Studio · 632 sqftWest Wharf Tower, Business Bay · 4th floor · completed 2013

404, West Wharf Tower

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 480K13 March 2019
Current rentAED 75K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, West Wharf Tower

What is 404 worth today?

Last sold for AED 480,000 in 2019

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15 Oct 2025RentedNew contract
AED 75,000/yr12 months · AED 118 per sqft
15 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 118 per sqft
10 Jul 2023RentedRenewal
AED 60,000/yr12 months · AED 94 per sqft
10 Jul 2022RentedNew contract
AED 59,000/yr12 months · AED 93 per sqft
3 Jun 2021RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
13 Mar 2019SoldReady
AED 480,000AED 760 per sqft
5 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 118 per sqft
20 Jan 2014SoldOff-plan
AED 876,500AED 1,387 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio apartment
Size
632 sqft
Floor
4th of 17
Parking
B3-50
Developer
Capital Trust Gulf
Completed
2013
Service charge
AED 13,700 /yr
Last sold
AED 480K · March 2019

About 404, West Wharf Tower

404 is a studio of 632 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 13 March 2019 for AED 480,000, or AED 760 per sqft, 28% below the AED 1,060 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 October 2025, is AED 75,000 a year: a gross yield of 15.6% on the 2019 price, before the service charge of about AED 13,700 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical studio in West Wharf Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 959,510; 2013 AED 850,000; 2014 AED 987,500; 2015 AED 966,930; 2016 AED 950,000; 2018 AED 500,000; 2019 AED 480,000; 2022 AED 735,000; 2023 AED 750,000; 2024 AED 770,000; 2025 AED 920,000; 2026 AED 1,005,000Sold by developer, June 2009: AED 1,005,751 (AED 1,592 per sqft)Sold, January 2014: AED 876,500 (AED 1,387 per sqft)Sold, March 2019: AED 480,000 (AED 760 per sqft)

404 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 404, each contractTypical studio in West Wharf Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 76,000; 2015 AED 72,500; 2016 AED 75,000; 2017 AED 71,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 51,000; 2023 AED 55,000; 2024 AED 65,000; 2025 AED 70,000; 2026 AED 70,000New contract, February 2017: AED 75,000 a yearNew contract, June 2021: AED 55,000 a yearNew contract, July 2022: AED 59,000 a yearRenewal, July 2023: AED 60,000 a yearNew contract, October 2024: AED 75,000 a yearNew contract, October 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in West Wharf Tower, and where 404 sits

All 37 studios →

404 last sold in March 2019 at AED 760 per sqft, 28% below what studios in West Wharf Tower were fetching at the time (AED 1,060). Over the last 12 months studios sold for AED 790,000 to 1,150,000, around AED 1,646 per sqft, and rent for AED 58,564 to 120,000 a year. 404's AED 75,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 20261,015,000
2 Sep 2026790,000
30 Jul 20261,150,000
7 Jan 2026995,000
4 studio 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
4031-bedAED 1.62M · Jun 2009
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

404, West Wharf Tower in numbers

  • Sold 3 times: first on 22 June 2009 for AED 1,005,751, last on 13 March 2019 for AED 480,000 (AED 760 per sqft).
  • Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 75,000 by October 2025.
  • At AED 75,000 a year the gross yield on the 2019 price is 15.6%, before a service charge of about AED 13,700 a year (AED 21.62 per sqft).
  • Studios in West Wharf Tower sold for AED 790,000–1,150,000 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 October 2025.

Questions about 404, West Wharf Tower

What did unit 404 last sell for?

AED 480,000 on 13 March 2019: AED 760 per sqft for 632 sqft. The unit has 3 registered sales; the first was AED 1,005,751 in June 2009.

What is the rent for unit 404?

AED 75,000 a year on the contract signed on 15 October 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since February 2017.

How big is unit 404?

632 sqft (58.7 sqm): a studio on the 4th floor of a 17-storey tower completed in 2013.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in West Wharf Tower sold for AED 790,000 to 1,150,000 in the last 12 months, around AED 1,646 per sqft.

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Mortgage on 404, West Wharf Tower

Starts from the last sale price (AED 480K, 13 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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