1202, West Wharf Tower
Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, West Wharf Tower
What is 1202 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 May 2024.
Key facts
- Type
- Studio apartment
- Size
- 620 sqft
- Floor
- 12th of 17
- Parking
- B2-54
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 13,400 /yr
- Last sold
- AED 810K · December 2022
- Building
- West Wharf Tower
About 1202, West Wharf Tower
1202 is a studio of 620 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 8 December 2022 for AED 810,000, or AED 1,306 per sqft, 10% above the AED 1,185 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 May 2024, is AED 85,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1202 over time
1202 has sold 3 times; 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 1202 sits
All 37 studios →1202 last sold in December 2022 at AED 1,306 per sqft, 10% above what studios in West Wharf Tower were fetching at the time (AED 1,185). 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. 1202's AED 85,000 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 | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 622 sqft | AED 710KAED 710,000 · May 2023May 2023 | 77,000 /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 |
1202, West Wharf Tower in numbers
- Sold 3 times: first on 24 June 2009 for AED 858,762, last on 8 December 2022 for AED 810,000 (AED 1,306 per sqft).
- Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 42,000 in 2020 and recovered to AED 85,000 by May 2024.
- At AED 85,000 a year the gross yield on the 2022 price is 10.5%, 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 May 2024.
Questions about 1202, West Wharf Tower
What did unit 1202 last sell for?
AED 810,000 on 8 December 2022: AED 1,306 per sqft for 620 sqft. The unit has 3 registered sales; the first was AED 858,762 in June 2009.
What is the rent for unit 1202?
AED 85,000 a year on the contract signed on 1 May 2024. The previous contract, from January 2023, was AED 80,000; the unit has been rented since December 2017.
How big is unit 1202?
620 sqft (57.6 sqm): a studio on the 12th floor of a 17-storey tower completed in 2013.
What is unit 1202 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.
Selling 1202? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1202, West Wharf Tower
Starts from the last sale price (AED 810K, 8 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 810,000
- Deposit, UAE resident (20%)
- AED 162,000
- Deposit, non-resident (40%)
- AED 324,000
- Monthly over 25 years at 3.7%
- AED 3,314
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →