal
AED 100,350/yr12 months · AED 49 per sqft
18 Sep 2019RentedRenewal
AED 121,500/yr12 months · AED 59 per sqft
18 Sep 2018RentedNew contract
AED 130,000/yr12 months · AED 63 per sqft
18 Sep 2017RentedRenewal
AED 142,500/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
2,056 sqft
Floor
24th of 44
Parking
LM - 20
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,300 /yr
Last sold
AED 2.16M · November 2012
Building
Executive Tower L (West Heights 2)

About 2403, Executive Tower L (West Heights 2)

2403 is a two-bedroom apartment of 2,056 sqft on the 24th 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 2012 for AED 2,157,750, or AED 1,049 per sqft, in line with the AED 1,049 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 144,000 a year: a gross yield of 6.7% on the 2012 price, before the service charge of about AED 35,300 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical two-bed in Executive Tower L (West Heights 2)
1M2M2011201520192023Typical sale price by year: 2011 AED 1,954,075; 2012 AED 1,871,000; 2013 AED 2,170,000; 2014 AED 2,144,750; 2015 AED 2,100,000; 2016 AED 2,050,000; 2017 AED 2,144,750; 2022 AED 1,500,000; 2023 AED 1,179,054; 2024 AED 2,250,000Sold, August 2012: AED 1,670,000 (AED 812 per sqft)Sold by developer, August 2012: AED 2,540,830 (AED 1,235 per sqft)Sold, November 2012: AED 2,157,750 (AED 1,049 per sqft)

2403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, each contractTypical two-bed in Executive Tower L (West Heights 2)
100K150K2013201720212025Typical rent by year: 2013 AED 110,000; 2014 AED 140,000; 2015 AED 140,000; 2016 AED 150,000; 2017 AED 135,000; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 92,000; 2021 AED 88,000; 2022 AED 95,918; 2023 AED 111,668; 2024 AED 130,000; 2025 AED 140,000New contract, September 2013: AED 135,000 a yearNew contract, September 2014: AED 150,000 a yearNew contract, September 2015: AED 153,000 a yearRenewal, September 2016: AED 150,000 a yearRenewal, September 2017: AED 142,500 a yearNew contract, September 2018: AED 130,000 a yearRenewal, September 2019: AED 121,500 a yearRenewal, September 2020: AED 100,350 a yearNew contract, October 2021: AED 107,100 a yearRenewal, October 2022: AED 120,000 a yearRenewal, October 2024: AED 144,000 a yearRenewal, October 2024: AED 144,000 a year

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

2-beds in Executive Tower L (West Heights 2), and where 2403 sits

All 53 2-beds →

2403 last sold in November 2012 at AED 1,049 per sqft, in line with what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,049). Over the last 12 months two-beds sold for AED 2,425,000 to 2,585,000, around AED 1,479 per sqft, and rent for AED 114,345 to 152,000 a year. 2403's AED 144,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jan 20262,585,000
9 Oct 20242,350,000
23 Sep 20242,200,000
20 Sep 20242,375,000
2 2-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 24th floor

All 167 units in Executive Tower L (West Heights 2)
Value
24012-bedAED 2.05M · Jun 2011
2402AED 2.32M · Sep 2025
24042-bedAED 2.78M · May 2024

2403, Executive Tower L (West Heights 2) in numbers

  • Sold 3 times: first on 12 August 2012 for AED 2,540,830, last on 22 November 2012 for AED 2,157,750 (AED 1,049 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 135,000 to AED 100,350 in 2020 and recovered to AED 144,000 by October 2024.
  • At AED 144,000 a year the gross yield on the 2012 price is 6.7%, before a service charge of about AED 35,300 a year (AED 17.15 per sqft).
  • Two-beds in Executive Tower L (West Heights 2) sold for AED 2,425,000–2,585,000 in the 12 months to November 2026; the building's median across all types is AED 1,492 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Questions about 2403, Executive Tower L (West Heights 2)

What did unit 2403 last sell for?

AED 2,157,750 on 22 November 2012: AED 1,049 per sqft for 2,056 sqft. The unit has 3 registered sales; the first was AED 2,540,830 in August 2012.

What is the rent for unit 2403?

AED 144,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 144,000; the unit has been rented since September 2013.

How big is unit 2403?

2,056 sqft (191.0 sqm): a two-bedroom apartment on the 24th floor of a 44-storey tower completed in 2009.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower L (West Heights 2) sold for AED 2,425,000 to 2,585,000 in the last 12 months, around AED 1,479 per sqft.

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Mortgage on 2403, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.16M, 22 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,157,750
Deposit, UAE resident (20%)
AED 431,550
Deposit, non-resident (40%)
AED 863,100
Monthly over 25 years at 3.7%
AED 8,828

Plus AED 95,636 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →