4-bed · 1,735 sqftExecutive Tower L (West Heights 2), Business Bay · 40th floor · completed 2009

4002, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in May 2011, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 20 April 2022
Last soldAED 4.46M1 May 2011
Current rentAED 90K /yr20 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Executive Tower L (West Heights 2)

What is 4002 worth today?

Last sold for AED 4,458,080 in 2011

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20 Apr 2022RentedNew contract
AED 90,000/yr12 months · AED 26 per sqft
1 May 2011Sold by developerReady
AED 4,458,080AED 1,284 per sqft
1 May 2011SoldReady
AED 2,307,550AED 665 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2022.

Key facts

Type
4-bed apartment
Size
1,735 sqft
Floor
40th of 44
Parking
LM - 82 & 83
Developer
Dubai Properties
Completed
2009
Service charge
AED 29,800 /yr
Last sold
AED 4.46M · May 2011

About 4002, Executive Tower L (West Heights 2)

4002 is a four-bedroom apartment of 1,735 sqft on the 40th 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 1 May 2011 for AED 4,458,080, or AED 1,284 per sqft.

One Ejari contract is registered, from 20 April 2022. The current contract, signed on 20 April 2022, is AED 90,000 a year: a gross yield of 2.0% on the 2011 price, before the service charge of about AED 29,800 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical four-bed in Executive Tower L (West Heights 2)
2M4M2011201320152017Typical sale price by year: 2011 AED 3,035,375; 2012 AED 3,394,000; 2013 AED 4,087,500; 2014 AED 5,000,000; 2017 AED 4,350,000Sold by developer, May 2011: AED 4,458,080 (AED 1,284 per sqft)Sold, May 2011: AED 2,307,550 (AED 665 per sqft)

4002 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 4002, each contractTypical four-bed in Executive Tower L (West Heights 2)
200K2013201720212025Typical rent by year: 2013 AED 175,000; 2015 AED 209,500; 2017 AED 223,000; 2018 AED 215,000; 2020 AED 167,500; 2021 AED 175,000; 2022 AED 193,750; 2023 AED 250,000; 2024 AED 306,837; 2025 AED 325,000New contract, April 2022: AED 90,000 a year

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

4-beds in Executive Tower L (West Heights 2), and where 4002 sits

All 16 4-beds →

Over the last 12 months four-beds sold for AED 5,116,943, around AED 1,492 per sqft, and rent for AED 320,000 to 320,000 a year.

Recent 4-bed salesUnit no.Price (AED)Summary
28 Jan 20265,116,943
7 Feb 20255,300,000
18 Mar 20244,600,000
8 Nov 20235,400,000
1 4-bed sale 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
40014-bedAED 4.6M · Mar 2024

4002, Executive Tower L (West Heights 2) in numbers

  • Sold twice: first on 1 May 2011 for AED 2,307,550, last on 1 May 2011 for AED 4,458,080 (AED 1,284 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2011 price is 2.0%, before a service charge of about AED 29,800 a year (AED 17.15 per sqft).
  • Four-beds in Executive Tower L (West Heights 2) sold for AED 5,116,943–5,116,943 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 April 2022.

Questions about 4002, Executive Tower L (West Heights 2)

What did unit 4002 last sell for?

AED 4,458,080 on 1 May 2011, sold by the developer: AED 1,284 per sqft for 1,735 sqft. The unit has 2 registered sales; the first was AED 2,307,550 in May 2011.

What is the rent for unit 4002?

AED 90,000 a year on the contract signed on 20 April 2022.

How big is unit 4002?

1,735 sqft (161.2 sqm): a four-bedroom apartment on the 40th floor of a 44-storey tower completed in 2009.

What is unit 4002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Executive Tower L (West Heights 2) sold for AED 5,116,943 to 5,116,943 in the last 12 months, around AED 1,492 per sqft.

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Mortgage on 4002, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 4.46M, 1 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 4,458,080
Deposit, UAE resident (20%)
AED 891,616
Deposit, non-resident (40%)
AED 1,783,232
Monthly over 25 years at 3.7%
AED 18,239

Plus AED 192,249 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →