3-bed · 1,781 sqftWest Wharf Tower, Business Bay · 11th floor · completed 2013

1108, West Wharf Tower

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 2.36M25 February 2015
Current rentAED 125K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, West Wharf Tower

What is 1108 worth today?

Last sold for AED 2,358,048 in 2015

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1 Dec 2024RentedRenewal
AED 125,000/yr24 months · AED 70 per sqft
1 Dec 2024RentedRenewal
AED 125,000/yr24 months · AED 70 per sqft
1 Dec 2022RentedRenewal
AED 110,000/yr24 months · AED 62 per sqft
1 Dec 2021RentedRenewal
AED 98,000/yr12 months · AED 55 per sqft
1 Dec 2020RentedNew contract
AED 98,000/yr12 months · AED 55 per sqft
1 Nov 2019RentedRenewal
AED 125,000/yr12 months · AED 70 per sqft
1 Nov 2018RentedNew contract
AED 125,000/yr12 months · AED 70 per sqft
1 May 2017RentedRenewal
AED 186,666/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
3-bed apartment
Size
1,781 sqft
Floor
11th of 17
Parking
B2-56,B2-57
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 38,500 /yr
Last sold
AED 2.36M · February 2015

About 1108, West Wharf Tower

1108 is a three-bedroom apartment of 1,781 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 25 February 2015 for AED 2,358,048, or AED 1,323 per sqft.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 125,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 38,500 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, June 2009: AED 2,358,048 (AED 1,323 per sqft)Sold, February 2015: AED 2,358,048 (AED 1,323 per sqft)

1108 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1108, each contractTypical three-bed in West Wharf Tower
200K400K2015201820212024Typical 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, May 2015: AED 160,000 a yearRenewal, May 2016: AED 160,000 a yearRenewal, May 2017: AED 186,666 a yearNew contract, November 2018: AED 125,000 a yearRenewal, November 2019: AED 125,000 a yearNew contract, December 2020: AED 98,000 a yearRenewal, December 2021: AED 98,000 a yearRenewal, December 2022: AED 110,000 a yearRenewal, December 2024: AED 125,000 a yearRenewal, December 2024: AED 125,000 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 1108 sits

All 16 3-beds →

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. 1108's AED 125,000 is at the bottom 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 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
11061-bedAED 1.03M · Oct 2022
11072-bedAED 2.15M · Jan 2023

1108, West Wharf Tower in numbers

  • Sold twice: first on 23 June 2009 for AED 2,358,048, last on 25 February 2015 for AED 2,358,048 (AED 1,323 per sqft).
  • Rented since May 2015 on 10 Ejari contracts. The rent fell from AED 160,000 to AED 98,000 in 2021 and recovered to AED 125,000 by December 2024.
  • At AED 125,000 a year the gross yield on the 2015 price is 5.3%, before a service charge of about AED 38,500 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 1 December 2024.

Questions about 1108, West Wharf Tower

What did unit 1108 last sell for?

AED 2,358,048 on 25 February 2015: AED 1,323 per sqft for 1,781 sqft. The unit has 2 registered sales; the first was AED 2,358,048 in June 2009.

What is the rent for unit 1108?

AED 125,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 125,000; the unit has been rented since May 2015.

How big is unit 1108?

1,781 sqft (165.5 sqm): a three-bedroom apartment on the 11th floor of a 17-storey tower completed in 2013.

What is unit 1108 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 1108, West Wharf Tower

Starts from the last sale price (AED 2.36M, 25 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,358,048
Deposit, UAE resident (20%)
AED 471,610
Deposit, non-resident (40%)
AED 943,219
Monthly over 25 years at 3.7%
AED 9,648

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