2-bed · 1,427 sqftExecutive Tower M (West Heights 1), Business Bay · 29th floor · completed 2009

2904, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2904 · DLD and Ejari recordsUpdated 20 September 2020
Last soldAED 1.8M20 August 2013
Current rentAED 80K /yr20 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2904, Executive Tower M (West Heights 1)

What is 2904 worth today?

Last sold for AED 1,798,020 in 2013

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20 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 56 per sqft
26 Sep 2019RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
20 Sep 2018RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
20 Sep 2017RentedNew contract
AED 110,000/yr12 months · AED 77 per sqft
20 Aug 2013SoldReady
AED 1,798,020AED 1,260 per sqft
15 Feb 2011Sold by developerReady
AED 1,425,000AED 998 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2020.

Key facts

Type
2-bed apartment
Size
1,427 sqft
Floor
29th of 51
Parking
MM - 107
Developer
Dubai Properties
Completed
2009
Service charge
AED 21,200 /yr
Last sold
AED 1.8M · August 2013

About 2904, Executive Tower M (West Heights 1)

2904 is a two-bedroom apartment of 1,427 sqft on the 29th 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 20 August 2013 for AED 1,798,020, or AED 1,260 per sqft, 22% above the AED 1,032 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 20 September 2020, is AED 80,000 a year: a gross yield of 4.5% on the 2013 price, before the service charge of about AED 21,200 a year.

Sales and rents for 2904 over time

Sales
Unit 2904, each saleTypical two-bed in Executive Tower M (West Heights 1)
1.5M2M20102014201820222026Typical sale price by year: 2010 AED 1,595,000; 2011 AED 1,435,000; 2012 AED 1,425,000; 2013 AED 1,810,000; 2014 AED 2,305,000; 2015 AED 2,087,500; 2016 AED 1,950,000; 2017 AED 2,000,000; 2018 AED 1,505,000; 2019 AED 1,460,000; 2020 AED 1,293,606; 2021 AED 1,536,000; 2022 AED 1,550,000; 2023 AED 1,682,500; 2024 AED 1,950,000; 2025 AED 2,110,000Sold by developer, February 2011: AED 1,425,000 (AED 998 per sqft)Sold, August 2013: AED 1,798,020 (AED 1,260 per sqft)

2904 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2904, each contractTypical two-bed in Executive Tower M (West Heights 1)
100K150K2013201720212025Typical rent by year: 2013 AED 105,000; 2014 AED 126,750; 2015 AED 139,000; 2016 AED 135,000; 2017 AED 126,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 83,000; 2022 AED 93,057; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 131,500; 2026 AED 140,000New contract, September 2017: AED 110,000 a yearRenewal, September 2018: AED 105,000 a yearNew contract, September 2019: AED 95,000 a yearNew contract, September 2020: AED 80,000 a year

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

2-beds in Executive Tower M (West Heights 1), and where 2904 sits

All 213 2-beds →

2904 last sold in August 2013 at AED 1,260 per sqft, 22% above what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 1,032). Over the last 12 months two-beds sold for AED 2,090,000 to 2,500,000, around AED 1,523 per sqft, and rent for AED 100,000 to 165,000 a year. 2904's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 20262,500,000
6 Jan 20262,225,000
26 Dec 20252,200,000
9 Dec 20252,090,000
6 2-bed sales 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. 10 sold in the last 12 months.

Typical price per sqft
AED 1,432 Down 1.3%
Typical sale
AED 2.21M
Typical rent
AED 140K /yr
Typical yield
6.6%
Executive Tower M (West Heights 1), Business Bay: prices, sales and rents →
Value
29012-bedAED 1.74M · Apr 2023
2902AED 2.45M · Nov 2025
29032-bedAED 1.43M · Nov 2012
2905AED 2M · Jul 2016
29062-bedAED 1.8M · Jul 2023
29072-bedAED 2.05M · Feb 2017
29082-bedAED 2.1M · Dec 2016

2904, Executive Tower M (West Heights 1) in numbers

  • Sold twice: first on 15 February 2011 for AED 1,425,000, last on 20 August 2013 for AED 1,798,020 (AED 1,260 per sqft).
  • Rented since September 2017 on 4 Ejari contracts, from AED 110,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 4.5%, before a service charge of about AED 21,200 a year (AED 14.84 per sqft).
  • Two-beds in Executive Tower M (West Heights 1) sold for AED 2,090,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,432 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 September 2020.

Questions about 2904, Executive Tower M (West Heights 1)

What did unit 2904 last sell for?

AED 1,798,020 on 20 August 2013: AED 1,260 per sqft for 1,427 sqft. The unit has 2 registered sales; the first was AED 1,425,000 in February 2011.

What is the rent for unit 2904?

AED 80,000 a year on the contract signed on 20 September 2020. The previous contract, from September 2019, was AED 95,000; the unit has been rented since September 2017.

How big is unit 2904?

1,427 sqft (132.6 sqm): a two-bedroom apartment on the 29th floor of a 51-storey tower completed in 2009.

What is unit 2904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Executive Tower M (West Heights 1) sold for AED 2,090,000 to 2,500,000 in the last 12 months, around AED 1,523 per sqft.

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Mortgage on 2904, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.8M, 20 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,798,020
Deposit, UAE resident (20%)
AED 359,604
Deposit, non-resident (40%)
AED 719,208
Monthly over 25 years at 3.7%
AED 7,356

Plus AED 80,527 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →