2-bed · 1,770 sqftExecutive Tower L (West Heights 2), Business Bay · 34th floor · completed 2009

3403, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3403 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 2.38M20 September 2024
Current rentAED 110K /yr5 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3403, Executive Tower L (West Heights 2)

What is 3403 worth today?

Last sold for AED 2,375,000 in 2024

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20 Sep 2024SoldReady
AED 2,375,000AED 1,341 per sqft
5 May 2024RentedRenewal
AED 110,000/yr12 months · AED 62 per sqft
5 May 2023RentedRenewal
AED 100,000/yr12 months · AED 57 per sqft
5 Nov 2021RentedRenewal
AED 90,000/yr6 months · AED 51 per sqft
30 Nov 2019RentedRenewal
AED 117,000/yr6 months · AED 66 per sqft
30 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
30 Nov 2017RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
23 Aug 2017RentedRenewal
AED 150,000/yr12 months · AED 85 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2024.

Key facts

Type
2-bed apartment
Size
1,770 sqft
Floor
34th of 44
Parking
LM - 60
Developer
Dubai Properties
Completed
2009
Service charge
AED 30,400 /yr
Last sold
AED 2.38M · September 2024

About 3403, Executive Tower L (West Heights 2)

3403 is a two-bedroom apartment of 1,770 sqft on the 34th 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 20 September 2024 for AED 2,375,000, or AED 1,341 per sqft, 6% above the AED 1,271 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 May 2024, is AED 110,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 30,400 a year.

Sales and rents for 3403 over time

Sales
Unit 3403, 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 by developer, July 2013: AED 2,243,860 (AED 1,267 per sqft)Sold, October 2013: AED 2,700,000 (AED 1,525 per sqft)Sold, September 2024: AED 2,375,000 (AED 1,341 per sqft)

3403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3403, 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, August 2014: AED 150,000 a yearRenewal, August 2016: AED 150,000 a yearRenewal, August 2017: AED 150,000 a yearNew contract, November 2017: AED 130,000 a yearNew contract, November 2018: AED 130,000 a yearRenewal, November 2019: AED 117,000 a yearRenewal, November 2021: AED 90,000 a yearRenewal, May 2023: AED 100,000 a yearRenewal, May 2024: AED 110,000 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 3403 sits

All 53 2-beds →

3403 last sold in September 2024 at AED 1,341 per sqft, 6% above what two-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,271). 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. 3403's AED 110,000 is at the bottom 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
24 Jul 20242,900,000
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
3401AED 2.43M · Nov 2025
34022-bedAED 1.56M · May 2011
34042-bedAED 2.25M · May 2024

3403, Executive Tower L (West Heights 2) in numbers

  • Sold 3 times: first on 30 July 2013 for AED 2,243,860, last on 20 September 2024 for AED 2,375,000 (AED 1,341 per sqft).
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2021 and recovered to AED 110,000 by May 2024.
  • At AED 110,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 30,400 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 20 September 2024.

Questions about 3403, Executive Tower L (West Heights 2)

What did unit 3403 last sell for?

AED 2,375,000 on 20 September 2024: AED 1,341 per sqft for 1,770 sqft. The unit has 3 registered sales; the first was AED 2,243,860 in July 2013.

What is the rent for unit 3403?

AED 110,000 a year on the contract renewed on 5 May 2024. The previous contract, from May 2023, was AED 100,000; the unit has been rented since August 2014.

How big is unit 3403?

1,770 sqft (164.4 sqm): a two-bedroom apartment on the 34th floor of a 44-storey tower completed in 2009.

What is unit 3403 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 3403, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 2.38M, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

Plus AED 104,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →