2-bed · 1,575 sqftExecutive Tower L (West Heights 2), Business Bay · 27th floor · completed 2009

2702, Executive Tower L (West Heights 2)

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2702 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 2M9 January 2017
Current rentAED 136K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2702, Executive Tower L (West Heights 2)

What is 2702 worth today?

Last sold for AED 2,002,150 in 2017

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5 Dec 2024RentedNew contract
AED 136,000/yr12 months · AED 86 per sqft
5 Dec 2023RentedNew contract
AED 97,020/yr12 months · AED 62 per sqft
5 Dec 2022RentedRenewal
AED 92,400/yr12 months · AED 59 per sqft
5 Dec 2021RentedRenewal
AED 88,000/yr12 months · AED 56 per sqft
5 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
9 Jan 2017Sold by developerReady
AED 2,002,150AED 1,271 per sqft
15 Jan 2015RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft
15 Jan 2014RentedNew contract
AED 135,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,575 sqft
Floor
27th of 44
Parking
LM - 31
Developer
Dubai Properties
Completed
2009
Service charge
AED 27,000 /yr
Last sold
AED 2M · January 2017

About 2702, Executive Tower L (West Heights 2)

2702 is a two-bedroom apartment of 1,575 sqft on the 27th 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 9 January 2017 for AED 2,002,150, or AED 1,271 per sqft, in line with the AED 1,269 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 December 2024, is AED 136,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 27,000 a year.

Sales and rents for 2702 over time

Sales
Unit 2702, each saleTypical two-bed in Executive Tower L (West Heights 2)
1M1.5M2M2011201520192023Typical 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 by developer, January 2017: AED 2,002,150 (AED 1,271 per sqft)

2702 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2702, 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, January 2014: AED 135,000 a yearNew contract, January 2015: AED 135,000 a yearNew contract, December 2020: AED 80,000 a yearRenewal, December 2021: AED 88,000 a yearRenewal, December 2022: AED 92,400 a yearNew contract, December 2023: AED 97,020 a yearNew contract, December 2024: AED 136,000 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 2702 sits

All 53 2-beds →

2702 last sold in January 2017 at AED 1,271 per sqft, in line with what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,269). 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. 2702's AED 136,000 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 →
Value
27012-bedAED 2.05M · Jan 2017
27032-bedAED 2.24M · Jan 2017
27042-bedAED 2.24M · Jan 2017

2702, Executive Tower L (West Heights 2) in numbers

  • Sold once: by Dubai Properties on 9 January 2017 for AED 2,002,150, or AED 1,271 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 136,000 by December 2024.
  • At AED 136,000 a year the gross yield on the 2017 price is 6.8%, before a service charge of about AED 27,000 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 5 December 2024.

Questions about 2702, Executive Tower L (West Heights 2)

What did unit 2702 last sell for?

AED 2,002,150 on 9 January 2017, sold by the developer: AED 1,271 per sqft for 1,575 sqft. It is the only registered sale of the unit.

What is the rent for unit 2702?

AED 136,000 a year on the contract signed on 5 December 2024. The previous contract, from December 2023, was AED 97,020; the unit has been rented since January 2014.

How big is unit 2702?

1,575 sqft (146.3 sqm): a two-bedroom apartment on the 27th floor of a 44-storey tower completed in 2009.

What is unit 2702 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 2702, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2M, 9 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,002,150
Deposit, UAE resident (20%)
AED 400,430
Deposit, non-resident (40%)
AED 800,860
Monthly over 25 years at 3.7%
AED 8,191

Plus AED 89,100 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →