Studio · 808 sqftExecutive Tower L (West Heights 2), Business Bay · 5th floor · completed 2009

502, Executive Tower L (West Heights 2)

Sold prices and rental history: sold once, by the developer in April 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 768K11 April 2011
Current rentAED 75K /yr10 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Executive Tower L (West Heights 2)

What is 502 worth today?

Last sold for AED 768,000 in 2011

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10 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 93 per sqft
10 Jul 2024RentedNew contract
AED 75,000/yr12 months · AED 93 per sqft
20 Dec 2022RentedRenewal
AED 50,400/yr12 months · AED 62 per sqft
20 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
3 Nov 2020RentedRenewal
AED 47,000/yr12 months · AED 58 per sqft
1 Aug 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
20 Jan 2018RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
10 Nov 2015RentedNew contract
AED 80,000/yr12 months · AED 99 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.

Key facts

Type
Studio apartment
Size
808 sqft
Floor
5th of 44
Parking
LB - 17
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 768K · April 2011

About 502, Executive Tower L (West Heights 2)

502 is a studio of 808 sqft on the 5th 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 11 April 2011 for AED 768,000, or AED 950 per sqft.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 10 July 2025, is AED 75,000 a year: a gross yield of 9.8% on the 2011 price, before the service charge of about AED 13,900 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical studio in Executive Tower L (West Heights 2)
800K1M2011201520192023Typical sale price by year: 2011 AED 768,000; 2013 AED 808,000; 2014 AED 1,115,040; 2015 AED 997,610; 2024 AED 900,000Sold by developer, April 2011: AED 768,000 (AED 950 per sqft)

502 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 502, each contractTypical studio in Executive Tower L (West Heights 2)
40K60K80K2013201720212025Typical rent by year: 2013 AED 50,000; 2014 AED 74,000; 2015 AED 80,000; 2016 AED 82,500; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,000; 2020 AED 48,500; 2021 AED 45,500; 2022 AED 52,500; 2023 AED 61,500; 2024 AED 65,000; 2025 AED 75,000New contract, June 2014: AED 79,558 a yearNew contract, November 2015: AED 80,000 a yearNew contract, January 2018: AED 70,000 a yearNew contract, August 2019: AED 48,000 a yearRenewal, November 2020: AED 47,000 a yearNew contract, December 2021: AED 48,000 a yearRenewal, December 2022: AED 50,400 a yearNew contract, July 2024: AED 75,000 a yearRenewal, July 2025: AED 75,000 a year

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

Studios in Executive Tower L (West Heights 2), and where 502 sits

All 14 studios →

502's AED 75,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jul 20251,175,000
3 Jun 2024900,000
12 Feb 2024427,721
1 Feb 20241,000,000
0 studio 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
5011-bedAED 1.25M · Feb 2016
5031-bedAED 1.69M · Jul 2014
5043-bedAED 2.2M · Jun 2023
5053-bedAED 2.75M · Jan 2016

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

  • Sold once: by Dubai Properties on 11 April 2011 for AED 768,000, or AED 950 per sqft.
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 79,558 to AED 47,000 in 2020 and recovered to AED 75,000 by July 2025.
  • At AED 75,000 a year the gross yield on the 2011 price is 9.8%, before a service charge of about AED 13,900 a year (AED 17.15 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2025.

Questions about 502, Executive Tower L (West Heights 2)

What did unit 502 last sell for?

AED 768,000 on 11 April 2011, sold by the developer: AED 950 per sqft for 808 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 75,000 a year on the contract renewed on 10 July 2025. The previous contract, from July 2024, was AED 75,000; the unit has been rented since June 2014.

How big is unit 502?

808 sqft (75.1 sqm): a studio on the 5th floor of a 44-storey tower completed in 2009.

What is unit 502 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 502, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 768K, 11 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 768,000
Deposit, UAE resident (20%)
AED 153,600
Deposit, non-resident (40%)
AED 307,200
Monthly over 25 years at 3.7%
AED 3,142

Plus AED 37,266 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →