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3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 3rd floor · completed 2009

304, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 5 times, last in January 2024, and rented once, from November 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 9 January 2024
Last soldAED 2.5M9 January 2024
Current rentAED 200K /yr23 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Executive Tower L (West Heights 2)

What is 304 worth today?

Last sold for AED 2,500,000 in 2024

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9 Jan 2024SoldReady
AED 2,500,000AED 1,212 per sqft
30 Jun 2016SoldReady
AED 2,600,000AED 1,260 per sqft
23 Nov 2014RentedNew contract
AED 200,000/yr24 months · AED 97 per sqft
22 Jul 2013SoldReady
AED 2,540,000AED 1,231 per sqft
12 Jun 2012SoldReady
AED 1,750,000AED 848 per sqft
4 May 2011Sold by developerReady
AED 1,856,000AED 900 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 January 2024.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
3rd of 44
Parking
LB - 4 & 5
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 2.5M · January 2024
Building
Executive Tower L (West Heights 2)

About 304, Executive Tower L (West Heights 2)

304 is a three-bedroom apartment of 2,062 sqft on the 3rd 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 9 January 2024 for AED 2,500,000, or AED 1,212 per sqft, 5% above the AED 1,151 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 November 2014. The current contract, signed on 23 November 2014, is AED 200,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 35,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M2.5M3M2011201520192023Typical sale price by year: 2011 AED 2,062,000; 2012 AED 2,030,000; 2013 AED 2,520,000; 2014 AED 2,786,925; 2015 AED 2,820,000; 2016 AED 2,800,000; 2017 AED 2,623,850; 2023 AED 2,330,000Sold by developer, May 2011: AED 1,856,000 (AED 900 per sqft)Sold, June 2012: AED 1,750,000 (AED 848 per sqft)Sold, July 2013: AED 2,540,000 (AED 1,231 per sqft)Sold, June 2016: AED 2,600,000 (AED 1,260 per sqft)Sold, January 2024: AED 2,500,000 (AED 1,212 per sqft)

304 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 304, each contractTypical three-bed in Executive Tower L (West Heights 2)
100K150K200K2012201620202024Typical rent by year: 2012 AED 109,683; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 170,000; 2017 AED 165,000; 2018 AED 150,000; 2019 AED 135,000; 2020 AED 119,000; 2021 AED 119,125; 2022 AED 129,321; 2023 AED 137,679; 2024 AED 170,000; 2025 AED 177,502New contract, November 2014: AED 200,000 a year

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 304 sits

All 39 3-beds →

304 last sold in January 2024 at AED 1,212 per sqft, 5% above what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,151). 304's AED 200,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Jun 20253,200,000
20 Mar 20253,000,000
20 Aug 20243,150,000
15 Sep 20232,433,000
0 3-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 3rd floor

All 167 units in Executive Tower L (West Heights 2)
Value
3011-bedAED 1.18M · Jun 2015
302StudioAED 1M · Mar 2014
3031-bedAED 1.66M · Jan 2023
3053-bedAED 2.2M · Jul 2023

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

  • Sold 5 times: first on 4 May 2011 for AED 1,856,000, last on 9 January 2024 for AED 2,500,000 (AED 1,212 per sqft).
  • Rented since November 2014 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2024 price is 8.0%, 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 9 January 2024.

Questions about 304, Executive Tower L (West Heights 2)

What did unit 304 last sell for?

AED 2,500,000 on 9 January 2024: AED 1,212 per sqft for 2,062 sqft. The unit has 5 registered sales; the first was AED 1,856,000 in May 2011.

What is the rent for unit 304?

AED 200,000 a year on the contract signed on 23 November 2014.

How big is unit 304?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 3rd floor of a 44-storey tower completed in 2009.

What is unit 304 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 304, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.5M, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →