Studio · 575 sqftWest Wharf Tower, Business Bay · 1st floor · completed 2013

102, West Wharf Tower

Sold prices and rental history: sold 3 times, last in September 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 960K30 September 2024
Current rentAED 42K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, West Wharf Tower

What is 102 worth today?

Last sold for AED 960,000 in 2024

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30 Sep 2024SoldReady
AED 960,000AED 1,670 per sqft
1 Apr 2020RentedNew contract
AED 42,000/yr12 months · AED 74 per sqft
5 Sep 2019RentedNew contract
AED 45,000/yr12 months · AED 79 per sqft
25 Jul 2018RentedNew contract
AED 52,000/yr12 months · AED 91 per sqft
21 Mar 2016SoldReady
AED 860,000AED 1,496 per sqft
5 Jun 2009Sold by developerOff-plan
AED 1,276,200AED 2,220 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
Studio apartment
Size
575 sqft
Floor
1st of 17
Parking
B1-17
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 12,400 /yr
Last sold
AED 960K · September 2024

About 102, West Wharf Tower

102 is a studio of 575 sqft on the 1st floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 30 September 2024 for AED 960,000, or AED 1,670 per sqft, 30% above the AED 1,289 studios in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 April 2020, is AED 42,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 102 over time

Sales
Unit 102, 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 1,276,200 (AED 2,220 per sqft)Sold, March 2016: AED 860,000 (AED 1,496 per sqft)Sold, September 2024: AED 960,000 (AED 1,670 per sqft)

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

Rents
Unit 102, 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 2018: AED 52,000 a yearNew contract, September 2019: AED 45,000 a yearNew contract, April 2020: AED 42,000 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 102 sits

All 37 studios →

102 last sold in September 2024 at AED 1,670 per sqft, 30% above what studios in West Wharf Tower were fetching at the time (AED 1,289). 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. 102's AED 42,000 is at the bottom 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 1st floor

All 111 units in West Wharf Tower
Value
1011-bedAED 600K · Mar 2021
1031-bedAED 1.13M · Feb 2024
1041-bedAED 1.1M · Dec 2015
105StudioAED 700K · Dec 2024
1063-bedAED 3.6M · Feb 2023
1073-bedAED 2.03M · Feb 2024
1083-bedAED 4.25M · Feb 2017
1–7 of 8

102, West Wharf Tower in numbers

  • Sold 3 times: first on 5 June 2009 for AED 1,276,200, last on 30 September 2024 for AED 960,000 (AED 1,670 per sqft).
  • Rented since July 2018 on 3 Ejari contracts, from AED 52,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 12,400 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 30 September 2024.

Questions about 102, West Wharf Tower

What did unit 102 last sell for?

AED 960,000 on 30 September 2024: AED 1,670 per sqft for 575 sqft. The unit has 3 registered sales; the first was AED 1,276,200 in June 2009.

What is the rent for unit 102?

AED 42,000 a year on the contract signed on 1 April 2020. The previous contract, from September 2019, was AED 45,000; the unit has been rented since July 2018.

How big is unit 102?

575 sqft (53.4 sqm): a studio on the 1st floor of a 17-storey tower completed in 2013.

What is unit 102 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 102, West Wharf Tower

Starts from the last sale price (AED 960K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 960,000
Deposit, UAE resident (20%)
AED 192,000
Deposit, non-resident (40%)
AED 384,000
Monthly over 25 years at 3.7%
AED 3,928

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