1602, West Wharf Tower
Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, West Wharf Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 16 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 5,829 sqft
- Floor
- 16th of 17
- Parking
- B2-22,B2-23,B2-24 0
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 126,000 /yr
- Last sold
- AED 5.6M · March 2023
- Building
- West Wharf Tower
About 1602, West Wharf Tower
1602 is a three-bedroom apartment of 5,829 sqft on the 16th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 21 March 2023 for AED 5,600,000, or AED 960 per sqft.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 16 May 2025, is AED 450,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 126,000 a year.
Sales and rents for 1602 over time
1602 has sold twice; 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 1602 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. 1602's AED 450,000 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 Tower1602, West Wharf Tower in numbers
- Sold twice: first on 5 October 2016 for AED 7,650,000, last on 21 March 2023 for AED 5,600,000 (AED 960 per sqft).
- Rented since October 2018 on 9 Ejari contracts. The rent fell from AED 238,000 to AED 210,500 in 2021 and recovered to AED 450,000 by May 2025.
- At AED 450,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 126,000 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 16 May 2025.
Questions about 1602, West Wharf Tower
What did unit 1602 last sell for?
AED 5,600,000 on 21 March 2023: AED 960 per sqft for 5,829 sqft. The unit has 2 registered sales; the first was AED 7,650,000 in October 2016.
What is the rent for unit 1602?
AED 450,000 a year on the contract signed on 16 May 2025. The previous contract, from May 2025, was AED 450,000; the unit has been rented since October 2018.
How big is unit 1602?
5,829 sqft (541.5 sqm): a three-bedroom apartment on the 16th floor of a 17-storey tower completed in 2013.
What is unit 1602 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 1602, West Wharf Tower
Starts from the last sale price (AED 5.6M, 21 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,600,000
- Deposit, UAE resident (20%)
- AED 1,120,000
- Deposit, non-resident (40%)
- AED 2,240,000
- Monthly over 25 years at 3.7%
- AED 22,911
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →