Studio · 561 sqftWest Wharf Tower, Business Bay · 10th floor · completed 2013

1001, West Wharf Tower

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1001 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 925K21 May 2015
Current rentAED 70K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1001, West Wharf Tower

What is 1001 worth today?

Last sold for AED 925,000 in 2015

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25 Jan 2026RentedNew contract
AED 70,000/yr12 months · AED 125 per sqft
15 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 125 per sqft
10 Sep 2022RentedRenewal
AED 52,000/yr12 months · AED 93 per sqft
10 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 80 per sqft
20 Jul 2019RentedNew contract
AED 57,000/yr12 months · AED 102 per sqft
21 May 2015SoldReady
AED 925,000AED 1,649 per sqft
19 Mar 2015SoldReady
AED 967,155AED 1,724 per sqft
23 Jun 2009Sold by developerOff-plan
AED 967,155AED 1,724 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
Studio apartment
Size
561 sqft
Floor
10th of 17
Parking
B2-1
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 12,100 /yr
Last sold
AED 925K · May 2015

About 1001, West Wharf Tower

1001 is a studio of 561 sqft on the 10th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 21 May 2015 for AED 925,000, or AED 1,649 per sqft, in line with the AED 1,661 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 January 2026, is AED 70,000 a year: a gross yield of 7.6% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for 1001 over time

Sales
Unit 1001, each saleTypical studio in West Wharf Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 959,510; 2013 AED 850,000; 2014 AED 987,500; 2015 AED 966,930; 2016 AED 950,000; 2018 AED 500,000; 2019 AED 480,000; 2022 AED 735,000; 2023 AED 750,000; 2024 AED 770,000; 2025 AED 920,000; 2026 AED 1,005,000Sold by developer, June 2009: AED 967,155 (AED 1,724 per sqft)Sold, March 2015: AED 967,155 (AED 1,724 per sqft)Sold, May 2015: AED 925,000 (AED 1,649 per sqft)

1001 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1001, each contractTypical studio in West Wharf Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 76,000; 2015 AED 72,500; 2016 AED 75,000; 2017 AED 71,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 51,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 70,000New contract, July 2019: AED 57,000 a yearNew contract, September 2021: AED 45,000 a yearRenewal, September 2022: AED 52,000 a yearNew contract, September 2023: AED 70,000 a yearNew contract, January 2026: AED 70,000 a year

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

Studios in West Wharf Tower, and where 1001 sits

All 37 studios →

1001 last sold in May 2015 at AED 1,649 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,661). Over the last 12 months studios sold for AED 790,000 to 1,150,000, around AED 1,646 per sqft, and rent for AED 58,564 to 120,000 a year. 1001's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 20261,015,000
2 Sep 2026790,000
30 Jul 20261,150,000
7 Jan 2026995,000
4 studio sales in the last 12 months

West Wharf Tower

Building

111 apartments, studios to 5-bed over 17 floors in Business Bay, completed in 2013 by Capital Trust Gulf. 11 sold in the last 12 months.

Typical price per sqft
AED 1,587 Down 3.6%
Typical sale
AED 1.46M
Typical rent
AED 83K /yr
Typical yield
6.9%
West Wharf Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 111 units in West Wharf Tower
Value
1002StudioAED 920K · Jul 2025
10031-bedAED 1.32M · May 2014
1004StudioAED 750K · Oct 2023
10052-bedAED 1.9M · Aug 2023
10063-bedAED 2.6M · May 2025

1001, West Wharf Tower in numbers

  • Sold 3 times: first on 23 June 2009 for AED 967,155, last on 21 May 2015 for AED 925,000 (AED 1,649 per sqft).
  • Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 57,000 to AED 45,000 in 2021 and recovered to AED 70,000 by January 2026.
  • At AED 70,000 a year the gross yield on the 2015 price is 7.6%, before a service charge of about AED 12,100 a year (AED 21.62 per sqft).
  • Studios in West Wharf Tower sold for AED 790,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,587 per sqft.

Source: Dubai Land Department. Updated 25 January 2026.

Questions about 1001, West Wharf Tower

What did unit 1001 last sell for?

AED 925,000 on 21 May 2015: AED 1,649 per sqft for 561 sqft. The unit has 3 registered sales; the first was AED 967,155 in June 2009.

What is the rent for unit 1001?

AED 70,000 a year on the contract signed on 25 January 2026. The previous contract, from September 2023, was AED 70,000; the unit has been rented since July 2019.

How big is unit 1001?

561 sqft (52.1 sqm): a studio on the 10th floor of a 17-storey tower completed in 2013.

What is unit 1001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in West Wharf Tower sold for AED 790,000 to 1,150,000 in the last 12 months, around AED 1,646 per sqft.

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Mortgage on 1001, West Wharf Tower

Starts from the last sale price (AED 925K, 21 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →