3-bed · 2,202 sqftExecutive Tower M (West Heights 1), Business Bay · 3rd floor · completed 2009

302, Executive Tower M (West Heights 1)

Sold prices and rental history: sold once, by the developer in August 2010, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 1 November 2016
Last soldAED 3.1M18 August 2010
Current rentAED 180K /yr1 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Executive Tower M (West Heights 1)

What is 302 worth today?

Last sold for AED 3,101,000 in 2010

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1 Nov 2016RentedNew contract
AED 180,000/yr9 months · AED 82 per sqft
5 Aug 2015RentedNew contract
AED 185,000/yr12 months · AED 84 per sqft
5 Aug 2014RentedNew contract
AED 190,000/yr12 months · AED 86 per sqft
18 Aug 2010Sold by developerReady
AED 3,101,000AED 1,408 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2016.

Key facts

Type
3-bed apartment
Size
2,202 sqft
Floor
3rd of 51
Parking
MB - 3 & 4
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,700 /yr
Last sold
AED 3.1M · August 2010

About 302, Executive Tower M (West Heights 1)

302 is a three-bedroom apartment of 2,202 sqft on the 3rd floor of Executive Tower M (West Heights 1), a 51-storey tower in Business Bay completed in 2009 by Dubai Properties. The developer sold it on 18 August 2010 for AED 3,101,000, or AED 1,408 per sqft, 48% above the AED 951 three-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 November 2016, is AED 180,000 a year: a gross yield of 5.8% on the 2010 price, before the service charge of about AED 32,700 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, August 2010: AED 3,101,000 (AED 1,408 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Executive Tower M (West Heights 1)
100K150K200K2013201720212025Typical 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 2014: AED 190,000 a yearNew contract, August 2015: AED 185,000 a yearNew contract, November 2016: AED 180,000 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 302 sits

All 53 3-beds →

302 last sold in August 2010 at AED 1,408 per sqft, 48% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 951). 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. 302's AED 180,000 is at the bottom 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
3013-bedAED 1.65M · Jul 2014
3031-bedAED 1.4M · Jul 2013
3041-bedAED 1.27M · Jan 2013
3051-bedAED 1.08M · Jun 2010
3061-bedAED 1.6M · Jun 2025
3073-bedAED 1.9M · Aug 2022
3083-bedAED 2.47M · Oct 2023

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

  • Sold once: by Dubai Properties on 18 August 2010 for AED 3,101,000, or AED 1,408 per sqft.
  • Rented since August 2014 on 3 Ejari contracts, from AED 190,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2010 price is 5.8%, before a service charge of about AED 32,700 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 November 2016.

Questions about 302, Executive Tower M (West Heights 1)

What did unit 302 last sell for?

AED 3,101,000 on 18 August 2010, sold by the developer: AED 1,408 per sqft for 2,202 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 180,000 a year on the contract signed on 1 November 2016. The previous contract, from August 2015, was AED 185,000; the unit has been rented since August 2014.

How big is unit 302?

2,202 sqft (204.6 sqm): a three-bedroom apartment on the 3rd floor of a 51-storey tower completed in 2009.

What is unit 302 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 302, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 3.1M, 18 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 3,101,000
Deposit, UAE resident (20%)
AED 620,200
Deposit, non-resident (40%)
AED 1,240,400
Monthly over 25 years at 3.7%
AED 12,687

Plus AED 135,252 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →