Studio · 632 sqftWest Wharf Tower, Business Bay · 12th floor · completed 2013

1204, West Wharf Tower

Sold prices and rental history: sold twice, last in June 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 755K6 June 2023
Current rentAED 63K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, West Wharf Tower

What is 1204 worth today?

Last sold for AED 755,000 in 2023

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1 Nov 2025RentedRenewal
AED 63,000/yr12 months · AED 100 per sqft
1 Nov 2025RentedNew contract
AED 63,000/yr12 months · AED 99 per sqft
6 Jun 2023SoldReady
AED 755,000AED 1,195 per sqft
9 Feb 2017RentedNew contract
AED 72,000/yr12 months · AED 113 per sqft
4 Oct 2016Sold by developerReady
AED 1,000,000AED 1,583 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
632 sqft
Floor
12th of 17
Parking
B2-52 0
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,700 /yr
Last sold
AED 755K · June 2023

About 1204, West Wharf Tower

1204 is a studio of 632 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 6 June 2023 for AED 755,000, or AED 1,195 per sqft, in line with the AED 1,183 studios in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 63,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 13,700 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical studio in West Wharf Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 959,510; 2013 AED 850,000; 2014 AED 987,500; 2015 AED 966,930; 2016 AED 950,000; 2018 AED 500,000; 2019 AED 480,000; 2022 AED 735,000; 2023 AED 750,000; 2024 AED 770,000; 2025 AED 920,000; 2026 AED 1,005,000Sold by developer, October 2016: AED 1,000,000 (AED 1,583 per sqft)Sold, June 2023: AED 755,000 (AED 1,195 per sqft)

1204 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, each contractTypical studio in West Wharf Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 76,000; 2015 AED 72,500; 2016 AED 75,000; 2017 AED 71,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 51,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 70,000New contract, February 2017: AED 72,000 a yearRenewal, November 2025: AED 63,000 a yearNew contract, November 2025: AED 63,000 a year

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 1204 sits

All 37 studios →

1204 last sold in June 2023 at AED 1,195 per sqft, in line with what studios in West Wharf Tower were fetching at the time (AED 1,183). 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. 1204's AED 63,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 20261,015,000
2 Sep 2026790,000
30 Jul 20261,150,000
7 Jan 2026995,000
4 studio 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
12031-bedAED 1M · Jun 2024
12052-bedAED 1.9M · Jun 2023
12063-bedAED 2.65M · May 2025

1204, West Wharf Tower in numbers

  • Sold twice: first on 4 October 2016 for AED 1,000,000, last on 6 June 2023 for AED 755,000 (AED 1,195 per sqft).
  • Rented since February 2017 on 3 Ejari contracts, from AED 72,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 13,700 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 November 2025.

Questions about 1204, West Wharf Tower

What did unit 1204 last sell for?

AED 755,000 on 6 June 2023: AED 1,195 per sqft for 632 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in October 2016.

What is the rent for unit 1204?

AED 63,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 63,000; the unit has been rented since February 2017.

How big is unit 1204?

632 sqft (58.7 sqm): a studio on the 12th floor of a 17-storey tower completed in 2013.

What is unit 1204 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 1204, West Wharf Tower

Starts from the last sale price (AED 755K, 6 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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