1-bed · 821 sqftWest Wharf Tower, Business Bay · 4th floor · completed 2013

403, West Wharf Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 1.62M22 June 2009
Current rentAED 64K /yr15 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, West Wharf Tower

What is 403 worth today?

Last sold for AED 1,622,325 in 2009

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15 Jun 2022RentedRenewal
AED 63,500/yr12 months · AED 78 per sqft
15 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
10 Aug 2018RentedNew contract
AED 75,000/yr12 months · AED 92 per sqft
7 Mar 2017RentedRenewal
AED 95,000/yr12 months · AED 116 per sqft
6 Mar 2016RentedNew contract
AED 94,745/yr12 months · AED 116 per sqft
10 Feb 2015RentedNew contract
AED 100,000/yr12 months · AED 122 per sqft
22 Jun 2009Sold by developerOff-plan
AED 1,622,325AED 1,975 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
4th of 17
Parking
B3-51
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 17,800 /yr
Last sold
AED 1.62M · June 2009

About 403, West Wharf Tower

403 is a one-bedroom apartment of 821 sqft on the 4th floor of West Wharf Tower, a 17-storey tower in Business Bay completed in 2013 by Capital Trust Gulf. The developer sold it on 22 June 2009 for AED 1,622,325, or AED 1,975 per sqft, 25% above the AED 1,577 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 15 June 2022, is AED 63,500 a year: a gross yield of 3.9% on the 2009 price, before the service charge of about AED 17,800 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 1,622,325 (AED 1,975 per sqft)

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

Rents
Unit 403, 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, February 2015: AED 100,000 a yearNew contract, March 2016: AED 94,745 a yearRenewal, March 2017: AED 95,000 a yearNew contract, August 2018: AED 75,000 a yearNew contract, June 2021: AED 55,000 a yearRenewal, June 2022: AED 63,500 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 403 sits

All 40 1-beds →

403 last sold in June 2009 at AED 1,975 per sqft, 25% above what one-beds in West Wharf Tower were fetching at the time (AED 1,577). 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. 403's AED 63,500 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
4011-bedAED 1.05M · Jan 2025
4021-bedAED 755K · May 2023
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

403, West Wharf Tower in numbers

  • Sold once: by Capital Trust Gulf on 22 June 2009 for AED 1,622,325, or AED 1,975 per sqft.
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2021 and recovered to AED 63,500 by June 2022.
  • At AED 63,500 a year the gross yield on the 2009 price is 3.9%, 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 15 June 2022.

Questions about 403, West Wharf Tower

What did unit 403 last sell for?

AED 1,622,325 on 22 June 2009, sold by the developer: AED 1,975 per sqft for 821 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 63,500 a year on the contract renewed on 15 June 2022. The previous contract, from June 2021, was AED 55,000; the unit has been rented since February 2015.

How big is unit 403?

821 sqft (76.3 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2013.

What is unit 403 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 403, West Wharf Tower

Starts from the last sale price (AED 1.62M, 22 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,622,325
Deposit, UAE resident (20%)
AED 324,465
Deposit, non-resident (40%)
AED 648,930
Monthly over 25 years at 3.7%
AED 6,637

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