Studio · 632 sqftWest Wharf Tower, Business Bay · 10th floor · completed 2013

1004, West Wharf Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 750K30 October 2023
Current rentAED 77K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, West Wharf Tower

What is 1004 worth today?

Last sold for AED 750,000 in 2023

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1 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 121 per sqft
1 Mar 2025RentedNew contract
AED 77,000/yr12 months · AED 121 per sqft
30 Oct 2023SoldReady
AED 750,000AED 1,187 per sqft
16 Sep 2023RentedRenewal
AED 47,487/yr5 months · AED 75 per sqft
16 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 71 per sqft
16 Sep 2021RentedRenewal
AED 42,000/yr12 months · AED 67 per sqft
16 Sep 2020RentedRenewal
AED 42,000/yr12 months · AED 67 per sqft
16 Sep 2019RentedRenewal
AED 50,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
Studio apartment
Size
632 sqft
Floor
10th of 17
Parking
B2-4
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,700 /yr
Last sold
AED 750K · October 2023

About 1004, West Wharf Tower

1004 is a studio of 632 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 30 October 2023 for AED 750,000, or AED 1,187 per sqft, in line with the AED 1,186 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 March 2025, is AED 77,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical studio in West Wharf Tower
500K1M2009201420192024Typical 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 1,044,342 (AED 1,653 per sqft)Sold, October 2023: AED 750,000 (AED 1,187 per sqft)

1004 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1004, 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, September 2015: AED 70,000 a yearNew contract, September 2017: AED 68,000 a yearRenewal, September 2018: AED 60,000 a yearRenewal, September 2019: AED 50,000 a yearRenewal, September 2020: AED 42,000 a yearRenewal, September 2021: AED 42,000 a yearRenewal, September 2022: AED 45,000 a yearRenewal, September 2023: AED 47,487 a yearNew contract, March 2025: AED 77,000 a yearNew contract, March 2025: AED 77,000 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 1004 sits

All 37 studios →

1004 last sold in October 2023 at AED 1,187 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,186). 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. 1004's AED 77,000 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
1001StudioAED 925K · May 2015
1002StudioAED 920K · Jul 2025
10031-bedAED 1.32M · May 2014
10052-bedAED 1.9M · Aug 2023
10063-bedAED 2.6M · May 2025

1004, West Wharf Tower in numbers

  • Sold twice: first on 23 June 2009 for AED 1,044,342, last on 30 October 2023 for AED 750,000 (AED 1,187 per sqft).
  • Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 77,000 by March 2025.
  • At AED 77,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 13,700 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 1 March 2025.

Questions about 1004, West Wharf Tower

What did unit 1004 last sell for?

AED 750,000 on 30 October 2023: AED 1,187 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 1,044,342 in June 2009.

What is the rent for unit 1004?

AED 77,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 77,000; the unit has been rented since September 2015.

How big is unit 1004?

632 sqft (58.7 sqm): a studio on the 10th floor of a 17-storey tower completed in 2013.

What is unit 1004 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 1004, West Wharf Tower

Starts from the last sale price (AED 750K, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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