1601, West Wharf Tower
Sold prices and rental history: sold once, by the developer in October 2013, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, West Wharf Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 1 October 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 7,344 sqft
- Floor
- 16th of 17
- Parking
- B2-47,B2-48,B2-49
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 158,800 /yr
- Last sold
- AED 8.85M · October 2013
- Building
- West Wharf Tower
About 1601, West Wharf Tower
1601 is a three-bedroom apartment of 7,344 sqft on the 16th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 1 October 2013 for AED 8,847,050, or AED 1,204 per sqft.
One Ejari contract is registered, from 1 October 2019. The current contract, signed on 1 October 2019, is AED 475,000 a year: a gross yield of 5.4% on the 2013 price, before the service charge of about AED 158,800 a year.
Sales and rents for 1601 over time
1601 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in West Wharf Tower, and where 1601 sits
All 16 3-beds →Over the last 12 months three-beds sold for AED 3,300,000, around AED 2,020 per sqft, and rent for AED 150,000 to 350,000 a year. 1601's AED 475,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 1,634 sqft | 3,300,000 | 2,020 | ||
| 25 Aug 202525 August 2025 | 1,781 sqft | 2,950,000 | 1,656 | ||
| 30 May 202530 May 2025 | 1,642 sqft | 2,450,000 | 1,491 | ||
| 23 May 202523 May 2025 | 1,643 sqft | 2,600,000 | 1,582 |
West Wharf Tower
Building111 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%
Other units on the 16th floor
All 111 units in West Wharf Tower1601, West Wharf Tower in numbers
- Sold once: by Capital Trust Gulf on 1 October 2013 for AED 8,847,050, or AED 1,204 per sqft.
- Rented since October 2019 on one Ejari contract, at AED 475,000 a year.
- At AED 475,000 a year the gross yield on the 2013 price is 5.4%, before a service charge of about AED 158,800 a year (AED 21.62 per sqft).
- Three-beds in West Wharf Tower sold for AED 3,300,000–3,300,000 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 October 2019.
Questions about 1601, West Wharf Tower
What did unit 1601 last sell for?
AED 8,847,050 on 1 October 2013, sold by the developer: AED 1,204 per sqft for 7,344 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 475,000 a year on the contract signed on 1 October 2019.
How big is unit 1601?
7,344 sqft (682.3 sqm): a three-bedroom apartment on the 16th floor of a 17-storey tower completed in 2013.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in West Wharf Tower sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,020 per sqft.
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Mortgage on 1601, West Wharf Tower
Starts from the last sale price (AED 8.85M, 1 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 8,847,050
- Deposit, UAE resident (20%)
- AED 1,769,410
- Deposit, non-resident (40%)
- AED 3,538,820
- Monthly over 25 years at 3.7%
- AED 36,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →