Home
Dubai prices
About
Research
1-bed · 559 sqftWest Wharf Tower, Business Bay · 4th floor · completed 2013

402, West Wharf Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 755K19 May 2023
Current rentAED 80K /yr1 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 402

Property timeline for 402, West Wharf Tower

What is 402 worth today?

Last sold for AED 755,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 May 2023SoldReady
AED 755,000AED 1,351 per sqft
25 Feb 2015SoldReady
AED 982,732AED 1,758 per sqft
1 Jan 2015RentedNew contract
AED 80,000/yr12 months · AED 143 per sqft
22 Jun 2009Sold by developerOff-plan
AED 982,732AED 1,758 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
1-bed apartment
Size
559 sqft
Floor
4th of 17
Parking
B3-52
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 12,100 /yr
Last sold
AED 755K · May 2023
Building
West Wharf Tower

About 402, West Wharf Tower

402 is a one-bedroom apartment of 559 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 19 May 2023 for AED 755,000, or AED 1,351 per sqft, 27% above the AED 1,065 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2015. The current contract, signed on 1 January 2015, is AED 80,000 a year: a gross yield of 10.6% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 982,732 (AED 1,758 per sqft)Sold, February 2015: AED 982,732 (AED 1,758 per sqft)Sold, May 2023: AED 755,000 (AED 1,351 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in West Wharf Tower
60K80K100K20152018202120242027Typical 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, January 2015: AED 80,000 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 402 sits

All 40 1-beds →

402 last sold in May 2023 at AED 1,351 per sqft, 27% above what one-beds in West Wharf Tower were fetching at the time (AED 1,065). 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. 402's AED 80,000 is in the lower half 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
4011-bedAED 1.05M · Jan 2025
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

402, West Wharf Tower in numbers

  • Sold 3 times: first on 22 June 2009 for AED 982,732, last on 19 May 2023 for AED 755,000 (AED 1,351 per sqft).
  • Rented since January 2015 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 10.6%, 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 19 May 2023.

Questions about 402, West Wharf Tower

What did unit 402 last sell for?

AED 755,000 on 19 May 2023: AED 1,351 per sqft for 559 sqft. The unit has 3 registered sales; the first was AED 982,732 in June 2009.

What is the rent for unit 402?

AED 80,000 a year on the contract signed on 1 January 2015.

How big is unit 402?

559 sqft (51.9 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2013.

What is unit 402 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.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, West Wharf Tower

Starts from the last sale price (AED 755K, 19 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 755,000
Deposit, UAE resident (20%)
AED 151,000
Deposit, non-resident (40%)
AED 302,000
Monthly over 25 years at 3.7%
AED 3,089

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