1603, West Wharf Tower
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, West Wharf Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,520 sqft
- Floor
- 16th of 17
- Parking
- B2-27 , B2-28 , B3-10
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 54,500 /yr
- Last sold
- AED 2.73M · July 2023
- Building
- West Wharf Tower
About 1603, West Wharf Tower
1603 is a two-bedroom apartment of 2,520 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 6 July 2023 for AED 2,725,000, or AED 1,081 per sqft, 4% above the AED 1,035 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 October 2023, is AED 131,156 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 54,500 a year.
Sales and rents for 1603 over time
1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1603 sits
All 16 2-beds →1603 last sold in July 2023 at AED 1,081 per sqft, 4% above what two-beds in West Wharf Tower were fetching at the time (AED 1,035). 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. 1603's AED 131,156 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Jun 202617 June 2026 | 1,449 sqft | 2,100,000 | 1,449 | ||
| 8 Dec 20258 December 2025 | 1,871 sqft | 2,462,500 | 1,316 | ||
| 25 Oct 202425 October 2024 | 2,086 sqft | 2,925,000 | 1,401 | ||
| 1 Jul 20241 July 2024 | 1,449 sqft | 1,800,000 | 1,242 |
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 Tower1603, West Wharf Tower in numbers
- Sold 3 times: first on 5 October 2016 for AED 3,309,000, last on 6 July 2023 for AED 2,725,000 (AED 1,081 per sqft).
- Rented since October 2017 on 7 Ejari contracts, from AED 165,000 to AED 131,156 a year.
- At AED 131,156 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 54,500 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 1 October 2023.
Questions about 1603, West Wharf Tower
What did unit 1603 last sell for?
AED 2,725,000 on 6 July 2023: AED 1,081 per sqft for 2,520 sqft. The unit has 3 registered sales; the first was AED 3,309,000 in October 2016.
What is the rent for unit 1603?
AED 131,156 a year on the contract signed on 1 October 2023. The previous contract, from October 2022, was AED 145,000; the unit has been rented since October 2017.
How big is unit 1603?
2,520 sqft (234.1 sqm): a two-bedroom apartment on the 16th floor of a 17-storey tower completed in 2013.
What is unit 1603 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 1603, West Wharf Tower
Starts from the last sale price (AED 2.73M, 6 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,725,000
- Deposit, UAE resident (20%)
- AED 545,000
- Deposit, non-resident (40%)
- AED 1,090,000
- Monthly over 25 years at 3.7%
- AED 11,149
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →