3-bed · 2,207 sqftExecutive Tower M (West Heights 1), Business Bay · 7th floor · completed 2009

701, Executive Tower M (West Heights 1)

Sold prices and rental history: sold twice, last in November 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 2.32M11 November 2012
Current rentAED 175K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Executive Tower M (West Heights 1)

What is 701 worth today?

Last sold for AED 2,317,350 in 2012

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20 Dec 2024RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
20 Dec 2022RentedRenewal
AED 131,200/yr12 months · AED 59 per sqft
20 Dec 2021RentedRenewal
AED 124,200/yr12 months · AED 56 per sqft
20 Dec 2020RentedNew contract
AED 115,000/yr12 months · AED 52 per sqft
15 Sep 2020RentedRenewal
AED 120,000/yr3 months · AED 54 per sqft
15 Sep 2018RentedNew contract
AED 160,000/yr12 months · AED 73 per sqft
18 Sep 2017RentedNew contract
AED 155,000/yr12 months · AED 70 per sqft
8 Sep 2016RentedNew contract
AED 175,000/yr12 months · AED 79 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.

Key facts

Type
3-bed apartment
Size
2,207 sqft
Floor
7th of 51
Parking
MB - 49 & 50
Developer
Dubai Properties
Completed
2009
Service charge
AED 32,800 /yr
Last sold
AED 2.32M · November 2012

About 701, Executive Tower M (West Heights 1)

701 is a three-bedroom apartment of 2,207 sqft on the 7th 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 11 November 2012 for AED 2,317,350, or AED 1,049 per sqft, 16% above the AED 903 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 20 December 2024, is AED 175,000 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 32,800 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Executive Tower M (West Heights 1)
2M2.5M3M2010201420182022Typical 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 1,985,000 (AED 899 per sqft)Sold, November 2012: AED 2,317,350 (AED 1,049 per sqft)

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

Rents
Unit 701, 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, September 2016: AED 175,000 a yearNew contract, September 2017: AED 155,000 a yearNew contract, September 2018: AED 160,000 a yearRenewal, September 2020: AED 120,000 a yearNew contract, December 2020: AED 115,000 a yearRenewal, December 2021: AED 124,200 a yearRenewal, December 2022: AED 131,200 a yearRenewal, December 2024: AED 175,000 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 701 sits

All 53 3-beds →

701 last sold in November 2012 at AED 1,049 per sqft, 16% above what three-beds in Executive Tower M (West Heights 1) were fetching at the time (AED 903). 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. 701's AED 175,000 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. 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
7023-bedAED 2.1M · Aug 2019
7031-bedAED 1.6M · May 2014
7041-bedAED 1.26M · Jan 2026
7051-bedAED 1.72M · Aug 2014
7061-bedAED 550K · Jan 2023
707AED 3M · Oct 2025
7083-bedAED 2.05M · Apr 2021

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

  • Sold twice: first on 22 August 2010 for AED 1,985,000, last on 11 November 2012 for AED 2,317,350 (AED 1,049 per sqft).
  • Rented since September 2016 on 8 Ejari contracts. The rent fell from AED 175,000 to AED 115,000 in 2020 and recovered to AED 175,000 by December 2024.
  • At AED 175,000 a year the gross yield on the 2012 price is 7.5%, before a service charge of about AED 32,800 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 1,432 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2024.

Questions about 701, Executive Tower M (West Heights 1)

What did unit 701 last sell for?

AED 2,317,350 on 11 November 2012: AED 1,049 per sqft for 2,207 sqft. The unit has 2 registered sales; the first was AED 1,985,000 in August 2010.

What is the rent for unit 701?

AED 175,000 a year on the contract renewed on 20 December 2024. The previous contract, from December 2022, was AED 131,200; the unit has been rented since September 2016.

How big is unit 701?

2,207 sqft (205.0 sqm): a three-bedroom apartment on the 7th floor of a 51-storey tower completed in 2009.

What is unit 701 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 701, Executive Tower M (West Heights 1)

Starts from the last sale price (AED 2.32M, 11 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,317,350
Deposit, UAE resident (20%)
AED 463,470
Deposit, non-resident (40%)
AED 926,940
Monthly over 25 years at 3.7%
AED 9,481

Plus AED 102,339 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →