1-bed · 821 sqftWest Wharf Tower, Business Bay · 14th floor · completed 2013

1403, West Wharf Tower

Sold prices and rental history: sold 3 times, last in November 2022, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 30 November 2022
Last soldAED 840K30 November 2022
Current rentAED 70K /yr1 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, West Wharf Tower

What is 1403 worth today?

Last sold for AED 840,000 in 2022

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30 Nov 2022SoldReady
AED 840,000AED 1,022 per sqft
1 Apr 2017RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
1 Apr 2016RentedNew contract
AED 90,000/yr12 months · AED 110 per sqft
16 Mar 2015SoldReady
AED 1,755,047AED 2,136 per sqft
1 Feb 2015RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
24 Jun 2009Sold by developerOff-plan
AED 1,755,047AED 2,136 per sqft

Source: Dubai Land Department. Updated 30 November 2022.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
14th of 17
Parking
B2-66
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 840K · November 2022

About 1403, West Wharf Tower

1403 is a one-bedroom apartment of 821 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 30 November 2022 for AED 840,000, or AED 1,022 per sqft, in line with the AED 1,022 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 1 April 2017, is AED 70,000 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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, June 2009: AED 1,755,047 (AED 2,136 per sqft)Sold, March 2015: AED 1,755,047 (AED 2,136 per sqft)Sold, November 2022: AED 840,000 (AED 1,022 per sqft)

1403 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, 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, February 2015: AED 100,000 a yearNew contract, April 2016: AED 90,000 a yearRenewal, April 2017: AED 70,000 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 1403 sits

All 40 1-beds →

1403 last sold in November 2022 at AED 1,022 per sqft, in line with what one-beds in West Wharf Tower were fetching at the time (AED 1,022). 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. 1403's AED 70,000 is in the lower 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 14th floor

All 111 units in West Wharf Tower
Value
1401StudioAED 1.15M · Jul 2026
1402StudioAED 959K · Mar 2015
1404StudioAED 1.08M · Oct 2013
14052-bedAED 2.46M · Dec 2025
14063-bedAED 3.3M · Jul 2026

1403, West Wharf Tower in numbers

  • Sold 3 times: first on 24 June 2009 for AED 1,755,047, last on 30 November 2022 for AED 840,000 (AED 1,022 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 100,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 8.3%, 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 30 November 2022.

Questions about 1403, West Wharf Tower

What did unit 1403 last sell for?

AED 840,000 on 30 November 2022: AED 1,022 per sqft for 821 sqft. The unit has 3 registered sales; the first was AED 1,755,047 in June 2009.

What is the rent for unit 1403?

AED 70,000 a year on the contract renewed on 1 April 2017. The previous contract, from April 2016, was AED 90,000; the unit has been rented since February 2015.

How big is unit 1403?

821 sqft (76.3 sqm): a one-bedroom apartment on the 14th floor of a 17-storey tower completed in 2013.

What is unit 1403 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 1403, West Wharf Tower

Starts from the last sale price (AED 840K, 30 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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