1-bed · 821 sqftWest Wharf Tower, Business Bay · 12th floor · completed 2013

1203, West Wharf Tower

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 1M10 June 2024
Current rentAED 100K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, West Wharf Tower

What is 1203 worth today?

Last sold for AED 1,000,000 in 2024

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3 Oct 2025RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
10 Jun 2024SoldReady
AED 1,000,000AED 1,217 per sqft
6 Oct 2023SoldReady
AED 1,200,000AED 1,460 per sqft
1 May 2023SoldReady
AED 875,000AED 1,065 per sqft
7 Mar 2020RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
15 Feb 2019RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
25 May 2018RentedNew contract
AED 80,000/yr12 months · AED 98 per sqft
1 May 2017RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
12th of 17
Parking
B2-53 0
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 1M · June 2024

About 1203, West Wharf Tower

1203 is a one-bedroom apartment of 821 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 10 June 2024 for AED 1,000,000, or AED 1,217 per sqft, 4% below the AED 1,269 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 3 October 2025, is AED 100,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical one-bed in West Wharf Tower
1M1.5M2009201420192024Typical 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, October 2016: AED 1,250,000 (AED 1,521 per sqft)Sold, May 2023: AED 875,000 (AED 1,065 per sqft)Sold, October 2023: AED 1,200,000 (AED 1,460 per sqft)Sold, June 2024: AED 1,000,000 (AED 1,217 per sqft)

1203 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1203, each contractTypical one-bed in West Wharf Tower
60K80K100K20152018202120242027Typical 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, May 2017: AED 90,000 a yearNew contract, May 2018: AED 80,000 a yearNew contract, February 2019: AED 75,000 a yearNew contract, March 2020: AED 65,000 a yearNew contract, October 2025: 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 1203 sits

All 40 1-beds →

1203 last sold in June 2024 at AED 1,217 per sqft, 4% below what one-beds in West Wharf Tower were fetching at the time (AED 1,269). 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. 1203'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 12th floor

All 111 units in West Wharf Tower
Value
1201StudioAED 710K · May 2023
1202StudioAED 810K · Dec 2022
1204StudioAED 755K · Jun 2023
12052-bedAED 1.9M · Jun 2023
12063-bedAED 2.65M · May 2025

1203, West Wharf Tower in numbers

  • Sold 4 times: first on 3 October 2016 for AED 1,250,000, last on 10 June 2024 for AED 1,000,000 (AED 1,217 per sqft).
  • Rented since May 2017 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 100,000 by October 2025.
  • At AED 100,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 17,800 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 3 October 2025.

Questions about 1203, West Wharf Tower

What did unit 1203 last sell for?

AED 1,000,000 on 10 June 2024: AED 1,217 per sqft for 821 sqft. The unit has 4 registered sales; the first was AED 1,250,000 in October 2016.

What is the rent for unit 1203?

AED 100,000 a year on the contract signed on 3 October 2025. The previous contract, from March 2020, was AED 65,000; the unit has been rented since May 2017.

How big is unit 1203?

821 sqft (76.3 sqm): a one-bedroom apartment on the 12th floor of a 17-storey tower completed in 2013.

What is unit 1203 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 1203, West Wharf Tower

Starts from the last sale price (AED 1M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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