3-bed · 1,570 sqftWest Wharf Tower, Business Bay · 1st floor · completed 2013

107, West Wharf Tower

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

Unit 107 · DLD and Ejari recordsUpdated 7 February 2024
Last soldAED 2.03M7 February 2024
Current rentAED 250K /yr6 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, West Wharf Tower

What is 107 worth today?

Last sold for AED 2,025,000 in 2024

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7 Feb 2024SoldReady
AED 2,025,000AED 1,289 per sqft
4 May 2023SoldReady
AED 4,150,000AED 1,189 per sqft
6 Jan 2023RentedRenewal
AED 250,000/yr12 months · AED 72 per sqft
6 Jan 2022RentedRenewal
AED 225,000/yr12 months · AED 65 per sqft
6 Jan 2021RentedRenewal
AED 200,000/yr12 months · AED 57 per sqft
6 Jan 2020RentedRenewal
AED 210,000/yr12 months · AED 60 per sqft
6 Jan 2019RentedRenewal
AED 220,000/yr12 months · AED 63 per sqft
6 Jan 2018RentedNew contract
AED 220,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 7 February 2024.

Key facts

Type
3-bed apartment
Size
1,570 sqft
Floor
1st of 17
Parking
B2-60,B2-61
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 33,900 /yr
Last sold
AED 2.03M · February 2024

About 107, West Wharf Tower

107 is a three-bedroom apartment of 1,570 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 7 February 2024 for AED 2,025,000, or AED 1,289 per sqft, 13% above the AED 1,142 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 6 January 2023, is AED 250,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 33,900 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical three-bed in West Wharf Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,420,605; 2015 AED 3,665,295; 2016 AED 4,824,000; 2023 AED 3,600,000; 2025 AED 2,600,000Sold by developer, October 2015: AED 3,183,390 (AED 912 per sqft)Sold, May 2023: AED 4,150,000 (AED 1,189 per sqft)Sold, February 2024: AED 2,025,000 (AED 1,289 per sqft)

107 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 107, each contractTypical three-bed in West Wharf Tower
200K400K2016201920222025Typical rent by year: 2016 AED 170,000; 2017 AED 160,000; 2018 AED 142,500; 2019 AED 135,000; 2020 AED 110,000; 2021 AED 102,500; 2022 AED 120,000; 2023 AED 175,000; 2024 AED 125,000; 2025 AED 401,000New contract, January 2018: AED 220,000 a yearRenewal, January 2019: AED 220,000 a yearRenewal, January 2020: AED 210,000 a yearRenewal, January 2021: AED 200,000 a yearRenewal, January 2022: AED 225,000 a yearRenewal, January 2023: AED 250,000 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 West Wharf Tower, and where 107 sits

All 16 3-beds →

107 last sold in February 2024 at AED 1,289 per sqft, 13% above what three-beds in West Wharf Tower were fetching at the time (AED 1,142). Over the last 12 months three-beds sold for AED 3,300,000, around AED 2,020 per sqft, and rent for AED 150,000 to 350,000 a year. 107's AED 250,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Jul 20263,300,000
25 Aug 20252,950,000
30 May 20252,450,000
23 May 20252,600,000
1 3-bed sale 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
102StudioAED 960K · Sep 2024
1031-bedAED 1.13M · Feb 2024
1041-bedAED 1.1M · Dec 2015
105StudioAED 700K · Dec 2024
1063-bedAED 3.6M · Feb 2023
1083-bedAED 4.25M · Feb 2017
1–7 of 8

107, West Wharf Tower in numbers

  • Sold 3 times: first on 18 October 2015 for AED 3,183,390, last on 7 February 2024 for AED 2,025,000 (AED 1,289 per sqft).
  • Rented since January 2018 on 6 Ejari contracts, from AED 220,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 12.3%, before a service charge of about AED 33,900 a year (AED 21.62 per sqft).
  • Three-beds in West Wharf Tower sold for AED 3,300,000–3,300,000 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 7 February 2024.

Questions about 107, West Wharf Tower

What did unit 107 last sell for?

AED 2,025,000 on 7 February 2024: AED 1,289 per sqft for 1,570 sqft. The unit has 3 registered sales; the first was AED 3,183,390 in October 2015.

What is the rent for unit 107?

AED 250,000 a year on the contract renewed on 6 January 2023. The previous contract, from January 2022, was AED 225,000; the unit has been rented since January 2018.

How big is unit 107?

1,570 sqft (145.9 sqm): a three-bedroom apartment on the 1st floor of a 17-storey tower completed in 2013.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in West Wharf Tower sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,020 per sqft.

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Mortgage on 107, West Wharf Tower

Starts from the last sale price (AED 2.03M, 7 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,025,000
Deposit, UAE resident (20%)
AED 405,000
Deposit, non-resident (40%)
AED 810,000
Monthly over 25 years at 3.7%
AED 8,285

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