2,207 sqftExecutive Tower M (West Heights 1), Business Bay · 4th floor · completed 2009

408, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 1.9M30 September 2019
Current rentAED 230K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Executive Tower M (West Heights 1)

What is 408 worth today?

Last sold for AED 1,900,000 in 2019

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10 Oct 2024RentedNew contract
AED 230,000/yr12 months · AED 104 per sqft
5 Dec 2020RentedNew contract
AED 98,000/yr12 months · AED 44 per sqft
20 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 52 per sqft
30 Sep 2019SoldReady
AED 1,900,000AED 860 per sqft
5 Jan 2018RentedNew contract
AED 130,000/yr12 months · AED 59 per sqft
19 Aug 2016RentedRenewal
AED 170,000/yr12 months · AED 77 per sqft
19 Aug 2015RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
22 Jun 2010Sold by developerReady
AED 3,101,000AED 1,405 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
Apartment
Size
2,207 sqft
Floor
4th of 51
Parking
MB-23 & MB-24
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,800 /yr
Last sold
AED 1.9M · September 2019

About 408, Executive Tower M (West Heights 1)

408 is an apartment of 2,207 sqft on the 4th 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 30 September 2019 for AED 1,900,000, or AED 860 per sqft.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 10 October 2024, is AED 230,000 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 32,800 a year.

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
401AED 3.33M · Oct 2025
4023-bedAED 1.88M · Nov 2010
4031-bedAED 1.08M · Jun 2010
4041-bedAED 1.22M · Oct 2023
4051-bedAED 850K · Oct 2020
4061-bedAED 1.45M · Jul 2025
407AED 2.8M · Dec 2025

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

  • Sold twice: first on 22 June 2010 for AED 3,101,000, last on 30 September 2019 for AED 1,900,000 (AED 860 per sqft).
  • Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 98,000 in 2020 and recovered to AED 230,000 by October 2024.
  • At AED 230,000 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 32,800 a year (AED 14.84 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Questions about 408, Executive Tower M (West Heights 1)

What did unit 408 last sell for?

AED 1,900,000 on 30 September 2019: AED 860 per sqft for 2,207 sqft. The unit has 2 registered sales; the first was AED 3,101,000 in June 2010.

What is the rent for unit 408?

AED 230,000 a year on the contract signed on 10 October 2024. The previous contract, from December 2020, was AED 98,000; the unit has been rented since August 2015.

How big is unit 408?

2,207 sqft (205.0 sqm): an apartment on the 4th floor of a 51-storey tower completed in 2009.

What is unit 408 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 408, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.9M, 30 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →