1-bed · 1,349 sqftWest Wharf Tower, Business Bay · 11th floor · completed 2013

1106, West Wharf Tower

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 10 October 2022
Last soldAED 1.03M10 October 2022
Current rentAED 100K /yr12 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, West Wharf Tower

What is 1106 worth today?

Last sold for AED 1,025,000 in 2022

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10 Oct 2022SoldReady
AED 1,025,000AED 759 per sqft
12 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft
12 Jul 2018RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft
12 Jul 2017RentedRenewal
AED 118,000/yr12 months · AED 88 per sqft
12 Jul 2016RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
19 Feb 2015SoldReady
AED 3,183,336AED 2,359 per sqft
23 Jun 2009Sold by developerOff-plan
AED 3,183,336AED 2,359 per sqft

Source: Dubai Land Department. Updated 10 October 2022.

Key facts

Type
1-bed apartment
Size
1,349 sqft
Floor
11th of 17
Parking
B2-13
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 29,200 /yr
Last sold
AED 1.03M · October 2022

About 1106, West Wharf Tower

1106 is a one-bedroom apartment of 1,349 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 10 October 2022 for AED 1,025,000, or AED 759 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 12 July 2019, is AED 100,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 29,200 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical one-bed in West Wharf Tower
2M2009201420192024Typical sale price by year: 2009 AED 1,354,188; 2014 AED 1,345,100; 2015 AED 1,417,825; 2016 AED 1,313,600; 2021 AED 700,000; 2022 AED 932,500; 2023 AED 900,000; 2024 AED 1,100,000; 2025 AED 1,370,000; 2026 AED 1,476,000Sold by developer, June 2009: AED 3,183,336 (AED 2,359 per sqft)Sold, February 2015: AED 3,183,336 (AED 2,359 per sqft)Sold, October 2022: AED 1,025,000 (AED 759 per sqft)

1106 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1106, each contractTypical one-bed in West Wharf Tower
50K100K20152018202120242027Typical rent by year: 2015 AED 95,000; 2016 AED 94,373; 2017 AED 88,500; 2018 AED 80,000; 2019 AED 76,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 63,500; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 90,000New contract, July 2016: AED 120,000 a yearRenewal, July 2017: AED 118,000 a yearRenewal, July 2018: AED 100,000 a yearRenewal, July 2019: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in West Wharf Tower, and where 1106 sits

All 40 1-beds →

Over the last 12 months one-beds sold for AED 1,450,000 to 1,700,000, around AED 1,664 per sqft, and rent for AED 67,000 to 115,000 a year. 1106's AED 100,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 202614,890
23 Jun 20261,450,000
23 Jun 20261,476,000
12 Feb 20261,700,000
4 1-bed 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
1104StudioAED 950K · Sep 2016
11052-bedAED 2.1M · Jun 2026
11072-bedAED 2.15M · Jan 2023
11083-bedAED 2.36M · Feb 2015

1106, West Wharf Tower in numbers

  • Sold 3 times: first on 23 June 2009 for AED 3,183,336, last on 10 October 2022 for AED 1,025,000 (AED 759 per sqft).
  • Rented since July 2016 on 4 Ejari contracts, from AED 120,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 9.8%, before a service charge of about AED 29,200 a year (AED 21.62 per sqft).
  • One-beds in West Wharf Tower sold for AED 1,450,000–1,700,000 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 10 October 2022.

Questions about 1106, West Wharf Tower

What did unit 1106 last sell for?

AED 1,025,000 on 10 October 2022: AED 759 per sqft for 1,349 sqft. The unit has 3 registered sales; the first was AED 3,183,336 in June 2009.

What is the rent for unit 1106?

AED 100,000 a year on the contract renewed on 12 July 2019. The previous contract, from July 2018, was AED 100,000; the unit has been rented since July 2016.

How big is unit 1106?

1,349 sqft (125.3 sqm): a one-bedroom apartment on the 11th floor of a 17-storey tower completed in 2013.

What is unit 1106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Wharf Tower sold for AED 1,450,000 to 1,700,000 in the last 12 months, around AED 1,664 per sqft.

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Mortgage on 1106, West Wharf Tower

Starts from the last sale price (AED 1.03M, 10 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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