Studio · 620 sqftWest Wharf Tower, Business Bay · 14th floor · completed 2013

1402, West Wharf Tower

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 959K11 March 2015
Current rentAED 65K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, West Wharf Tower

What is 1402 worth today?

Last sold for AED 958,860 in 2015

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1 Feb 2025RentedRenewal
AED 65,000/yr12 months · AED 104 per sqft
1 Feb 2024RentedNew contract
AED 65,000/yr12 months · AED 104 per sqft
5 Jan 2023RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
5 Jan 2022RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
29 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
12 Nov 2015RentedRenewal
AED 81,900/yr12 months · AED 131 per sqft
11 Mar 2015SoldReady
AED 958,860AED 1,546 per sqft
12 Nov 2014RentedNew contract
AED 78,000/yr12 months · AED 125 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
Studio apartment
Size
620 sqft
Floor
14th of 17
Parking
B2-39
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,400 /yr
Last sold
AED 959K · March 2015

About 1402, West Wharf Tower

1402 is a studio of 620 sqft on the 14th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 11 March 2015 for AED 958,860, or AED 1,546 per sqft, 7% below the AED 1,661 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 65,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 13,400 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, June 2009: AED 958,860 (AED 1,546 per sqft)Sold, March 2015: AED 958,860 (AED 1,546 per sqft)

1402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1402, 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, November 2014: AED 78,000 a yearRenewal, November 2015: AED 81,900 a yearNew contract, August 2020: AED 40,000 a yearNew contract, January 2022: AED 45,000 a yearRenewal, January 2023: AED 45,000 a yearNew contract, February 2024: AED 65,000 a yearRenewal, February 2025: AED 65,000 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 1402 sits

All 37 studios →

1402 last sold in March 2015 at AED 1,546 per sqft, 7% below what studios in West Wharf Tower were fetching at the time (AED 1,661). 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. 1402's AED 65,000 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 14th floor

All 111 units in West Wharf Tower
Value
1401StudioAED 1.15M · Jul 2026
14031-bedAED 840K · Nov 2022
1404StudioAED 1.08M · Oct 2013
14052-bedAED 2.46M · Dec 2025
14063-bedAED 3.3M · Jul 2026

1402, West Wharf Tower in numbers

  • Sold twice: first on 24 June 2009 for AED 958,860, last on 11 March 2015 for AED 958,860 (AED 1,546 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 78,000 to AED 40,000 in 2020 and recovered to AED 65,000 by February 2025.
  • At AED 65,000 a year the gross yield on the 2015 price is 6.8%, 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 February 2025.

Questions about 1402, West Wharf Tower

What did unit 1402 last sell for?

AED 958,860 on 11 March 2015: AED 1,546 per sqft for 620 sqft. The unit has 2 registered sales; the first was AED 958,860 in June 2009.

What is the rent for unit 1402?

AED 65,000 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 65,000; the unit has been rented since November 2014.

How big is unit 1402?

620 sqft (57.6 sqm): a studio on the 14th floor of a 17-storey tower completed in 2013.

What is unit 1402 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 1402, West Wharf Tower

Starts from the last sale price (AED 959K, 11 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 958,860
Deposit, UAE resident (20%)
AED 191,772
Deposit, non-resident (40%)
AED 383,544
Monthly over 25 years at 3.7%
AED 3,923

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