Studio · 602 sqftWest Wharf Tower, Business Bay · 11th floor · completed 2013

1104, West Wharf Tower

Sold prices and rental history: sold once, by the developer in September 2016, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 950K28 September 2016
Current rentAED 41K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, West Wharf Tower

What is 1104 worth today?

Last sold for AED 950,000 in 2016

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1 Dec 2020RentedNew contract
AED 41,000/yr12 months · AED 68 per sqft
3 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 100 per sqft
20 Feb 2017RentedNew contract
AED 70,000/yr12 months · AED 116 per sqft
28 Sep 2016Sold by developerReady
AED 950,000AED 1,578 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
Studio apartment
Size
602 sqft
Floor
11th of 17
Parking
B2-12 0
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,000 /yr
Last sold
AED 950K · September 2016

About 1104, West Wharf Tower

1104 is a studio of 602 sqft on the 11th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 28 September 2016 for AED 950,000, or AED 1,578 per sqft, in line with the AED 1,578 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 December 2020, is AED 41,000 a year: a gross yield of 4.3% on the 2016 price, before the service charge of about AED 13,000 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical studio in West Wharf Tower
500K750K1M2009201420192024Typical 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, September 2016: AED 950,000 (AED 1,578 per sqft)

1104 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1104, 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, February 2017: AED 70,000 a yearNew contract, August 2018: AED 60,000 a yearNew contract, December 2020: AED 41,000 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 1104 sits

All 37 studios →

1104 last sold in September 2016 at AED 1,578 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,578). 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. 1104's AED 41,000 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
1102StudioAED 750K · Aug 2023
11031-bedAED 875K · May 2023
11052-bedAED 2.1M · Jun 2026
11061-bedAED 1.03M · Oct 2022
11072-bedAED 2.15M · Jan 2023
11083-bedAED 2.36M · Feb 2015

1104, West Wharf Tower in numbers

  • Sold once: by Capital Trust Gulf on 28 September 2016 for AED 950,000, or AED 1,578 per sqft.
  • Rented since February 2017 on 3 Ejari contracts, from AED 70,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2016 price is 4.3%, before a service charge of about AED 13,000 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 December 2020.

Questions about 1104, West Wharf Tower

What did unit 1104 last sell for?

AED 950,000 on 28 September 2016, sold by the developer: AED 1,578 per sqft for 602 sqft. It is the only registered sale of the unit.

What is the rent for unit 1104?

AED 41,000 a year on the contract signed on 1 December 2020. The previous contract, from August 2018, was AED 60,000; the unit has been rented since February 2017.

How big is unit 1104?

602 sqft (55.9 sqm): a studio on the 11th floor of a 17-storey tower completed in 2013.

What is unit 1104 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 1104, West Wharf Tower

Starts from the last sale price (AED 950K, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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