1005, West Wharf Tower
Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, West Wharf Tower
What is 1005 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,871 sqft
- Floor
- 10th of 17
- Parking
- B2-5,B2-6 0
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 40,400 /yr
- Last sold
- AED 1.9M · August 2023
- Building
- West Wharf Tower
About 1005, West Wharf Tower
1005 is a two-bedroom apartment of 1,871 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 1 August 2023 for AED 1,900,000, or AED 1,015 per sqft, in line with the AED 1,015 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 April 2021, is AED 90,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 40,400 a year.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in West Wharf Tower, and where 1005 sits
All 16 2-beds →1005 last sold in August 2023 at AED 1,015 per sqft, in line with what two-beds in West Wharf Tower were fetching at the time (AED 1,015). Over the last 12 months two-beds sold for AED 2,100,000 to 2,462,500, around AED 1,383 per sqft, and rent for AED 110,000 to 200,000 a year. 1005's AED 90,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,449 sqft | 2,100,000 | 1,449 | ||
| 8 Dec 20258 December 2025 | 1,871 sqft | 2,462,500 | 1,316 | ||
| 25 Oct 202425 October 2024 | 2,086 sqft | 2,925,000 | 1,401 | ||
| 1 Jul 20241 July 2024 | 1,449 sqft | 1,800,000 | 1,242 |
West Wharf Tower
Building111 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%
Other units on the 10th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 561 sqft | AED 925KAED 925,000 · May 2015May 2015 | 70,000 /yr | |
| 1002 | Studio | 559 sqft | AED 920KAED 920,000 · Jul 2025July 2025 | 65,000 /yr | |
| 1003 | 1-bed | 821 sqft | AED 1.32MAED 1,315,200 · May 2014May 2014 | 90,000 /yr | |
| 1004 | Studio | 632 sqft | AED 750KAED 750,000 · Oct 2023October 2023 | 77,000 /yr | |
| 1006 | 3-bed | 1,643 sqft | AED 2.6MAED 2,600,000 · May 2025May 2025 |
1005, West Wharf Tower in numbers
- Sold twice: first on 3 October 2016 for AED 2,323,000, last on 1 August 2023 for AED 1,900,000 (AED 1,015 per sqft).
- Rented since December 2016 on 5 Ejari contracts, from AED 145,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 40,400 a year (AED 21.62 per sqft).
- Two-beds in West Wharf Tower sold for AED 2,100,000–2,462,500 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 August 2023.
Questions about 1005, West Wharf Tower
What did unit 1005 last sell for?
AED 1,900,000 on 1 August 2023: AED 1,015 per sqft for 1,871 sqft. The unit has 2 registered sales; the first was AED 2,323,000 in October 2016.
What is the rent for unit 1005?
AED 90,000 a year on the contract signed on 20 April 2021. The previous contract, from December 2019, was AED 115,000; the unit has been rented since December 2016.
How big is unit 1005?
1,871 sqft (173.8 sqm): a two-bedroom apartment on the 10th floor of a 17-storey tower completed in 2013.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Wharf Tower sold for AED 2,100,000 to 2,462,500 in the last 12 months, around AED 1,383 per sqft.
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Mortgage on 1005, West Wharf Tower
Starts from the last sale price (AED 1.9M, 1 August 2023). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →