1201, West Wharf Tower
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1201, West Wharf Tower
What is 1201 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 622 sqft
- Floor
- 12th of 17
- Parking
- B2-55
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 13,400 /yr
- Last sold
- AED 710K · May 2023
- Building
- West Wharf Tower
About 1201, West Wharf Tower
1201 is a studio of 622 sqft on the 12th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 23 May 2023 for AED 710,000, or AED 1,141 per sqft, 3% below the AED 1,181 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 March 2026, is AED 70,000 a year: a gross yield of 9.9% on the 2023 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1201 over time
1201 has sold twice; the dashed line is the studio median of each year in the building.
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 1201 sits
All 37 studios →1201 last sold in May 2023 at AED 1,141 per sqft, 3% below what studios in West Wharf Tower were fetching at the time (AED 1,181). 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. 1201's AED 70,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 561 sqft | 1,015,000 | 1,809 | ||
| 2 Sep 20262 September 2026 | 559 sqft | 790,000 | 1,413 | ||
| 30 Jul 202630 July 2026 | 622 sqft | 1,150,000 | 1,849 | ||
| 7 Jan 20267 January 2026 | 671 sqft | 995,000 | 1,483 |
West Wharf Tower
Building111 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%
Other units on the 12th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1202 | Studio | 620 sqft | AED 810KAED 810,000 · Dec 2022December 2022 | 85,000 /yr | |
| 1203 | 1-bed | 821 sqft | AED 1MAED 1,000,000 · Jun 2024June 2024 | 100,000 /yr | |
| 1204 | Studio | 632 sqft | AED 755KAED 755,000 · Jun 2023June 2023 | 63,000 /yr | |
| 1205 | 2-bed | 1,871 sqft | AED 1.9MAED 1,900,000 · Jun 2023June 2023 | 130,000 /yr | |
| 1206 | 3-bed | 1,643 sqft | AED 2.65MAED 2,650,000 · May 2025May 2025 | 125,000 /yr |
1201, West Wharf Tower in numbers
- Sold twice: first on 24 June 2009 for AED 848,160, last on 23 May 2023 for AED 710,000 (AED 1,141 per sqft).
- Rented since November 2015 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 70,000 by March 2026.
- At AED 70,000 a year the gross yield on the 2023 price is 9.9%, 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 1 March 2026.
Questions about 1201, West Wharf Tower
What did unit 1201 last sell for?
AED 710,000 on 23 May 2023: AED 1,141 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 848,160 in June 2009.
What is the rent for unit 1201?
AED 70,000 a year on the contract signed on 1 March 2026. The previous contract, from March 2026, was AED 77,000; the unit has been rented since November 2015.
How big is unit 1201?
622 sqft (57.8 sqm): a studio on the 12th floor of a 17-storey tower completed in 2013.
What is unit 1201 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 1201, West Wharf Tower
Starts from the last sale price (AED 710K, 23 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →