1-bed · 821 sqftWest Wharf Tower, Business Bay · 3rd floor · completed 2013

303, West Wharf Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 19 May 2024
Last soldAED 1.61M23 June 2009
Current rentAED 180K /yr19 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, West Wharf Tower

What is 303 worth today?

Last sold for AED 1,606,102 in 2009

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19 May 2024RentedNew contract
AED 180,339/yr7 months · AED 220 per sqft
26 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
1 Oct 2021RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft
23 Jun 2009Sold by developerOff-plan
AED 1,606,102AED 1,955 per sqft

Source: Dubai Land Department. Updated 19 May 2024.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 17
Parking
B3-3
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 1.61M · June 2009

About 303, West Wharf Tower

303 is a one-bedroom apartment of 821 sqft on the 3rd floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 23 June 2009 for AED 1,606,102, or AED 1,955 per sqft, 25% above the AED 1,562 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 19 May 2024, is AED 180,339 a year: a gross yield of 11.2% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 1,606,102 (AED 1,955 per sqft)

303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in West Wharf Tower
100K200K20152018202120242027Typical 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, October 2021: AED 65,000 a yearNew contract, November 2022: AED 55,000 a yearNew contract, May 2024: AED 180,339 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 303 sits

All 40 1-beds →

303 last sold in June 2009 at AED 1,955 per sqft, 25% above what one-beds in West Wharf Tower were fetching at the time (AED 1,562). 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. 303's AED 180,339 is at the top 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 3rd floor

All 111 units in West Wharf Tower
Value
301StudioAED 770K · Mar 2024
302StudioAED 975K · Sep 2014
304StudioAED 700K · Jul 2023
3051-bedAED 1.25M · Jan 2016
306StudioAED 778K · Feb 2015
307StudioAED 995K · Jan 2026
3081-bedAED 1.55M · Aug 2025
1–7 of 9

303, West Wharf Tower in numbers

  • Sold once: by Capital Trust Gulf on 23 June 2009 for AED 1,606,102, or AED 1,955 per sqft.
  • Rented since October 2021 on 3 Ejari contracts. The rent fell from AED 65,000 to AED 55,000 in 2022 and recovered to AED 180,339 by May 2024.
  • At AED 180,339 a year the gross yield on the 2009 price is 11.2%, 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 19 May 2024.

Questions about 303, West Wharf Tower

What did unit 303 last sell for?

AED 1,606,102 on 23 June 2009, sold by the developer: AED 1,955 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 180,339 a year on the contract signed on 19 May 2024. The previous contract, from November 2022, was AED 55,000; the unit has been rented since October 2021.

How big is unit 303?

821 sqft (76.3 sqm): a one-bedroom apartment on the 3rd floor of a 17-storey tower completed in 2013.

What is unit 303 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 303, West Wharf Tower

Starts from the last sale price (AED 1.61M, 23 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,606,102
Deposit, UAE resident (20%)
AED 321,220
Deposit, non-resident (40%)
AED 642,441
Monthly over 25 years at 3.7%
AED 6,571

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