1-bed · 561 sqftWest Wharf Tower, Business Bay · 4th floor · completed 2013

401, West Wharf Tower

Sold prices and rental history: sold 3 times, last in January 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 8 January 2025
Last soldAED 1.05M8 January 2025
Current rentAED 55K /yr7 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, West Wharf Tower

What is 401 worth today?

Last sold for AED 1,050,000 in 2025

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8 Jan 2025SoldReady
AED 1,050,000AED 1,871 per sqft
21 Sep 2023SoldReady
AED 800,000AED 1,425 per sqft
7 Feb 2022RentedNew contract
AED 55,000/yr12 months · AED 98 per sqft
1 Nov 2021RentedNew contract
AED 52,000/yr12 months · AED 93 per sqft
1 Sep 2020RentedNew contract
AED 50,000/yr12 months · AED 89 per sqft
5 Nov 2019RentedNew contract
AED 61,000/yr12 months · AED 109 per sqft
8 Aug 2017RentedNew contract
AED 77,000/yr12 months · AED 138 per sqft
22 Jun 2009Sold by developerOff-plan
AED 760,967AED 1,356 per sqft

Source: Dubai Land Department. Updated 8 January 2025.

Key facts

Type
1-bed apartment
Size
561 sqft
Floor
4th of 17
Parking
B3-53
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 12,100 /yr
Last sold
AED 1.05M · January 2025

About 401, West Wharf Tower

401 is a one-bedroom apartment of 561 sqft on the 4th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. It last sold on 8 January 2025 for AED 1,050,000, or AED 1,871 per sqft, 6% above the AED 1,773 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 7 February 2022, is AED 55,000 a year: a gross yield of 5.2% on the 2025 price, before the service charge of about AED 12,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 760,967 (AED 1,356 per sqft)Sold, September 2023: AED 800,000 (AED 1,425 per sqft)Sold, January 2025: AED 1,050,000 (AED 1,871 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in West Wharf Tower
50K75K100K20152018202120242027Typical 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, August 2017: AED 77,000 a yearNew contract, November 2019: AED 61,000 a yearNew contract, September 2020: AED 50,000 a yearNew contract, November 2021: AED 52,000 a yearNew contract, February 2022: AED 55,000 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 401 sits

All 40 1-beds →

401 last sold in January 2025 at AED 1,871 per sqft, 6% above what one-beds in West Wharf Tower were fetching at the time (AED 1,773). 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. 401's AED 55,000 is at the bottom 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 4th floor

All 111 units in West Wharf Tower
Value
4021-bedAED 755K · May 2023
4031-bedAED 1.62M · Jun 2009
404StudioAED 480K · Mar 2019
4051-bedAED 1.23M · Sep 2023
406StudioAED 917K · Dec 2024
407StudioAED 1.01M · Nov 2017
4081-bedAED 1.45M · Jun 2026
1–7 of 9

401, West Wharf Tower in numbers

  • Sold 3 times: first on 22 June 2009 for AED 760,967, last on 8 January 2025 for AED 1,050,000 (AED 1,871 per sqft).
  • Rented since August 2017 on 5 Ejari contracts, from AED 77,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 price is 5.2%, before a service charge of about AED 12,100 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 8 January 2025.

Questions about 401, West Wharf Tower

What did unit 401 last sell for?

AED 1,050,000 on 8 January 2025: AED 1,871 per sqft for 561 sqft. The unit has 3 registered sales; the first was AED 760,967 in June 2009.

What is the rent for unit 401?

AED 55,000 a year on the contract signed on 7 February 2022. The previous contract, from November 2021, was AED 52,000; the unit has been rented since August 2017.

How big is unit 401?

561 sqft (52.1 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2013.

What is unit 401 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 401, West Wharf Tower

Starts from the last sale price (AED 1.05M, 8 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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