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3-bed · 2,062 sqftExecutive Tower L (West Heights 2), Business Bay · 4th floor · completed 2009

405, Executive Tower L (West Heights 2)

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 27 November 2023
Last soldAED 1.33M1 November 2017
Current rentAED 150K /yr27 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Executive Tower L (West Heights 2)

What is 405 worth today?

Last sold for AED 1,325,000 in 2017

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27 Nov 2023RentedNew contract
AED 150,000/yr12 months · AED 73 per sqft
1 Nov 2017SoldReady
AED 1,325,000AED 642 per sqft
15 Oct 2017RentedNew contract
AED 137,143/yr7 months · AED 67 per sqft
1 Jun 2017RentedRenewal
AED 170,000/yr12 months · AED 82 per sqft
1 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 82 per sqft
4 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 87 per sqft
6 Apr 2013RentedRenewal
AED 130,703/yr12 months · AED 63 per sqft
4 Apr 2012RentedNew contract
AED 114,365/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2023.

Key facts

Type
3-bed apartment
Size
2,062 sqft
Floor
4th of 44
Parking
LB - 13 & 14
Developer
Dubai Properties
Completed
2009
Service charge
AED 35,400 /yr
Last sold
AED 1.33M · November 2017
Building
Executive Tower L (West Heights 2)

About 405, Executive Tower L (West Heights 2)

405 is a three-bedroom apartment of 2,062 sqft on the 4th 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 1 November 2017 for AED 1,325,000, or AED 642 per sqft, 50% below the AED 1,272 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 27 November 2023, is AED 150,000 a year: a gross yield of 11.3% on the 2017 price, before the service charge of about AED 35,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical three-bed in Executive Tower L (West Heights 2)
2M3M2011201520192023Typical 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, April 2011: AED 1,959,000 (AED 950 per sqft)Sold, November 2017: AED 1,325,000 (AED 642 per sqft)

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

Rents
Unit 405, each contractTypical three-bed in Executive Tower L (West Heights 2)
100K150K2012201620202024Typical 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, April 2012: AED 114,365 a yearRenewal, April 2013: AED 130,703 a yearNew contract, April 2015: AED 180,000 a yearNew contract, June 2016: AED 170,000 a yearRenewal, June 2017: AED 170,000 a yearNew contract, October 2017: AED 137,143 a yearNew contract, November 2023: AED 150,000 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 405 sits

All 39 3-beds →

405 last sold in November 2017 at AED 642 per sqft, 50% below what three-beds in Executive Tower L (West Heights 2) were fetching at the time (AED 1,272). 405's AED 150,000 is at the bottom 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
9 Jan 20242,500,000
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 4th floor

All 167 units in Executive Tower L (West Heights 2)
Value
4011-bedAED 1.3M · Apr 2024
402StudioAED 768K · Apr 2011
4031-bedAED 1.11M · Jun 2022
4043-bedAED 1.96M · Apr 2011

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

  • Sold twice: first on 11 April 2011 for AED 1,959,000, last on 1 November 2017 for AED 1,325,000 (AED 642 per sqft).
  • Rented since April 2012 on 7 Ejari contracts, from AED 114,365 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 11.3%, 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 27 November 2023.

Questions about 405, Executive Tower L (West Heights 2)

What did unit 405 last sell for?

AED 1,325,000 on 1 November 2017: AED 642 per sqft for 2,062 sqft. The unit has 2 registered sales; the first was AED 1,959,000 in April 2011.

What is the rent for unit 405?

AED 150,000 a year on the contract signed on 27 November 2023. The previous contract, from October 2017, was AED 137,143; the unit has been rented since April 2012.

How big is unit 405?

2,062 sqft (191.6 sqm): a three-bedroom apartment on the 4th floor of a 44-storey tower completed in 2009.

What is unit 405 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 405, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.33M, 1 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →