Studio · 620 sqftWest Wharf Tower, Business Bay · 11th floor · completed 2013

1102, West Wharf Tower

Sold prices and rental history: sold 4 times, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 11 August 2023
Last soldAED 750K11 August 2023
Current rentAED 55K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, West Wharf Tower

What is 1102 worth today?

Last sold for AED 750,000 in 2023

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11 Aug 2023SoldReady
AED 750,000AED 1,209 per sqft
3 Nov 2022SoldReady
AED 735,000AED 1,185 per sqft
1 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
10 Mar 2021RentedRenewal
AED 50,000/yr12 months · AED 80 per sqft
10 Mar 2020RentedRenewal
AED 55,000/yr12 months · AED 88 per sqft
10 Mar 2019RentedRenewal
AED 62,500/yr12 months · AED 100 per sqft
10 Mar 2018RentedNew contract
AED 65,000/yr12 months · AED 104 per sqft
11 Feb 2018SoldReady
AED 720,000AED 1,161 per sqft

Source: Dubai Land Department. Updated 11 August 2023.

Key facts

Type
Studio apartment
Size
620 sqft
Floor
11th of 17
Parking
B2-10
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,400 /yr
Last sold
AED 750K · August 2023

About 1102, West Wharf Tower

1102 is a studio of 620 sqft on the 11th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 11 August 2023 for AED 750,000, or AED 1,209 per sqft, in line with the AED 1,190 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 April 2022, is AED 55,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical studio in West Wharf Tower
500K1M1.5M2009201420192024Typical 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, March 2015: AED 1,393,579 (AED 2,247 per sqft)Sold, February 2018: AED 720,000 (AED 1,161 per sqft)Sold, November 2022: AED 735,000 (AED 1,185 per sqft)Sold, August 2023: AED 750,000 (AED 1,209 per sqft)

1102 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1102, 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, March 2018: AED 65,000 a yearRenewal, March 2019: AED 62,500 a yearRenewal, March 2020: AED 55,000 a yearRenewal, March 2021: AED 50,000 a yearNew contract, April 2022: AED 55,000 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 1102 sits

All 37 studios →

1102 last sold in August 2023 at AED 1,209 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,190). 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. 1102's AED 55,000 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 11th floor

All 111 units in West Wharf Tower
Value
1101StudioAED 900K · Oct 2023
11031-bedAED 875K · May 2023
1104StudioAED 950K · Sep 2016
11052-bedAED 2.1M · Jun 2026
11061-bedAED 1.03M · Oct 2022
11072-bedAED 2.15M · Jan 2023
11083-bedAED 2.36M · Feb 2015

1102, West Wharf Tower in numbers

  • Sold 4 times: first on 11 March 2015 for AED 1,393,579, last on 11 August 2023 for AED 750,000 (AED 1,209 per sqft).
  • Rented since March 2018 on 5 Ejari contracts, from AED 65,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 7.3%, before a service charge of about AED 13,400 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 11 August 2023.

Questions about 1102, West Wharf Tower

What did unit 1102 last sell for?

AED 750,000 on 11 August 2023: AED 1,209 per sqft for 620 sqft. The unit has 4 registered sales; the first was AED 1,393,579 in March 2015.

What is the rent for unit 1102?

AED 55,000 a year on the contract signed on 1 April 2022. The previous contract, from March 2021, was AED 50,000; the unit has been rented since March 2018.

How big is unit 1102?

620 sqft (57.6 sqm): a studio on the 11th floor of a 17-storey tower completed in 2013.

What is unit 1102 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 1102, West Wharf Tower

Starts from the last sale price (AED 750K, 11 August 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 →