Studio · 808 sqftExecutive Tower L (West Heights 2), Business Bay · 7th floor · completed 2009

702, Executive Tower L (West Heights 2)

Sold prices and rental history: sold 5 times, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.17M14 May 2014
Current rentAED 68K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Executive Tower L (West Heights 2)

What is 702 worth today?

Last sold for AED 1,171,600 in 2014

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15 Feb 2025RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
15 Feb 2024RentedRenewal
AED 68,000/yr12 months · AED 84 per sqft
15 Feb 2023RentedNew contract
AED 61,000/yr12 months · AED 76 per sqft
5 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
20 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
10 Jan 2019RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Dec 2015RentedRenewal
AED 80,000/yr12 months · AED 99 per sqft
1 Dec 2014RentedNew contract
AED 73,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 February 2025.

Key facts

Type
Studio apartment
Size
808 sqft
Floor
7th of 44
Parking
LB - 32
Developer
Dubai Properties
Completed
2009
Service charge
AED 13,900 /yr
Last sold
AED 1.17M · May 2014

About 702, Executive Tower L (West Heights 2)

702 is a studio of 808 sqft on the 7th 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 14 May 2014 for AED 1,171,600, or AED 1,449 per sqft, 14% above the AED 1,273 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 68,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 13,900 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical studio in Executive Tower L (West Heights 2)
500K1M2011201520192023Typical 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, October 2011: AED 565,600 (AED 699 per sqft)Sold by developer, October 2011: AED 1,015,220 (AED 1,256 per sqft)Sold, March 2013: AED 808,000 (AED 999 per sqft)Sold, March 2013: AED 808,000 (AED 999 per sqft)Sold, May 2014: AED 1,171,600 (AED 1,449 per sqft)

702 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, 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, November 2013: AED 70,000 a yearNew contract, December 2014: AED 73,000 a yearRenewal, December 2015: AED 80,000 a yearNew contract, January 2019: AED 60,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, February 2022: AED 50,000 a yearNew contract, February 2023: AED 61,000 a yearRenewal, February 2024: AED 68,000 a yearRenewal, February 2025: AED 68,000 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 702 sits

All 14 studios →

702 last sold in May 2014 at AED 1,449 per sqft, 14% above what studios in Executive Tower L (West Heights 2) were fetching at the time (AED 1,273). 702's AED 68,000 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
7011-bedAED 1.18M · Sep 2023
7031-bedAED 1.09M · Apr 2022
7043-bedAED 2.62M · Jan 2017
7053-bedAED 2.62M · Jan 2017

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

  • Sold 5 times: first on 18 October 2011 for AED 1,015,220, last on 14 May 2014 for AED 1,171,600 (AED 1,449 per sqft).
  • Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2022 and recovered to AED 68,000 by February 2025.
  • At AED 68,000 a year the gross yield on the 2014 price is 5.8%, 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 15 February 2025.

Questions about 702, Executive Tower L (West Heights 2)

What did unit 702 last sell for?

AED 1,171,600 on 14 May 2014: AED 1,449 per sqft for 808 sqft. The unit has 5 registered sales; the first was AED 1,015,220 in October 2011.

What is the rent for unit 702?

AED 68,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 68,000; the unit has been rented since November 2013.

How big is unit 702?

808 sqft (75.1 sqm): a studio on the 7th floor of a 44-storey tower completed in 2009.

What is unit 702 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 702, Executive Tower L (West Heights 2)

Starts from the last sale price (AED 1.17M, 14 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,600
Deposit, UAE resident (20%)
AED 234,320
Deposit, non-resident (40%)
AED 468,640
Monthly over 25 years at 3.7%
AED 4,793

Plus AED 54,217 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →