3-bed · 2,197 sqftExecutive Tower M (West Heights 1), Business Bay · 16th floor · completed 2009

1607, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 3.04M9 July 2024
Current rentAED 215K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Executive Tower M (West Heights 1)

What is 1607 worth today?

Last sold for AED 3,035,000 in 2024

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1 Oct 2024RentedNew contract
AED 215,000/yr12 months · AED 98 per sqft
9 Jul 2024SoldReady
AED 3,035,000AED 1,381 per sqft
15 Jan 2024SoldReady
AED 2,485,000AED 1,131 per sqft
20 Aug 2022RentedNew contract
AED 135,000/yr24 months · AED 61 per sqft
15 Aug 2021RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
15 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
31 Jan 2018SoldReady
AED 2,550,000AED 1,160 per sqft
17 Sep 2014Sold by developerReady
AED 2,077,000AED 945 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
3-bed apartment
Size
2,197 sqft
Floor
16th of 51
Parking
MM - 6 & 7
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,600 /yr
Last sold
AED 3.04M · July 2024

About 1607, Executive Tower M (West Heights 1)

1607 is a three-bedroom apartment of 2,197 sqft on the 16th floor of Executive Tower M (West Heights 1), a 51-storey tower in Business Bay completed in 2009 by Dubai Properties. It last sold on 9 July 2024 for AED 3,035,000, or AED 1,381 per sqft, 21% above the AED 1,137 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 October 2024, is AED 215,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 32,600 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical three-bed in Executive Tower M (West Heights 1)
2M3M2010201420182022Typical sale price by year: 2010 AED 1,985,000; 2011 AED 1,985,000; 2012 AED 2,087,575; 2013 AED 2,144,000; 2014 AED 3,000,000; 2015 AED 2,800,000; 2018 AED 2,475,000; 2020 AED 1,900,000; 2021 AED 1,980,000; 2022 AED 2,295,000; 2023 AED 2,530,500; 2024 AED 2,650,000Sold by developer, September 2014: AED 2,077,000 (AED 945 per sqft)Sold, January 2018: AED 2,550,000 (AED 1,160 per sqft)Sold, January 2024: AED 2,485,000 (AED 1,131 per sqft)Sold, July 2024: AED 3,035,000 (AED 1,381 per sqft)

1607 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1607, each contractTypical three-bed in Executive Tower M (West Heights 1)
100K200K2013201720212025Typical rent by year: 2013 AED 145,000; 2014 AED 165,000; 2015 AED 175,000; 2016 AED 175,000; 2017 AED 155,000; 2018 AED 147,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 115,500; 2022 AED 126,750; 2023 AED 143,376; 2024 AED 175,000; 2025 AED 200,000; 2026 AED 210,000New contract, August 2020: AED 100,000 a yearRenewal, August 2021: AED 100,000 a yearNew contract, August 2022: AED 135,000 a yearNew contract, October 2024: AED 215,000 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 M (West Heights 1), and where 1607 sits

All 53 3-beds →

1607 last sold in July 2024 at AED 1,381 per sqft, 21% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,137). Over the last 12 months three-beds sold for AED 2,800,000, around AED 1,268 per sqft, and rent for AED 200,000 to 222,000 a year. 1607's AED 215,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Jun 20252,865,100
19 May 20252,900,000
25 Dec 20242,586,153
15 Jul 20243,100,000
1 3-bed sale in the last 12 months

Executive Tower M (West Heights 1)

Building

330 apartments, 1-bed to 4-bed over 51 floors in Business Bay, completed in 2009 by Dubai Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,469 Up 1.3%
Typical sale
AED 2.2M
Typical rent
AED 140K /yr
Typical yield
6.5%
Executive Tower M (West Heights 1), Business Bay: prices, sales and rents →
Value
16013-bedAED 3.13M · Dec 2013
16023-bedAED 2.7M · Dec 2022
16032-bedAED 2.09M · Dec 2025
16042-bedAED 1.31M · Oct 2010
16052-bedAED 1.31M · Oct 2010
16062-bedNo registered sale
16083-bedAED 1.99M · Oct 2010

1607, Executive Tower M (West Heights 1) in numbers

  • Sold 4 times: first on 17 September 2014 for AED 2,077,000, last on 9 July 2024 for AED 3,035,000 (AED 1,381 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 100,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 32,600 a year (AED 14.84 per sqft).
  • Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,469 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Questions about 1607, Executive Tower M (West Heights 1)

What did unit 1607 last sell for?

AED 3,035,000 on 9 July 2024: AED 1,381 per sqft for 2,197 sqft. The unit has 4 registered sales; the first was AED 2,077,000 in September 2014.

What is the rent for unit 1607?

AED 215,000 a year on the contract signed on 1 October 2024. The previous contract, from August 2022, was AED 135,000; the unit has been rented since August 2020.

How big is unit 1607?

2,197 sqft (204.1 sqm): a three-bedroom apartment on the 16th floor of a 51-storey tower completed in 2009.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Executive Tower M (West Heights 1) sold for AED 2,800,000 to 2,800,000 in the last 12 months, around AED 1,268 per sqft.

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Mortgage on 1607, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 3.04M, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,035,000
Deposit, UAE resident (20%)
AED 607,000
Deposit, non-resident (40%)
AED 1,214,000
Monthly over 25 years at 3.7%
AED 12,417

Plus AED 132,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →