406, West Wharf Tower
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, West Wharf Tower
What is 406 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 9 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 600 sqft
- Floor
- 4th of 17
- Parking
- B3-48
- Developer
- Capital Trust Gulf
- Completed
- 2013
- Service charge
- AED 13,000 /yr
- Last sold
- AED 917K · December 2024
- Building
- West Wharf Tower
About 406, West Wharf Tower
406 is a studio of 600 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 6 December 2024 for AED 917,411, or AED 1,528 per sqft, 15% above the AED 1,331 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 9 September 2025, is AED 60,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 13,000 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the studio median of each year in the building.
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 406 sits
All 37 studios →406 last sold in December 2024 at AED 1,528 per sqft, 15% above what studios in West Wharf Tower were fetching at the time (AED 1,331). 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. 406's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 561 sqft | 1,015,000 | 1,809 | ||
| 2 Sep 20262 September 2026 | 559 sqft | 790,000 | 1,413 | ||
| 30 Jul 202630 July 2026 | 622 sqft | 1,150,000 | 1,849 | ||
| 7 Jan 20267 January 2026 | 671 sqft | 995,000 | 1,483 |
West Wharf Tower
Building111 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%
Other units on the 4th floor
All 111 units in West Wharf Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 561 sqft | AED 1.05MAED 1,050,000 · Jan 2025January 2025 | 55,000 /yr | |
| 402 | 1-bed | 559 sqft | AED 755KAED 755,000 · May 2023May 2023 | 80,000 /yr | |
| 403 | 1-bed | 821 sqft | AED 1.62MAED 1,622,325 · Jun 2009June 2009 | 63,500 /yr | |
| 404 | Studio | 632 sqft | AED 480KAED 480,000 · Mar 2019March 2019 | 75,000 /yr | |
| 405 | 1-bed | 1,179 sqft | AED 1.23MAED 1,225,000 · Sep 2023September 2023 | 82,000 /yr | |
| 407 | Studio | 671 sqft | AED 1.01MAED 1,010,000 · Nov 2017November 2017 | ||
| 408 | 1-bed | 871 sqft | AED 1.45MAED 1,450,000 · Jun 2026June 2026 | 115,000 /yr | |
| 409 | 1-bed | 749 sqft | AED 870KAED 870,000 · Jul 2018July 2018 | 72,000 /yr | |
| 410 | 1-bed | 892 sqft | AED 1.2MAED 1,200,000 · Jan 2023January 2023 | 110,000 /yr |
406, West Wharf Tower in numbers
- Sold 3 times: first on 22 June 2009 for AED 785,049, last on 6 December 2024 for AED 917,411 (AED 1,528 per sqft).
- Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2019 and recovered to AED 60,000 by September 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 13,000 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 9 September 2025.
Questions about 406, West Wharf Tower
What did unit 406 last sell for?
AED 917,411 on 6 December 2024: AED 1,528 per sqft for 600 sqft. The unit has 3 registered sales; the first was AED 785,049 in June 2009.
What is the rent for unit 406?
AED 60,000 a year on the contract signed on 9 September 2025. The previous contract, from October 2023, was AED 75,000; the unit has been rented since June 2018.
How big is unit 406?
600 sqft (55.7 sqm): a studio on the 4th floor of a 17-storey tower completed in 2013.
What is unit 406 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.
Selling 406? 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.
Mortgage on 406, West Wharf Tower
Starts from the last sale price (AED 917K, 6 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 917,411
- Deposit, UAE resident (20%)
- AED 183,482
- Deposit, non-resident (40%)
- AED 366,964
- Monthly over 25 years at 3.7%
- AED 3,753
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →