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2-bed · 1,663 sqftExecutive Tower M (West Heights 1), Business Bay · 48th floor · completed 2009

4802, Executive Tower M (West Heights 1)

Sold prices and rental history: sold 3 times, last in February 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4802 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 1.41M13 February 2013
Current rentAED 104K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4802, Executive Tower M (West Heights 1)

What is 4802 worth today?

Last sold for AED 1,413,550 in 2013

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25 Oct 2024RentedRenewal
AED 103,635/yr12 months · AED 62 per sqft
25 Oct 2023RentedRenewal
AED 98,700/yr12 months · AED 59 per sqft
25 Oct 2021RentedRenewal
AED 90,000/yr12 months · AED 54 per sqft
25 Sep 2020RentedNew contract
AED 90,000/yr13 months · AED 54 per sqft
4 Apr 2018RentedNew contract
AED 90,000/yr12 months · AED 54 per sqft
13 Feb 2013SoldReady
AED 1,413,550AED 849 per sqft
28 Apr 2011Sold by developerReady
AED 1,413,550AED 849 per sqft
28 Apr 2011SoldReady
AED 2,668,000AED 1,604 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Key facts

Type
2-bed apartment
Size
1,663 sqft
Floor
48th of 51
Parking
MG - 90
Developer
Dubai Properties
Completed
2009
Service charge
AED 24,700 /yr
Last sold
AED 1.41M · February 2013
Building
Executive Tower M (West Heights 1)

About 4802, Executive Tower M (West Heights 1)

4802 is a two-bedroom apartment of 1,663 sqft on the 48th 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 13 February 2013 for AED 1,413,550, or AED 849 per sqft, 8% below the AED 926 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 103,635 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 24,700 a year.

Sales and rents for 4802 over time

Sales
Unit 4802, each saleTypical two-bed in Executive Tower M (West Heights 1)
2M20102014201820222026Typical 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, April 2011: AED 1,413,550 (AED 849 per sqft)Sold, April 2011: AED 2,668,000 (AED 1,604 per sqft)Sold, February 2013: AED 1,413,550 (AED 849 per sqft)

4802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4802, 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, April 2018: AED 90,000 a yearNew contract, September 2020: AED 90,000 a yearRenewal, October 2021: AED 90,000 a yearRenewal, October 2023: AED 98,700 a yearRenewal, October 2024: AED 103,635 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 4802 sits

All 213 2-beds →

4802 last sold in February 2013 at AED 849 per sqft, 8% below what two-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 926). Over the last 12 months two-beds sold for AED 2,090,000 to 2,500,000, around AED 1,508 per sqft, and rent for AED 100,000 to 165,000 a year. 4802's AED 103,635 is in the lower half 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
7 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. 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 →

Other units on the 48th floor

All 330 units in Executive Tower M (West Heights 1)
Value
48012-bedAED 2.21M · Jul 2013
4803AED 2.65M · Sep 2025
48042-bedAED 2.57M · Jul 2024

4802, Executive Tower M (West Heights 1) in numbers

  • Sold 3 times: first on 28 April 2011 for AED 2,668,000, last on 13 February 2013 for AED 1,413,550 (AED 849 per sqft).
  • Rented since April 2018 on 5 Ejari contracts, from AED 90,000 to AED 103,635 a year.
  • At AED 103,635 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 24,700 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 1,469 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.

Questions about 4802, Executive Tower M (West Heights 1)

What did unit 4802 last sell for?

AED 1,413,550 on 13 February 2013: AED 849 per sqft for 1,663 sqft. The unit has 3 registered sales; the first was AED 2,668,000 in April 2011.

What is the rent for unit 4802?

AED 103,635 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 98,700; the unit has been rented since April 2018.

How big is unit 4802?

1,663 sqft (154.5 sqm): a two-bedroom apartment on the 48th floor of a 51-storey tower completed in 2009.

What is unit 4802 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 1,508 per sqft.

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Mortgage on 4802, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 1.41M, 13 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,413,550
Deposit, UAE resident (20%)
AED 282,710
Deposit, non-resident (40%)
AED 565,420
Monthly over 25 years at 3.7%
AED 5,783

Plus AED 64,379 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →