2-bed · 1,871 sqftWest Wharf Tower, Business Bay · 12th floor · completed 2013

1205, West Wharf Tower

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 1.9M6 June 2023
Current rentAED 130K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, West Wharf Tower

What is 1205 worth today?

Last sold for AED 1,900,000 in 2023

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15 Aug 2023RentedNew contract
AED 130,000/yr12 months · AED 69 per sqft
6 Jun 2023SoldReady
AED 1,900,000AED 1,015 per sqft
12 Sep 2020RentedRenewal
AED 90,094/yr5 months · AED 48 per sqft
12 Sep 2019RentedRenewal
AED 122,000/yr12 months · AED 65 per sqft
12 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 67 per sqft
1 Dec 2017RentedRenewal
AED 140,000/yr12 months · AED 75 per sqft
1 Dec 2016RentedNew contract
AED 145,000/yr12 months · AED 77 per sqft
4 Oct 2016Sold by developerReady
AED 2,323,000AED 1,241 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,871 sqft
Floor
12th of 17
Parking
B2-50,B2-51 0
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 40,400 /yr
Last sold
AED 1.9M · June 2023

About 1205, West Wharf Tower

1205 is a two-bedroom apartment of 1,871 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 1,900,000, or AED 1,015 per sqft, in line with the AED 1,025 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 August 2023, is AED 130,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 40,400 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical two-bed in West Wharf Tower
2M3M20092013201720212025Typical sale price by year: 2009 AED 2,445,730; 2013 AED 2,750,000; 2015 AED 3,200,000; 2016 AED 2,323,000; 2019 AED 1,694,585; 2023 AED 1,900,000; 2024 AED 2,550,000Sold by developer, October 2016: AED 2,323,000 (AED 1,241 per sqft)Sold, June 2023: AED 1,900,000 (AED 1,015 per sqft)

1205 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1205, each contractTypical two-bed in West Wharf Tower
100K150K2015201820212024Typical rent by year: 2015 AED 150,000; 2016 AED 145,000; 2017 AED 142,500; 2018 AED 130,000; 2019 AED 121,000; 2020 AED 106,500; 2021 AED 93,500; 2022 AED 107,500; 2023 AED 130,000; 2024 AED 150,000; 2025 AED 139,500New contract, December 2016: AED 145,000 a yearRenewal, December 2017: AED 140,000 a yearNew contract, September 2018: AED 125,000 a yearRenewal, September 2019: AED 122,000 a yearRenewal, September 2020: AED 90,094 a yearNew contract, August 2023: AED 130,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in West Wharf Tower, and where 1205 sits

All 16 2-beds →

1205 last sold in June 2023 at AED 1,015 per sqft, in line with what two-beds in West Wharf Tower were fetching at the time (AED 1,025). Over the last 12 months two-beds sold for AED 2,100,000 to 2,462,500, around AED 1,383 per sqft, and rent for AED 110,000 to 200,000 a year. 1205's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Jun 20262,100,000
8 Dec 20252,462,500
25 Oct 20242,925,000
1 Jul 20241,800,000
2 2-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
12031-bedAED 1M · Jun 2024
1204StudioAED 755K · Jun 2023
12063-bedAED 2.65M · May 2025

1205, West Wharf Tower in numbers

  • Sold twice: first on 4 October 2016 for AED 2,323,000, last on 6 June 2023 for AED 1,900,000 (AED 1,015 per sqft).
  • Rented since December 2016 on 6 Ejari contracts. The rent fell from AED 145,000 to AED 90,094 in 2020 and recovered to AED 130,000 by August 2023.
  • At AED 130,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 40,400 a year (AED 21.62 per sqft).
  • Two-beds in West Wharf Tower sold for AED 2,100,000–2,462,500 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 15 August 2023.

Questions about 1205, West Wharf Tower

What did unit 1205 last sell for?

AED 1,900,000 on 6 June 2023: AED 1,015 per sqft for 1,871 sqft. The unit has 2 registered sales; the first was AED 2,323,000 in October 2016.

What is the rent for unit 1205?

AED 130,000 a year on the contract signed on 15 August 2023. The previous contract, from September 2020, was AED 90,094; the unit has been rented since December 2016.

How big is unit 1205?

1,871 sqft (173.8 sqm): a two-bedroom apartment on the 12th floor of a 17-storey tower completed in 2013.

What is unit 1205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Wharf Tower sold for AED 2,100,000 to 2,462,500 in the last 12 months, around AED 1,383 per sqft.

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Mortgage on 1205, West Wharf Tower

Starts from the last sale price (AED 1.9M, 6 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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